5 Habits that you should hav ebefore 30s

some people said that it is difficult to break habit when we reach 30s. That is why we should use to do some habits that help us to reach wealth.  Here are five habst that you should do:

Create and stick budget
To be honest I am a lazy person that create a budget. Without a budget, you cannot take the control of your finance. You do not know where your money go. Sometimes  we do not realize that we have spent all money one week.

Life below your mean 
like the wise man say that we should live below mean. We can use generic product and drive a cheap car. We do not have to daer to do it.

Manage Credit wisely 
I prefer to avoid any debt including credit card.To me,it will eat our ncome.

Build For emergency fund 
Set a part of your income for emergency fund. SO you do not need to borrow money for repair car,or maintenance your house


Save for retirement 
You should realize that you need the money after retire. That is why you should save for the retirement now

source :heraldonline

Diversifying Income, Should I?

When we are not satisfied to our salary now, you can consider finding another job. You probably not dare quit job because you have no idea to make money. It is better to keep working at the same place rather than quitting. You can try making other income or you diversify income. You may get little money from your office but you can make money from other source. There are some reasons that you may need to diversify your income. Emergency The company may fire your whenever they want. You should prepare yourself by streaming more income Retire Early If you decide to retire early; you must have some source of income. You do not have to expect the income from office because you have so much money outside the office. You ca decide to retire early when you have so much money. Quit Jobs Fund When you quit from a job, you will not get money. You still need money because you need to eat. The income from other source will help you to eat. Perhaps you can go vacation from other income. Tired To working You do not like your job because the boss is so mad. You can use other income to quit job. soucre :david ning

Millionaire Habits

I believe that everyone want to become a millionaire. They have worked to collect penny by penny but most people cannot get much money. Perhaps there is a mistake. Become a millionaire must be a very difficult task. It is nit easy like back your hand. You need hard work for dozen years. I read some suggestions from budgets are sexy. Perhaps those habits will ha Setting Goal Of course you want to be a millionaire who has million dollars. You have to set the specific goal for that. Tracking net worth It is important to know what your net worth is. To increase the asset we should use the asset and it can be done when we know what assets. Save 60% of income It must be difficult to save 60% of your income. You start to save your income now even for 10%. When you get more money you can save more money too. Avoid Expense Things You do not have to go the club or you buy the brand things. Always paying myself We have to save our money first. Before, we spend the salary, we must save first. Avoid consumer debt Some people use credit card to buy video game whereas it is not important. Later, they must pay the debt and also the interest. Emergency Fund You have to set the emergency fund that the amount is 3-6 times of your monthly expenses. It helps you to avoid from debt. You do not have borrow money from others when you need it. Saving for large expenses When you want to buy the motorcycle, you have to save first. It is better than you lease the motorcycle. Investing when others panic or no matter what happen When the people panic, the stock price decline and you can buys some cheap stock that will give you high return someday. The inflation and deflation may occur but the economic will rise again. I have to criticize the article because he it does not explain to increase the asset. Some people may have few money but they can grow rich because they can “use” the money. Five Advice to yo become a millionaire Rich Man Habit