There is no magic to wealth

Continuing from yesterday's post about money "fate". Marie Callas states something like there is no magic that will give us the riches we desire. So in order to realistically improve our money situation we must first learn about making money from someone who’s done it. After all it is only logical that we go to school in order to learn a profession, why wouldn’t we do the same to learn how to make money.

There are plenty of ways to help you become wealthy - be it starting your own business or learning how to invest. All of these wealth generating methods have a steep learning curve and aren’t easy to master. As a matter a fact you will probably fail the first three or four times. However with perseverance you will be successful. The only way you can really fail at it, is if you will stop trying.

Next step should in my opinion be combined with previous. Money management will be a key to your long term success. Have you heard of lottery winners who after winning millions, go broke within a few years? The only reason that happens is lack of money management knowledge. So in order for you to be able to keep your new found fortune, you must learn how to manage you money.

These tips might seem very common sense to you, and they are. The important thing is that they work. There are countless examples of people going from rags to riches. Every single one of those people followed some version of a plan I described above.