Money can't buy happiness, but money can but the modes that bring happiness. When it comes to earning and spending money wisely, we must be completely aware of our actions and spending, which brings us to these 4 laws of money you must follow to grow RICH;

1.

DON'T SPEND MORE THAN YOU MAKE

People often say; "An Empire isn't built in one day" But always remember; "Hiroshima was destroyed in just a day" This works completely in the terms of money. It takes hours and hours of work and effort to earn money but spending all your value doing shopping or investing not accordingly will be a total waste of your time and money. If you have a habit of spending more than you earn, then quit it, It will not help you long term.

2.

DON'T GO INTO DEBT TO IMPRESS OTHERS

Just in sake of showing off; People tend to buy things that are no use to them and a waste of money which then could start by no savings, to miniature loans, to bad debts. Don't waste your money on stuffs to impress others, you can impress them more by your confidence and attitude. Don't Let the DESIRE turn to DEBT.

3.

ACTIVELY INVEST AND TRACK YOUR NET WORTH

To be Rich, just saving money won't do the thing, you must take risk and opportunities and invest it wisely. Do some research, invest in stocks and companies and track your net worth. Tracking is satisfying as it shows your progress and teaches you from the immediate punishments. "We decide our today's actions, from the immediate results  of progress and punishment of our past actions." Do the same with money. Make it interesting.

4.

DON'T BUY DEPRECIATING ASSETS

Assets are the main valuable components of rich. Well, Assets like real estate and luxury cars could gain value by time but also could go depreciating. Buying a Rolls Royce can be an asset, as it's value is high all the time, But Buying a TOYOTA is a liability because it's value is degraded by time. So, We must be wise while buying assets and focus on immediate and delayed benefits of it.

RECAP;


1. DON'T SPEND MORE THAN YOU MAKE
2. DON'T GO INTO DEBT TO IMPRESS OTHERS
3. ACTIVELY INVEST AND TRACK YOUR NET WORTH
4. DON'T BUY DEPRECIATING ASSETS