If you want to play business, pick which business and make sure your bankroll is big enough
Building Wealth is a long-term thing and starts now when you have nothing, not once you start making something.
Stay out of high-interest bad debt. (High interest)
Save a minimum of ten percent of any money you make for the rest of your life and put it into a sacred account that only is spent on knowledgeable investments to grow your wealth. This is paying yourself first.
To the above point, Make smart and knowledgeable investments, and understand the risks and downsides of any investment. “The worst-case scenario.”
What you heard about money isn’t necessarily true. Choose to adopt new ways of thinking that support your happiness and success.
Release bad money habits and leave them in the past. I’ve had my fair share. Create a new and rich future.
Commit to being rich.
Be open and willing to receive massive amounts of money in your life.
Become an excellent money manager.
Stay committed to learning and growing. Invest in yourself. This will make you more valuable.
Live within your means. Minimize monthly expenses. Live frugally.
Think big.
Keep some cash on hand for a turn of events. Always want to provide for at least yourself. (Or business) 6 -12 months of funds.
Try different things and see what you like.
Your inner world creates your outer world. Success is more of a state of mind than it is money.
Long-term value trumps short-term results.
Compound interest Is the 8th wonder of the world. The simple concept is this: interest on your interest. Reinvesting all profits. This drastically accelerates your net worth. First in tiny increments, then leaps and bounds.
Don’t let money control your decisions
Money isn’t everything but it is extremely important.
Knowing when to buy isn’t enough. Have policies and rules for when you will sell, or the universe will punish you with very bad and very expensive decisions.