Ali Qamar
Probably all of us dream of becoming rich and famous. Well, these things don’t come as you blink. Also, there is no quick solution for achieving this. Some of us think that if you lock yourself with a job in a multinational company, you become wealthy. But the truth is that you have to develop some habits around the money you have. Even doe your paycheck might not help you can still become wealthy.
Down here I enumerated five great habits you can adopt in order to build your wealth.
Don’t pay for commodity
These days, because of technology we have kind of everything at our fingertips. From food delivery, furniture, electronics for nature of everything we want. Yet, this convenience most of the time comes with a pretty high price.
Let me give you an example; you love coffee, and every morning you run to Starbucks to get it. Instead of this you can buy whole coffee beans and an espresso machine, and make your very own coffee.
In this way, you get to make your coffee – and you save a lot of money in time. Because if you dream of becoming wealthy, you have to cut some bad habits, as simple as that. Every penny counts in time, so you’ll see the differences in no time!
Live a modest life
Most of the time having big homes, fancy cars and traveling to exotic places seem to be equal to success and happiness. It’s true sometimes, yet many wealthy individuals in the world, have a very modest lifestyle.
A very good example that lasted in time is Warren Buffet. He lives in the same house since 1958. Besides this, he drives a 2006 Cadillac. This is very modest, even if this man worth’s more then $70+ billion.
Regardless of your income, you can always live a great life a bit below your means. In this world, many people seem to be very wealthy, and they actually haven’t saved a penny.
Many might have debts to pay at banks. I am not saying that you aren’t allowed to buy yourself stuff, yet you have to set a limit and be a bit more modest. You’ll be way happier, and also you’ll get to save a lot on the way.
Avoid Debts
If you want to build a pretty lovely wealth wall then, you have to avoid debts entirely. There will be times when problems will come, and you’ll need money. When you decide yourself, think about the best options – don’t take a debt as a one. If you get it, you’ll regret it in time.
I suggest you borrow from family or friends if it’s a big necessity. Also, pay them back the money when you’re out of trouble that means you are a man of honor. In this way, your credit is not affected, and you don’t have to send money each month to the bank.
Sell unnecessary things
Many of us have that element of gathering things, most of the time useless. Yet, we kind of forget if we really need does things or not? This is a common problem meet in the USA, Pakistan, and Philippines (in fact, all around the world) – where people get to accumulate tons of things that they don’t need.
So, an excellent solution will be getting the stuff out from the basement and sell it. Nowadays, there are many online marketplaces where you can sell the used goods.
Make use of the Google to search places where you can sell the old stuff out! Since we live in Steve Job’s words, all the time is right to get rid of the old stuff to let the new ones arrive in.
Make a side project/job
Perhaps, your job might seem the most secure thing to you. Yet, it is always a good idea to have another project or job on the side. In this way, your dream of becoming wealthy is going to become true for sure. Even if you know you have some free time, maybe you get bored and need to be more efficient.
So, a bit of hustle from you can bring you a part-time job besides your full time one – or any kind of project that you think can manage. In short here, for bringing up your finances, you have to hustle a bit and get multiple sources of income!
Conclusion
Becoming wealthy means a lot of perseverance, hustle and always looking to change behaviors. It seems simple, yet when you start, it will seem like the end of the world. Nothing comes easy, and you have to accept it. Having said that, I believe everything is possible in this world and becoming wealthy is merely in your very own hands. Push your inner self hard and move the ball harder!
