Here are 13 tips on how to get rich quick through amassing wealth like crazy.
How to get rich quick can be explained in 2 sentences:
• Your expenses must be less than your income
• Invest the balance wisely and you’ll get rich sooner
The three golden rules to get rich in the harshest but most proven way:
• Spend less
• Win more
• Invest wisely
Follow these simple rules until you get rich and ultimately rich like Mr. Buffet or Bill Gates. If these two richest people could do it, you can too.
That is what essential wisdom dictates. It’s true, it’s real, and you can make it truly yours: you.
What to do with the money once you have it in abundance? The three most satisfying uses of money are;
• Invest it: to earn more money
• Give it and share it: with family, those in need and charities
• Fun: to enjoy life to the fullest
In this way, you will experience good health both mentally and spiritually. It’s the right way to spend your money and more will be on your way.
Here are 13 tips on how to get rich quick through amassing wealth like crazy:
1. Develop daily wealth accumulation clothing.
Success comes from good, productive habits. Positive habits bleed success like nothing else on this planet. Thomas C. Corley, writer and researcher, said; “change your habits change your life”.
Bad personal habits cause; poverty, sadness, stress, poor health, bad relationships and bad life.
Bring good clothes; wealth, happiness, good health, love, productive relationships, good life and a factor of well-being.
What to do to develop good and rich habits:
a) Self-improvement: change and it will change your life
b) Mindset: believe that you are already rich before doing so.
c) Think positively about money and life.
d) Exercise to stay fit and healthy
e) Be friends with successful people
f) Write and pursue your goals with passion.
g) Get up before 5 am every day to read, exercise, meditate, shower, and have a protein-rich breakfast.
h) Create multiple sources of income to ensure financial stability.
i) Get a wealth creation mentor to guide you
j) Become a mentor to help others.
2. You need a wealth plan as taught by Franklin Benjamin centuries ago.
What Should Your Wealth Building Plan Include? The following should be in the plan;
• Realistic expectations
• Controllable results
• Don’t worry, never worry about anything again
• Spend only on essentials – Cut back on nonessentials
• Save until you feel the pain – save like crazy
• Invest savings wisely
3. Save 50% or more of monthly income
Save as much as you can. It is best to save 50% of your income to build wealth quickly. This is possible if you are young and have not yet married. There are people who saved 70% of their monthly earnings and after wisely investing the accumulated savings of 10 years they became enormously rich in 20 years.
4. Invest in purchase change: loose change
The insignificant amounts of your purchases can add up to large amounts in the long run. Respect coins and small denomination bills. These can add up if they are regularly saved and invested in an interest-bearing account.
5. Know what you want out of life: write your goals
To really find out what you want out of life, sit down and develop goals. Write down your goals and develop a plan for how you will achieve them. Only after you’ve set a target can you have something to aim or shoot.
6. Always negotiate to pay less
Trading is good and fun. Try to make a deal that favors you. When you have the opportunity to pay less, take advantage. Therefore, learning to negotiate can save you a lot in the long run.
7. Strive to earn more than last year
To get rich, you need to continually improve your income capabilities. Your income shouldn’t stagnate, it should grow every year.
8. Invest in continuing education to improve yourself
To change your habits from bad to rich, you must change. Change can be achieved through continuing education. Therefore, it is a good idea to pursue continuing education. That’s what self-improvement is all about.
9. Start a business
After saving money for a few years, you need to invest some of it in a small business. Small businesses tend to grow over time if they are managed properly. A business will eventually accelerate its wealth building efforts.
10. Stop working for other people, work for yourself
Once your business is self-sufficient, you must stop working for other people. Stop being a slave. Become a freelancer because it’s the right thing to do.
11. Stop buying things you don’t need
If you can do without it, don’t buy it. What’s the need to buy a 100-inch TV screen when a 40-inch screen will serve you well?
12. Find and solve a problem
The best and fastest way to get rich quick is to find a people problem and find a lasting solution. Bill Gates found a problem and CREATED Windows to solve it.
13. Money is a tool, let it work for you
To get rich quick you need to make money work. Money makes work easier. Money can expertly. It can take you to a place you’ve never been before if you leave it.
So learn how to make money work so you can do more.
Keep it simple with your investment strategy:
When your investments amount to less than 10 million, don’t make complicated investments. Simple is the name of the game. Look for clear investment models that are easy to understand and implement.
Two of the easiest investment vehicles are;
• Real estate
• Investment funds
After your investments exceed 10 million, you can reconsider your idea of remaining a simple investor.
How To Get Rich 13 Tips Are Designed To Inspire You To Take Action. You were born to succeed and you can succeed if you believe you can.
Good luck with your efforts to get and stay rich.