I would like to address something that many friends, relatives have asked me, upon knowing what I like to think about.
How do you make more money than the Fixed Deposit rates we are getting at low risk???
Long time readers would think I will launch into an explanation that you need to
put money into and fund your Wealth Machines.
Rest assured this is much simpler.
What do you put your money into?
No no no.
Here is what you do:
- Make a list of where you allocate or spend your money on in a month, or in a year, put down how much you spend or usually spend on them (here is a good article to get you started to make this list)
- Reflect upon each item and ask yourself
- If you REALLY need them
- Are you overspending on them and you could make do with LESS
- Are ...
...
