If you have wished for the day when you would be wealthy enough to not worry about all your monthly bills being paid and having even more money to spend on items that you like, you are probably just like every other person you meet.
You want to know as many wealth secrets as you can to achieve your dream lifestyle.
This may be easier than you think.
We each want to be wealthy for our own reasons, some of us don't want to be saddled with our housing loans forever, others want to be able to afford an education and a home without worrying about having to work 22 hours a day and even others don't want to be tied to a long list of medical bills that have evolved into a heavy debt.
Here are a list of wealth secrets for you to put into place and don't be surprised that some of them are actually the most random acts of our daily routines.
One of the most important wealth secrets any financial adviser would tell you is that you must pay your taxes.
Taxes, whether you are a foreigner or a local in the country you are staying, might seem unfair and even morbidly expensive but when these taxes are paid on their due date and taken out of the way, the money you have is the actual amount of money that belongs to you.
If you are worried about feeling the year end pinch that taxes can sometimes bring with them, start putting away the amount on a monthly basis.
If the amount differs on a yearly basis, an accountant will be able to assist you with providing an estimated figure.
Do not evade or put off paying your taxes as it will definitely catch up with you and when it does, not only will you have to pay more in outstanding fees, you may also end up being fined and this means you will need more money to spend.
When you look at any other wealthy person, the one thing you would immediately be able to spot about them is that they are familiar or have business dealings in at least three different businesses.
And that's another wealth secret.
Don't put your all your eggs in one basket.
Be it going into business, buying a property or choosing investments, never spend all your money on one item because nothing is guaranteed, especially when it comes to cash.
If you are venturing into business, literally test the waters by spending smaller amounts of money, then watch the business grow.
As it does grow, so will its requirements and then you can look at more investment options.
Investments such as stocks and bonds are extremely risky especially in these very uncertain times.
Appoint the services of a reliable investment or financial advisor who can assist you and never invest all your savings at the same time, no matter how lucrative the offer may be.
For instance, invest 10% of your savings.
When you have received returns from the investment, then you can invest a bit more and keep going that way.
Saving money is probably the most common wealth secret you would have heard about and it is the most effective when done correctly.
Compartmentalise your savings and you must be consistent.
You would need to have a category for each kind of spending that you do.
For instance, household, food, entertainment, car and so on.
Once this money is put away, there are no more changing plans and no more altering of amounts.
If you have put away a certain amount of money every month towards education funds and your dream holiday, then that is the way it must stay.
This includes, if your income has increased and you would like to increase the monthly amounts, ask yourself if it is really essential to speed up the education fund or can you now use the extra money for an investment that is capable of bringing you back returns and in turn more savings.
Having wealth secrets that work for you doesn't mean you have to share it with the rest of the world.
Not all methods and techniques will work for everyone else and once you have found the tips that have give you a little more in your wallet, you can work on making them better.
One method of finding out which technique works the best for you, every time you hear of an income generator that you would like to try out, write it down step by step.
For instance, once you have attempted it, write down your concerns, write down the potential benefits that the step is capable of giving you and give yourself a time frame when you would like to review it.
For instance, if after six months your concerns have been addressed, you have received some returns, then you would know whether you would like to keep trying the method or move on to something different.
Whatever the method, technique or the returns given to you, remember that you are entitled to having your own wealth secrets.
The last wealth secret is not so much of a secret but one that is often under utilised.
It is easy to become very distracted with advertisements that guarantee easy money with little work or the motivational session that can dramatically change your bank balance if you follow the steps it tells you.
Unfortunately, you still need to carry out this last and probably the most important step in wealth secrets and that is to work hard, work smart.
Working hard is staying focused on what you are doing and to keep doing it enough of times to become very familiar with it.
When you work smart, you are able to assess the task you are about to do, even if its potential failures and consider the different proactive steps that you can take towards achieving more returns.