­čĹĹ­čĺ░­čöĹArkad’s 7 Tips and the Secret of Wealth:­čĹĹ­čĺ░­čöĹ

­čĹĹ­čĺ░­čöĹArkad’s 7 Tips and the Secret of Wealth:­čĹĹ­čĺ░­čöĹ

1- Fatten Your Wallet:
Spend only nine out of ten of l money you put in your wallet. Then your wallet will start to get fat, and its weight in your hands will satisfy your soul. Don’t disdain this advice because it’s so simple. Reality is that simple.
2- Control your expenses:
Perhaps among the most accepted expenses are those that can be reduced or eliminated. You can control your expenses by making a budget plan and using your money only for necessary expenses and removing unnecessary items.
3- Multiply your money:
The money we put aside from what we earn and save is just the beginning. What we earn from this money will create our wealth. We must utilize and invest the money we have saved in a way that will generate profit and multiply itself.
4- Protect your money against losses:
The first principle of a good investment is that the principal is safe. If there is a possibility of losing your principal, it would not be wise to invest. It would make sense to invest only in areas where your capital is safe.
5- Turn the place you live into an investment that will make you profit:
A person who owns his own home can benefit from many good things. Thus, by reducing living expenses, he can allocate more money for investment. Fifth remedy for a weak wallet: Have your own home.
6- Guarantee your income for your future:
You should make plans to create an investment and resources that will be safe for years. You should arrange these in such a way that they can be easily converted into cash when you need to use them. A house or land can be purchased for this purpose.
7- Increase your earning capacity:
The seventh and last resort against a weak wallet:
It means working by nurturing your own talents and becoming more knowledgeable, gaining more skills and respecting yourself. In this way, you can gain the necessary self-confidence to realize your wealth, which you will carefully shape.