Oct 4th 2008 11:24AM
Thats what so many want. Right ? Iâ€™m certainly not going to lie and say it is not a whole lot better having lots of money. I had a whole lot of fun and loved my life when I was eating mustard and ketchup sandwiches and sleeping on the floor of a 3 bedroom apartment that housed me and 5 buddies.
I have a whole lot more fun now. It doesnâ€™t suck to be rich.
The question everyone wants answered, is how to get there. There are ways to get there. But there is not a template that works every time for everyone. It works sometimes. Getting there requires being ready when opportunity presents itself.
IMHO, change and uncertainty create opportunity. Times like we are facing now, with complete financial uncertainty are perfect times to start on the road to getting ahead financially.
First, here is WHAT NOT TO DO:
There are no shortcuts. NONE. With all of this craziness in the stock and financial markets, there will be scams popping up left and right. The less money you have, the more likely someone will come at you with some scheme . The schemes will guarantee returns, use multi level marketing, or be something crazy that is now â€œbacked by the US Governmentâ€. Please ignore them. Always remember this. If a deal is a great deal, they arenâ€™t going to share it with you.
I donâ€™t broadcast my great deals. I keep them all to myself. The 2nd thing to remember is that if the person selling the deal was so smart, they would be rich beyond rich rather than trolling the streets looking to turn you into a sucker. There are no shortcuts.
So what should you do to get rich?
Save your money. Save as much money as you possibly can. Every penny you can. Instead of coffee, drink water. Instead of going to McDonaldâ€™s, eat Mac and Cheese. Cut up your credit cards. If you use a credit card, you donâ€™t want to be rich. The first step to getting rich, requires discipline. If you really want to be rich, you need to find the discipline, can you?