Nowadays, many people are part of a herd mentality. One person follows another, two follow those two, and so on. If someone is doing a job, others aspire to do the same. If someone is into business, it influences others to venture into business too. Yet, not everyone achieves success despite struggling throughout their life, while some become wealthier than an average person without much effort. Today, everything depends on hard work—your future is shaped by the effort you put in.
Poverty exists for many, but those who set clear goals and worked hard are now part of the top 1%. On the other hand, those who set average goals rank second. Those who never took their future seriously remain stuck in the same herd mentality. To become wealthy, it is essential to be financially strong. Today, we share Suresh Mansharamani Sir’s 5 Ways to significantly reduce poverty.
What to Do to Eliminate Poverty
- Repay all your debts.
- Establish a primary source of income.
- Learn and perfect a skill you already have.
- Create a side income source apart from your main job.
- Save money and invest it in high-return mutual funds.
Suresh Mansharamani Sir suggests that if you follow this plan and let your investments grow over a few years, they will yield excellent returns in the future. Once you master this process, poverty won’t even come near you, and you will become wealthy faster.
For those who don’t know who Suresh Mansharamani is, he is a Business Management Consultant who is financially strong and also a YouTuber.
