Cordially Yours

If you want to be rich and if you seek advice from others, you will be told that you you should earn more, must spend less than what you earn and save money. But you may say that this is difficult because the question of increasing your income is ruled out. You will continue in the same vein and add that cutting on your expenses may also be a tall order, thanks to the relentless rise in the prices of all the commodities. It is in this context you are advised to use the following tips. They are certainly worth the effort. 1. Push yourself and try to exceed your normal capabilities You may like to lead a comfortable life and may not like put in a lot of hard work. But this mentality will not make you rich. Only if you are prepared to push yourself and exceed your normal capabilities and only if you are ready to face uncertainties, you can taste success. Experts advise that you must do at least five uncomfortable things daily. This will help you in building your physical and ...

When you hear that a few young people in their 20's or 30's have become millionaires , you may wonder how they could achieve this. Especially, when the economy is treacherous to people, amassing wealth like this can happen only in movies. There are experts who may agree with you because they also opine that things like sustaining in business or retaining jobs have themselves become difficult and so, amassing wealth, that too when you are young, is a tall order.  But there are more number of experts who affirm that becoming a millionaire in 30's is certainly possible, regardless of the shape of the economy. The most essential ingredients for achieving this aim are smart decisions with regard to finances, disciplined implementation of these decisions, frugal living and impeccable work ethic. The simple mantra for amassing wealth , according to Fred Schebesta, co-founder and director of finder.com.au, the personal finance website of Australia, is "You work hard, live f...