If there was one simple guide to getting rich would you follow it?

The truth is becoming rich is easy. Most people convince themselves that to become rich you must meet the impossible. Or, becoming wealthy is for some one else.

This is just not true. The reality is any of us can be rich. All you need is a tool. A go-to simple guide that is so easy my 3-year-old son could do it. The secret is "The Piggy Banks." In order for any one person to become rich, they need to be able to generate income at a higher speed than a normal person with a job.

Money Savings

The problemis that most of us don't know how to do that.

All we been taught is to work harder and harder to make more money. But there are only 24 hours in a day and most of us need to rest for at least a few of those hours.

There is a cap to how much money we can make no matter how hard we try.The key is investing. It is important to have your money working hard for you instead of you working hard for your money.

In order to do that you need a system where you can invest your money.

Investing day after day is the key. Most of us can't figure out how to put two penny's together let alone do it every day for the rest of our lives. Hopefully this will help.

The Plan: How To Do It

The key is to plan for it. Go to the dollar store or any place that you can buy 4 piggy banks. Also buy some labels and mark them:

  1. Savings
  2. Debt
  3. Discretionary
  4. Investing

Put the labels on the piggy banks and put the piggy banks in a place that you are going to see them every single day.

You are going to place as much money equally in each piggy bank that you can each day for the rest of your life.

Yes, it is a commitment, but becoming rich is a choice not a chance occurrence. This is the hard part. You must put money into your piggy banks each day. The amount is not really important. The key is that at the end of every month, you take the money you have put in your piggy banks and use them for the intended purpose on your labels.

Save Money(70892)Credit: Casa De Colinas

Is it that easy? Yes it is. You may say "That can't make me rich, how could I ever save enough money each month?"

It is the day after day habit of saving to invest that you want to create. You are also doing some smart things. Saving is important for anyone.

Having three to six months of income is recommended if some thing happens.

The debt piggy bank is there if you happen to be in credit card debt that you do not pay off every month. It is important to keep credit card debt down because the money borrowed from these cards are usually used to buy things that do not help to make you rich.

If you are not in credit card debt and want to do away with this piggy bank you are more than welcome to.

The last bank is discretionary which is very important to help you keep your sanity.

Whether it be a movie or a dinner out, putting money aside for this reason will help you not over spend and help you have some fun.

It boils down to adding money to the piggy banks day after day. If you can commit to this for the rest of your life, you can become rich. (Look for next article on investing to be rich.)

- Cheers