Firstly, how to become financially successful requires clear understanding what success means to you. According to one American motivational speaker, “Success is the progressive realization of a worthy ideal”. Think about this and examine yourself properly, what do you want to be? What do you want in life?

1. How to Become Financially
Successful
July 16, 2012 by Wealth Desire
• “Successful people make money. It’s not that
people who make money become successful,
but that successful people attract money. They
bring success to what they do.” – Wayne Dyer

2. Firstly, how to become financially successful requires clear
understanding what success means to you.
• According to one American motivational speaker, “Success
is the progressive realization of a worthy ideal”. Think
about this and examine yourself properly, what do you
want to be? What do you want in life?
• A success is the engineer who is building and erecting
structures to make our place a better place to live because
that’s what he wants to do. A success is the billionaire who
starts his own companies because that was his
dream, that’s what he wanted to do. A success is the free
man that wants to become financially free throughout his
life and sets forth on the pursuit of that goal.

3. A financial success is anyone who is realizing a wealthy and
worthy predetermined ideal, because that’s what he or she
decided to achieve in his financial life .
• In this world, where there are lots of financially successful, wealthy
and joyful people; it is possible to attain our financial success.
Financial Goals
• After defining what financially successful means to you, next you
have to set your financial goals. What is your exact level of financial
success? What you have to do daily to meet your financial goal in
life? How you will earn more money? Financial goals will guide you
to make your dreams a reality because you are actually planning for
them and not simply hoping. To have financial goals is a
prerequisite to become financially successful. Remember that only
those people with goals succeeded in life; because, they know
where they’re going.

4. Financial Education
Before investing your money into any money making
vehicles, first invest to educate yourself.
• You have to know what the difference between asset
and liability is. How you can leverage your money to
work for you in your present situation. According to
Robert Kiyosaki there are 4 cash flow quadrants in our
society today; (a) E – Employee, (b) S – Self
Employed, (c) B – Business Owner and (d) I –
Investor. You decide now which quadrant you want to
be.
• To become financially successful, it requires financial
intelligence. You need to know how to read your
financial statement and your cash flow pattern. From
this knowledge and intelligence, you’ll become
confident for all your decisions or plan towards a
financially successful person.

5. Saving Money
Start saving money for your household expenses like groceries
, electric bill, and water bill and from your other daily expenses.
• Most of the people that are financially successful are
keen on cutting down their expenditures so that they
will have extra money for investing. You should have a
control of your expenditure and consider buying only
those things or stuffs that you need not only what you
want. You have to get in the habit of a disciplined
lifestyle to become financially successful or to achieve
your financial goals. Prepare a weekly & monthly or
yearly budget plan for all your major expenses; this will
help you to save extra money. Working with your
dreams and to become financially successful of course
requires a lot of sacrifices in your luxury lifestyle.

6. Start Investing
• Investing means spending money with the expectation of
achieving a profit or material result by putting it into financial
schemes, shares, or property, or by using it to develop a
commercial venture. Focus on spending money to buy an
asset that will give a positive cash flow. Remember that, only
financially successful people know how to play the game for
money & time and mostly win these games. Those who start
investing while at a young age become financially successful
at their 40’s or early 50’s or even 30’s.
• Learn the power of compounding interest; this will entice you
to let your money work hard for you not you will work hard
for the money. Compounding interest refers to generating
earnings from previous earnings or something grows over
time. If you don’t have any investment at present, try to do it
now.

7. investing is time . The earlier you start investing the
earlier time you will become financially successful.
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successful/

8. Build your Profitable Business
Most financially successful people earn a lot of money from
their business.
• They have a full control of their income; they get the
money share first and the government will be only the
second. One of the best reasons why most of the
successful people started their endeavor into business is
because of money or financial benefits.
• If you are working with someone, you are working hard
to make your boss wealthier. However, if you are
working hard to build your business, any potential
benefits will come directly to you. Your success and your
entrepreneurial spirit may bring you to triumph that you
have never imagined before. Remember that there are
tons of benefits to start your own business. As your
business expands, you will become financially successful.

9. • Now that you know how to become financially
successful, it’s time to take action. You don’t have to
wait and be forever on the sidelines, watching other
people making a lot of money while you are just waiting
for a pot of gold to come to you. Remember that people
will never become financially successful unless they take
action.
RELATED TOPICS
• a) Why Rich Getting Richer b) How to Become a
Millionaire c) 15 Good Habits of Highly Successful People
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