How can anybody become wealthy young people from a middle-class background in India?
How can anybody become wealthy young people from a middle-class background in India?
Let me first point you that these measures make you financially secure. But you will certainly get financial independence. Which is still a middle class person's desire. You don't have to rely on a single revenue source to become financially secure. You must establish a numerous revenue stream. That's why you have to be enthusiastic and patient.
So let's start
( FOLLOW STEP BY STEP)
Have a job
First, you have a job that can pay your bill and other costs.
2. Investment in stock and property
After some money has been saved Invest this money in inventories
And sips. And sips. If you know nothing about mutual investment funds and gold, these are excellent choices for you. Invest so that you may receive your investment dividends (some money) as soon as feasible. And attempt to invest this money in other companies and drinks when you start dividends. You may get plenty of money in the form of dividends. And now BOOM has successfully established the second revenue stream.
And try "saving before spending." And you may save as much as you can. Try to invest in non-responsible assets.
So you can make your money work for yourself. Try to live within your means if feasible so that you may have money in your hands.
3. E-business (Small business)
You now have plenty of money to invest. Create an e-commerce account today and if you know nothing about it. Start studying as quickly as possible or start up a small company. And try to make the most of it. You can simply discover ideas on and around the internet platform. Just begin to use this resource. And establish your third revenue stream.
4. Channel Youtube.
Now establish a Youtube channel or Business Instagram.
Make your internet presence prominent and attempt to produce excellent material from where you can approve your product. I realize it's going to take some time, but when you start earning. There's no reversal. And you're going to have your 4th revenue stream. And it takes barely 30–45 minutes to create yourself or any other platform.
5. Feelance
And last, acquire new talents that are in great demand on the market. So you may perform some self-employment from home whenever the time goes by. For instance, begin to understand about (website development,App development,game development, graphic design). It takes time, but when you gain any of these skills. You may monetise it via the freelancing platform (guru, fiver, upwork) for example. And you are going to create your 5th revenue source.
Yes, it seems simpler than done, but if you put as much as possible of your efforts. There is a renowned quotation about your skills:
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