If you want to be richer than 94.7% of people you know, focus 100% on these 5 things...
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1. Maintain an emergency fund
Life is full of unexpected surprises
Sadly, most some with some sort of a cost
This is why you need money set aside
However, few people do - big mistake!
Here’s why you need an emergency fund and how to build one…
Having a fund helps:
- Reduce stress
- Avoid debt
- Build financial confidence
As such, allocate 10% of each pay towards your fund
Fund it to where you have at minimum 6 months of living expenses
That way when more expenses come, you’ll be ready!
2. Build non-employment income streams
Having employment income is good but it’s not enough
There are two reasons for this:
1. Most jobs don’t pay enough
2. Jobs aren’t 100% secure
As such, you need to insulate yourself with others forms of income
Here’s what I suggest…
Most people should consider:
- Freelancing
- Starting a business
- Building an audience
The internet is ripe full of money making opportunities
Stop watching cat videos and start making more money…
Next is how I first started making $1,000s extra per month