Take Your Time To Get Rich
A few people have given me “positive prophecies” about getting rich. It’s great. It makes me feel hopeful that it can happen. Perhaps, if enough people believe in it? ;-)
However, sometimes, I just wonder about how that’s going to unfold. Will it be by winning in a Lotto Draw or by going on The Price is Right? Will I make my riches with one great business idea?
Well, I know one thing’s for sure: Since I don’t come from a family of Hiltons, Trumps, or Murdochs — inheritance is definitely out of the question.
So, what then?
While I don’t really buy in to get-rich-quick schemes, I - perhaps, like most people - wish that I can just hurry up the process to prosperity.
But, according to the BusinessWeek article, The Get-Rich-Slow Scheme: “It’s a lot easier to gain — and keep — wealth by building it at a measured pace.”
Wow.
It doesn’t stop there. The article also says: The truth is it’s a lot easier to get rich — and stay rich — today by going it slow rather than latching onto a get-rich-quick scheme.
This was supported by sharing the most common tips given by finance experts. The tips are:
1. Live below your means.
2. Take calculated risks.
3. Diversify your investments.
4. Keep your nose clean.
5. Keep your eyes on the prize.
And, I couldn’t agree more.
Free Money Finance also adds these tips: 1) get out of debt and 2) pay yourself first. (Side Note: ‘not sure about #2, but I may just not fully understand what FMF meant.)
In any case, I enjoyed reading the article. When it comes to making money, I do live by these guidelines. And, while I’m not exactly striking it rich yet, it’s good to think that I may just be on the right track.
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POSTED IN: General: Making Money Stuff
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