2006-06-09 10:49:04 · 13 answers · asked by Real_Surreal 2 in Business & Finance ➔ Investing
www.daveramsey.com...advice there is priceless...
overall, I agree with some earlier posting people...face it..having a job working for someone else is not going to make you rich...working with the money and resources you have will...no one is more or less in this field...what you need is tenacity and determination and long term discipline...the "get it now" approaches make people rich who insitigate them..not follow them..but for an honest and fair way to wealth so that when your head hits the pillows at night is to first start saying "NO" to majy things you are doing and to find other avenues of income than the one you are using now...you might be self-employed...there might be something else that you can make money on or with...
reading Rich Dad/Poor Dad will not change you..nor will reading From Zero to One Million make you richer..unless you really read the info within these two books...and even applying them means you might fail...doing nothing will also insure failure...you have to plan to win and the guy who does the most preparation is the guy who wins the game...now, getting rich is a game..a game you choose to win or lose before you even start...
several things to think about here...who do you want to take advice from? look at people who are affluent, learn what they do...there is a story in the Carnegie legacy about a waiter who offered his services to a rich man if this rich man would teach hime the method to generating wealth....you need to be speaking with people who are earnestly rich and not paper rich...a person who has a house, a rolls, a benz, a trophy wife and so forth...might be floating debt out the ***...debt will not make you rich...having someone indebted to you might...depends on the handling...
there are no shortcuts..there are opportunities that you can either make or discover...you have to give up something, work and plan, be kind to yourself, learn self-control and listen to what you might have otherwise only heard before when wealthy people speak...
2006-06-16 04:27:40 · answer #1 · answered by longwalkjohn 2 · 1⤊ 0⤋
Work,save your money a million dollars is only a thousand,thousand dollar bills.Even though interest rates are low.If you get an interest bearing saving account and are 15 years old or less you can save just 2 dollars a day and never touch it until your 48 years old.Have a million dollars and live off the interest.You have to have certain things in life such as food,housing etc;but you dont have to keep up with the JONES.If you check close enough they are usually in debt up to there eyeballs.Just use commom sense.The 7 dollar clothes look just as good on a person as the 700oo Dollar.Being clean and neat doesnt cost much,Soap,shampoo and combs are cheap.Think is my advice about becoming a millionaire.
2006-06-09 11:15:35 · answer #2 · answered by donald m 1 · 0⤊ 0⤋
It is not as hard as it sounds. Invest early, invest often and invest wisely. A 30 year old putting 10% of their income in their 401k could easily become a millionaire by age 59.
The source below does a good job explaining it.
2006-06-09 18:42:23 · answer #3 · answered by thesonics 1 · 0⤊ 0⤋
The best way to make money online is by learning affiliation marketing. Here you can find a lot of useful information to start making money from today http://moneyonline.toptips.org
It's everything free! I have been doing that method and I am earning good money now.
Good luck!
2014-09-24 09:27:53 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Come up with a product/service that people need and sell it. Preferrably in volume with a high profit margin.
If you can't do this, enroll in your 401(k) plan at your job (if you have one) and contribute as much as possible - this is even more beneficial if your company matches, because it's like free money (assuming you stay at that company to get fully vested). This saving, combined with compounding interest, will build up fairly quickly, but like everything, it takes time.
2006-06-09 13:34:53 · answer #5 · answered by badkharma 1 · 0⤊ 0⤋
I'm hoping to earn a respectable income from home. There are many different work from home businesses that you can get into... Many offer a way to promote them on or off line.
I know our company can be done successfully either way (or using BOTH if you prefer) I love the versitility of it all. If you would like more details on what we do you may visit my site: http://learn2.momsmakemore.com
To help you in your search here is a little advice you should consider:
What should you look for in an "ideal" internet/home business?
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- A product or service you feel good about (Consumable products used in every home… safer, more effective, less expensive, things people use and need on a daily basis)
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- Residual income (Residual Income PLUS bonuses for helping others!!!)
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- Free marketing materials and ideas (Our support team has 70 members who are there to help you every step of the way… Training and support from people who have been there and done that. Training provided via email, internet, or telephone)
- Company in business at least 18 months and in good standing with the Better Business Bureau (Inc 500 Company in business for over 20 years with over 700 Million in annual sales. As for the Better Business Bureau: “The Eastern Idaho and Western Wyoming division of the Better Business
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2006-06-09 15:37:01 · answer #6 · answered by cre8ingleaders 5 · 0⤊ 0⤋
Work for it, nothing is easy and making a million is definitly not easy. It will take a while to get it. Invent something that everyone wants that might work. Or invest and wait 20 years you might be there.
2006-06-09 10:53:41 · answer #7 · answered by CB09 2 · 0⤊ 0⤋
Invest in good growth-stock mutual funds over time using the advantage of compound interest. It isn't fast but it is a sure thing.
2006-06-09 10:53:17 · answer #8 · answered by Sylvia M 4 · 0⤊ 0⤋
if u are a fortunate man or woman positive, why not ? matter on DEVINE MERCY prays can help beggers. try my buddy and each and each and every of the most acceptable, yet do not forget exertions it consistently will pay more effective than thousands of thousands.
2016-11-14 10:00:38 · answer #9 · answered by ? 4 · 0⤊ 0⤋
Come up with a profitable idea that no one has ever thought of before, market it, sell it, and make your money.
2006-06-09 10:52:41 · answer #10 · answered by Anonymous · 0⤊ 0⤋