How To Become Rich - The Fastest And The Easiest Way
A Lamborghini, a Ferrari or a audi, these are some of the cars we see around millionaires.
We often think that how they become a millionaire or billionaire. How they reach that level?, how they earn that much in One month?, How to become rich?
How to become a millionaire?
Today we are going to discuss how to become rich easily and the fastest way to become are millionaire.
If you're serious about becoming rich then follow the steps that are written in this blog. You'll surely find these helpful.
Now here is the first step,
Don't waste your time
Now it sounds like you have heard it before a thousand times but this is the real reason between rich and poor person.
An average human lifespan in today's world is 80 years. So, you have plenty of time to become a millionaire.
It also means that we get a finite amount of time in our life to live and become something we want.
But what is the problem with us?
The problem is we spend a lot of time of our day and year scrolling on social media, wasting our time with useless friends, and watching TV and videos on Youtube whole day in which most of them are completely useless.
So, what's the solution?
the answer today's is hard to swallow but the only answer is 'stop wasting your time'
Now it sounds like wow what an answer we don't know that before.
But hey this is the only answer one can give you.
Whenever you wake up in the morning thank god for this day and start your day with the mentality of trading yourself with important people, important knowledge and important actions in achieving your most ambitious goals.
If you develop this mentality then your useless friend and all the wasted time will start to restore itself.
Just try it for one day and see how your day goes. You will get a lot of time to do some important things and to think like important person.
Stop Wasting your Money
whenever we see a dress or some jewellery we develop an urge to buy it before someone else did and then what we do we just buy that thing which was far away from our means and needs.
We spent a lot of money on a useless thing to show other people how rich we are, but we didn't stop here we buy car we buy phones and then pay the debt on monthly basis.
We actually kill our money by doing this.
So, what's the solution?
Just start from saving a small amount of money every month for 1 year, it requires a lot of patience and control over your mind but if you want to become rich is the best step you can take. We are heading towards an another year why didn't you make a resolution to save money.
If you follow this you will love it cause at the end of the year you will feel lucky to have all that money in your hands to invest in something and to build something.
Stop making your life comfortable
Now this is a point motivational speakers always consider.
But if you really like a comfortable life and want to become rich to then this is the wrong track for you. Rich peoples never achieve a comfortable life because they work all day, think all day, act all day and achieve all day.
You have to step out of your comfort zone and start doing something which you have never done before.
Don't try to stretch your comfort zone too hard just start taking small steps one at a time every week it will boost your confidence and your bank balance too.
Do something you didn't done before like try to start working part time or ask your boss to pay $2 extra for every extra hour work.
if you work 3 hours extra everyday then every day you will get 6 dollars extra in a week working 6 day for three hours extra you will get 36 dollars and in a month around $100 and doing a part time job can easily give you a $100 every month which is equal to $1,200 in a year. Easy maths.
Stop caring about what other people think
We had heard a thousand times but this is also a reason for most of the failures.
People think too much about what other people think about them.
If you do this then please I request you stop because we are living in a century of advancement a century which will decide who will be rich or poor.
If you think what people think then what people think you will think. If you have this mentality then please get out of this cause nobody literally nobody cares about anyone according to my personal experience.
Nobody cares about your achieving, nobody cares what you are eating, nobody cares how you are living and nobody cares what your problems are.
They just care about gossiping about you and your family with four peoples.
And now the last and the greatest advice,
Compound
Ok, now this is a maths thing and everyone who want to become rich should used.
If you invest $1000 and getting 4% return every month then in a year it will be $17227.
Yes not much but in 5 years it will be $258,000 and in 10 years it will be $2,961,889.
Yes you read it write compounding is great if done for 10 years.
You will have around $3,000,000 in 10 years of compounding.
It takes time because becoming rage is not a one day magic it requires your time and effort.
But the reward is equal to your work.
Compounding is the greatest way to become rich in the long run but it is actually the fastest way to.
Just a part of your monthly salary one day give you a million dollars. Just 10 years you will be able to live your life to the fullest.
Now in the end becoming rich is actually an internal thing, how rich you will become is based upon your mentality. Becoming rich is just and mentality there are no outer things which you can do to become rich but there are internal.
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