The best financial advice for young people

here goes the formula for young people

1. Multiple source of income

• Monthly salary and increment
• Additional online work in the extra time
• Weekend work
• Abroad trips
• renting house or commercial buildings
• Tuitions

2. Savings and controlled spending

• 30% to 40% of the income should be saved
• Most rich people live with 10% of the monthly income
• Keep an eye on the spendings and ensure you don't spend more than the income

3. Investment intelligently

• Right choice of stocks
• Right choice of Mutual funds
• Right choice of Real estate
• Right choice as a Venture capitalist

I challenge if the three points when well planned and well executed make any one Richer

Happy earnings