How to Start Building Your Wealth

 First: Change the Way You Think About Money

Before you earn your first million, understand this — wealth starts with mindset.
Rich people don’t think “How much can I earn today?”
They think “How can I make money work for me?” 

Learn the difference between:

• Money you consume (food, clothes, entertainment).

• Money you invest (education, business, or assets that generate income).

 Second: Learn to Manage Your Money

The first step to wealth is simple:

“Manage what you have before asking for more.”

 Practical tip:
Divide any money you receive (salary, gift, allowance…) like this:

• 50% – Needs (food, housing, essentials)

• 20% – Savings for emergencies

• 20% – Investment or self-improvement (books, skills, courses)

• 10% – Fun and hobbies (to keep balance)

 Third: Invest in Yourself First

Before buying stocks or real estate, invest in your knowledge and skills.
You are the true asset that creates wealth.

 Examples:

• Learn in-demand digital skills (graphic design, coding, digital marketing).

• Read financial books like:

  • Rich Dad Poor Dad by Robert Kiyosaki

  • The 7 Habits of Highly Effective People by Stephen Covey

 Fourth: Create an Additional Source of Income

Even as a student, you can start small 

• As a graphic designer, sell your designs on platforms like Fiverr, Behance, or Etsy.

• Take on freelance projects for local businesses.

The goal is to start building your own cash flow, no matter how small.

 Fifth: Save Consistently

Wealth begins with smart saving, not big saving.
Even if you save just 10 riyals a day, that’s over 3,000 riyals a year.
The secret is consistency, not amount.

Tip: Open a separate savings account and never touch it unless for emergencies or investments.

 Sixth: Invest Your Money Wisely

Once you’ve built some savings (after 6–12 months), start investing part of it.

Beginner-friendly options:

• Investment funds offered by banks (low risk).

• Stocks, once you understand how the market works.

• Small projects or online stores.

Golden rule:

“Never invest in something you don’t understand.”

 Seventh: Avoid Debt and Overspending

Many people lose their future wealth because of unnecessary loans and credit cards.
Avoid debt unless it increases your income (like a business loan with a solid plan).

 Eighth: Set Clear Financial Goals

Sit down and write:

• How much do I want to have in 5 years?

• How much do I need monthly to live comfortably?

• What steps will get me there?

The clearer your goals, the easier your path to wealth.

Ninth: Build a Successful Network

Surround yourself with ambitious, financially aware people.
Avoid those who mock your goals or spend recklessly.

Your environment shapes your financial mindset.

 Tenth: Be Patient and Persistent

Wealth is not built overnight.
It’s a journey with ups and downs.
But those who stay consistent, win in the end.

“Wealth is built by habit, not luck.”