Hey, Professorsavings fans! What up? How’s everything going?
Have you ever heard of Jay-Z? Of course you all do! Jay-Z is an American rapper, songwriter and business man. who has a net worth of $560 million. Jay-Z has earned his net worth through his career in the music industry, beginning as co-founder (with Damon Dash and Kareem Biggs) of Roc-A-Fella records, where he began his recording career. In 1996, released his first album, Reasonable Doubt, with Priority Records.
Apart from his music, Jay-Z is also a very successful entrepreneur with investments in clothing and record companies, as well as, being the co-owner of the 40/40 Clubs, in New York City, Atlantic City, and Chicago. He is the co-director of Budweiser Select and part owner of NBA’s New Jersey Jets. Jay-Z has also been involved with helping to make people aware of the global water shortage. He has contributed $1 million to help with the victims of Hurricane Katrina, through the American Red Cross.
Here are the secrets to be filthy rich like him. Open your ears now!
1. Pay yourself First
Whatever you do, if you want to be rich make it habit of paying first to yourself. What does this means? One simple way to illustrate this is to keep one tenth of your income aside. Robert T. Kiyosaki author of famous book Rich Dad Poor Dad says that you must pay your bills and taxes last and pay first to yourself that’s what first step of financial wisdom.
2. Learn and then Earn
World pays you for what you do not for what you know. It is a fact that matters. We must master our self to know what we don’t know. There are thousands of ways to earn money but we know just handful ways of it. In fact this is what India study Channel wants to convey. I am neither talking about here university degree nor about classes and lectures. I want to say that we must make our self financially literate or in other words we must know the math of money.
3. Desire to get Rich
We must have burning desire to achieve anything in life. There is one common problem we don’t desire we just wish for example I want an iPhone that’s wish and see this How can I get iPhone? The later one is desire. I will be the richest man of the world said by the Bill Gates in his early days. Let us see our habit of living, get salary to every month then bills, credits, debts and spend remaining money on online shopping, cinema, gadgets and picnic.
One last tip that Jay-Z wont’t tell you is to CLICK HERE to subscribe to Professorssavings channel for more daily money saving videos and you can thank me later. Seriously!