Tuesday, 10 September 2013

Special Offer On How To Be Rich.

By Grady Woods


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.

I do not deny that some people do get rich relatively quickly, they win the lottery or they happen to be in the right place at the right time, or perhaps they are extremely talented and motivated. However when you see somebody advertising "How to get rich quick", as something that they can help you to do, you ought to be very skeptical.

Predators seeking the naive

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.

There are multitudes of con-artists out there (who seem to particularly frequent the business opportunities market). Perhaps these people justify their actions by arguing that those who buy from them deserve to be trapped because of their naivety or perhaps they themselves were trapped by some 'how to get rich quick' scheme and their response is to exact revenge by trapping someone else. There is after all a price one has to pay for folly or naivety, and someone seeking how to get rich quick, needs to learn that the way things work in this world generally speaking (and with very few exceptions) is that wealth is a reward for diligence. As Genesis 3:19 makes clear: "By the sweat of your brow you will eat your food".

1. Understand your money blueprint;

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).

Character, reputation and income; getting the balance right

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.

Taking the right steps to begin with will prepare you for the journey towards getting rich slowly and will allow you to weight up the pros and cons of setting up your own get rich quick scheme that works when you don't want to.

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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