How to become rich? We live in a world where money plays a very important role. Unfortunately, many people are struggling with an empty wallet and a lack of money. We want more money. And although money is not everything, it is better to have it than not to have it. Getting rich is not bad, and being poor does not ennoble. How to get rich? Our quick guide will get your through.
Why is it worth being rich?
Money gives freedom and saves time. When we don’t have to think constantly whether we have enough money, we can focus on areas of our lives other than finance. Focus on self-realization, personal development, fulfilling your passions and dreams. We can also get more involved in charity and helping others.
Although most of these examples you can do not have a lot of money, but being financially free, it is simply easier and you can do more. How do you get money? What to do to have more, enjoy prosperity and wealth.
Sometimes you have to spend money first to earn it later. However, whenever you are thinking about borrowing them, ask your intuition if you are doing the right thing. If it allows you to make more money in the future – that’s fine. However, if you borrow for current expenses, maybe you should look for another solution. For example, try to get some, even temporary, occupation. If you live on the poverty line, devoting most of your time and energy to paying bills and meeting your basic needs, then you might want to consider working on an ad hoc basis and, at the same time, focus all your efforts on finding your dream job. Thanks to temporary work, you can make friends or acquire skills that you will need later.
Start filling your wallet
First of all, to be able to get rich you need to take up some activity that will bring us money. It can be full-time work, occasional work, sale of some products or rendering of some services. There are many activities thanks to which we can start earning any money. Every way to earn is a stream of money. From what we do, we get more or less money, depending on our commitment, skills and value.
When we start earning some money you have to start putting at least 10% of the earned amount and live for the remaining 90%. 90% of the money earned serves to meet our daily needs, these are the funds we can spend. We use the remaining 10% to save capital. This is money we don’t spend. By doing so consistently for a long time, our savings will increase.
There can be many objections here. After all, it is impossible because I earn too little or that saving does not lead to wealth. However, the fact is that to start the path to wealth you have to start spending less than you earn and start saving.
Instead of buying things you don’t often need and spending everything you earn, the first step to wealth is to start putting aside some of your money.