Ok, so you want to be rich, right? Well, I am (richer than I was, anyway) …and I got here because I was careful with my money.

Money Saving

I made savings, I made investments, I avoided debt and as a result, I made more money than I thought I would – and I want you to as well, so that’s why I’m providing you with this simple guide to help you improve your financial situation and start making money. It won’t happen overnight, so you’ve got to be patient – but by paying attention to the points I’m making, you should be able to improve your financial future.

1. Review your finances as they are now
You won’t make any money if you don’t know how much you’ve already got (unless you win big on the lottery!), so sit down and take a look at how much money you earn each month, and how much money you spend each month.

When you can see an overview of your finances in front of you, you should be able to see where you can make cut backs on your spending to save yourself money.

We are all guilty of buying things we don’t need, and that is where the majority of us waste our money. So make the change, only buy things you need – it will save you a lot of money!

2. Invest in your home to save in the long run
By investing in your home now, you can save a lot of money in the long run. For example, invest in wall insulation, double-glazed windows, insulation for your boiler and thicker curtains.

Of course, there are other investments you can make around your home, but the ones mentioned above are the main ones. By making these investments you can save yourself a lot of money – for example, the investments above will help keep heat in your house during the winter months – which will save you money on your heating bills.

Remember, you can’t make money if you don’t save money – so you should be trying to make as many savings as you possibly can. Every dollar saved is a dollar towards making you rich!

3. Don’t buy what you don’t need – unless you can actually afford it
This is my final point here, but it may well be the most important point to make. If you really want to save money, don’t buy things you don’t need. It’s as simple as that. Save, invest and earn until you have enough money to buy whatever you want. There is no point getting into debt to buy things, this will only push you further away from being rich! (for more about debt click here)

I’ll give you a little example here. Imagine you have $30,000 in your account – and you go out and buy a great car costing $29,000. Yes, you now have a nice car – but you have also wasted a lot of your money, which means that you are no longer ‘rich’. Did you really need that car there and then? Could you have bought a cheaper car…or waited until you could really afford it?

The moral of this little story is only buy that expensive thing when you can afford it (in other words, don’t leave just $1,000 in your account!).

Ok, so these tips won’t actually make you rich, but they will certainly give you the strong financial foundations you need to start making money. We’ve all got to start somewhere, so let’s start today and have a richer future!

Any comments you have about my tips will be greatly appreciated. I’m always interested to find out how other people are trying to become rich, so please let me know what you guys are up to!


Rich Girl

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