How to become wealthy in 5 years: 14 strategies
What is one strategy to become wealthy in 5 years? To help you become wealthy in 5 years, we asked successful entrepreneurs and investors this question for their best insights. From becoming financially literate through self-education to investing in your skills, there are several tips that may help you become wealthy in the future. Here are fourteen strategies to become wealthy in 5 years:
READ ALSO : Closing the wealth gap, one female entrepreneur at a time Become Financially Literate Through Self-Education
Spend Less, Earn More, Invest the Difference
Do Something You Love
Invest in Properties
Build a Portfolio of Stocks and Shares
Focus on Contemporary Areas of Growth
Be An Innovator Do Quarterly Goals & Reports Set Up a Website to Partake in Affiliate Marketing Obtain More Than One Source of Income Find a Rich Mentor Create a Big Picture Wealth Vision Become a Stockholder in a Start-Up Invest in Your Skills Become Financially Literate Through Self-Education We’ve all heard the stories about people who won the lottery or got million-dollar salaries playing professional sports but then were broke within years. One of the most important factors in both becoming wealthy and staying that way is educating yourself on how to be very financially literate. It’s no good to just amass money if you don’t know how to hold onto it. There are plenty of books, such as Rich Dad, Poor Dad by Robert T. Kiyosaki, that can help you get started. There are also online courses that can help you to become more financially literate. It’s also a good idea to enlist the services of a financial advisor. Even if you’re financially educated yourself, a financial advisor is an expert in that field and can help you to grow your money and maintain wealth better […]
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