6 TIPS TO MAKE YOUR FIRST MILLION!
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Pre-register for Viver de Renda: https://r.vocemaisrico.com/8e16c645d6 Today's video brings 6 tips that helped me reach my first million: 1 – Set a goal: First of all, a goal must be something objective. Therefore, establish both the specific amount you want and the deadline to reach it. Even if you don't know the exact path to take to reach this goal, you will force yourself to adopt the necessary behaviors to achieve it. 2 – Be intolerant of debts: If you have debts, prioritize paying them off, because the interest on debts is almost always higher than the interest on conservative investments. Those who have debts are in a fragile position, they need things to work out. 3 – Save much more than people think is reasonable: Give up current consumption thinking about having greater purchasing power in the future. Try to save at least 20%, maybe 30% of what you earn. 4 – Invest regularly, even in unusual environments: In the beginning, the investment is more important than the return on investment, so focus on acquiring the habit of investing regularly. And don’t get discouraged at the beginning, because the effect of compound interest becomes greater in the long term. 5 – Focus on generating extra income: In addition to enhancing your ability to make investments and the growth of your assets, an extra income can result in the emergence of a business, whose return can become greater than that of your main income. 6 – Don’t just look at the financial market: There are many good opportunities to invest outside the traditional financial market.
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