How do you intend to become rich someday?
- Thread starter cherry123
- Start date
I want to become rich someday by building passive income so that i cannot shake or have financial stress when i do not have all the abilities i have now.i also want to lay a foundation for my children so that they do not suffer the struggles i have suffered.I do not want to worry about rent,food,health care or any unexpected expences and i can only achieve this when i have a litlle bit more than enough.
currently it is not all roses because of the biting economy where the cash burn rate is just too high as compared to the income generating rate.This makes it a little difficulty to save up and make investments.This is why i have to start earning extra cash aside from the money i earn from the offline work.My side hustles started with get paid to click sites and surveys and this was so limiting.i took so much time on this not until i discovered get paid to post sites but again even here it is also very limiting and boring because after a while you just start posting for earning rewards unless you up your game a little more and apply the recommendations that people share.
It does take time to be intentional and start learning skills that can actually make you good money of $100 to $500 a month which is not an over night thing even if you have a good product.You need to create a good product,master the art of marketing and sales and have a great team which is administration.
Then continue to duplicate viable projects or expand on what is already existing.In my case i am still with a few paid to post sites,faucets and get paid to sites.i am in the process to start teaching online and i am also a personal development coach specialised in personal growth and relationships,and also business growth.My greatest achievemnet aside from investing in ETFs was to create an offline store for refurbished electronics and gadgets which has just jump started my cash flow and i am able to earn a $10 almost daily offline hence the inactiveness lately.
currently it is not all roses because of the biting economy where the cash burn rate is just too high as compared to the income generating rate.This makes it a little difficulty to save up and make investments.This is why i have to start earning extra cash aside from the money i earn from the offline work.My side hustles started with get paid to click sites and surveys and this was so limiting.i took so much time on this not until i discovered get paid to post sites but again even here it is also very limiting and boring because after a while you just start posting for earning rewards unless you up your game a little more and apply the recommendations that people share.
It does take time to be intentional and start learning skills that can actually make you good money of $100 to $500 a month which is not an over night thing even if you have a good product.You need to create a good product,master the art of marketing and sales and have a great team which is administration.
Then continue to duplicate viable projects or expand on what is already existing.In my case i am still with a few paid to post sites,faucets and get paid to sites.i am in the process to start teaching online and i am also a personal development coach specialised in personal growth and relationships,and also business growth.My greatest achievemnet aside from investing in ETFs was to create an offline store for refurbished electronics and gadgets which has just jump started my cash flow and i am able to earn a $10 almost daily offline hence the inactiveness lately.
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You have not started trading yet upto now?what type of trading do you want to start with.I would advice you start with arbitrage trading then also are you okay trading indices or you want to enter the live market.I would recommend you start with babypips dot com.Remove the dot come and replace it with ".com" then you will have the full website.Check it out.
As much as I thrive to get contented with what I have now; avoid stress due to the desires I have, I also work hard to become rich. One thing I am doing is investing into myself through gaining knowledge and skills that will help me earn better.
I also strive to make diverse investments after calculating risks. I believe in investment more than mere saving because it makes my money grown.
I have also learnt to tame my expenditure. Living a frugal life helps me save more money that I can invest to earn more.
I also strive to make diverse investments after calculating risks. I believe in investment more than mere saving because it makes my money grown.
I have also learnt to tame my expenditure. Living a frugal life helps me save more money that I can invest to earn more.
I have dreams of becoming financially stable and secure in the future. My ultimate goal is to lead a comfortable life and be able to support my parents in their old age. Additionally, I have passion for animal welfare and dream of establishing an animal shelter someday. To achieve them, I plan to explore various paths such as starting a successful business, securing a high-paying job, and making wise investments.
I do not intend to become very rich. I just want financial freedom, not having to worry about paying my bills and can buy stuff which I need. I just want to live a simple and peaceful life.
I would love to become rich some day and have enough money that I was comfortable and stress-free but I feel that is the wish of so many.
At the moment, I have no plans on how I am going to get rich but I keep working and doing what I am doing and hope one day, it all pays off
At the moment, I have no plans on how I am going to get rich but I keep working and doing what I am doing and hope one day, it all pays off
Rich is a relative term. I have yet to know how much money one should have to be called rich I go for a comfortable living which I have.
- Thread starter
- #18
This is a good idea you can save up your money so that you don't even go broke even in the future
