As I constantly working on money making opportunities online, wealth and success often checks in my mind without any sign. If I’m lucky they stay for just a night quietly. But in most cases they tend to organize party and sings “For the Love of Money”. Just how much money we need to make in order to categorize as wealthy and success? I suppose each of us has a different definition and answer. Let’s take a look at an article from Yahoo Finance title “Top 5 Tips to Build Wealth and Success”
Live Below Your Means
The only way to own lots of money is to spend less and save more. If you have the habit of spending, no matter how much money you make, you won’t have any money left behind.
Bounce Back From Defeat
Success is built from failure. If you continue trying regardless of failures, chances of success are there. Only when you stop trying then you may never reach success.
“The key to skillfully navigating an upward career path”, this is something interesting that we should learn. I suppose it’s how we able to sell our ability and increase our values. Sometimes we are under paid just because we don’t know how to promote ourselves.
Have Street Smarts
I think this is a skill which we can only learn through experience and from a group of people who have street smarts. This is one thing that we cannot learn from school. I suppose pick a master or mentor and learn from them is the best way.
One of the golden rules to become wealthy is to buy cheap and sell reasonable. The final result of the financial equation is always positive, and they apply the equation in almost all areas.
We are always advised to aim high to get the best out of it. Setting a goal to pursuit a wealth or success beyond our reach can be very tired and tension. It is best to break such huge mission of goal into several small goals which are easy to achieve. This way we can maintain motivation and positive thoughts as things can be seen in progress and achievable.
P/S: My definition of wealth and success is simple. That is able to do the things I like freely and have a simple way of living.