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Tortoise or hare? Get Rich Slow or Fast

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By : Daegan Smith    99 or more times read
Submitted 2012-09-28 12:13:59
Which of the two do you like better? In terms of making it to the top, which way would you rather choose? Get rich slow? Or get rich fast?

We move in a very fast world. We could get most anything in an instant. Who would not want to get rich quickly? Hey! Definitely I don't mind getting rich right away! But is it really possible? Is it really worth the expectations or is it just a mere expectancy?

Get rich fast methods have long pervaded and had many people interested into trying out such schemes. However, they really don't turn out that way. You are still reading on this article, definitely, the get rich fast didn't make it. Most of the get rich fast schemes, like the pyramid schemes, only waste your hope for that dream that never materialized.

It is the attitude one acquires with a get rich fast mentality that keeps one from achieving the end. Imagine, from the very start you psyched yourself already to expect big dough at a given period. You would not be preparing anymore for your tomorrow. It would be easy for you to say, 'money will come, money will come.' You end up spending wastefully, but at the end of it, no big money.

Don't be bothered though. The get rich slow method could actually work to make you rich. Get rich slow would not take you a lifetime. It is just a matter of putting things into their proper perspectives until you can afford to be leisurely, until you are rich!

Know and focus on your goal and constantly work on it. It is through the careful and calculated steps that could lead you the way to the top.

Save up

You could get rich slowly through saving. The secret to effectively do this is for you to save first before spending, not spend first then save what is left. This is quite difficult to do considering the consumerism of our generation, but this is tried and tested! At the start of each month, deposit 10% of your income to the bank. You have sure money equivalent to a thirteenth month pay at the least!

Spend less

There is a common notion that as your means increases, your necessities and wants also increase. However, to get to the goal of getting rich slowly, you must keep yourself disciplined. Do not consume more than what you need. Make smart decisions when you spend your money. Do you really need it? Is this really useful? Will this really make me happy in the long run or am I just satisfying a passing fancy?


Make the most of anything you have or you own. Consume down to the last drop or down to the last fiber, before buying yourself another one. Take your groceries for example. Imagine how much you could have saved from the commodities you have to dispense with because they are beyond expiry date already.

Don't throw out things right away. Things that are not of good use for you anymore might be good enough to be bought by someone else in a garage sale. You can even try to earn from your trash through recycling. Every cent is worth saving.

Carefully plan the risks

You will find yourself taking positive actions to earn extra money, but when you do, study everything! When you do take out that cash from your pocket, make sure it goes to a good investment. Purchase something that increases value in the long run. Start a business that has a good market. Do everything to make it work out and bring in money to you.

Invest on yourself

Constantly improve on yourself and increase your own market value. Attend seminars and trainings. Pursue further studies. Obtain much experience as you can. You don't expect to do the same job and receive the same salary forever. You have to aim high, to be the best of whatever field you are in now. This will take time but before you know it, you are climbing your way up there.

Of course, you must also take care of yourself. Engage in healthy lifestyle. Give yourself ample rest every now and then. There is truth in the saying that health is wealth. You can never do any of the things mentioned above if you are stuck sick on your bed. Or imagine that money you saved up spent on the pharmacy! You surely don't want that.

We've all heard the story of the tortoise and the hare. We all know the moral of the tale. We only have to apply it to make it to our own goals. There is nothing wrong in wanting to make it rich in this lifetime, since we've only got one. That is why we have to make sure that the considerable amount of effort and time we exert on our everyday must bring us a good future. It is possible!
Author Resource:- Chaussures timberland Daegan Smith is the leader of the fastest growing team of successful home business enterpernuers on the net. Find out how we're creating financial freedom all across the globe and how to get in on the action FREE => Team Blog:
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