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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
Click Here
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