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The Best Financial Tips: A Short Post On Becoming Financially Independent
Use your Money!
Too many people walk around with money decaying in their bank accounts.
They stuff their pockets and their mattress or let it sit in an account with no access to it.
But what good does the money do you in those places?
It doesn’t increase, doesn’t add value to the world, doesn’t help anyone and it most certainly isn’t making you any richer.
But if you invest your money wisely, it can grow.
That’s not to say you should gamble it all away, or that you should not have a safety net of some sort, but rather that you should use the money you can spare to make you more money instead of using it for things you do not necessarily need or having it sit in a place where it does nothing.
Among the rich, the rule of thumb is to have enough money stored away to be able to live 6 months without a job.
Anything else you should invest either in making you more money, in improving yourself or in giving you more options to increase your current standing in life.
Remember that money is a tool, a means to an end, and it should be treated as such!
