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.
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.
So, where do you start when you need to get rich quickly?
There are a few places you can begin to look and a few different methods to help you turn your finances around and my advice to you is to look around, review your options before deciding where to turn and which method, scheme or money making activity looks right for you.
Before you begin to turn the wheel on your personal get rich quick scheme there are a few things you should consider. Here is a list of steps to take when preparing to get rich slowly or quickly;
1. Understand your money blueprint;
With financial intelligence you can invest more intelligently and earn more money. Reading this article is a great first step to increase your financial intelligence. I also suggest reading any of Robert Kiyosaki's books. Eventually I will have some of my own books out, but until then you can read Robert's books or you can sign up for a free email newsletter that will teach you how to be rich. Invest in your learning, because it is your financial intelligence that will make you rich, not how much money you have.
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.
Can you repeat the same business model and reinvent it for today's market? Can you get access to this knowledge and ask specific questions of the people who have built a successful business through their entrepreneurial endeavors in the past? Is there a specific market that emerges in a recession and do you have the skills, contacts and funds to tap into that market?
3. Work out exactly what your own investment level will be in terms of time, funding and knowledge. If you find that you are lacking in any of these areas then review your options before moving forward;
Can you find an investor? Can you bring in additional knowledge from outside and offer shares to get your project off the ground? Can you afford to outsource specific tasks in order to move the project forward at a pace that you're happy with?
Taking the right steps to begin with will prepare you for the journey towards getting rich slowly and will allow you to weight up the pros and cons of setting up your own get rich quick scheme that works when you don't want to.
But if you work not for money but for assets that generate an income then when the value of money goes down your income goes up (the expense is passed on to your customers/tenants) so you never lose money. Not only will your passive income increase but the value of your asset with increase as the value of money goes down. So when you own assets you are always getting richer and richer.
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.
So, where do you start when you need to get rich quickly?
There are a few places you can begin to look and a few different methods to help you turn your finances around and my advice to you is to look around, review your options before deciding where to turn and which method, scheme or money making activity looks right for you.
Before you begin to turn the wheel on your personal get rich quick scheme there are a few things you should consider. Here is a list of steps to take when preparing to get rich slowly or quickly;
1. Understand your money blueprint;
With financial intelligence you can invest more intelligently and earn more money. Reading this article is a great first step to increase your financial intelligence. I also suggest reading any of Robert Kiyosaki's books. Eventually I will have some of my own books out, but until then you can read Robert's books or you can sign up for a free email newsletter that will teach you how to be rich. Invest in your learning, because it is your financial intelligence that will make you rich, not how much money you have.
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.
Can you repeat the same business model and reinvent it for today's market? Can you get access to this knowledge and ask specific questions of the people who have built a successful business through their entrepreneurial endeavors in the past? Is there a specific market that emerges in a recession and do you have the skills, contacts and funds to tap into that market?
3. Work out exactly what your own investment level will be in terms of time, funding and knowledge. If you find that you are lacking in any of these areas then review your options before moving forward;
Can you find an investor? Can you bring in additional knowledge from outside and offer shares to get your project off the ground? Can you afford to outsource specific tasks in order to move the project forward at a pace that you're happy with?
Taking the right steps to begin with will prepare you for the journey towards getting rich slowly and will allow you to weight up the pros and cons of setting up your own get rich quick scheme that works when you don't want to.
But if you work not for money but for assets that generate an income then when the value of money goes down your income goes up (the expense is passed on to your customers/tenants) so you never lose money. Not only will your passive income increase but the value of your asset with increase as the value of money goes down. So when you own assets you are always getting richer and richer.
A Simple Way On How To Be Rich
About the Author:
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.
