Principle 6: Save > Invest > Repeat

The mantra for staying rich is simple: Save > Invest > Repeat. I think I have given a golden advise for free here. If you look at the records, there have been hundreds of cases where people became overnight millionaires and lost all the money in next few years. You must have heard stories of…

Principle 5: Passive Income vs Active Income

Note: This article is a part of series called “Six Principles to Achieve Financial Freedom”. I’d strongly suggest starting from Principal 1 it to understand it better. Ignore if not applicable. The difference between the rich and the poor is growing at a much faster pace today than at any other time in history. With the…

Principle 4: Recognize: Income Problem vs Spending Problem vs Investing Problem

Note: This article is a part of series called “Six Principles to Achieve Financial Freedom”. I’d strongly suggest starting from Principal 1 it to understand it better. Ignore if not applicable. Broadly speaking, people have 3 types of financial problems in this world and you must recognize between income problem, spending problem and investing problem. INCOME…

Principle 3: Pay Yourself First and Do It Automatically

Note: This article is a part of series called “Six Principles to Achieve Financial Freedom”. I’d strongly suggest starting from Principal 1 it to understand it better. Ignore if not applicable. If you want to become financially successful, then you must stop paying other’s before you pay yourself first and create a mechanism to do it…

Principle 2: Welcome Minimalism and Goodbye Consumerism

Note: This article is a part of series called “Six Principles to Achieve Financial Freedom”. I’d strongly suggest starting from Principal 1 it to understand it better. Ignore if not applicable. The most important principle that will help you gain immediate control over your financial destiny is to welcome Minimalism and say goodbye to Consumerism. I…

Six Principles to Achieve Financial Freedom

Do you know, the longest word in the English/any language is 1,89,819 letters long. It’s the name for a protein nicknamed “Titin” and would take you more than an hour to say it out? The reason I’m sharing this is quite simple. 189,819 letters is way too long! That word could have easily been simplified…