#1 Earnings: To be truly wealthy, you cannot be solely dependent on one single source of income.
#2 Spending: There’s a simple mantra that goes: If you buy things that you do not need (liabilities), soon you will have to sell things that you do need, (assets).
#3 Savings: I swear by this mantra: Do not save what’s left after spending, but rather spend what you’ve left after saving.
#4 Risk: Only ever risk what you can afford to lose.
#5 Investment Strategy: “Don’t put all of your eggs in one basket.”
#6 Profit First: How many of us know business owners that work extremely hard, have decent sales, pay their staff and then there is nothing left for them?