Already in the 19th century, Goethe wrote in his work “Faust” that the greatest temptations for a person are love, fame and money.
Today we will talk about money. There is an opinion that it spoils people, but is it true?
In the modern world, the main goal of the average citizen of any country is the ability to feed their family and satisfy basic needs.
Not everyone is familiar with such a concept as financial freedom. But having financial freedom, the world could become kinder.
Just imagine – you don’t have to think about the cost of necessary products, worry about rent changes, limit your child’s educational toys or other entertainment. Wouldn’t that help you relax, take a deep breath, and smile at the new day?
So, what is needed to become a rich person? There are no clear and categorical instructions, of course. Everything is individual.
But there are 4 different paths to wealth, choosing the most suitable one for yourself, you will be able to realize it with the help of your individual abilities.
The first way to get rich is to become a successful businessman. And the key word here is “successful”, because starting your own business is not easy, and for this you will need not only start-up capital, knowledge of the legislation in your chosen industry, the right choice of a free niche, but also luck.
According to statistics, only 10 entrepreneurs out of 100 succeed in their business, while the rest fail.
If you decide to use this path to achieve your financial well-being, you need to understand that it will take a lot of time (it can take up to 3-5 years) to get the first results.
The second way is career growth. This means that you will have to rise not just one position above yours, but an order of positions. That is, you need to ensure that you have dozens or even hundreds of employees reporting to you.
Management positions are not for everyone, you must be able to find a common language with people, manage them. To achieve such a position, you need to work hard on yourself both professionally and improve your personal qualities.
If you succeed in this direction, you will have the opportunity to not only receive a stable monthly income, but also various bonuses. Examples of such bonuses can be interest-free loans, kickbacks, and the right connections.
The third way is investing. Many people keep their savings in a bank, which is quite modern and convenient. Plus, interest "drips". But only at first glance does the amount of your hard-earned money increase.
In fact, not even the most profitable deposit will offer a rate equal to, and even more so, higher than, the inflation rate.
Therefore, sadly, your money melts away every year. Where is it profitable to invest in this case?
You can try to buy out some of the shares of a joint-stock company and receive monthly dividends that will significantly exceed the inflation rate, but in order to correctly select an organization in which it would be profitable to invest your funds, it is necessary to carry out a lot of analytical work.
If you are not ready to make lengthy calculations, monitor economic changes in the country, market conditions, but want to receive dividends, and have savings that can be invested, feel free to contact a mutual investment fund, where your investments will be managed by specialists.
They will select the organizations that are most profitable to finance and distribute risks, diversifying investments.
Another way to invest is to buy a home. This way you insure yourself against various economic downturns, housing is a fairly liquid asset, and you can also rent it out and gradually return the cost of your investment.
And the fourth way is to become the best in your field. Probably the most difficult, since it will take more than a dozen years of hard work, which does not guarantee the highest result.
You have to work 110%, giving your all, and at the same time try to advertise your achievements to everyone.
If your efforts are noticed, newspapers will write about you and TV shows will be dedicated to you. Only in this case you can be proud of yourself - success, fame, and most importantly, money in your pocket.
And most importantly, on the path to wealth, do not forget: in addition to the ability to earn a fortune, you need to manage it correctly.
After all, even if you have a fairly high level of income, by wasting money you will never make a fortune.
And to use your resources correctly, you must have a goal. And the higher the goal, the longer it takes to save up for it, which means that momentary weaknesses will fade into the background.
Earlier, the expert predicted the onset of a new crisis .
