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5 Golden Rules of Money If You Want to Become Rich Fast

Vikram Brahma is a Digitalpreneur, and full-time Blogger, Writer, YouTuber. He is launching and publishing his first book by Jan' 2021.

Introduction

If you want to become rich and get financial freedom then you have to play the game. In this game of finance, there are other players and rules which we need to know and play as per the system.

First, to win, you have to understand how the financial system works and then you can take the required course of action one by one. Otherwise, you will stay poor or in the middle class for many years. In many cases, we don’t get want we desire but we get what we deserve. So, if you want to change financial circumstances then you have to follow some rules to win this game.

In this article, I am going to share some rules which many financially successful people are following for many years. And if you understand these rules then make plans and hit your targets.

Focus On Earning More Money Then Saving

As per the money rule, saving is the first step to gain financial freedom. And the good news is many people know about this truth. But after saving there is something called making more or earning more then you save.

Normally people stop at saving money due to lack of enthusiasm or lack of direction or safety reasons. And this is where they make a huge mistake. My simple question to people is “do you want to purchase your favorite gadget, mobile, or car at the age of 60 or by 30 or 40”?

Well, I am sure you want to live your life as per your dreams even before 60. So, to achieve this you will not only have to concentrate on saving and investment but also earning more money. This you can achieve by starting a side hustle along with your jobs. And digital marketing can definitely help you in this direction.

Bethany Hamilton, world-famous surfer and motivational speaker

Bethany Hamilton, world-famous surfer and motivational speaker

Don’t Chase Money But Attract Money Through Your Talent

This simple rule says that you have to make yourself so valuable that money should come to you. And this can really happen if you will develop some high-income skills.

In this world, people are suffering from many things. They are suffering from a lack of enthusiasm, motivation, job loss, fitness, mental health, lack of direction in life, lack of growth in business and career, etc. Can you provide any concrete solutions to them? If you can provide real solutions to them then they will definitely ready to pay you any amount.

For example, Bethany Hamilton inspires thousands. She always speaks about hope and faith. She is considered as one of the highest and richest top motivational speakers of all time.

She charges $30,001-$40,000 for keynote speeches. As a young surfer aged 13, Bethany was attacked by a shark that ripped off her left arm. For most people, she is the 'Queen of Surfer’. Despite facing this hardship today she is considered as one of the most valuable motivational speakers and that’s how the money is attracted to her. Make yourself valuable through skills and talents.

The More You Learn, The More You Earn

The third point is also related to the second point. Due to the help of the internet, you are learning about some rules related to money for almost free. Otherwise, you would have to spend money on purchasing books and newspapers.

If you want to earn more money then you have to learn more about money. There are many aspects of money and the more you will start learning about them it will be good for you.

But you just don’t have to learn but you have to take action. Once you will start taking action you will gain experience also. And in this life, both knowledge and experience matter a lot.

Start As Soon As Possible

It is a sad reality today that around the world youngest are spending time and money watching movies on Netflix, playing video games, and scrolling social media accounts. But they are not using the same money, time, and energy to learn new skills.

If you want to become financially free then you have to start applying the financial freedom model as soon as possible. You have to invest time, money, and energy to learn high demanding skills and grow your business.

The best part is due to digital technology you can start your journey by sitting at home. It doesn’t matter whether you are from the US or Russia Or India Or South Africa, an online business gives you that freedom to start your journey from anywhere in the world. Now-a-days you can become a trader or stock investor by sitting at home. Start an eCommerce website and work from home. But start as soon as possible and make money.

Track your money

Track your money

Track Your Money Day To Day Basis

Why some companies are financially better and why some are not performing better? Well, there are many reasons but one reason that separates good companies from bad ones is related to the way they handle their finances.

In the same way, you have to learn to manage your money. For this purpose first, you have to learn how to take care of income and expenses. And then saving and investments.

Once you will learn to manage your money then you can think of getting rich. You have to learn the habits of rich people. There are many tools available for doing this simple task. You can even use your notebook or even use an excel sheet for this purpose.

Conclusion

These are some of the rules of making money and earning more money. But as I have said learn things and start applying them in life. Without any actions, you will not get the desired results. Write down goals, make plans, and take massive actions to achieve your financial goals.

This content is accurate and true to the best of the author’s knowledge and is not meant to substitute for formal and individualized advice from a qualified professional.

© 2020 Vikram Brahma