Everybody wishes to become rich, but most people fail to understand that there are basic principles that one needs to follow to become rich. Most people prefer doing all sorts of things to get rich quick, and in the process, they hurt cheat, deceive and steal from other people in order to make it the easy way. In the long run, they end up becoming poorer than they where before their quest to make it the easy way. Being rich does not only entail having enough money to buy all that a man" s heart desires, it is also a thing of the mind. This article will focus on those principles necessary to be followed in order to become rich.
first of all, Any individual who strongly desires to become rich must have an idea of what he truly wants, how and where to get it. If becoming rich is your desire, then it should be given a definition that only you understands the way it should be understood. What riches mean to you is not what it might imply to your nearest neighbor, therefore it is very important that you give it your own definition that suits your own taste.
Secondly, you must maintain your mindset to focus on how to become rich. You have to learn how to become rich in the mind before it manifests in your outward appearance. This is achievable by filling your mind with positive thoughts that support riches and not thoughts that support poverty. You must free your mind from doubt as it is the greatest weapon that destroys long period of positive thinking. Maintaining a positive mindset will help you to counter the obstacles and challenges you may face in the process of becoming rich.
Thirdly, you must engage in something that gives you income, no matter how small the income might be. You cannot expect money to fall form heaven for you. Try to engage in something that will provide for your daily needs. Begging for money in the street is not part of the consideration. There is something you must do in order to earn. This may differ according to individual differences and capabilities.
The next principle that follows is savings. Anybody that desires to be rich and maintain being rich must devise means of saving part of what he earns. Whatever percentage of your income you decide to save depends largely on how fast you plan to reach your target. You can open a separate account for your savings, which should remain untouched unless you are in dire need of it. You should not forget to minimize your spending in order to save more. Spend your money only on things that are very essential to you.
The next principle is setting a target. You must set a target of how much you desire to acquire over a given period of time. This target helps you to have focus on the exact amount that you will reach for you to consider yourself a rich man.
Riches are not acquired by individual wishes, but through basic principles of life can a man attain that status of being rich, and that is exactly what this article has clearly pointed out.
INVESTORS COMMUNITY
Thursday, October 15, 2009
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