7 sensible ways you can grow your wealth

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Gaining financial security can seem like a high mountain to climb. Here are some tips to get you going. FMTNews FMTLifestyle MyPF PersonalFinance

The destination only matters if there is a meaningful purpose in life. Knowing your life’s purpose will help you define your life goals, including your financial targets, so it all falls into place.2. Negotiate income

Look for better and simpler ways to do things. Plugging leaks becomes easier with awareness. It is important to realise that the phrase “time is money” is more than a cliché. Financial learning is not rocket science, and even rocket science can be learnt with persistence and determination.“The function of education is to teach one to think intensively and to think critically. Intelligence plus character – that is the goal of true education.” ~ Martin Luther King, JrIt is easy to get stuck in a lazy recurring loop of daily living. But it is important to try new things that are outside one’s comfort zone.

“People are not lazy. They simply have impotent goals – that is, goals that do not inspire them.” ~Tony RobbinsLearn the rules and then remove the training wheels and take calculated risks. Making mistakes is part of learning but taking risks that pay off will give manifold returns, covering losses and more.“The biggest risk is not taking any risk … In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks.

 

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