Personal Finance
What is wealth?
By FinancialVeracity  •  April 15, 2020
Something that benefited me which I think would benefit you is understanding what wealth is. Wealth is about material abundance, in specifically having lots of money. So what’s next? Wealth building.  The context of building wealth is simple; make, save and invest. The steps recommended: 1. Understand which of the three you’re best at The goal here is to find ways to maximize it. E.g: scalability – If you do investing well and your friend doesn’t, borrow and offer a return that is win-win on both end. 2. Find out how you can do better at the rest The goal here is to understand the fundamentals of actionable steps that you can follow through. E.g; plan your budget every month/quarter, inevitably your savings should increase (assuming your intention is to grow wealth) which means you can invest earlier and interest can be earned...
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By FinancialVeracity
24 and on a constant lookout to improve my financial literacy in order to achieve “Financial Independence”. The sole purpose of writing this blog is to give whatever little financial knowledge I have to everyone.
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