I know you want to live your best life, you want to eat good food, sleep in peace without worries, you want to afford all the best things in life — and you deserve it because, look at how hard you’re working.
All these things you want, (a house of your own, nice car, quality education for your kids, vacations, successful business) you can have someday and here are a few tips that will help you achieve your financial goals:
1) Set a Goal: What are these financial goals you want to achieve? How do they rank in importance?
You need a goal in order to stay motivated and focused even in difficult times. Without an Investment goal, it is easy to lose track of what you are investing for and quit.
2) A good plan/strategy: Do you need to Invest in your skills? Do you have an Investment budget? How much are your goals worth? Do you have Investments to support your goals? Are your Investments able to replace the value of your current income? Are you a low risk or high risk investor?
3) Diversify (Your Income and your Investments: What other means can you generate Income? Maximize it. Whether its a skill you can leverage, a business you can start, find a way to create more than 1 income sources.
Having more than 1 sources of income is not a walk in the park, it requires time and dedication to build each source of income to a point where it can become reliable and bring in consistent income so be prepared to put in the work.
You know, you can never have too many Investments and it is said that “do not put all your eggs in one basket” this applies to investing too; if you want to invest in high risk — high returns investments like Crypto currency, it is highly advised that you spread that Investment budget across other secure Investments like: Real estate, stocks and other safe alternatives…
The more diversified your portfolio, the better.
4) Consistency: After you have decided on your plan and strategy, you need to stay consistent
5) Focus: Keep your eye on the prize. Investment is a long game and you are bound to face distractions in your Journey — stay focused and celebrate all your milestones, even the little ones.
I already know you take your financial future seriously because you’ve put your Money into action in our real estate fund and have already started earning passive income. So I will leave you to enjoy your weekend with this quote:
“Money is always eager and ready to work for anyone who is ready to employ it.” — Idowu Koyenikan
