Infographic: Learn This Simple Finance Formula to Getting Rich

It’s everyone’s goal to be financially stable if not wealthy. Get halfway there with this budget plan.

Do you dream of becoming rich?

Admit it, everyone of us has had daydreams of how it is to be wealthy: a nice house, fancy car, fine clothes, exotic vacations. However, most of us don’t realize that a modest type of wealth – or at least true financial stability – is attainable within our lifetimes.

There are those who get discouraged by meager or non-existing bank accounts, and entry-level careers. Some tend to take the shortcut to early gratification by blowing their paychecks on eating out, gadgets, and other forms of entertainment. Then there are those who is willing to do what it takes, but have no clue where to start.

What if I tell you that the key to starting your wealth creation is held by a simple formula: 50/30/20? That the life and lifestyle you want can be a goal instead of a dream? What’s more, the earlier you start, the faster you’ll get to your goal of becoming rich. Check this infographic to learn what 5/30/20 is all about:

There is no magic formula to becoming rich. Financial stability is a product of hard work and self-awareness; knowing your financial goals and curbing the weaknesses and distractions that prevent you from reaching them. Hopefully our 50/30/20 formula illustration will help you create your own financial gameplan for attaining wealth.

In Need of a Fast Loan Approval?

If you need capital to start or expand your business, fund your OFW deployment, or to cope with a financial need you were not able to budget, Loansolutions.ph is here to help. We are the Philippines’ #1 loans market. Our 3-step online loan application will connect you to our network of legitimate lenders and top banks. We also have a team of expert Loan Agents who will help you process your application, for a fast loan approval when qualified.

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Written by Kash Avena

Kash has been with Loansolutions.ph in marketing and business development roles since 2014. Now based overseas, she is happy purveyor of financial literacy for OFWs and their families.

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