I want to prove to you that this is not true by showing you how to get rich no matter your finances. If you are in debt and earning minimum wage then you can become rich just as easily as someone without debt earning over $100,000 per year.
I do not deny that some people do get rich relatively quickly, they win the lottery or they happen to be in the right place at the right time, or perhaps they are extremely talented and motivated. However when you see somebody advertising "How to get rich quick", as something that they can help you to do, you ought to be very skeptical.
However, many other people we know work full time and so does their partner, they earn more than triple what we earn, they don't have any children and they have had 10-30 years longer to acquire wealth than us. I can honestly say that we are going to become financially free before most of them. So it is not how much you earn, but what you do with what you earn.
People who are in a hurry to get rich quick are particularly susceptible to predators who know that they can use this desire in others to lure them into schemes that have a faade of making money fast. However usually it is the predator that gets rich quick and the seeker who looses their money quick. The predator knows to choose the bait to suit the fish and his favourite bait is "How to get rich quick".
Invest In Your Financial Education I have spent a lot of time researching and reading books in order to invest into my financial education. Now I am able to get rich a lot quicker and easier than my friends because my financial education is so much greater than theirs. Where they believe investing is risky and saving money is safe I know that saving money is risky and I know ways to make a lot of money investing without taking huge risks.
Your financial education will allow you to earn more money, pay less tax and will also allow you to have your money work harder for you. People with a low financial IQ will work hard, live frugal and save money. Their money will earn maybe 4% per year, be taxed at 50% leaving them with a 2% return on investment. All the while the value of their money is going down 3-5% per year. So they are losing 1-3% per year because they don't know how to invest.
A person who wants to know how to get rich quick (and who hasn't at times?), needs to realise that such things generally do not happen in this world, at least not without a cost for someone. The way life seems to work is that those who serve others are rewarded by others and they can take this reward in one of just two ways. They can take it by reward (normally cash), or they can take it through the satisfaction that comes from knowing that they have helped another.
Don't Work For Money This will sound extremely contradictory to a lot of people because they believe that money makes you rich and in order to be rich you need to have a lot of money. Rich people, however, do not work for money. Rich people work for assets.
Character, reputation and income; getting the balance right
Thieves are generally not concerned much with how their money is obtained. Successful thieves know how to get rich quickly. The likely outcome for such a person is that since the ethics are less important, the riches may come, but at a cost eventually to ones reputation and worse still character. Ideally someone who is truly ambitious wants to make a lot of money honestly, while at the same time preserving and even developing their reputation.
At the end of the day, or each individual's life, these two roads could lead to very different destinations. Considering your character as well as your desire for wealth, should lead to your not only making money but in addition your finding fulfillment, purpose and true reward in life. So consider what you want to be as well as how much money you want to earn. The Bible's book of Proverbs was written by King Solomon (and inspired by God). He was the richest man on Earth in the 10th century BC (and reputedly the wisest man who ever lived), states in chapter 22:1 'A good name is more desirable than great riches; to be esteemed is better than silver or gold.
Assets that generate income make you rich. Money actually goes down in value over time because of inflation. Money goes down in value at about 3-5% per year. So if you are just saving money then really you are losing 3-5% per year.
In conclusion, the way how to get rich quick is to rob a bank (not recommended), win the lottery (though the odds are against you the moment you enter) or just get very lucky. People who are not prepared to rob a bank or gamble, will have to either wait to get lucky (could be a long wait) or accept that they are not going to get rich quick, rule that option out and make a more sensible plan. I hope this conclusion does not upset you, but life is often about climbing along 'a branch', discovering it's the wrong branch, coming back and trying another, until the right one is found. If I have saved you time climbing along the 'How to get rich quick' branch of life, before you have to come back, then I will judge your reading this to have been worthwhile. I hope you'll agree!
I do not deny that some people do get rich relatively quickly, they win the lottery or they happen to be in the right place at the right time, or perhaps they are extremely talented and motivated. However when you see somebody advertising "How to get rich quick", as something that they can help you to do, you ought to be very skeptical.
However, many other people we know work full time and so does their partner, they earn more than triple what we earn, they don't have any children and they have had 10-30 years longer to acquire wealth than us. I can honestly say that we are going to become financially free before most of them. So it is not how much you earn, but what you do with what you earn.
People who are in a hurry to get rich quick are particularly susceptible to predators who know that they can use this desire in others to lure them into schemes that have a faade of making money fast. However usually it is the predator that gets rich quick and the seeker who looses their money quick. The predator knows to choose the bait to suit the fish and his favourite bait is "How to get rich quick".
Invest In Your Financial Education I have spent a lot of time researching and reading books in order to invest into my financial education. Now I am able to get rich a lot quicker and easier than my friends because my financial education is so much greater than theirs. Where they believe investing is risky and saving money is safe I know that saving money is risky and I know ways to make a lot of money investing without taking huge risks.
Your financial education will allow you to earn more money, pay less tax and will also allow you to have your money work harder for you. People with a low financial IQ will work hard, live frugal and save money. Their money will earn maybe 4% per year, be taxed at 50% leaving them with a 2% return on investment. All the while the value of their money is going down 3-5% per year. So they are losing 1-3% per year because they don't know how to invest.
A person who wants to know how to get rich quick (and who hasn't at times?), needs to realise that such things generally do not happen in this world, at least not without a cost for someone. The way life seems to work is that those who serve others are rewarded by others and they can take this reward in one of just two ways. They can take it by reward (normally cash), or they can take it through the satisfaction that comes from knowing that they have helped another.
Don't Work For Money This will sound extremely contradictory to a lot of people because they believe that money makes you rich and in order to be rich you need to have a lot of money. Rich people, however, do not work for money. Rich people work for assets.
Character, reputation and income; getting the balance right
Thieves are generally not concerned much with how their money is obtained. Successful thieves know how to get rich quickly. The likely outcome for such a person is that since the ethics are less important, the riches may come, but at a cost eventually to ones reputation and worse still character. Ideally someone who is truly ambitious wants to make a lot of money honestly, while at the same time preserving and even developing their reputation.
At the end of the day, or each individual's life, these two roads could lead to very different destinations. Considering your character as well as your desire for wealth, should lead to your not only making money but in addition your finding fulfillment, purpose and true reward in life. So consider what you want to be as well as how much money you want to earn. The Bible's book of Proverbs was written by King Solomon (and inspired by God). He was the richest man on Earth in the 10th century BC (and reputedly the wisest man who ever lived), states in chapter 22:1 'A good name is more desirable than great riches; to be esteemed is better than silver or gold.
Assets that generate income make you rich. Money actually goes down in value over time because of inflation. Money goes down in value at about 3-5% per year. So if you are just saving money then really you are losing 3-5% per year.
In conclusion, the way how to get rich quick is to rob a bank (not recommended), win the lottery (though the odds are against you the moment you enter) or just get very lucky. People who are not prepared to rob a bank or gamble, will have to either wait to get lucky (could be a long wait) or accept that they are not going to get rich quick, rule that option out and make a more sensible plan. I hope this conclusion does not upset you, but life is often about climbing along 'a branch', discovering it's the wrong branch, coming back and trying another, until the right one is found. If I have saved you time climbing along the 'How to get rich quick' branch of life, before you have to come back, then I will judge your reading this to have been worthwhile. I hope you'll agree!
A Simple Way On How To Be Rich
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Let me show you how to be rich in a simple way that you can follow right now and be rich in a short time.
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