Last time you learned how to dress better, so let’s continue to Step 7. Only 3 more steps left in the series!
Become better with money
- I recently read a great book called the The Richest Man in Babylon that has some central advice in it, start saving! Set aside a percentage of your paycheck into a savings account with preferably a high interest rate. Let it be and don’t touch it. You must do this no matter what.
- Stop spending your money on pointless things. You don’t have to be frugal, but don’t be wasteful either.
- If you care to, invest money in good stocks. Nothing risky or trendy. Find a solid stock (companies like Microsoft), look at their history graph. If it’s at a peak, don’t buy. If it’s not going to be at a peak for a while, buy. Learn more about the stock market before investing.
- Find ways to make money out of existing hobbies if you can. Look for ways to make a quick profit. You never ride that bicycle any more. Sell it. Or look for opportunities: Your friend has a bicycle he never rides, and your other friend needs a bicycle. Buy the bicycle at a low price and sell it back to your other friend.