In this video Justin Stenstrom from Elite Man Magazine teaches you how to be smarter with money and covers the 8 steps to keeping and building your wealth. He covers the step-by-step approach he’s been using for years for how to build your income.
His steps to have more money are:
- Keep track of income and expenses – make sure to do a deep-dive into your income and expenses once, and then every month thereafter
- Save your money – make sure you save a little bit of money every week and every month so that you can actually have more money down the road
- Pay credit cards on time – make sure you pay all your credit card bills off and on time and have your credit cards working for you
- Spend what you can afford – don’t live beyond your means, this is a simple but profound tip for saving more money and one of the best tips for building your wealth
- Only bring what you’re willing to spend – when you go out at night only bring what you are willing to spend and what you can afford to lose
- Stop buying dumb stuff – stop wasting money on things you don’t need or things that are going to be useless to you in a couple of years, be wise with your money and how you spend it
- Get a job that pays enough – have a job that actually pays enough money for you to be able to save now and have more money in the future
- Invest your money – be smart with your money and invest it in things you believe will be big and will give your more money down the road – do your due diligence though when it comes to your money
If you follow these 8 steps you’ll most definitely learn how to be smarter with money and how to build your wealth! Make sure you watch the video now to hear everything Justin has to say about saving and growing your money today!
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