7 Tips for Financial Planning and Achieving Success

7 Tips for Financial Planning and Achieving Success
  • Opening Intro -

    Many times achieving success means financial accomplishments.

    We all know the quote "Money can't buy you happiness but its more comfortable to cry in Mercedes than on bicycle". This quote proves that money may bring you a comfort.

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A person’s financial prosperity tells a lot about his own prosperity in his life. Many times achieving success means financial accomplishments. We all know the quote “Money can’t buy you happiness but its more comfortable to cry in Mercedes than on bicycle”. This quote proves that money may bring you a comfort. Following are the ways of financial planning and achieving success.

1) FATTEN YOUR PURSE

It only means that every time you earn, keep aside 1/10th of your income in your purse and allow it to fill up.This will make you achieve a financial security.

2) BE RESPONSIBLE AND CONTROL YOUR EXPENDITURES

We all have a million desires but they all are worthless if you have a lean purse. Controlling your expenditures contributes a lot in financial planning, thereby making you financially successful. Thus spend only on your necessities.

3) MULTIPLY YOUR GOLD

When you discipline yourself to saving 1/10th of your income, you are on your way to build up a fortune. After all, a man’s wealth is not in the coins he carries but the income he builds, the golden stream that continuously flows into his purse. Making a profitable income allows you to multiply your gold.

4) GUARD YOUR TREASURE FROM LOSS

Gold in a man’s purse must be guarded or else it will be lost. Before taking any risks in unsafe investment, first you must secure the small amounts you earn. Also, prevent your purse from being empty once it has become well filled.

5) INVEST IN DWELLING

No man’s family can fully enjoy life, unless they have a plot of ground wherein children can play freely. Also owning a home will reduce all the costs of living and will make your income more available to you. Thus proper investment should be made in your own dwelling.

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6) INSURE A FUTURE INCOME

According to warren buffet you should never depend on a single source of income and look out to create another source of income. So, you should make preparation for suitable income in days to come. Investing for the long term insures you a future income. Thus, provide in advance for the needs of your growing age and protecting your family.

7) INCREASE YOUR ABILITY TO EARN

Cultivate your own powers; become more skillful and wiser. To achieve your purposeful desire, you need to increase your ability and create a proper output. Being a student of your chosen career and polishing your ability guarantees you much more than a handful of earnings. As it is said that “MEN OF ACTION ARE FAVORED BY THE GODDESS OF GOOD LUCK.

Thus all the above mentioned ways make your diamonds attract more diamonds and make you a wealthy person, thereby maintaining financial planning and achieving success.

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Categories: Achieving Success

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