Friday, July 20, 2012

The best way to get rich...?

Let's talk about

MAGNATES

today... Who is a magnate? To put it simply, it's a person who is very wealthy and powerful, especially in business or industry. (Listen to how this word is pronounced.)


Who are the top three magnates in Poland? According to this source, these are:
1. Jan Kulczyk with his assets worth PLN 8,9 mln
2. Zygmunt Solorz-Żak with his assets worth PLN 8,5 mln
3. Michał Sołowow with his assets worth PLN 5,5 mln

Hmmm... Wouldn't it be nice to join this team of Polish magnates? How? I guess I am not the first one who poses this question... I think you can get rich in three ways:
1. You can get rich through a career.
2. You can get rich through investing.
3. You can get rich through saving money.

Now, let's look at each way a bit closer. How to get rich through a career? Well... First you need to choose the best education path for you and you need to excel at what you do. You need to become a real professional by knowing your area of specialization like the back of your hand. Then you need to find a good employer and thrive! Of course, finding a good employer is connected with choosing the right location. If you stay in a little village, I guess, you won't have as many options as if you went to London or New York :) Once you have a good job, you will grow professionally, and you will become a valued employee, which gives you then more opportunities to seize with other employers who will be willing to pay you more just to have you :) Doesn't it sound nice?

What about getting rich through investing? Easy! First you need to invest money in your education and obtain valuable degrees so that you become a valued professional in your discipline. You can also invest money in the stock market provided you first invest in the know-how of stock market playing. It's also a good idea to invest in real estate. These are considered rather stable assets and can usually guarantee nice returns on your investments :) If you have some sixth sense or if you can invest in good research or if you have your spies here and there, you can learn about which land is worth buying in areas with potential to grow soon. Once  you have this information, just invest and wait for this land's value to increase over time... A piece of cake, isn't it?

How about  getting rich through saving money? This seems to be the hardest way as people would generally like to make money quickly and without too much effort :) Adopting this way of getting rich means that when you get your salary, you must not spend it. You just put as much money aside as possible and then you fight your temptation in order not to touch this money :) It's very hard, I know it way too well! Of course you need to find a good account for this money and then watch the money grow. This way of getting rich also requires that you make your monthly budget and make sure you never go over it. This is really tough. But as they say: Where there is a will, there is a way :)


My question to you:
What is your way of making money?









2 comments:

  1. "Ask and it will be given to you; seek and you will find; knock and the door will be opened to you. For everyone who asks receives; he who seeks finds; and to him who knocks, the door will be opened. Which of you, if his son asks for bread, will give him a stone? Or if he asks for a fish, will give him a snake? If you, then, though you are evil, know how to give good gifts to your children, how much more will your Father in heaven give good gifts to those who ask him!"

    I've got a rich Father so I really don't have to care about money :)

    ReplyDelete

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