Wednesday, April 8, 2009

How to make your money grow?

It is very important that you start your financial plan now before its too late.
As you improve discipline in your savings, you need to have financial literacy and planning also increase.
States that a small number of cause (20%) is responsible for a large percentage (80%) of the effect.
You have to practice living within 80% of your active income (income you get from your work) this should support all of your basic needs to support you life. (20%) will serve as your self payment, this will be responsible to fund your wealth generation in due time. Eventually becoming a passive income (income you get from your investments).

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