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2007-11-16 05:17:43 · 29 answers · asked by Rosebud <3 3 in Business & Finance Personal Finance

29 answers

Marry then divorce Paul McCartney

2007-11-16 05:19:53 · answer #1 · answered by Crazy Diamond 6 · 3 3

It really depends on what you consider rich. If it's Paris Hilton rich then you need to have a father that owns a hotel chain. If it's like my buddies who I play golf with then that would require a well paying job above the average. The well paying job will take a college education.

You could also start a business. You'll need an idea and a really good work ethic.

Sorry, there's only one 'easy' way to become wealthy and that is the lottery. But your chances are 1 in 175 million. So, even if you spent $175 on lottery tickets, you odds are still 1 in 1 Million. Those odds are too risky for my tastes so I'm counting on my B.S. in Electrical Engineering and my Masters in Business Administration to do the trick. So far it's working well.

Good Luck!!

2007-11-16 18:45:16 · answer #2 · answered by sfuller94 3 · 0 0

There are two types of rich people in this world. The first are the rich people who get lucky. They are in the right place at the right time. This is the reason behind the get rich quick schemes.

The second way to get rich is through careful planing and money management. If you are working you can get rich by saving and investing a little cash out of each of your pay checks. If you start your planing early then you should be able to live a great life if you plan well.

So my steps in getting rich:
1. Get a job.
2. Decide how much money you want to live off.
3. Plan how to invest to get that much money. (consult with a professional if you are having questions about how to invest your money)

2007-11-16 13:24:57 · answer #3 · answered by T.J. McMillan 2 · 2 0

A simple combination of things

1) Work hard

2) Cut out any unnecessary expenditure so you can save more, and therefore earn more interest on your savings.

3) Hang out at leading financial education website THE MOTLEY FOOL @ http://www.fool.com (US original version) & http://www.fool.co.uk (British version) to learn how to manage & invest your money better through their excellent & easy to understand articles.

4) Check the quality of items (especially clothes & electronics/electricals) before you buy, so you know they're going to last you.... like until recently I'd been making do with cheapo £10-£15 walking boots to walk around (pretty much the only things in my local shoe stores these days, and all i could afford being on unemployment benefit), except the damn things usually completely fell to bits after 3-6months (think exploded out race car tyre type of wear)..... switched to an £18 pair on sale via mail-order from a dedicated outdoors wear manufacturer/retailer (Hawkshead.com) in August 2006, and they're still going strong - the point being it's cheaper in the long run to buy something slightly more expensive that's going to last than it is to buy cheap cr*p that you'll end up constantly replacing (which brings us back to point #2)

2007-11-16 14:22:40 · answer #4 · answered by Anonymous · 1 0

1) work hard but work smart
2) live on less than you earn
3) invest your left over money

I am holding a business information call Tuesday evening at 8pm. If you're interested in listening in on the call message or email me for conference call number and passcodes.

Good luck on your quest to become rich.

2007-11-19 22:59:26 · answer #5 · answered by Anonymous · 0 0

Stay out of debt,
Get a job and don't spend alot of money. Always put half of your income into savings while you live with parents.
Put your money into relatively safe investments.
Do NOT tell people how much you have in savings. People always think they know how best to use money to make you happy, generally to your detrement even when they are trying to help.
Start young.

2007-11-16 13:22:38 · answer #6 · answered by Syra 2 · 1 0

Being rich is not just about money.

2007-11-16 13:29:13 · answer #7 · answered by *~STEVIE~* *~B~* 7 · 1 0

A good education, University to study, then you will be in a better position for a highly paid job.

2007-11-16 13:29:23 · answer #8 · answered by Anonymous · 1 0

Build the next generation's Myspace.

2007-11-16 13:25:25 · answer #9 · answered by Dementia 2 · 1 0

Get a lot of people to work for you so you can pay them but keep the profit

2007-11-16 13:21:17 · answer #10 · answered by Paddy 4 · 1 0

well you must take some buisness class's and come up with some way to be inovating and you must be a good peoples person and know about good and bad judgement. or play the lottery!

2007-11-16 13:20:52 · answer #11 · answered by slickpapa2002 2 · 2 0

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