Have you tried any get rich quick schemes? Did they work for you? Would you care to share your experience? Thank you
2006-09-05 10:27:18 · 10 answers · asked by Olderwiser 4 in Business & Finance ➔ Personal Finance
Forget get rich schemes - if they were regulated, they would be called get poor quick schemes. My advice is manage your expenses and live within your income. Pay off your debts as soon as you can - interest on debt is flushing money down the toilet. Get better jobs that will give you a great quality of life while also increasing your income level. Train yourself to keep abreast of what's happening in your industry to increase the chances of getting those well paid jobs in your industry. Once your debts are paid off, think about investment opportunities. But whatever you do, forget get rich schemes. Also, think carefully about paying in advance for any investment schemes - trading standards will usually be able to advice you if a scheme is dodgy.
2006-09-06 01:53:29 · answer #1 · answered by scallywag 4 · 0⤊ 0⤋
Yes, we've tried Amway (lost on average £1500 per year, stuffed envelopes at home (got paid twice), made circuit boards (never got paid!), tried Christmas crackers (extremely low return on your time), and we got caught out with a 'money tree' scam ... all this over a period of 15 years. For the last 5 years we've been running our own home based business with Kleeneze. Not a get rich quick scheme, but a genuine opportunity to develop a very profitable business around your current committments. Totally flexible, no set areas, no targets, no boss, earn what you want, work when you want and full on-going training and support. Visit www.thiscouldb4u.co.uk for more info
2006-09-05 10:38:19 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Get rich quick schemes?? Hoenstly, if they worked, we'd all be millionaires wouldn't we. The only way is to save any extra cash, don't use credit cards, pay off any loans and live within your means.
2006-09-05 10:33:00 · answer #3 · answered by Jude 7 · 1⤊ 0⤋
Freind of mine is a coulpla weeks into his 'enterprise'. Not sure if its novelty value but right now hes actually turning a small profit amongst buddies. Take this idea n go global.....have people send u their stash and return it to them in handy ready made tubes. Maybe its actually more to do with him being notorious for multi-skinners or they're adout 90% green, just a touch of cardboard n brown for decoration. I see where his profit comes from-cash saved by nipping some from everyone elses. Jeez! Thats clever =-)
2006-09-05 10:54:48 · answer #4 · answered by ssssiggghhhhhh 2 · 0⤊ 0⤋
Pay yourself 10% of everything you earn from now until retirement and invest wisely. Read "The Wealthy Barber"
Winning the Lotto would be a good start but I heard you have to buy a ticket for a miniscule chance of winning!
2006-09-05 10:37:31 · answer #5 · answered by mjdp 4 · 1⤊ 0⤋
The best way to become financially independent is to live below your means. If you live a lifestyle below what you can afford, you can save the rest. Continue to live that lifestyle and you will be independent sooner.
2006-09-05 10:30:28 · answer #6 · answered by 006 6 · 2⤊ 0⤋
You already are. It is all in the mind. An open cheque book makes you popular but not respected. Just enjoy what you do and strive to be open and honest with all you meet.
2006-09-05 10:37:15 · answer #7 · answered by Anonymous · 1⤊ 0⤋
A millionaire told me once the making his first million was hard. Making the second was easier.
So just work on making your second one.
Oh, but if you want to double your money-
fold it in half.
2006-09-05 10:35:29 · answer #8 · answered by ? 4 · 0⤊ 0⤋
read rich dad, poor dad. get rich schemes are schemes! they don't really work, silly!
2006-09-05 10:32:54 · answer #9 · answered by Emily E 4 · 0⤊ 0⤋
EASY...
Don't live on credit.
Live within your means.
2006-09-05 10:35:19 · answer #10 · answered by Smitty 5 · 1⤊ 0⤋