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There’s no foolproof fast pass to becoming wealthy. But instead of daydreaming about that six-figure income, below are some points you can put to good use. Start saving in digital gold with as low as Rs 10!  Download Wizely Put these ten steps into action, and you’ll be laying the groundwork in your 20s for an overflowing bank account in your 30s. 1. Have a Plan of Action You NEED a plan, a budget that you can stick with for the long term. Make a budget that helps you live below your means and spend mindfully – which is crucial to accruing wealth. Sticking with your budget also ensures that you are eliminating your “bad debt.” Additional funding should be set aside for your cash reserve to cover monthly expenses and an emergency fund to cover the rainy days.  Download Wizely 2. Maximize Your Earning Potential If you want to become wealthy, you need to focus on making decisions that will help you earn additional money. Finding ways to increase your earnings and bring in more income is f

Saving money for the future is a thought that comes to everyone’s mind regardless of their age. If you are a kid, you might want to save your pocket money for your friend’s birthday. If you are an adult, you might want to save money for your retirement. Earn up to Rs 25 lakhs in cash rewards with Wizely Wednesdays!  Download Wizely So let us look at some exciting secrets to  saving money  that will help you save a little more than usual. 1. A Part of Your Income Is Yours To Keep This might seem confusing. You would have always believed everything you earn is yours. But is that true? Do you not pay rent to your landlord or the vendors for food? The money you spend to pay the people that make your life easier ultimately does not add to your wealth much. If you learn to look at your income this way, you will realize that what you earned is only the money you saved. Any money-saving expert will recommend you shift at least 20% of your income to a savings/investment account as soon as your

In a world of ordinary people and average salaries, many of us aspire to join the 7-figure club because who doesn’t dream of becoming wealthy? However, there’s a difference between living a life of careless spending and living for long-term financial independence and wealth. Start saving in digital gold with as low as Rs 10!  Download Wizely The self-made rich aren’t necessarily more intelligent than anyone else. Still, they master some essential principles that help them get and stay ahead but most importantly, they treat building wealth as a skill, and it’s one that you can learn, too. So, if you’d like to join the list of super-wealthy, try these ten habits and see what financial freedom truly feels like. Have a Financial Growth Mindset Wealthy people are incredibly creative. They find different ways of making money. Successful people set themselves apart because they have a financial growth mindset, which changes how they see money and focus on profitable opportunities. This helps

When credit cards are used irresponsibly, they are a surefire way to end yourself in debt. However, if used wisely, the same card can help you meet your financial obligations and give you some much-needed breathing room as you manage your finances. Start saving in digital gold with as low as Rs 10!  Download Wizely Here are some wise strategies for avoiding credit card debt and managing the balance on your card: 1. Consider Using a Balance Transfer Service If you’re already in a severe debt cycle, a balance transfer or shifting your debts from one card to another is your best alternative. Using a balance transfer, you can move your balance from one card to another or from several cards to one single card. You will be temporarily debt-free as a result of this. The second bank offers a credit-free period of up to 90 days to help you quickly pay off your outstanding balance. The cardholder will charge regular interest once the credit period has expired. Also read:   What is Credit and How

Multiple sources of income are the perfect diversification when it comes to financial independence. The pandemic has made a lot of people wonder about their dependence on their paycheck income. Financial security comes from retirement planning and having an investment fund. Start saving in digital gold with as low as Rs 10 and earn up to Rs 25 lakhs on the Wizely app.  Download Wizely However, to nurture your nest egg and reach the point when you do not have to worry too much about your salary, you need to save more money, and that can be done much faster if you have passive income sources. So, let us look at 15 passive income ideas that can help you quit your job. Start a Blog  – A blog might now start giving you returns in the first few months, but if you read and learn the tricks of the trade, it can be a great way to work on what you care about and make a living. Rent Out  – Putting out a room for rent or buying an investment property to rent it out can be a secure way of generatin

Owning an iPhone is a luxury today. Who doesn’t want to gift themselves an iPhone and enjoy the classic phone of our generation? However, purchasing an iPhone can surely take a toll on your budget and may leave you financially disturbed for months. That is why we suggest all our followers to plan properly before trying their hands on an iPhone. Also, when you have finally decided to buy it, why settle for an old version? No, you don’t have to do that! With proper budgeting, you can buy the latest piece. If you are serious about buying an iPhone in 2022, continue reading this blog and find the best tips to save for your iPhone. Earn up to Rs 25 lakhs in cash rewards with Wizely Wednesdays  Download Wizely Top Tips To Save For Your iPhone If you want to get Apple’s latest and greatest but aren’t quite sure how to fund the purchase, we’ve got a few ideas for you. Let’s dive right into it: 1. Set a Savings Target:  When you’re saving toward an iPhone, it helps set a concrete goal. If you p