5 rules of money

short THREAD //

1. Pay yourself first- Unexpected expenses arise out of nowhere, use the 2/30/50 method. 50% for living cost, 30% for investing and 20% right into savings.

2. Saving will never make your rich- Money doesn't grow in banks, learn investing. Invest money anywhere possible where it will work for you eg: stocks, rental properties any assets etc.

3. Live below your means- Cut off materialistic pleasure as much as you can. Have a purpose, it will become your source of true happiness and guess what money of yours will not be waste without a real necessity.

4. You must have an emergency fund- I don't need to explain this, use common sense.

5. The more you learn, the more you earn- Read at least 20 pages a day based on books aligned with your crafts. Keep learning and adding more skills to yourself.