To be millionaire We have 6 golden rules that we must respect to the letter. In this way, we will keep the fortune and it will not slip out of our hands. This way we will be able to reach the objective that many of us pursue and that few of us achieve.
How to be a millionaire?
1 What are the ways to get rich?
First and foremost you should know that there are 6 ways to do millionaire: Marry someone with a fortune enormous; inherit money; exploit a unique talent; to have a lot of luck; start or run a successful business; spend less than you earn and invest your savings over long periods of time.
2 Take the risk
The second of the gold rules will go through accepting risks. Experts recommend investing in real estate, stocks or cryptocurrencies, since it will be useless to have the money stagnant in the bank account. However, they advise having full knowledge about the investment to be made, so the risks must be measured.
3 Say no to debts
To be millionaire, we will have to avoid debts. We won’t have to use loan money to pay off other debts. Consequently, we will only have to borrow in case that money is going to be reinvested and leave bigger profits or if you have to do it to survive.
4 Being rich or just pretending it
Specialists say that those who have the greatest wealth do not show it. That is to say, people with fortune they live an austere life, since they decide to spend less on things like a house or a car because they do not plan to spend more than they should.
5 Do not spend more than you earn
One of the keys to be millionaire it will be saving month by month, spending less than we earn. If we do otherwise, we will become poorer.
6 Money is time
The last of the gold rules to be millionaire it will happen to understand that money is time. Money is the only non-renewable resource we have, therefore, we must spend as much time as possible doing the things we want, and not the ones we have, whether working for others, or wasting money.