1. Pay yourself first.
- Save before spending your money.
- Put your money in dividend paying stocks that will pay your desired lifestyle in the future.
2. Spend less than you earn.
- Do a conscious grocery shopping and stick to your list.
- Cut down on the big 3: food, transportation and housing costs.
3. Build multiple streams of income.
- Every person who became a millionaire have built many sources of income. They make money work for them.
- Build an income that will make you money while you sleep.
4. Network with people who are financially well-off.
- It’s true that your network is your net worth.
- People like to associate with their own kind.
5. Choose your friends wisely.
- Are your friends making you poor or rich?
- If you want to have an insight about a person, find out the people he/she is spending most of their time with.
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