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How to Get Rich Quick: A Fool and His Money

By Edited Nov 13, 2013 1 1

There's plenty of people wondering how to get rich quick, and plenty of people around happy enough to tell anyone anything which is apparently meant to make money materialize out of nowhere really fast. In reality, there are ways to get rich quick, but most of these involve luck, timing, the fortitude to take a chance when opportunity presents itself – but most importantly a combination of all of these things. If someone presents something to you and promises that if you do XYZ you'll be rolling in the money in a short period of time (and that's guaranteed!) you can bet on not making it.

The sad truth is that too many people fall for schemes which promise to not only tell you how to get rich quick, but do it through some automated process. The only people that profit from these operations are the people that promote them – the ones that you've given your money to. Don't get me wrong – there is nothing at all wrong with building wealth and trying to achieve financial independence – in fact, that should be encouraged, and it's just not in the mainstream of our society.

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How to get rich quick – remember the tortoise?

The old story of the tortoise and the hare comes to mind when I think of people wondering how to get rich quick. If there's a sure fire way to get rich that I know it's to make some good solid goals, stick to a plan, and do it over and over again. For example, if one part of your strategy is to build a passive income stream from writing articles, get stuck into it. Know what you'll have achieved in 6 months time if you stick to your plan. You should know exactly how many articles you'll have written in any given time frame (2 weeks, 2 months, or 2 years) of you have solid goals. The point I'm trying to make is that the hare represents the person who buys into some scheme which promises to reveal how to get rich quick – lots of frantic action followed by burnout. The tortoise represents the slow and steady performer, the one who follows a plan of action – who is driven towards a goal and who paces themselves. I know that I'll bet on the tortoise every time.

How to get rich quick – it's all relative – change your perspective!

What is quick anyway? Is it a week, or is it a month – or two years? Look at your wealth building plan in comparison to your situation if you spent the rest of your working life devoted to working in some job and spending what money you get in return for your efforts on debt which you'll have to work even harder to repay. Hmmm… I'd much rather be the tortoise and achieve my goal of building a passive income stream over 3, 4 or 5 years than not bother doing anything now towards achieving it. But then that's just me – what about you?



Jan 16, 2011 2:01am
Well written, amusing and most of all, true. Hopefully someone will read it and reconsider before buying into the next hot 'blueprint' that makes one person rich quick - the seller!
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