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How to get rich quick: Accumulating wealth like crazy

Here are 13 tips on how to get rich quick by accumulating wealth like crazy.

How to get rich quick can be explained in 2 sentences:
• Your spending must be less than your income.
• Invest your balance wisely and you’ll get rich sooner.

The three golden rules to get rich the hard but coming way:
• Spend less
• Win more
• Invest wisely

Follow these simple rules until you become rich and ultimately rich like Mr. Buffet or Bill Gates. If these two richest people could do it, so can you.

That is what essential wisdom dictates. It’s true, it’s real and it’s possible because it’s truly yours – you.

What to do with money once you have it in abundance? The three most satisfying uses of money are;

• Invest it – to earn more money
• Giving and sharing – with family, those in need and charitable organizations
• Fun – to enjoy life to the fullest

In this way you will experience good mental and spiritual health. It’s the right way to spend your money and more will come your way.

Here are 13 tips on how to get rich quick by accumulating wealth like crazy:

1. Develop daily habits of wealth accumulation

Success is born of good and productive habits. Positive habits bleed success like nothing else on this planet. Thomas C. Corley, writer and researcher, said; “change your clothes change your life”.

Bad personal clothes cause; poverty, sadness, stress, poor health, bad relationships and bad life.

Good clothes bring; wealth, happiness, good health, love, productive relationships, good life and a feel-good factor.

What to do to develop good clothes – rich:

a) Self-improvement – change and you will change your life
b) Mindset: think you are already rich before you do it
c) Think positively about money and life
d) Exercising to stay fit and healthy
e) Be friends with successful people
f) Write and pursue your goals with passion.
g) Get up before 5 am every day to read, exercise, meditate, shower and eat a high protein breakfast
h) Create multiple sources of income to ensure financial stability
i) Get yourself a wealth creation mentor to guide you
j) Become a mentor to help others

2. You need a wealth plan as taught by Franklin Benjamin centuries ago.

What should be included in your wealth building plan? The following must be in the plan;

• Realistic expectations
• Controllable results
• Don’t worry, never worry about anything again

• Spend only on essentials: reduce spending on non-essentials
• Save until you feel the pain – save like crazy
• Invest your savings wisely

3. Save 50% or more of Monthly Income

Save as much as you can afford. It is best to save 50% of your income to build wealth quickly. This is possible if you are young and have not yet married. There are people who saved 70% of their monthly earnings and after wisely investing the accumulated savings of 10 years became enormously rich in 20 years.

4. Reverse purchase change – loose change

Insignificant amounts of your purchases can add up to large amounts in the long run. Respect small denomination coins and bills. These can accumulate if they are regularly saved and invested in an interest-bearing account.

5. Know what you want out of life: write down your goals

To truly know what you want out of life, sit down and develop goals. Write down your goals and develop a plan for how you will achieve them. Only after you have established a target can you have something to aim or shoot at.

6. Always negotiate to pay less

Trading is good and it’s fun. Try to reach an agreement that favors you. When the opportunity to pay less arises, take it. Therefore, learning to trade can save you a lot in the long run.

7. Strive to earn more than you did last year

To get rich, you need to continually improve your earning capabilities. Your income should not stagnate, it should grow every year.

8. Invest in continuing education to improve yourself

To change your habits from bad to rich, you need to change. Change can be achieved through continuing education. Therefore, it is a good idea to continue education. That’s what self-improvement is all about.

9. Start a business

After saving money for a few years, you should invest some of it in a small business. Small businesses usually become big over time if they are managed properly. A business will eventually accelerate your wealth creation efforts.

10. Stop working for other people, work for yourself

Once your business is self-supporting, you must stop working for other people. Stop being a slave. Self-employment because it’s the right thing to do.

11. Stop buying things you don’t need.

If you can do without it, don’t buy it. What’s the point of buying a 100-inch TV when a 40-inch will do you just fine?

12. Find and solve a problem

The best and fastest way to get rich quick is to find a people problem and come up with a lasting solution. Bill Gates found a problem and BUILT Windows to solve it.

13. Money is a tool, let it work for you

To get rich quick, you need to make money work. Money makes work easier. Money can by experts. It can take you somewhere you’ve never been before if you let it.

So learn how to make money work for you so you can get more of it.

Go simple with your investment strategy:

When your investments total less than 10 million don’t opt ​​for complicated investments. Simple is the name of the game. Opt for clear investment models that are easy to understand and implement.

Two of the easiest investment vehicles are;
• Real estate
• Investment funds

After your investments exceed 10 million, you can reconsider your idea of ​​remaining a simple investor.

How to get rich The 13 tips are meant to inspire you to take action. You were born to succeed and you can succeed if you believe you can.

Good luck with your efforts to get rich and stay rich.

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