For The Individual who desires Wealth

Wealth management Learn the secrets.
when you have learnt remember wealth favour who knows how apply the social graces
Wealth management is of uttermost importance especially in these times. So many people desire to be wealthy but are not willing to follow the steps that lead to wealth. Here is the tried and proven age old method that will lead to acquiring and keeping wealth especially for the individual who has nothing and is starting from scratch. Remember young people you are called on because you have youth, health, and strength and time the greatest assets of all.
According to the book the Richest man in Babylon there are seven cures for an empty purse I will list them here as concise as I can.
Cure one: The first is to start by fattening your purse;How: For each ten dollars you put in your purse you must use only nine. To take care of all your expenses if you can save something from it you will get wealth faster.
The law of the Gods Is; to the man who keeps and spends not all that he earns to him Gold will come more easily, Likewise he whose purse is empty gold does avoid.
Cure Two: Control your expenditureHow: Budget your necessary expense from your nine tenths
Touch not the one tenth; keep working with the budget adjusting it to help you. Use it to assist you in fattening your purse. The purpose of a budget is to fatten your purseIf a packed horse was to budget his load would he include jewels and gold no, he would include grass grain and water the things that are necessary for his survival.

Cure three: Make your money multiplyHow: Put the money you save to work so it will reproduce its kind
The money you retain from your earning is just a start. The earnings it shall make will build your fortuneCure Four Guard your treasure from loss:How: Invest in projects where you can get back even your principal or a fair return
Secure the advice from those experienced in profitable handling money
Learn how to secure small amounts and learn to protect them before the Gods will entrust you with larger.Every owner of money is tempted by opportunities that seem to make larger sums, often friends and relatives enter into these investments and urge you to follow
(a) The fist principle of wealth management is security for your principal.
(b) Study carefully before parting with your money
(c) Do not be lead by your own romantic desires to make wealth quickly
(d) Before you lend any man be sure of his ability to pay.
(e) Before investing in any field acquaint yourself with the dangers that may come
(f) Be not be too confident of your own wisdom
(g) Consult the wisdom of those experienced in handling money.

Cure Five: make your dwelling a profitable investment.
How: Borrow to pay the builder then when you live in the house and feel joyful pay back the bank the money just as how you would pay the land lord because each payment will reduce the debt and after a few years the debt will be paid.Banks consider the desire of men who wish to own their own homeIt is wise to include in the nine a portion to pay for your own home
Cure six: Insure a future incomeProvide in advance for the needs of your growing age and the protection of your family.
How: (a) you may buy houses or land for this purpose, if wisely chosen as to their usefulness and value in the future. They are permanent in their value and earnings or their sale will provide well for your future.
(b)You may lend small amounts to the money lender (bank) and increase it at regular intervals the rental added to this sum will greatly increase its value
Insure your valuables. No one can afford not to insure a treasure no matter how much money or investments he owns. Take out insurance for protection from calamities and your family against death.
Cure seven: increase your ability to earn.How:Cultivate your own power to study and become wiser, to become more skillful to act so is to acquire confidence in yourself to achieve your carefully considered desiresMany things may come to a man’s life rich with experience such things are as follows.
(a) Paying your debt with promptness within your power.
(b) Do not purchase that which you are unable to pay
(c) Take care of your family that they think and speak well of you
(d) Make a will of records in case the God’s call you early
(e) Have Compassion on those who are injured and smitten by misfortune and aid them within reasonable limits
(f) Do deeds of thoughtfulness to those dear to you.

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