Richer with the money saved?

Saving money

It should save as much as you can and live comfortably the rest available, simply take a percentage of that income so that they enter into your account.
At least 10% but ideally 20% every month for a term account which can then invest and earn interest.

There is a saying in economics that says that expenses rise to meet income, which means where we can spend, regardless of the amount we earn.

That is why living below the income and, preferably, always with the same value even if the income increases, it is a guaranteed way to save money and achieve excellent passive income.

Investments

All months should get the money you earned and divide that amount in investments that will do:

- Investing in equity funds
- Investing in real estate funds
- Investing in savings accounts

Normally the market index funds are best suited for investment.

You can divide the money into three equal parts in order to diversify in times of risk, but then it depends somewhat on your age. Learn where to invest to take more or less risk.

Reinvest profits

All profits from their investments that have to be re-used to buy financial products.
Mutual funds pay dividends and savings accounts pay interest. Instead of placing this income into a checking account, choose to add the amount to invest in the following month.

Do not tamper with the money

The markets go up and down at more or less extended, but in the long run all have made handsome profits. Of course the past is no guarantee of future returns, but the odds of getting a profit on its investment within a few decades is quite high.
Ignore these investments not to be scared at times of crisis and continue to invest the money monthly.

Time factor

The time factor is one of the most important in the economy and personal finances.
Virtually anyone can become rich if you have time for this, the problem is that the human being lives only a few decades.
However if it meets these steps will get rich at 1 or 2 decades. Of course, not a multimillionaire, for that other factors, but will be in the upper classes of society and can live on a vent.
What is your plan for getting rich is not complicated, although not the most exciting is certainly one of the easiest to secure a greater heritage than most of the world population. Most people who have enriched the process used …

The principle of financial recovery is on Savings …

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