There are numerous ways to build a very strong self economy. Today we are going to discuss those points here. You must hear from media and other related people that economy is getting better. Country is growing as a whole and we are gaining a good name all across the globe. Somewhere each individual contributes to the economy of country. But have you ever thought of your own economy. Rather than focusing more on world’s economy you must have think of your own economy. Because country is mot going to help you in case of debt. There are some tips to develop a very strong economy for individuals. Today we are going to discuss those tips here.
It is a well known fact that things start occurring according to your thinking. If you think big and work on that then automatically same things happen with you. But if your thinking is limited to small ideas then the same things will happen. So it totally depends on you what you want. First of all before working on any projects you have to change your thinking.
Less breaks more success
The less breaks you take more success you will gain. Most of the people waste their weekends on partying with friends and family. However, this is also important somewhere but don’t waste the whole weekend in this. Enjoy for two to three hours and then back to work. If you build a strong economy in small age then you can take breaks and more breaks in your old age. You can go for part time jobs or extra work hours during the weekends. You will also get more salary during weekends as compare to rest of the days.
Save at least 60 percent of your earnings
It is a well researched fact that a person must save at least 60 percent of their salary. Then only they can have a strong economy and good old days. Otherwise, they have to work even in old age. After paying all your bills and managing all expense you must have at least 60 percent of salary to save. Don’t waste the leftover money, instead lock it out safely in bank account.
Reduce extra expenses
It is very important to control all the extra expenses to build a strong economy. For example Starbucks coffee is very common world. But why to waste this much money on coffee. Instead of buying coffee daily buy a coffee machine and make your own drink everyday. And you can save lots of money in a year with just not drinking the Starbucks coffee. Similarly there must be some other expenses which you can control and saves a lot of money.
These ar e the four points to build a good economy. If you are stingy type then you can have any amazing economy with very less time. But if you are liberal type then it may take time. Self control and hard work is all you need for a strong economy.