How to Get Rich?.
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by: Guest
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Red greenhouses or hotel? Believe it or not, the formula for reaching exactly the same as for playing the board game \"Monopoly \".
For example, you buy 4 green houses and trade them up for a big red hotel.
Now, I know that this example is simplified a bit, but what I just described is a true investment strategy by my wife and I used for building wealth.
And this exact same formula could not be more appropriate in today's economic climate, with the biggest downturn ever witnessed in the real estate market since records began.
Back in the recession of the early 1990s, with what limited money bought, we had, we have two properties at low cost has lived in one and leave the other.
But whenever the market improved, we traded our two small houses and bought somewhere bigger.
You could repeat that exercise exactly the same today, if you want.
Same Goes for Hamburgers and Coffee, too!
Even if you don't like real estate, you can easily apply the same principle to something else.
For example, you could build a business around an in-demand product, like burgers or coffee, and then the franchise.
Within a few years the resulting cash-flow may provide you with more money than you could possibly spend.
And that's just to do what the rich! In my opinion, the rich think differently from all other.
The problem is, if you do what everyone else does, then you end up achieving no more than anyone else.
And for the average person who is usually years of hard work, punitive taxes and a lot of debt - only to carry.
Money - The Route of All Embarrassment
Most people don't like to talk about money.
I think they find it embarrassing and bad manners.
But that's not how we do things in our household; in our family, we talk openly about money.
We exchange, share information and talk about how we spend and save money.
We also talk about how we invest money, too.
This is the way for younger children to schools in financial matters - by listening and learning.
So when they grow up, they too will have knowledge to handle money wisely and pass that knowledge on to their children.
So what's the problem with the school? One of my personal ordeal with the way we do things in this country is that sending children to school, hoping for a good job study.
However, we don't teach that child anything about money.
C. It is no wonder why so many people end up neck high in debt? In essence, to become rich, that's not what you do to change that, it's really like you \"think \" That has to change.
Going back to my simple example of the game of Monopoly; are you the kind of person that thinks buying four green houses and trading them up for a large red hotel is "hard", or are you the kind of person that thinks it's easy?
If you chose the latter, then already you have what it takes to become rich.
It is simply a question of implementation of the thinking process in action.
It doesn't really matter how small you begin!
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