[ad_1] Warren Buffet, tips to be a millionaire, millionaire, become a millionaire

5 rules to become a millionaire

If you are looking to make your first million and join the “million dollar club”, then Warren Buffett’s advice can put you on the right track to becoming a millionaire

American businessman Warren Buffett, at the age of 92, is the 5th richest person in the world, with a net worth of $117 billion (Rs 9.7 lakh crores approx.)

Your dream of becoming a millionaire can come true by following Buffett's roadmap to financial greatness

Tap to check out some valuable
advice by billionaire Warren Buffet on building your wealth

Start early

It’s never too early or late to start investing your money. Develop your mind to look for opportunities and ways to make money, however big or small the idea may be

Avoid unnecessary debt

If you have to use credit cards,
then learn the system inside out to optimise your usage for the maximum credit score

Invest with a mindset of a business owner

Buffett’s approach to investments is first to consider the fundamentals of the business and the long-term prospects of the company you’re investing in

Reinvest your profits

If you made money with your
investments, don’t just take it and run; reinvest your profits. Also, diversify your investment portfolio

Live a simple life

Minimise expenses while seeking opportunities to save, invest and earn from the compounding interest.

Now, check out 6 productivity tips from the world’s top billionaires