Financial knowledge

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" Taking risk is risky but not having financial knowledge is even more risky" 
- Robert Kiyosaki

Today we will discuss some of the lifestyle changes that can make you rich. These are very effective ways. These ways worked for a number of self- made millionaires, so it will work for you also if you execute them. 

Here are the lifestyle changes that one should make :
1. Generate second income -
     The richest people focus on earning and doesn't depend on single source of income, they generate many other sources of wealth. If you generate second source than you can save a amount of money and live on the other. So never depend on single source of income. 

2. Save to invest -
     Investing money will really help you grow your finances. In fact the only reason you save money is to one day invest. How much you save or invest money is more important than the amount of your paycheck. One of the rich dad teachings is -
" It is not about how much you make, it is about how much you keep"

3. Build relationships with successful people -
     There is a saying -
  " If you don't get inspired from your group, you are in a cage". 
The people with whom you spend most of your time is very important. Because we become like the people we associate with, and that's why winners are attracted by winners. Wealthy and successful people are very particular about their company or the group. 

4. Think big -
     If you set your expectations exceptionally high and are up for any challenge, you’re on the right track. Now a days people don't think big or share their innovative ideas with others because they are afraid of getting rejected. It is said that - " Never share your great ideas with narrow minded people"

So, you really can implement these habbits in your day to day life as these has a huge impact on many people it will be effective for you also. 

Take care...
Yash
     

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