How to be Wealthy

Personal finance plays such a critical part in our lives, but somehow school and even our parents never teach us about it.

Studying personal finance can be overwhelming at times with all the information and so call ‘experts’ out there giving out contradicting advice.

However, accumulating wealth and becoming financially independent does not have to be difficult. In fact, creating wealth is a simple four steps process, including :

  • Making it
  • Keeping it
  • Spending it (wisely) and
  • Growing it.

In the following sections we will simplify it for you and walk you through these four basic steps.



Making It

The money that you are going to save, spend, or invest has to come from somewhere. Learning how to make money is the first step in achieving financial independent. 

If you are still in school or are in the process of searching for your first job, have a look at these articles:

  • How much does (job title) make?
  • Is your degree worth the investment?
  • Weird jobs/career that you’ve never thought of.

If you are already working and would like to find out more about improving your salary, getting a promotion, or starting a ‘side hustle’, have a look at these articles:

  • How do you ask for a rise/promotion?
  • How to you multiply your income?
  • How to start a side hustle?

Keeping It

If you want to achieve financial independent, the second step would be to set aside a portion of your income each month and start saving it towards your goals.

Unfortunately, a lot of people that I know does not have a regular saving habit. And when Sh** hits the fence, they struggle to come up with $1,000 – $2,000, some of them even struggle to pay off their credit card bills…Then things started to go down hill really fast from there. 

If you haven’t started a regular saving habit already, have a read of the following articles:

  • Why do you need to save for a emergency fund?
  • What is the benefit of setting aside my money each month?
  • How much should I save each month?
  • What else do you need to save for?

Spending it (wisely)

  • what are the most common things that people overspend
  • how to get the most from your spending/purchases
  • spending it on what makes the most impact/ what matters to you most
  • minimalist and how to cut your spending in half

Growing It