Everyone thinks that you have to be of a certain age to get rich. But the truth is, with some savvy money habits and planning… you can actually do it at almost any age (and without a rich aunt passing away!).
So read this tips over and let us know what you think!
Invest in real estate
By using websites such as Roofstock, you can invest in turnkey rental properties if you have a bit of money to back your investments with. The returns can be fantastic! And if you want to be more hands-off with your investing, companies such as Fundrise can allow you to crowdfund real estate.
Look Out for the Small Things
$1 here, $5 there. These little amounts all add up and, over a period of time, can show you just how much you could have put aside into savings rather than spending on purchases you didn’t need. So instead of buying that Starbucks drink or McDonald’s breakfast, put the money away and watch it grow without lifting a finger!
Look for Deals
By changing your car insurance provider, phone plan, or even utility companies each year, you may find yourself saving money. And then by putting the difference in savings away, you can start building up your income. Loyalty doesn’t always pay when dealing with companies, so don’t be afraid to shop around yearly.
Look for the Best Savings Accounts
Savings accounts will work wonders for you if you get into the habit of depositing. Especially if you find one with a higher rate of interest. Some also give better interest if you don’t withdraw money, which will give you another motivator to NOT touch your savings.
Consider Self-Employed Opportunities
While most of us have our daily jobs, another way you can build up your current financial status is with self-employment roles. By all means, keep your current job going as this gives you a guaranteed income.
A great example of this is what I do; blogging! I actually ended up making $3,000 in my 3RD MONTH after having launched my blog.
Go for Education
If you want a high-paying job, chances are you’ll need an education to match. Get into the habit of reading more and looking for courses (even online!) that can help you pursue this goal. Even the act of daily reading can help you towards personal development which can make you stand out during interviews.
These habits will show you how you can get rich without applying for loans or relying on others, and may also help you find the career path you’ve always dreamed of. So try them out and let us know how it goes!Join my Saving Money & Making Money Facebook Group