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How To Get Rich – 5 Powerful Tips
- 2. Why do people want to get rich? This has been the question that can be answered in as many
ways as there are number of people living on this planet Earth. The desire to get rich is tied up
with the human desires, wants and needs.
There are many people who go into programs that offer quick rich schemes which, time and
time again, proved to be the downfall of those who were too lazy to consult their common sense
or a quick research regarding the quickrich program being offered to them. “A fool and his
money are soon parted” is alltoooften an occurrence.
Let’s try to answer this question, “how to get rich?”, from a different perspective.
I have recently read a book by Roger Hamilton who defines wealth in an interesting way.
“Wealth is something you are left with when you have no money”
… interesting distinction but it is so very true. Imagine this scenario Robert Kiyosaki looses all
the money he has today, can he make his money back? The answer is yes, but how come?
Because he still owns his knowledge, skills, relationships, reputation etc. So here you will find 5
powerful tips on how to get rich.
How to get rich – 5 Powerful Tips
Tip #1. Develop your core gift.
I’m sure that every person has some activity or things he or she loves doing. All of us are good at
something. Well, if you want to answer the question of “how to get rich” for you, make yourself a
master of that activity you are good at and then monetize it. There has never been any limit to the
- 4. techniques. And we are not talking here of people who instantly became rich through lottery. If
you do a research concerning the fate of lotto jackpot winners or even the highly paid athletes,
you will be shocked to know that most of them will become broke within an average of 3 years
from winning the lotto, in the case of lotto winners, or from retirement in case of athletes. Why is
this so? The glaring fact is that they did not have financial knowledge on how to manage their
wealth properly and wisely. In a way, how to get rich can be an easy task, but to maintain the
wealth achieved may not be. So treat it as a priority.
Tip # 5 – Make every Dollar Count.
I know that this is a boring tip and I know that you are telling me that this just common sense. But
unfortunately the common sense is not that common and what’s worse is, when it is not
practised. Track your expenses. Develop financial discipline. Make a budget and stick with it. If
you study the lives of the very wealthy people, you will learn that they won’t spend a nickel on
trivial purchases but they will not spare a dollar on lucrative investments. Of course, when you
got your first billion, it won’t hurt to splurge luxuriously and enjoy your success. But until then, be
very wary how you spend your money.
The fact is that, there is no single way of becoming rich but it is a combination of ways and
means that will bring about the financial success one is aiming at. Nonetheless, the five ways for
how to get rich as explained above are sufficient guide for anyone who has an open mind, willing
and motivated to get rich. If you refuse to accept failures as the final determinant of your
achievements, then there is no other direction for you but towards definitive success and riches.
One more important point is that you will also need a vehicle. If you want to see what vehicle we
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