8 Ways on How to Get Rich

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1) Win the Lottery - this is probably the quickest way but also the hardest. You have to rely on a lot of luck and, if you know how to, some techniques that will probably increase your chances of winning. Probably.

2) Marry someone rich - sadly, I find a lot of Filipinas who think this is the only way for them to get rich. They marry foreigners just so they could have a taste of richness. Hey, call me old-fashioned but marriage should be about love and not money.

3) Inherit a Fortune - this is probably on par with winning a lottery. You probably have a better chance on the lottery than this. Not all of us have rich relatives. And if you do, please don't pray for them to die. And some of those that were lucky enough to inherit a fortune don't really know how to use the money they got.

4) Have a Profession - this is how doctors, lawyers, actors, chefs (the famous ones), interior designers, pilots etc. get rich. They have high paying jobs and most of them have the passion and love for their profession.

5) Work your way to the Corporate Ladder - I applaud these people who have really worked their way to reach the top of their company. One example of an inspirational rags-to-riches story that I know is of Sidney Weinberg. Sidney Weinberg started as an assistant janitor who made $3 a month. After many years, he became CEO of Goldman Sachs. You need dedication, patience and hard work to be able to pull this off. And not everyone can reach the top since traditional companies have only a limited position space for someone.

6) Work, save, and live frugally - this is for the ordinary people who can't reach the top or be a high-paid professional. If you're not a millionaire then live like one. And I don't mean spend a lot of your money. The common traits of millionaires are living below their means, manage their time, money, and energy in things that are conducive to wealth building, believe financial freedom is more important than high social status, etc. You can read about this in The Millionaire Next Door by Thomas J. Stanley.

7) Start a Business - take the risk of opening a business. Do some research and network with people. Not only that you get passive income, you also help other people get jobs. I will soon be doing this in the near future.

8) Invest - you put your money in the right financial product and your money will grow over time. For Filipinos, if you invest in the Philippine Stock Market now, you'll find yourself happy to know that your money is growing since the Philippine Economy is continuously growing as you read this. A friend of mine who invested since 2009 has reached a million pesos now because he took advantage of the growing economy.


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About the author

ljourn-llagas

Hi! I am Ljourn Llagas, 25 years old, a programmer and online earner since I was a college.

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