Signs To Know If You Will Be Rich And Wealth
Hello everyone, hope you all are doing good? Of course, everyone wants to know those signs that will indicate if they will be rich and wealthy. Cool topic right? Yeah, I know 😉. This is the beginning of an exciting new series, which promises to be informative and also educative, do well to follow all the parts as you will definitely gain 1 or 2 useful information from the series.
There are truly signs that will indicate that someone will be rich and wealthy, just by their characters and habits. Rich and wealthy people have a certain way in which they behave and if you or someone you know behave in such a similar manner, then there's a very strong chance that either you or the person you know, will be rich and wealthy in future. In this article I will give you guys one sign that will make you know if you will be rich and wealthy in the future. So sit back and look for somewhere quite quiet and comfortable as you read through this amazing article I created just for you(😉).
Living Below Your Means
This is the very first sign that will indicate if you will be rich and wealthy in the future. Do you live below your means currently? When the month is coming to an end, are you usually broke? Do you take loans just to survive? These are the questions you should ask yourself now, to know if you are currently living below your means. Living below your means doesn't mean you are starving yourself, it just means that you know your income and know your expenses, and you try to make sure your expenses doesn't surpass your income. The difference between the rich and poor, is that, the rich try to look for what investment to put his money into. While the poor is more interested on what trending cloth to buy or food to eat or something to spend the money immediately.
Someone of you might be saying, but the rich and wealthy live a luxurious lifestyle. That's true, but do you know how much they have and what portion they are spending on their luxurious lifestyle. A wealthy man will have $2 billion and then buy a car of $500,000. Is that money to him, will the money affect him a bit? Hell, no. But someone who has $1 million and went ahead to buy a car of $500,000. That's very unwise and most likely above his means. That's what separate the rich from the poor. The rich has the ability to deny himself of instant gratification for a brighter future. Whereas the poor, only cares about instant gratification and believes the future will take care of itself. I'm not trying to tell you to be miser, no way. I'm only trying to tell you, to make sure that your income is way far ahead of your spending. Before you should be thinking of buying a $500,000, you should have at least $30 million. Before you spend, make sure that the item won't have much effect on your net income. If you can have that habit today, that simply means, you will most likely be rich and wealthy, it's just the matter of when.
I hope you all found the article interesting and exciting. Do well to share your thoughts about the article in the comment section below. Thanks.
hi @menoski ,
it is impressive how people of one social group act similarly, low income people spend all they have and do not consider saving or investment necessary as their standard of living is limited by their income for the middle class spending more than they earn is a norm and for the rich spending below their means is a norm.
I like what you did with the title of the post. One sure way to stay poor is by living above your means, much like digging your own grave.
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I think it's not worth looking for some signs from above. Our whole life depends on us and our actions only. Of course, there are unforeseen circumstances but we must be able to cope with them. For instance, I think that in order to live comfortably, you need to work hard and know how to invest. If we talk about me, then I choose the stock market, precious metals, and cryptocurrency. How do you feel about investments?
I agree that in order to reach a new level of income, you need to try to save and invest with minimal earnings, then you will definitely not be stopped. So, even when buying a car, I found for myself a variant of free information about usa nissan history where I could easily get all the information I needed for myself on a car and save a decent amount on this.