Regardless of one's needs, gender & interest— whether if its in cooking meals or art.... Almost everyone desires— respect, independence, adventure & joy.... in their life.
& as you might have thought, To be Happy, you require Money.
Today we'll talk 'bout the importance of money explaining, Why Is It Important For Everyone To Be Rich?
& also, we'll reveal some money generating ideas so that you never fall short on money!
Talking 'bout the Importance Of Money & Why Is It A Necessity For Everyone To Be Rich?
It is somewhat true that Money Can't Buy Happiness!
But I'd Rather Cry In A Lambo Than On A Bus!
You know, talking 'bout a well known phrase....!
Well, it's nothing 'bout greediness, when it comes to earning MONEY!
I mean that it is not greediness if someone is willing to work hard to have unlimited money & achieve financial freedom & just be Rich!
Greediness doesn't plays a role, here!
In fact, one is only known as greedy if he/she is not all willing to work for it.... & '+' they earn just to buy stuff they don't need.... to impress people they don't like (talking 'bout a well known phrase, you know!).
So, in short, if you are not willing to work to acheive Financial Freedom than you are being greedy!
& basically, showing off will never let you be rich.... even if you are buying unnecessary expensive stuff to seem Rich!
Hmmmm.... Makes Sense!
Lack of Financial Literacy.... causes people to go broke.... looking back at people who are not willing to work for success & some who are just dependent on luck....like many— lottery winners (not saying all of'em are greedy.... many of the lottery winners may be wise!)
But there's a fact which claims that,
"Nearly 70 % of Lottery Winners go broke within a few years of winning a Lottery!"
You know— money isn't something you should just spend right away, especially on things you don't relaly require / need.
Now, I won't recomemnd you to do some savings & all & all & stuff like that.... however, usually it's always better to have some money with you even if it's just from the Savings!
But, I just won't talk 'bout savings here.... 'cuz savings are meant to be used completely.... someday.... So, sooner or later.... you're money is gonna vanish from your bank account or your wallet, completely!
So, instead, we shall rather focus on, constantly generating money over time ... so that we never fall short on money.... but how can this be....
I'll cover it now, within a while.... so Continue reading.... I'm pretty sure you won't miss out the essential information!
But now, I first would like to talk 'bout why is it important to be Rich?
Well, what do you think?
Do let me know in the Comments!
Can you think of any real reasons explaining "Why should one be Rich?"
LEAVE A COMWMNT!
Ok! well these are some points/reasons that I could think of.... that mighy encourage you to be Rich....
So here we go with the points....:
- To Survive
- To Do Things You Always Wanted To Do
- To Help Others & Finish Poverty
- To ACCOMPLISH YOUR GOALS & ACHEIVE YOUR DREAMS
- To Do Things You Love.... (Keeping up with ur hobbies n interests to a whole another level)
- To Enjoy & To Live Life, Peacefully!
>If you are ever there by chance in a hospital where the doctor have a bunch of patients to look after & if you've got the money & if you pay him first for your treatment.... then you just saved your own life!
>How 'bout going Bunjee Jumping or travelling the whole world?
>Helping someone can be the best feeling ever & money'll help you.... so that you can help the poor & finish poverty!
>The Goal/Dream can never be the money. Yeah! It may be Financial Freedom.... you know Independence.... but it's never jsut the money.... Infact, the Goal/Dream is the THINGS money have the power to do &/OR buy for you.
>Does it even require me to WRITE/SAY something?
Like— who doesn't wants to keep on earning money constantly without having to go to work anywhere.... & have a plently of time to just keep up with the things you love to do/your hobbies.
> JUST WOW!
Okay! Well; enough of the advantages/reasons for being Rich!
& now talking 'bout the fun part!
— The Work & The Effort, Required!
It may not sound that fun! Especially, the phrase "WORK & EFFORT"!
But you know, it is not that kind of work/job which requires you to get up early & to sit in front of a screen, all day long.... & for ALL OF THIS HARDWORK & EFFORT WHICH YOU'VE BEEN PUTTING IN EVERY DAMN DAY.... YOU JUST GET PAID ONCE A MONTH!
That's quite unfair!
So, it isn't acceptable!
You might know that most of the Rich people are not doing/working a Job.
Infact, their networth keeps on multiplying/compounding even when they are on a vacation.
So, what is such a thing they do to keep on earning constantly?
How do their money keeps on growing over time by itself?
& the Answer is that they Invest.
> They tend to diversify & invest in other growing businesses & all.
Honestly, there's a lot to learn when it comes to Investing....
Seriously there are a bunch of different things.... Such As— Debentures; Derivatives-- Futures, Options, Forwards & Swaps; Share Market; Real Estate; Bonds; NCD's; etc. etc.!
It's not like they are always easy going.... first you've gotta invest in a good place.... for like— in Share Market, you need to find a good Company, which is capable of paying off high returns (or such returns....that can keep up with your needs/wants) & keep your money safe.... Make sure it's not a Fraudent Company/Business you are investing in!
Even if this might require Effort.... to do some research on the Companies to pick up valuable stocks.... it's still better then working each day in a MONTH & just getting paid once a month with a little amount!
By the way, there may be a loss or a profit in almost every investment because the stock prices and even land prices (in Real Estate) keeps on fluctuating over time due to some reasons.
You May Also Read— What Makes The Prices Of Shares/Stocks Change Over Time?
& yeah.... just for your kind information.... Share Market is not Gambling at all!
Also Read— Is Share Market Gambling? Let's Find Out!
Ok! So, now making it easy for y'all to learn & understand.... I wanna let each one of you to know that.... RSPH Blogs - Finances! —— Already have many articles/blogs written on almost all complex money making concepts/topics.... explained in simple terms.
So feel free to check'em out!
Here's a little bonus talk.... 'bout, "What Makes Rich Actually Rich?"
Well, Rich People just tend to invest in multiple places (good one's) & just relax & they tend to make a lot of money over some period of time.... & then they REINVEST the money they made from there previous Investment.... which means they Invest a part of there profit they made from there last Investemnt. & it just goes on & on.... & it's just like.... their money making more money for them!
In short, the Money Works For Them As They Keeps On Buying More Assets From The Profit They Make & Then Those Assets Generate More Money (as profit) & as it goes on & on.... the money of these Investors keeps on Compounding over time following the same cycle & tends to make the Invvestors MILLIONAIRES & EVEN BILLIONAIRES!
Remember when Robert T. Kiyosaki said: "Rich People Knows How To Make Money Work For Them.... While Poor People Just Knows To Work For MONEY!"
&
As Warren Buffett once said,
"If you don't find a way toake money while you sleep.... you will have to work until you die!"
So now as you know how do the cycle works.... then you may now easily learn 'bout, "How to make money work for you?"
So, by just putting in Effort, once.... you can be free most of the time & you may just focus on your hobbies.... while your money works for you!
In simple terms.... The knowledge about Money & Money Making is known as Financial Knowledge....
& to be Financially Literate.... make sure you check out....
RSPH Blogs - Finances!
— & aquire Financial Knowledge, ALL.... FREE OF COST!
Anyways, So that's all I had to say 'bout the necessities for being Rich & How can you be Rich?
Thanks For Reading!
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