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Showing posts from June, 2022

7 Steps to get out of Debt and become rich

This Article we will talk about how to get out of debt and become rich. This is everyone’s first desire to be rich. But road to riches requires patience. This article is ultimate guide for you to get out of your debts and then become rich.   This is basic strategy and it can work for everybody. Without further delay, let’s begin. 1.        Calculate your Worth First step to achieve any goal is to calculate how much you are on your path and what is your goal. So, first step is to calculate your own worth. Below is sample format how you can calculate your own worth. In above format first enter all of your assets in respective Rows, and add them up, similarly enter all of your liabilities in respective rows and add them up. Your net worth is total Asset minus total Liabilities.   If this number is Positive, it is good sign that you have positive net worth, and if this number is negative, well this strategy is applied on negative net worth also. Let us consider a test cas

Richest Man in Babylon

 The rischest man in Bablyon is one of my favourites to manage finances. Hi, This is salik and i am back with BooksBracket, today's book summary is "The Richest Man in Babylon" Richest Man in Babylon: A book written in 1920s tell modern investors about their finances’? a whole lot if it’s George clason delightful set of parables that explain the basic of money. This is a great gift for a graduate or anyone who seems baffled by the world of finance and a wonderful, refreshing read for even the most experienced investors.                                                                                                                                   - Los Angeles Times    This book dispenses financial advice through a collection of stories set 4,000 years ago in ancient  Babylon . The book remains in print almost a century after the parables were originally published, and is regarded as a classic of personal financial advice. These stories are told by fictional c