There are only 5 ways to get rich

“Being rich is more of a state of mind than a currency amount. The truth is , rich can be poor and the poor can be rich.”

One reason why millions of people have no margin in their lives is that they spend more than they earn. Debt is easily accessible and social media is causing all kinds of unforeseen outcomes. More people are unhappy and yet acquiring ever more things,

We all want to travel the world, buy homes,cars, etc, at all costs. people fund their lifestyles with debt and continue to dig deeper with no end in sight.

Debt is a like a drug because it is easy to acquire and has a potential to destroy one’s life.

Another reason most people spend more than they earn is that they’re with or married to the wrong partner.

This will sound controversial but there is a direct link between being with the right partner and becoming wealthy.

But luckily we are here to offer you 5 advices to start to change your lives, above all they will require commitment and sacrifice of believed “ things ” in our daily routine.

1- Investing.

Invest money in stocks, bonds, or other vehicles of investment that will give you an annual return on investment (ROI) great enough to sustain you in your retirement. Choose good stocks with solid fundamentals and excellent leadership in industries that are primed for future growth. Then let your stock sit.

2- Invest your free time.

you might like having free time, so you give yourself a few hours a day to do nothing. But if you were to invest those few hours into getting rich, you could work towards having 20 years of free time (24 hours a day!) with early retirement.

3- Avoid purchases that are likely to depreciate rapidly.

Spending on a car is sometimes considered a waste because it's likely that it won't be worth half that much in five years, regardless of how much work you put into it. As soon as you drive a new car off the lot, it depreciates about 20%-25% in value and continues to do so each year you own it.

4- Don't spend money on stupid stuff.

Spend over the earnings on things that you don't need. It's hard enough making a living but when you go on this way you probably will dig even dipper the role. Here are some things you probably don't want to spend that much money on if you plan on becoming rich:

Lottery tickets

First Class plane tickets

Drinks at clubs or candy at cinemas.

Eating out on a daily basis

5- Stay Rich.

It's hard to get rich, but it's even harder to stay rich. Your wealth is always going to be affected by the market, and the market has its ups and downs. If you get too comfortable when times are good, you'll quickly drop back to square one when the market hits a slump.