2007-02-23 04:30:02 · 4 answers · asked by FINN 3 in Business & Finance ➔ Personal Finance
I've got some magic beans I can sell you if you like. To you, £200 each. Now all you have to do is sell them on for twice what you paid me for them and you'll be rich!
2007-02-23 04:41:54 · answer #1 · answered by Mental Mickey 6 · 0⤊ 0⤋
If you want to make money you need to run a business or specialize.
Take a look at a large company that makes billions and employs thousands. Say, for example, that the average wage is 25,000. Each of those workers needs to contribute work that helps make more money than is spent on their salary. So if a company is making billions then each of those workers is making a lot more money than they're being paid.
Who gets that money? The owners and the top top bosses. Therefore it's better to be a boss or an owner than a worker.
Otherwise you need a specialism so that you're in high demand but with less competition. For example, anyone can do data entry, but how many people can take free kicks like David Beckham???
You don't need an education, but an open mind and a lot of hard work. You can't get something for nothing, and like betting, the more risk you take on (usually) the greater the rewards.
2007-02-23 12:45:19 · answer #2 · answered by Iain Speed 2 · 0⤊ 0⤋
Get a solid education. Get a solid career. Spend much less than you make. Save the rest and invest it wisely. Slow and steady leads to loads of money.
2007-02-23 12:35:11 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Make sure you ONLY date rich guys who have rich parents.
Country house, London flat and a Yacht are good indicators - but make sure they also have a decent income (about 100k a year should be minimum).
Get married before moving in with them.
2007-02-23 18:37:45 · answer #4 · answered by Steve B 7 · 1⤊ 0⤋