The eight ways of getting rich
It strikes me that there are only eight ways to get rich. Any one or more of these has the capacity to make you wealthy:
- Inherit from or marry a rich person
- Steal, commit fraud or some other crime
- Gamble
- Entertain or exploit some other personal skill or talent
- Own a business or represent other talented people
- Buy and sell goods or services at a profit
- Invest
- Limit your spending
The more of these you do, the better your chance of establishing wealth. Very few of them are free from moral issues, but that's something you'll have to work through for yourself.
Posted on Saturday, October 18, 2008 at 06:45AM
by
Ray Blake
in Budgeting, Taking action, Wealth
|
2 Comments
Ray Blake
in Budgeting, Taking action, Wealth
|
2 Comments
Reader Comments (2)
#1 & 4-8 are not questionable.
Well, I think it depends on the circumstances. If you marry purely to benefit from the wealth of your partner, that would be morally questionable, for instance. If you limit your spending to the extent that you neglect the needs of those who depend on you, or if you buy and sell unsavoury or illegal goods for profit, there may be questions also.
Thanks for taking the time to comment.
Ray