2024 New Years Resolution Which Makes You Rich
Every one is excited about New Year's Resolution and may be you have planned something for entire new year but how many follow it properly to complete it.
Do you know Following a resolution till the end sincerely despite whatever it's result is more important , than to set it.
The meaning is plan your new year resolution and try to follow it till the end thats the key to get results from your resolution at the end.
Everyone in the world belive it or not or consider it or not but finance means money is connected to every person and their life. every one should be enough educated and independent about finance otherwise It can badly affect your life if you are not aware about it as early in life, to make your life financially stable and secure.
What Should Be Your New Year's Resolution
Your resolution should be being financial independent and stable to create wealth gradually for long term . for this you can start to learn good things, start to earn some money and start to save it for good things. If you are earning then try to save as much as possible and use your earned money wisely and properly at right place and most important thing is to start investment in stock market with your money immediately. There are many good investing instrument and proper ways are available from which you can prefer right ones for you for the whole year . this will be your small investment of today which pays you the best returns in the future if you set now and take small steps regularly.
Consistency is the key to SuccessNew Years Resolutions Are :
1.Learn Finance
2.Earn Money
3.Spend on Quality things
4. Invest for long term
5. Limit expenditure
6. Think Goal as Resolution
Why This Should Be Your New Years Resolution :
Finance(money) is required for everything from small to major things happens in every day life like from your born process to the monthly expenditure. from helath to education to finance a small buisness and such like many things.... from this view and to being able to take responsibilities (earning + saving + investment ) this must be your new years resolution. This is the Best new year resolution in all and helps you always be with time at every step and phase of your life.
Benefits of New years resolution of finance :
- It will help you to create strong financial base for life time
- It will solve your financial problems, basic needs and complete your drams.
- This resolutions not only makes you but also your family ones and their basic requirements and dreams.
- This will inspire you in the future as well as those people who are connected to you to make their life financially stable by learning from you when you make it possible. this is advance stage so take it as a inspiration for now.
Important Point For New Year Resolution :
- Know it's importance and impact on your future life.
- Search and try different methods for your small goals to complete.
- Develop your own simple technique
- Thinking for long term
- Following proper ways honestly even you don't get the results.
- Learn Power of Compounding.
All above points will help you to follow your resolution and reach the results within year .
Know The Importance
first try to know the importance of money and add it to your resolution list and if you have the importance then set how to grow it in coming year as a resolution.
you as a person should be aware of money and its importance in your life because it's much needed thing in every days life. so its much better to aware about it and start to prepare for it as early as possible in your life .
If you are unknown for the importance of money then you will spend it without thinking on many things that may be useless or less important to you but if you knows the importance then you think twice before spending it and this thinking process makes you find good things which brings new idea to you and it makes your saving more and more worth enough.
When you think you can find right and wrong things to spend on and you will spend on good and quality things, then this process also push you to next step and you will find good opportunities by studying it more and more carefully and it pays you more in returns definately in the year when you actually know the importance of money.
Learn Basic of Finance
This is best all time best resolution for every person because
it can create your wealth.
makes you financially independent.
Start learning about basics of finance which helps you to know it's importance and what are these things and how it all works...? like from Banking, Economy, Tax, Inflation and investment and how it can affect your life, financial budget.
it makes you able to think how you can take advantage of different financial schemes, policies and their products to earn good return over enough time with your small investments from your savings.
It makes you able to spend or buy product and services at right time and tells you why to buy .....when to buy and where to buy so indirectly it connects multiple things at once and saves your money as well as you will get many benefits.
If you are unknown and still dont want to learn then you will follow basic traditional ways of investing and mostly save your money and keep yourself limited and that will complete only few of your goals but if you able to know the basics and different angles of finance then it will help you to think and invest your money properly at different right places and at right time.
this is the simple thing just you have to start it and be consistent with it.
This is not difficult , try to learn as per your time and ways but consistency is more important and keep this in mind for above results this must be your primary new year resolution among in all.
- Read books and do self study
- Learn from peoples having strong knowledge in your circle.
- You tube videos
- Join a small cource or a class or workshop
Start To Earn Money
Just knowing the importance of money and limiting yourself for saving and expenditure is not enough for going ahead to grow it you need enough capital to start.
then try to earn some if possible money by doing work but yourself (part time or full time as per your knowledge, skills and capacity ).
some investments needs to start early in life then you will get its benefits in less time when time comes
This experiment will teach you those things which you can't learn by just knowing, learning and understanding the importance of money and finance.
This proces will tell you:
• how much work you need to do
• How much hard work it is.
• How many things you have to know.
• How should you have to done the work practically.
This experience will change your thoughts and you will have good positive impact on you that how and where you are going to spend that money and why....? This makes you think about the important things about education, health and future life as early before others, so you can start to prepare it from now and this is much effective and worth enough rather than going through normal ways to build your life.
Spend On Good Books
This is the default best new year resolution because there is thought says An investment in knowledge pays the best returns This is the simple best way to complete any pursued dream which peoples don't do but you are ready to set your new year resolution then buy good books of finance , health, and skill development and read them carefully again and again until you gain enough knowledge of that topic and take notes from it because it will make your work more meaningful and powerful than ever and you can keep going because this new knowledge push you to think and go ahead.
Why Books :
Its much better than to follow anyone or belive on anyones informtion and knowledge to start reading books because books are for giving information and knowledge and in books all the things are well organised from begining to last. systematically you can read it and try to understand. so you can belive on it and follow it directly and it is not riskier like others and online available meterial.
It will tell you, what you have know and how much.
What should you do and how.
How should you do it with examples.
this is more reliable than believing on anyone directly.
Save Money for good quality things
This is a good habit and makes you able balance multiple things but depends on how you think about it and follow.
Saving money is skill and every one can save but most of people don't think about (this not about online discount ) it. you can think about it as a very good new year resolution.
But this is first , if you are not earning money( piggy bank/pocket money) and second is , if you are earning money. Because until you don't get the importance of saving you can't invest it properly at right place and you will never be able to get good results from it in the future.
Try to save money whenever it possible from your pocket money or from salary or from buying any goods by your cleverness and market research because you are here saving money for quality things and stock market
Investment is of it and investing in quality things is much beneficial when you start it as soon as possible.
" You know that in actual spending is more on worthless things than investing in good quality things .
This is simple and best method of saving money because until you limit yourself and do not set strict restriction on useless spends you can't realise how much money you have wasted before this.
You are spending money because you are earning monthly through your salary or you can afford it. But what if you are not earning regularly or your income is dependent on work.
You need to think carefully on it :
- Is it important enough.
- Is it long lasting or temporary
- Is it useful and worth
- Is it for your work or education or for home
Because you are going to spend money. if your income is limited or ends at the end of month then what you should think about alternate income source otherwise it will create lots of problem in the future for you and the basic reason for this is your limitless expenditure.
Find out all those things and set strick restriction on them and then only your money will save and you will use things carefully and think carefully . this small study shows you those little things which made your loss in past life.
so if you think and act carefully then your small habits can be your new year resolution. You can try this.
Start To Invest In Stock Market
You should start to
invest your money regularly at right place to get good returns in the future with stock market investment.
There are many good investment instruments and products available you can invest in them and can think to build your wealth if you spend some time on it regularly.
there are many other things you should have to invest your money like health and education and for balancing your personal life and should start as soon as possible as this is your new year resolution . This is much better than just saving money in your account and enjoying the limited interests.
You can invest your money to learn something in which your are interested or passionate about and it will pay you back later and that earned money you can again invest in good opportunities and it will pay you back again and this cycle of investing will repeat and surely pay you much more than your normal earnings.
Money will make money for you but good work will make you able to earn more money and that money will again pays you high returns through good investments.
Balance Financial State
Many people have been seen they have one side only either their personal life or either their professionals life but this is not good this is ok if you are single but what if you have family so you need to think about it early and work on it because it push you to find different solution which will help you to balance your financials state by all sides not just from regular earning side. So then you will have money for your personal life, family and professional life, in future for retirement and for any thing else.....but this only happens when you decide it and act slowly on it with consistency. so because of all the problems and by considering your incoming situation this should be in your important new year resolution list.
Think About Goal And Sart Now
If you thinking about to pursue your dream in specific work than normal , job and or in other field or in buisness so it is the best way to divide it in your new year's resolution's because every field is not the same one and it is not guaranteed that you will successful immediately and can able to start earning money from that work and can be able to easily survive because evey work is different as per time period .
if you are new one and have no financial backup or support then you need to balance your pursued work and regular life expenditure.
it is good to think about it as your new year resolution and start from now and slowly add some amounts to your savings which will be for your work related things like tools, facilities, books, to learn new cource or skills or training so then instead of suddenly you need to stop at a point because of no money or lack of money, you can prepare it gradually with
Mutual fund investment by investing some portion of your saved amount or income at right place for long term so when you will ready to execute it will act as a back for you.
You need money every time so if you are wise and smart person then you should think about earning money then save it and then start investing in good opportunities for future.
Because there is no such good thing in the world to become financially independent and taking responsibilities.
So your new year resolution should be being financial independent and strong by investing in good things with proper ways despite what is your state today doesn't matter. Matters what you decide and how you follow it from today to the end of the year.
Don't think for today
Don't think for month
Think for all 365 days
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