EIGHT THINGS YOU NEED TO DO TO BE WEALTHY

1. Wake up early.

Avoid spending a whole lot of the night sleeping. Wake up early to plan for the day. You don't hear of successful men who sleep a lot, if they did sleep so much, they won't be successful.

2. Set goals

As you have short-term goals you want to achieve in a short time, make sure you also set long-term goals for yourself. Setting goals gives you a target you want to meet and it also keeps you focused.

3. Read

Many successful men are readers. Instead of buying things that don't have value, buy at least a motivational book or a book on finance and money every month. Sharpen your mental skills. It helps in personal development.

4. Spend within your income

If you can't afford some things, make do with what you have, you won't die if you don't have them. So try to spend within your means.

5. Save to invest

Learn how to save out of your income. No matter how small your income is, you should try to save a part of it. Don't spend and then save what is left. Save and spend what is left. As you save, invest wisely. Don't save to save. Save to invest.

6. Avoid debts

Make sure you avoid debts. If you are not taking a loan for a business or a reasonable project, don't take a loan. The thing about debt is that when you clear your debt, you still end up needing more money because you don't have enough anymore, then you need to borrow again. Which means you still end up being in debt. So avoid it like a plague.

7. Spend less time in front of a screen

Stop wasting a lot of precious time you can invest in front of a screen. If you are not on television to look for vital information, online surfing to get useful information or your work entails you to do so and you are only in front of a television screen, computer or phone screen whiling away time, doing nothing but feeding your eyes with useless information, you need to quit.

8. Have at least two major sources of income

Keep investing until you have at least two major sources of income, with, perhaps, two other minor sources. Don't rely on income from your salary. Tell me of any wealthy man, and I will show you at least his two major sources of income.

On point

Succinct write up

An important addition would be to network with wealthy and like minded people too.

Lalasticlala

braivheart:
On point

Succinct write up

An important addition would be to network with wealthy and like minded people too.

Lalasticlala

......tnx.... bt do wealthy dudes associate wil lower class brothers?....

Good advice. Thank you OP

NICE ONE...
I KNOW OF A MAN IN LAG WHO SELLS MOTIVATIONAL BOOKS AND BOOKS ABOUT WEALTH YET FINDS IT HARD TO PAY HIS HOUSE RENT.

Gbam!!

Easier sed dan don..

Nigerians hate dis

Nice one..

Bet9ja

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Nice one

Nonsense!

okay

Thanks for sharing.

Lets add determination, hard work and prayers

Word! I can relate with all the listed points. As pertains to screens, being thrifty and non-indebtedness , these are lessons young ones have to take to heart.

Well said OP

story...
no dey work jare

na today

Thanks for this great info

kenny5811:
......tnx.... bt do wealthy dudes associate wil lower class brothers?....

As long as you dont become a pest to them, have a style that they would want to learn, your thoughts and spoken words

kenny5811:
......tnx.... bt do wealthy dudes associate wil lower class brothers?....

A lower class dude should not seek to jump from the lower rung to immediately associate with top dawgs. Instead he should make a steady climb up the ladder.
The friends you had last year shouldn't be the exact friends you have this year, weed some out and step up.

9.Stop looking for Facebook likes
10.Stop looking for FTC on nairaland
11.Stop following celebrities

Psalmpy:
NICE ONE...
I KNOW OF A MAN IN LAG WHO SELLS MOTIVATIONAL BOOKS AND BOOKS ABOUT WEALTH YET FINDS IT HARD TO PAY HIS HOUSE RENT.

GentleNaaz:
EIGHT THINGS YOU NEED TO DO TO BE WEALTHY

1. Wake up early.

2. Set goals

3. Read

4. Spend within your income[/s]

5. Save to invest

6. Avoid debts

7. Spend less time in front of a screen

[s]8. Have at least two major sources of income[/s]

9. You forgot to add 'Tithe.

I would be so disappointed if this dude is not one of the wealthiest guys

Bet9ja

Psalmpy:
NICE ONE...
I KNOW OF A MAN IN LAG WHO SELLS MOTIVATIONAL BOOKS AND BOOKS ABOUT WEALTH YET FINDS IT HARD TO PAY HIS HOUSE RENT.

That he sells doesn't mean he reads....

Frenchfriez:

A lower class dude should not seek to jump from the lower rung to immediately associate with top dawgs. Instead he should make a steady climb up the ladder.
The friends you had last year shouldn't be the exact same friends you have this year, weed some out and step up.

What if the one you weed out later become the influential people in society and the movers and shakers?

Wealthy you mean? Naaa all these will
Not suffice it can only help you to be focused

akanbiaa:
What if the one you weed out later become the influential people in society and the movers and shakers?

Except you have a crystal ball through which you can predict the future of those around you, if a friend or associate doesn't key into or aids in your life pursuits, then why keep a multitude of friends for the fun of it? With time they become a liability and you'd experience the bandwagon effect.
Common men take pride in having a thousand friends , how many friends do the wealthy and powerful have?

There is more to wealth than all these. These r just basics, There r many people who practice all these and r still not wealthy.