How to be Financial Wise and Financially Free in 2021
I remember that the year 2020 was a year of serious financial setback, people losing their jobs, families going into debt and so on but as I must say, not everyone was affected by this financial downtime, a lot of people increased their wealth exponentially in the year 2020 beyond the imaginations of other.
Building wealth is a simple rule of game. If you can play the game, then you can be wealthy. First never forget that the food you eat was planted by someone at a point in time, the shade a person is sitting under is a result of a tree planted by someone in the past. Luck isn't a game for the unprepared, it is a game for the prepared mind. You are lucky because you were prepared for an opportunity. The tree you start to plant and water today will be beneficial to you tomorrow.
If you have borrowed money to do a lot of wrong things, it is advisable to stop getting into debt. if yo uhave made a lot of financial mistakes, then it is advisable that you stop doind the same thing that will lead to the same mistake. You cannot keep doing the same thing and expect a different result.
Cash lying at the bank with no use is not a good way to increase wealth. You cannot have your money in the bank and expect it to grow beyond the annual inflation. Money is printed by the Central Bank and this is done regularly and this makes the value reduce.
Limit your expenses and work with the things you need. Never buy the things you do not need and cannot afford so you do not end up selling what you need to keep up.
Never compare your financial spending with other people and you do not need to do extraordinary things to get extraordinary results.
