How to get rich 123

Monday, May 22, 2006

The Basics.

Do not visit here unless you seriously want to know how to get rich because you won't want to hear what we have to say. Are you ready to listen?

There are basic, simple steps upon which everyone can get rich - given time. So, this is not get rich quick, but where did all those get rich quick schemes get us any way? This is not based on luck like Get Rich Quick is for the majority of people. It is based on "Anyone can Get Rich". So let us proceed slowly and Get Rich in 3 basic steps...1...2...3...

1. Economic Choice

When you have 1 dollar you can spend it or you can save it. There are a few variations like where you spend it or how you save it but essentially it is as simple as - spend or save.

2. Compound Interest

1 million dollars will get you 60 thousand dollars interest. Compound interest is often called the 8th Wonder of the World but it is also often dismissed because it takes time. Small numbers seem stupid and children are not impressed with their return but saying 1 million dollars will get you 60 thousand dollars in interest is does not sound so stupid.

3. Attitude Change

You need to change your attitude. Stop being a consumer. Buying something will not make you feel better. Possessions do not equal status. The person who has the most when they die is not the winner. How many TV's does one house need? How many DVD players does one family need? Get off the fashion bandwagon. Why are you paying 300 dollars or 15o dollars for jeans when you can get them for 40?

So these are the basics on How to Get Rich - slowly. If you want more stay around or bookmark this site and come back.