2007-04-27 10:12:22 · 6 answers · asked by hassan 1 in Business & Finance ➔ Personal Finance
You will if you are smart enough to follow instructions. Read the article below. It outlines it all...
Good luck, grasshopper.
2007-04-27 11:47:33 · answer #1 · answered by Ethan 3 · 0⤊ 0⤋
That's a difficult question to answer without knowing some specifics about your income and spending habits. However, if you have the discipline to spend less than earn, tuck a minimum of 10% of your income into savings and investments, and reinvest your proceeds, you will acquire wealth.
There are some excellent books on this subject. I would start with The Richest Man in Babylon, by George Clason, followed by the Rich Dad, Poor Dad books by Robert Kiyosaki. David Bach's recent books on becoming a millionaire are also very informative and a pleasure to read.
For a free report on creating wealth, as well as a list of hot income opportunities, visit:
http://www.wealthsearch.org
2007-04-27 12:02:33 · answer #2 · answered by Anonymous · 0⤊ 1⤋
You can be if you live below your means now.
1) Don't use credit cards unless you can pay the balance in full each month.
2) Don't buy new cars. Buy cars that are a couple of years old, purchase them for cash, and keep them as long as possible.
3) Don't make impulse purchases. Learn to distinguish between "needs" and "wants."
4) Max out your 401(k) and Roth IRA every year.
5) Save and invest outside of your retirement accounts.
2007-04-27 10:28:17 · answer #3 · answered by Kathryn 6 · 1⤊ 1⤋
No because that is your focus. you will not follow your passion if richness is the goal. frustration will always follow. which leads to crime in alot of people.
2007-05-01 08:38:21 · answer #4 · answered by jennie s 2 · 0⤊ 0⤋
No. I'm sorry to tell you that you will always be poor. Have a nice day.
2007-04-27 11:31:32 · answer #5 · answered by Ronin 4 · 1⤊ 0⤋
NO--JUST OLDER AND BROKER
2007-04-27 10:42:07 · answer #6 · answered by cork 7 · 1⤊ 0⤋