How Real People Grow their Wealth (Series) - 2

Welcome to the continuation of our series. I will start right away.

Save 50% of every raise you get

That is true and a good way to grow your wealth gradually. If for instance you earn N70, 000;00 p/m and you save N30, 000:00 and spend the balance every month you would be accustomed to a lifestyle of N40, 000;00. your company then decides to give you a salary raise of N30, 000.

What do you do with the extra Cash?

You add a minimum of N15, 000;00 to your saving to raise it you N45, 000;00 and then add the balance to your spending money.

Remember you need a plan on how to invest whatever saving you are putting away.

Good luck.

Till next time

How Real People Grow their Wealth (Series) - 1

For most people, wealth does not come in a WINDFALL but it gathers gradually as a result of years of hard work and diligence. Therefore, how do real people grow their wealth to the point where they have enough to sustain themselves.

I will be offering tips here for the next five to seven weeks on this. You will not find playing the lottery, participating in shows here but they are all sensible suggestions for savings. Let's get started:

Grow your own food.

Ha! someone might yell but its one sure way of having quality inexpensive vegetables all year round. You dont need a big plot of land to do this, you might even just be using the soil in the backyard of your house. What you will gain overtime as you do this will be invaluable to your health and well being.

Imagine the kind of lessons / life skills you would be able to pass on to your children / loved ones as you constantly tend to your plants.

Try it today.