Creating wealth can be fun but it also can be a disaster if you don’t follow some clear guidelines.
Here are a few tips:
- Never spend more than you make. Some people hate paying tax, however look at it this way; if you’re paying tax, you’re making money.
- Pay yourself first. When you get paid, transfer 10% into an account at a bank that doesn’t hold your day to day accounts. When you don’t see it, it’s amazing how it grows.
- Surround yourself with successful people. Success rubs off on others, just like it does when you’re with losers, so make a good choice.