You have been using Microsoft Excel for a long time, but feel like you don't know what you are doing.
Here are 15 Excel Formulas That Will Make You Feel Like An Expert:
10 rules for financial success:
1. Budget
2. Buy assets
3. Marry right
4. Pay off debt
5. Invest in yourself
6. Avoid lifestyle creep
7. Cut unnecessary expenses
8. Invest 20% of your income
9. Be with business-minded people
10. Create multiple streams of income
What else?
1. Don't rush into marriage
Take your time before you make that lifetime commitment.
The choice of your spouse is one of the biggest decisions of your life.
Make sure that it is well-thought out and not just based on emotions.
10 wealth creation rules:
1. Budget
2. Buy assets
3. Pay off debt
4. Increase income
5. Develop unique skills
6. Live below your means
7. Invest your earned income
8. Create an emergency fund
9. Be around successful people
10. Insure yourself & your family
What else to add?
• Avoid lifestyle creep
With social media, people want to be seen as affluent.
The reality is that many are in huge debt and cannot repay it.
Focus on important things, live below your means, and invest your money.
Financial freedom is more important than possessions.
• Network with people
Your ability to succeed and find opportunities can depend on the people that you know.
Spend time with ambitious people who have a desire to grow.
You'll gain a lot of knowledge and always strive to improve yourself.
Microsoft Excel can make you $10,000 a month.
If you have:
1. A laptop
2. Free time
3. Microsoft Excel skills
Here's how to start a side hustle that'll make you rich:
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4. Burn no bridges
Master the art of maintaining cordial relationships. Learn how to be tactful without inciting conflict when you don't want to be around people.
Because life is too short, you can never be sure when you will need someone's help.
3. Chase your dreams
Follow your dreams, but make sure your strategy is grounded in reality.
Don't pursue a degree for the sake of passion if it won't pay well.
You are at an age where you can afford to make mistakes.
Failures teach you more about life than successes.
2. Don't keep up with the Joneses
Society will lead you to have a lavish lifestyle.
You will get into debt just to keep up and end up with a lot of debt.
You need to do your best to avoid consumer debt at all cost.
10 financial mistakes to avoid:
1. Not investing
2. Dining out daily
3. Marrying wrong
4. Being uninsured
5. Credit card debt
6. Buying a new car
7. Not setting goals
8. Quit a job without a plan
9. Keeping up with the Joneses
10. Buying an unaffordable house
What else ?
6. Pick friends wisely
Don't be influenced by friends who are into the nightlife and girls.
Trust me, I have done it and it doesn't end well.
Be with those who seek to improve themselves.
Their influence will rub off on you, and you will want to better yourself as a result.
• Become marketable
The pay you receive is proportional to the talent you provide.
Acquiring new skills increases your earning potential.
More skills mean more money and more assets to invest.
Developing a competitive advantage in life is necessary.
• You can't save your way to wealth
Saving money is a good idea since it provides a safety net and gives you access to cash if needed.
But money loses its value with inflation.
The best use of money is by buying appreciating assets that make more money for you.
9 Must-Read Finance Books :
•Rich Dad Poor Dad
•Think And Grow Rich
•Your Money or Your Life
•The Millionaire Next Door
•The Psychology of Money
•The Automatic Millionaire
•The Simple Path to Wealth
•I Will Teach You to Be Rich
•The Richest Man in Babylon
What else?
Google Chrome is used by over 3 billion people worldwide, but only a few are aware of its best extensions.
Here are the best extensions that will make your life easier.
7. Prioritize health
The best investment you can make in yourself now is prioritizing your health.
Don't eat unhealthy foods and put off working out.
Make an appointment with a doctor once a year to detect and prevent diseases.
Your health is your wealth.
• Avoid lifestyle creep
Society wants people to think that buying the latest item and living a lavish lifestyle is the only way to live.
Many people are in debt and unable to repay it.
Material possessions don't build wealth. Frugality does.
Focus on saving and investing.
12 books to read in a lifetime:
•Ikigai
•Outliers
•Sapiens
•Mindset
•Shoe Dog
•Atomic Habits
•Rich Dad Poor Dad
•Think and Grow Rich
•The Compound Effect
•Never Split the Difference
•The Psychology of Money
•Man's Search for Meaning
What else to add?
5. Making the wrong choices
Having kids at a young age can impede people's ability to finish school and be financially stable.
Learn to self control so you won't be expected to take care of someone else while you can't even take care of yourself.
82% of jobs require Excel skills and possessing them can put you ahead of your competition.
Here are these basic Excel formulas you must know to increase your earning potential:
• Pay yourself first
Save or invest money before splurging on wants.
Investing is a way to pay for your freedom with money earned today.
To make investing simple and easy, set up automatic investments.
Start out modestly and build up as you see fit.
Finance must read books:
•Rich Dad, Poor Dad
•Think and Grow Rich
•The Millionaire Next Door
•The Psychology of Money
•I Will Teach You To Be Rich
•The Simple Path to Wealth
•The Almanack of Naval Ravikant
•The Little Book of Common Sense Investing
What else to add ?
• Don't rush into marriage
Take your time before making that life-changing decision.
The person you marry is one of the most important decisions you will ever make.
Make certain that it is well-thought-out and not based solely on emotions.
8. Open a Roth IRA
The Roth IRA is one of the best accounts that you can have.
The account can help you build a big nest egg as the investments can grow tax-free for decades.
Its advantage:
- Tax-free growth
- Tax-free withdrawal
- Can be used as an emergency if necessary
• Improve your skill sets
Your degree will get you in the door, but it's your skills that will get you a seat at the table.
Learning new skills will help you stand out from the crowd and earn more money.
Every successful person possesses unique abilities.
How to level up in your 20 and 30s:
- Read books
- Learn new skills
- Invest in yourself
- Buy assets, not debt
- Create your business
- Follow your own path
- Talk less and listen more
- Upgrade your circle of friends
- Make financial independence a goal