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That meansevery 7 out of 100people have millions inwealthat their disposal.
How can you become one of them?
Thats one path, but its not one that everyone takes.
Some millionaires never take one business course at a university and still end up with a fortune.
Im a self-made millionaire who received no financial training, Stan Dzhishkaryani said.
Here are theways Dzhishkaryani and others made millions without formal financial training:
1.
Your path to wealth can be as simple as going to the library.
Rongala said that he expanded his business knowledge by reading financial texts.
When I first started, I lacked official financial knowledge, but I used several tools to learn.
Personal financial, investment and entrepreneurial books were gems.
you might focus on growing your business while absorbing the essential information to improve.
Kevin McLaughlin started his own contracting businessHeritage Exteriors LLC.
Online resources and industry publications became critical as my business grew.
Websites like Coursera provideexcellent free courseson company management and financial literacy.
Other websites that offer training programs like Coursera include Khan Academy, Udemy and Lynda.
Practical experience has been invaluable for me.
Obtain Certifications
Formal education isnt the only way to prove youre good at something.
McLaughlin said a certification can go a very long way.
Look into what certifications are available in your field and work toward receiving those.
Some might be available on learning platforms like Coursera, but others might involve in-person training.
Certification programs offer training in specialized skills that can be easily applied to what you want to do.
Embrace a Minimalist Lifestyle
Dzhishkaryani said hes saved a lot of money by reducing personal life costs.
By embracing a minimalist lifestyle, I could focus on aspects I need, eliminating useless expenditures.
This allowed me to maximize savings and improve my financial cushion.
Dzhishkaryani said this also helped keep his eye on the prize when it came to his business.
This, in turn, helps a lot with maintaining financial discipline, he said.
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