HOW TO INCREASE YOUR NET WORTH


INCREASE YOUR INCOME...first thing to do is to increase your income as a teenager or any other age if you really want too increase your net worth ..by increasing network with other people as i explained in my last post people is money so if you got a right network then it will determine your net worth... just keep in mind that there is no shortcuts to success ...you will have to work hard and smart to achieve your goals...in your network make sure mentor you have a mentor...someone who has done successfully what your doing right now so that he or she can guide yo not to do mistakes that they will delay you from achieving your goals.....you need to learn how to spot a scum, that is one of the biggest skill an entrepreneure should possess when itcomes to pick his investments

ELIMINATE BAD DEPT... anothe thing to do is to make sure you are free from bad dept..make sure you dont get loan that wont help you in your business...you can remove bad dept quickly by paying more than minimum,try the dept snowball method, pick a side hustle,create and live with bare-bones budget, sell everything yo dont need,get a seasonal part-time job or ask for lower interest rates on your credit cards and negotiate other bills..also dont borrow your way out of dept...remember your diet that make more spend less also educate yourself

DECREASE EXPENSES...Another big thing that will increase your net worth is decreasing your expenses, stop parties every weekend instead educate yourself so that you can be one step ahead everyone...stop caring too much about people instead keep in your mind that you cant please everyone so do what you got to do so that u can get what yo need, keep track of your expenses, the only way of doing that is by creating and follow your budgets...stop playing the victim every time ....put your money to work which means you have to invest so that the money you save can ave something to help you with...learn to say no, that is one of the biggest skill every entrepreneur have to learn, most of the richest people say no to 70% of things they have been told, so that they can process what is good for them and what is not

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