Do you want to become rich?
Who on Earth doesn’t want to be rich? The only question is how and what are we going to do to become rich? I had some pointers in my mind but I still don’t know if it will work.
First, you need to work hard smart, save and live frugally. Cut all your credit cards, I know it’s difficult but if you learn to live within your means then it’s a piece of cake. When you are in the corporate world do your best and save 20% of your salary to build your own business in the future. It is also best to choose a working place that you can get information to make your future business strong and successful. Just like if you want to have your own restaurant, work in a hotel or even in fast food chain.
Second, if you have extra money, invest it in financial instruments like stock market, T-Bill and even in Real Estate. I heard that many already gained money by just investing it in the right place at the right time. I haven’t tried this yet since as of now, I don’t have extra money hehehe.
Third, if you are still young and single then be smart when choosing the person you want to be with the rest of your life. This may sound stupid for some, but I think this is the practical and easiest way to become rich… Marry someone rich! This advice won’t work for me, because I prefer someone who is just an average person but very resourceful, just like my husband. I believe we will get our goal in due time.
Fourth, just what I frequently do, join in different kind of contests or even bet in Lottery if you feel lucky. Who knows you might hit the jackpot.
But don’t forget, if you got something good remember to give back something to Charity. It always works for me.
photo via: blog.handbagsoutlet.biz
what ever happens in life we should always remember to live life to the fullest
Becom Rich says
Hi, interesting post but I’d like to challenge your arguments.
1. You don’t have to cut all your credit cards in order to become rich. You can make use of credit cards in your favor such as dalaying payments and as business capital. This is business tactics.
2. Yeah you may become rich with those financial instruments… But it’s slow… I’m not saying it’s bad at all but if you want to become rich faster… You got to do better than that like putting up your own business and building assets (buying real estates).
3. Yeah, I agree that you have to choose the right people. They are key to your financial success. BUT, you also need to accept things as they are and move on if there’s nothing you can do about it.
Hope I stimulated some good discussion here. 🙂
Lourdes Espanol says
I don’t think I can totally cut all my credit cards. But I do try to control myself from buying stuff I don’t really need.
Carmen Araneta says
Great financial advice! Thanks for sharing.