Tuesday, September 17, 2013

If You Are Serious About How To Be Rich.

By Catherine Myers


Most people start to search for ways to get rich when their finances and those of the people around them are in an unhealthy state and although the old saying "money makes money" is still the case, and always will be, getting rich in a recession is still possible, although finding a get rich quick scheme that actually works can sometimes feel like finding a needle in a haystack.

Me and my wife are the perfect example. We are both very young (early 20's) we both work part time and earn combined a lot less than most people earn by themselves. We have $20,000 in debt, a child on the way and we live in an area that is fairly expensive. Despite these setbacks we are steadily making our way to become rich and we will be financially free within the next 5 years.

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".

There are multitudes of con-artists out there (who seem to particularly frequent the business opportunities market). Perhaps these people justify their actions by arguing that those who buy from them deserve to be trapped because of their naivety or perhaps they themselves were trapped by some 'how to get rich quick' scheme and their response is to exact revenge by trapping someone else. There is after all a price one has to pay for folly or naivety, and someone seeking how to get rich quick, needs to learn that the way things work in this world generally speaking (and with very few exceptions) is that wealth is a reward for diligence. As Genesis 3:19 makes clear: "By the sweat of your brow you will eat your food".

Understanding the mechanics of 'how to get rich quick'

Are you a risk taker or do you like to play it safe? Do you worry if cash flow is not always healthy? Are you able to generate funds quickly and easily? How much money will make you feel rich?

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.

Once you invest in your financial education more then you will begin to discover that the reason rich people become rich is because they don't work for money they work for assets. Rich people buy assets, not liabilities.

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.

How to get rich quick

After all, why make more money than you can spend if you don't have the time to enjoy it. "Work" is a four letter word that we associate with poverty and if you really want to leave it behind then start by reviewing your current situation and moving forward one step at a time.




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