Most of the people are looking at wrong places for wealth. Some people do all their efforts to become financial independent, but still don’t get the financial liberty. The equation of financial success function is composed of 3 points; investment amount, growth rate of amount, time to grow your investment.
Many people are not able to succeed in the making wealth as they don’t understand the simple principles that are mentioned below:
•Ignore the small time investment of the market, as it doesn’t have ability to grow in long run. Always look for long-term productive investments.
•Just let go of your past mistakes for making wealth. Always learn from your mistakes and keep learning.
•Save good reserves. No matter how you manage your plans, once you got lack of debt make sure you should have backup as a reserve. By this you never need to resort to expensive alternatives.
Making wealth is not so difficult, it’s just hard work, dedication and persistence. It’s simple but not so easy.