What's your strategy that keeps you financial stability

[Stardom22]

This goes to the those that are well off and have abundantly wealth and money accumulated in their bank accounts. So what strategies are you using to keep you up and maintaining your financial position?

 

[eLdavis]

For me what I plan on doing is to keep investing, I will invest as much as I can so I can keep generating residual income for myself.

 

[Suba]

Even though there are many strategies that keep our financial stability, there is an easy and simple way for everyone to apply, keep your expenses smaller than your income every month, so that you will have a balance of income to save or invest.

 

[Augusta]

I try to make more money while I reduce my expenses. This is the way I balance things out and try to have financial stability

 

[Suba]

The best strategy that keeps you financial stability is to obey and adhere to the plan and budget that we have made. Apart from that, we also need to maintain a level of discipline and control over expenses

 

[King Belieal]

The strategy that I use to ensure that I don't go down financially is to ensure that I plan my finances ahead of time. I avoid debts by doing so and steadily seek to grow my finances with diversification of financial investments.

 

[Springtime]

I put a portion of my monthly earnings into a fixed deposit account. I also have an emergency fund. I buy dividend paying stocks and mutual funds. I never spend more than I earn. I always look for good deals such as buy one get one free.