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Money Tips — 10 Steps To Riches For Those Just Starting To Earn
3 min readJun 7, 2024
- Get A Job — For now, get yourself some source of stable income. You will not stay with this source, but it removes a lot of fears, worries and complications if you have at least enough money coming in to live comfortably. Try to have this income be in a relatively easy going job, or reduce the hours enough so you get by.
- Start A Side Gig — This should be mostly for fun, but by starting a side gig you learn a lot about yourself. Not only do you further your skills, you develop an outside-the-box approach that you can use in your career and you may even make some extra income on the side. If you are lucky, motivated or disciplined enough, it may even turn it into your main source of income eventually. Until then, it gives you a purpose you decide on.
- Learn About Investing — Do this as soon as you can. Learn about stocks, index funds, real estate, or anything else that the rich use to get richer. There is a reason they have their money where it is. All you need to do is follow the money.
- Invest — Stop putting money away in banks or in objects that you do not need. Either spend it on experiences, your own personal growth, or invest it. In an ideal scenario you live off of 50% of your income (including going out and traveling) and are putting 30% of your income into some form of financial…
