FINANCIAL LESSONS TO LEARN, EARN & CREATE WEALTH SOONER RATHER THAN
Earning Money: Earning money refers to the process of generating income through various means, such as employment, freelancing, business ventures, or investments
Methods:
Active Income: Direct earnings from work, like salaries, wages, or freelancing fees.
Passive Income: Earnings that require minimal effort to maintain, such as rental income, dividends, or royalties.
Creating Wealth: Wealth creation involves building long-term financial security by growing assets like stocks, real estate, bonds, mutual funds, or businesses that appreciate over time.
Connection: Earning money is the foundation for wealth creation. By managing earnings wisely, such as saving and investing. Wealth creation focuses on the strategic growth and preservation of those earnings to ensure long-term financial security.
G.M.Narendra
M.Com, MBA, PGDCS
Management Consultant
9849131273
narendragm03@gmail.com
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