what stuff do I need to become wealthy?

Question

I want to become wealthy and need stuff to do it with. What do I need?

Answer 1

A lot of money usually helps

Answer 2

Common sense, brains, determination and be willing to work very hard and someday you will have some money in the bank.
I watch a lot of people spending their time gossiping about what the other guy has got. While they are wasting their time being jealous, the other guy is out there working and planning. I have 3 cousins that are millionaire's at age 60. None of them inherited anything, they grew up poor, but were willing to work hard, save money, take a risk now and then. They are all sitting pretty now, but it does not happen overnight. Also, and this is part of it, they are married to pardner's that had the same goal. It cannot work if one is spending money faster then the other one can make it.

Answer 3

You need a proven plan that works, with an wonderful International company. You should see my profile and email me because Yahoo doesn't like for us to relay links. Good Luck!

Answer 4

You need money.

First you have to work. For every dollar you take home, save ten cents.

Never spend what you save.

Every day of your life, you'll be wealthier than you were the day before. Every day, you're more financially secure than yesterday.

Using the time value of money (compound interst), you can be a millionaire in 20-30 years.

Answer 5

Sue someone that's what lazy people that want something handed to them do all the time you should fit right in.

Answer 6

money,moxie,and a creative mindset...good luck.

Answer 7

First u have to make sure u finished school and got a High School Diploma, if you didn't do that u would need a miracle!

Answer 8

rob a crack house and sell that stufff

Answer 9

let me think, hmmm, MONEY!!!!
teehee

Answer 10

There are 7 common factors to those who build net fortunes of one million dollars or more. In America there has never been more personal wealth than there is today yet most American’s are not wealthy. Amazingly a mere 3.5% of our households own almost one-half of the wealth in the United States! Although we may be hard working, educated, moderate to high-income earners, few of us are affluent. A pattern that the wealthy follow is more often the result of planning, hard work, perseverance, and self-discipline - that determines who becomes wealthy.
1) Live Well Below Your Means
Don’t be fooled, the ‘average’ millionaire doesn’t look like a millionaire! The key word here is frugal, frugal, and frugal. The typical person in America is a consumptionist and it’s in our blood. We work hard, make money, and spend it well. Not the typical millionaire! They play great defense (saving and investing) as well as offense (making money). Just like in football great offense is exciting but great defense wins games. An interesting note: Millionaires on average claimed their spouses were as frugal or more than they were so it’s a family affair: Sacrifice high consumption today for financial freedom tomorrow.

2) Spend Time, Energy, and Money in Ways that Build Wealth.
The road to Millionaire’s Villa takes a frugal path yet they pay well for training and advice and do investment planning, go to seminars, hire good attorneys, tax accountants, mentors and coaches and learn to identify and invest in assets that produce income. The wealthy spend money when the investment will protect and grow their assets and they know the details of how much is spent each month on food, clothing, and shelter. The non-wealthy say they don’t have time to plan while the wealthy make time to plan. But here’s the shocker: the average millionaire spends 8.5 hours per month planning while the non-affluent spend 4.5 hours or less planning. 4 more hours per week impact your future so make it happen and the odds are in your favor of joining the truly wealthy!

3) Choose Financial Independence over Displaying High Social Status. The wealthy run highly efficient operations both in business and at home; they live in average neighborhoods and drive average cars, and they're not interested in keeping up with the Jones’ because the Jones’ aren’t financially free. It takes lots of energy to consume big mortgages, change homes every few years, buy the most recent model cars, and wear the latest fashions. The wealthy drive typically American made cars! Japanese cars come in 2nd place; half of these are Toyota Camrys. Yes, significant value per dollar is the key here. The Millionaire’s Motto: You aren’t what you drive. The status cars – Lexus, BMW’s, Mercedes -at 6.4% or less per each brand.

4) Don’t Accept Economic Support from Parents once Outside the Home. Sounds painful but it’s a fact that has taught the wealthy how to earn, keep, and invest money. Parents of the wealthy do not, or cannot, provide “economic outpatient care”. The results are clear: the more dollars the adult children receive the fewer they accumulate while those who are given less are motivated to accumulate more on their own merit. 80% of millionaires are first generation millionaires and they have made their money on their own in their lifetime. Many of these folks have been immigrants to the U.S. starting out with minimal cash on hand working hard to learn and generate wealth—it CAN be done and happens in America every day.

5) Teach children to be economically self-sufficient to foster a “Wealth Mind-Set”. Provide children fish and they will eat for a day. Teach them to fish and they will eat for a lifetime. Children who grew up to be affluent who had affluent parents were taught to be disciplined and intentional with their money. Robert Kyosaki, author of Rich Dad Poor Dad, didn’t cave in when his son asked for a car at 16 years old even when the neighbor kids were being given cars by their parents. He gave his son $3000 and a subscription to the Wall Street Journal, and a few books on investing in the stock market. Now Rich Dad’s son watches more CNN than MTV. He has the motivation and is getting an education that will provide him for a lifetime well beyond his first car purchase.

6) Become Proficient in Targeting Market Opportunities. Find your niche like the wealthy do. Follow where the money flows and look for specialized opportunities. Target the wealthy themselves. Yes they are frugal, especially first generation self-made wealthy. BUT…they spend openly on investing in themselves and their families. Investment advice and services, business training, software, tax advice, legal, medical, dental, health, real estate, and education are top priorities. They pay well for products and services that protect and grow their assets. Remember the majority of the wealthy are self-employed entrepreneurs followed by medical professionals and business executives.

7) Choose the Right Occupation. Knowing what the affluent do, 20% are retirees and the remaining are self-made businessmen and women. Entrepreneurs are 4 times more likely to become millionaires than those who work for others although there's no one business or group of business more likely to breed millionaire-hood. Some are lecturers, others medical professionals, farmers, small manufacturers, and corner mom and pop stores. The most important predictor is the characteristics of the owner, not the type of business. It’s the winning combination of skills and attitude that hit’s the wealth target.

The affluent attribute being honest with all people as the most important characteristic in their businesses, tied with being well disciplined. The vast majority of the wealthy were not stellar students or born into money. They have made it through following a few simple principles and being consistent.