Focus on Index funds which is the safest thing out there and you should have knowledge about it. Mutual fund Investing - Investing in mutual funds can be risky but at the same time the most profitable idea to grow your money passively. The other 2 options are something most people knew already but not taking the right action. The first two steps are about saving for long term and tracking the expenses. You can cut these expenses when you track what you spend. Imagine when you have spent 100$ on food eating outside and you realise you are spending too much on food by eating outside. You will be able to trace all your expenses and it would align your life back on track. This would keep the confusion out of the game and you will be able to make progress slowly. This account will be your ATM for day to day expenses.

You should definitely have an savings account for travel, food and shopping. Short term - savings account < shopping, travel and food This is like the food that you save for a rainy day.Ģ. When you have an account for safety or for emergency or as like retirement fund, you are on the safer side. spend what is left after saving and that's the key to success. There are no quick decision when you transact with money. Most people make hasty financial decisions. There are 4 ways to find your thing to investingġ. It doesn't mean you are avoiding to work for someone but you will have your own time. Sometime it works and sometimes it fails too badly. You are creating a new trend and much ahead of the crowd. Being the best and first person to try it, being proud to recommend the system to others as well. The logic behind minimalism is trying something new and making others follow you. Minimalism is the future and you should have known this by now. You can't be a master of all trades that doesn't work that way. Initial days you can try what ever you want to read but when the time progresses you will have to stay focused on your niche. Some people would love to read science fiction while others want to read on technology. Keep doing, choose the genre of the books that you want to read. only books and no other thoughts, he stays away from electronic gadgets and it's old school style.Ĭreate an un-stoppable reading habit. Bill gates takes think week, which is a time where he keeps on reading more books and goes 'Do not Disturb' mode unless it's an emergency.

Seth Godin mentioned about reading 1000 books in one year. Start with one book a month and slowly read up to 3 books a week.

you would probably wake up one day after 10 years and remember nothing, this happens to make people these days.Ĭollege isn't enough and you will scale up your skill but reading books. If you don't even read 4 hrs each day, then you are making your skills invaluable. You have turned allergic to books and want to sell your old stuff on amazon. We need practical experience which makes us proud and happier than crediting money in our bank accounts month after month.Ĭollege degree isn't enough and we spend 4 years of college study ( minimum) to become an expert but once when we get a job, you have stopped reading books. I love the Seth Godin advice on this, he has a program called 'AltMBA' which are lessons for the future and more practical than having a MBA degree. We can't predict the future, we can just only create it. But do you think you are going to be the best business man out there? Yes and a No. Always books are your best friends, no matter how much degrees you get or how much rich you are or now matter how busy you are, definitely reading one book per week or per month increases the level of positivity/hope in our lives. It has given me positivity and I started to see things in a different perspective. I have read around like 200 books so far. How is this even possible? Have you ever tried this? Well I started a youtube channel from april 2019 and started to consume more books than I can.

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