How do you get rich? A question that countless people are looking for an answer to. Money fascinates and money promises a lot. Who should describe a perfect life, almost always calls wealth as a deciding factor. Get rich is for many a life goal, a motivation to get rich to give everything and to endure all the stress. One day, all this should pay off and show on the account. But how can we achieve such a big goal, where reality shows time and again that very few get rich? If it were easy, eventually everyone would become rich, make millions and enjoy their lives on a sunny island. Such wishful thinking can be a nice fantasy, but it does not take you a single euro. But getting rich is not impossible . With these tips it can work …
Get rich: money rules the world
People already know that money is not everything and money alone does not make you happy . And yet everyone wants exactly that. Money, money and more money . Almost everyone secretly or openly dreams of becoming rich. This manifests itself in very different ways. Some people work until they drop, pushing overtime and special shifts and are happy about any additional earnings.
Others are lucky enough to play lotto every week and are waiting to be kissed by Fortuna . As you know, the chances of winning the big jackpot are around 1 in 140 million, and most of the lottery players are on the negative side, and only a handful of winners get really rich.
Even the very idea of how much some people earn, amazes and disbelieves. Footballer Cristiano Ronaldo earns around 45 million euros a year just for the sport, not counting his other sources of revenue, which make up another 30 million euros.
At the top rank Amazon founder Jeff Bezos and Bill Gates, founder of Microsoft. In the current Forbes list Bezos ranks with a maddening fortune of estimated 131 billion, leaving the 96.5 billion of gates almost knocked off – which probably should not really care.
For normal earners absolutely unimaginable sums. According to the Federal Statistical Office, the average gross monthly income in Germany was around 3,771 euros, which corresponds to a gross annual salary of 45,252 euros. If you round a little, it would take you a whopping 1000 years to work out an annual salary for Cristiano Ronaldo.
Becoming rich means a better life for many
Hardly anyone is under the illusion of becoming rich. What should one do with all that money, when it is so much that one life is no longer enough to spend it? But it does not have to be tens of millions or even billions. Wealth – also in financial terms – can mean something different for everyone.
However, getting rich also has some similarities, so everyone expects something from having a lot of money. There are some classics that almost always apply:
No more financial worries.
In the first place of the reasons to want to get rich lies financial security. Do not have to turn over every euro twice, do not look to the end of the month with worry lines and do not constantly have to pay attention to the price tag when shopping.
Desires and dreams can be realized.
The long-awaited dream trip around the world, a new car, a home for the family or the many other things for which the money has never been enough. To become rich means to finally be able to afford everything that was previously only dreamed of.
Improve status, reputation and recognition.
While this is not always the case, getting rich is often equated with better social status and greater recognition.
In short, being rich promises a better life, which is why it is only understandable that so many people aspire to it.
Tips: So it works with the rich
The hard truth: There is no royal road that makes you rich. If it were that easy, it would be well known everywhere and everyone would have made a small (or big) fortune. Nevertheless, many offers with the desire for more money and promise exactly that: Get rich, best still without work, the money comes by itself, without you even have to make a finger crooked.
If you see such offers, you should keep your hands off it . In the end, there is always only one rich – the provider who exploits the hope or despair of other people and only fills his own bag.
It will be difficult in any case, but it is not completely impossible and so your dream of becoming rich does not necessarily have to stay that way. And if you do not want to make millions, but the project Reich will be a little more realistic and frugal tackle, the chances are not bad that you can earn enough money and save to fill your account and make wishes come true.
You can get rich with these tips:
Think long term
You will not get rich overnight, unless you are actually the one under millions who wins the lottery. Otherwise one succeeds to get rich above all by a property: patience . No matter which way to more money you decide, they all take time, usually several years and your fortune will usually not make any jumps, but slowly develop.
Reduce your costs
The first thought of getting rich is making more money. However, just as much success promises if you reduce your costs and save money each month . Cheap shopping, save electricity, maybe even move to a cheaper apartment, leave the car more often and instead take the bike or walk . Already comparatively small savings quickly make many thousands of euros in the long run, which you have more available.
Do not leave your finances to chance
If you want to get rich, you have to deal intensively with your financial situation . This is not a pleasant and not always an exciting task, but absolutely necessary. How much do you earn? What are your running costs? What is left at the end of the month? What do you spend the most money on? Are there any loans or other expenses that will become less over time? A detailed budget book can be the best solution and a true miracle weapon.
Only with a complete overview of your finances can you work to become rich. The rule is: start as early as possible . Getting rich takes many years, as already mentioned. So do not put your finances on the back burner, but start taking care of them as soon as possible.
Those who do not begin to deal with the topic until the mid-40s have already wasted many years, which could have been used much more meaningfully.
Invest your money
You will not get rich by just putting money on the high ridge. It is better if you let it work for you – because what Jeff Bezos can do, you can do on a much smaller scale. Stocks are a particularly popular asset that can pay off in the long term with the right risk management . The rule is: Never put everything on a card, but look for a diversified, secure share package.
In addition to stocks, you should also invest in other forms of investment. Popular and also an appropriate means to get rich are real estate . However, these usually require a higher start-up capital in order to invest at all.
When it comes to investments, in case of doubt, advice from the expert is always recommended. It can help you develop the right investment strategy, help with questions, and help with uncertainty.
Invest in yourself
You become rich through your personal achievements, achievements and abilities. If you are good at what you do, you will get more money, and as you build your skills, you become a valued employee and become a sought-after expert in your field. The more you invest in yourself, the greater the likelihood that you will become rich.
It’s not just about financial investment, it’s about time. Take the time for further education . Use your free time to deal with important topics and deepen your knowledge. You are your greatest asset – learn to use it to get rich.
Build several legs
A secure job with good income is important and the first step if you want to get rich. It is even better if you create additional income and you succeed in receiving money from various sources . This can be a second job that you accept or even a self-employment that you pursue next to your job.
This is certainly not easy and involves a lot of stress and effort , but if you want to get rich, it just takes that extra effort. To have more than anyone else, you must be willing to do more than anyone else.
Do not be satisfied
Gratitude is important, but you will only get rich if you are not satisfied with what you have already achieved. You can come to terms with your salary, accept that this will barely grow for the next 10 or even 20 years – or you will retain your ambition , even if you already earn well and want higher.
Do what is necessary
That sounds very vague, but it is a serious tip to get rich. Of course, this does not mean that you should rob a bank or seek a rich partner, but that you recognize what is needed on your path to become rich. For example, this may mean that you have to relocate your center of life in order to use your talents where they are really in demand.
It is also conceivable that you have to change your employer again and again in order to climb the career ladder and to achieve a salary increase with every change. That may not always be easy , but it may be necessary.
Give 120 percent at work
Beyond winning the lottery or becoming a superstar, the best way to get rich is not really a secret: work hard , do your best at the job, and do not let it get you down. The other tips are additional ways to save money or increase your earnings, but you can lay the foundation for your work.
To get rich through the job , it also depends on the industry . Even the highest salaries in some areas just approach the starting salaries of other industries. Again, it shows that long-term planning is essential. If you want to get rich, the school time, the course of study or the training and especially the career choice is crucial.
Hard work may not be the bright and glorious path that many imagine wanting to get rich, but it is still the one with the greatest likelihood that you can most certainly influence yourself. Unless you still want to bet on the 1 to 140 million chance of winning the lottery instead of trying it with continued good performance and motivation.
At what age do most people get rich?
Unfortunately, many people pant the dream of becoming rich after a lifetime of failure. But who creates it and becomes a millionaire, but should still bring a little patience . An American study shows that at a young age very few get rich, most of them (if at all) only make it to the end of their working lives.
So the study results are also compact:
- The average millionaire attains this status at the age of 58.5 years .
- The average US millionaire will do so at the age of 59.3 years .
- On average, both men and women have managed to invest nearly 20 percent of their income in equities.
In addition to the relatively old age, a further aspect should be emphasized above all: rich people will be the only ones to do so through valiant and consistent consumption abstention. Saving a fifth of your income is not a cardboard style.
As a rule, it’s not just the one-off million dollar deal you get rich with – it’s years of consistent work and sacrifice .
You should surround yourself with these people to get rich
It may be your personal goal to become rich, but the road becomes stony if you want to go completely alone. It is more successful if you surround yourself with the right people , who will be there to help, provide guidance, or even correct you. These are particularly desirable:
True friends that you can always rely on and trust in blindly. These fulfill a number of important functions: Firstly, they help you to stay on the ground and realize that money is not everything. At the same time they offer a good balance to the stressful and stressful everyday life. Last but not least, it is the people who you can really trust, when it really works out with the rich – because at the latest then suddenly appear many apparent friends.
Giving up is the easiest way, but it also guarantees that wealth will not work out. It takes motivators to persevere, encourage you, and help you stay on the ball. This can be companions who share your goal or even friends and family members who support you again and again.
In many situations it is extremely helpful if someone gives good advice. A mentor can be just that person on your way to a great fortune. He is a consultant, coach and critic in personal union and stands with all questions or problems with words and deeds aside.
Finally, you should look for role models , people who have already made it and whom you want to emulate. You should not copy, steal ideas or try to follow in the footsteps exactly. Rather, you should learn from your role models, benefit from their experiences, avoid mistakes that have made this and be inspired.