Q:

How do you become a wealthy woman?

A:

Quick Answer

To become a wealthy woman, develop a strategy, find a source of income, save a given percentage and start an investment. To become wealthy, a woman must be determined and disciplined with regards to financial management, notes Market Watch.

Continue Reading

Full Answer

To become a wealthy woman, learn more about financial management and develop a positive mindset toward money, notes Sources of Insight. Follow the steps below to become a wealthy woman.

  1. Develop a strategy
  2. Develop a road map on how to become wealthy. The strategy should involve goals and dates. This strategy will act as a reference point for the progress being made. Find more information on strategies by talking to successful people or reading online resources.

  3. Find a source of income
  4. To accumulate wealth, find a source of income. Get a job or start a small business that can generate substantial monthly income.

  5. Learn to save
  6. Save a given percentage of income. Avoid spending more money than the monthly income and find ways to save more. Buy products in bulk, look out for bonuses and reward programs and avoid purchasing goods and services on credit.

  7. Start an investment
  8. Invest money in a viable business. Always look for new opportunities and avoid being restricted to one business opportunity.

Learn more about Financial Planning

Related Questions

PEOPLE SEARCH FOR

Explore