Building Wealth

in #hive-1679222 years ago

Building Wealth isn't a get-rich thing. It needs commitment, time, and consistency to get there.

Making Money
In creating wealth, there must be something you must be doing to acquire your money. Either working or passive income.
Passive income is assets that produce revenue over time with or without working.

Source

Saving
To acquire riches, you must know how to save. Have a strategy for yourself it might be a daily, weekly, or monthly, plan. When saving you should also store your emergency cash outside your savings that can't be utilized in case unforeseen occurrences arise.

Invest money
Imagine storing $100 in a box for 1 year. The money stays the same over time without growing. But investing in excellent investment provides you the possibility to generate more money. That's why we have the Hive power in hive. We staked it for future reasons.

Have side hustle
It's also essential to have a side hustle that will no matter how much you are paid in your business. It helps enhance your revenue.

Thank you for reading
Have a wonderful day