economy and politics

These are the 6 ways to become ‘rich’, according to a millionaire

Saving

Without a doubt, many people on the planet dream of being millionairesBut to achieve this, it is obviously necessary to comply with a series of steps or ways and this was emphasized Stacy Johnsona former employee of Wall Street.

The six keys you must keep in mind to join the select group of millionaires

As indicated Johnson in his opinion column for Money Talks News, There would only be a few suggestions to meet this objective. They are listed below:

– Marry money.

– Inherit.

– Take advantage of a unique talent.

– To have a lot of luck.

– Own or lead a successful business.

– Spend less than you earn and invest over long periods of time.

See more: The 5 phrases that someone with a ‘poor’ mentality says and a ‘rich’ person would never use

The importance of saving for your finances.

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Although these are the ways to achieve the goal, they will not solve your life forever.since one of the most important aspects of personal finances is the long-term savings and investmentthe specialist stressed.

See more: Yes, you can be smarter, you just need these 5 tips from Harvard

In this sense, he argues that this type of tactics have been implemented by the most recognized businessmen in the world, who have found andn the investment of your ideas the ideal answer to increase their fortunes.

The alarming savings data in Colombia

In information published by the website of the BBVAthey point out that in our country Savings have decreased in recent times. An issue that clearly affects investment and of course other key sectors of economic growth.

The financial institution thus highlighted some key factors that explain the current situation.

See more: Savings capacity in Colombia is at its lowest point since 1960

Gross savings fell to 14.5% of GDP registered in March 2024 and even decreased taking into account the amount registered in 2023 and even the figure provided before the pandemic.

Household incomes today do not offset inflationwhich generates a drop in purchasing power and of course a limitation in the possibility of keeping money.

The authorities would have to generate policies aimed at enabling people to save.

Finally, this entity indicates the importance of the productive reactivation for the growth of the Colombian economy.

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