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 two key thoughts that I want to share with you today that will empower and enable you to become rich no matter your financial situation. These are the two things that have set me apart from the other people I know who will live their entire lives and fail to become rich.
Invest In Your Financial Education I have spent a lot of time researching and reading books in order to invest into my financial education. Now I am able to get rich a lot quicker and easier than my friends because my financial education is so much greater than theirs. Where they believe investing is risky and saving money is safe I know that saving money is risky and I know ways to make a lot of money investing without taking huge risks.
Understanding the mechanics of 'how to get rich quick'
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.
Finding a balance between these two is something that we all (and all businesses) have to do. Earning money is therefore fundamentally an exchange of cash in return for service. To get rich quick, you either have to serve people more effectively by working harder or smarter for them (which won't happen quick) or you have to take more cash in return for less service (generally this can only be achieved by deception or dishonesty). The person who understanding this still wants to know how to get rich quick, needs to realise that generally speaking they will do so only at the expense of another. The stingy are eager to get rich and are unaware that poverty awaits them (Proverbs 28:22).
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.
Assets are things that put money in your pocket on a regular basis without you needing to work for it, liabilities take money out of your pocket. A rental property can be an asset if the rental income is greater than all expenses, it can also be a liability if the expenses are greater than rental income.
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
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 two key thoughts that I want to share with you today that will empower and enable you to become rich no matter your financial situation. These are the two things that have set me apart from the other people I know who will live their entire lives and fail to become rich.
Invest In Your Financial Education I have spent a lot of time researching and reading books in order to invest into my financial education. Now I am able to get rich a lot quicker and easier than my friends because my financial education is so much greater than theirs. Where they believe investing is risky and saving money is safe I know that saving money is risky and I know ways to make a lot of money investing without taking huge risks.
Understanding the mechanics of 'how to get rich quick'
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.
Finding a balance between these two is something that we all (and all businesses) have to do. Earning money is therefore fundamentally an exchange of cash in return for service. To get rich quick, you either have to serve people more effectively by working harder or smarter for them (which won't happen quick) or you have to take more cash in return for less service (generally this can only be achieved by deception or dishonesty). The person who understanding this still wants to know how to get rich quick, needs to realise that generally speaking they will do so only at the expense of another. The stingy are eager to get rich and are unaware that poverty awaits them (Proverbs 28:22).
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.
Assets are things that put money in your pocket on a regular basis without you needing to work for it, liabilities take money out of your pocket. A rental property can be an asset if the rental income is greater than all expenses, it can also be a liability if the expenses are greater than rental income.
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
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.
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Surprising new discovery on how to be rich that you should know about that is changing people's lives
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