Every body wants to go to heaven but not one wants to die .

When people say they want to be rich majority of the time they focus on the money not the process and skills .
Some People have aspirations of being millionaires and billionaires but lack vision ,discipline and skills .The more you learn the more you earn Warren Buffett
You earn based on what you can produce.If your skills are limited you can still get rich by leveraging peoples time .If you don’t have a basic understanding of money working for you I suggest you learn .You don’t get rich by saving,you get rich by putting your money in capital appreciating assets .When someone asks me how to become a millionaire there are a few things I tell them. https://atomic-temporary-134540934.wpcomstaging.com/2021/01/15/the-most-inspirational-entrepreneurship-advice-in-decades/

• 1 Get financially literate

• 2 Be disciplined with money

• 3 Learn to do more with less

• 4 Learn about tax loop holes

• 5 Prioritize and dedicate

Let me dig a little bit deeper.GIving Value is the key .How can you use your skillsets to assist others ?Using your skills to assist and solve is the greatest attributes of rich people .There are countless ways to enrich yourself ethically .Before you embark on your journey it’s important to understand the underlying concepts. https://atomic-temporary-134540934.wpcomstaging.com/2020/01/30/4-of-the-most-basic-business-tips-that-spur-instant-growth/Some people get caught up chasing money thinking they will get rich and  that’s when problems start.Being financially unaware causes people to do desperate things.Remember  Money is a tool like a thing else.When you are dealing with money you are dealing with currency.Most people work for their money and get taxed to death.You will never get rich working for your money ,you get rich when your money works for you .Enriching others with value  is another way of getting rich.Everytime you interact with someone it should be about value.When you provide value people really can’t ignore you .For example lawyers charge like 300 an hour while QCs charge 800 upwards .You aren’t any different.How many times have you heard of consultants charging for their time ?Think  of a unique service or skills  you can  provide?Even more important you should always analyze and know what vehicles you should use to give you cash flow .Don’t just look at the money because that’s when you run into road blocks .Depending on what you want to achieve that’s how you determine what you want .You might want to seek investors for your start up or you might want to take your money and invest it in the stock market.Not all of us have the same approach to making our first million .You most definitely have to develope a skillset and use it .Skillsets is what makes you rich , It has nothing to do with secrets or handpicked people or being a genius.I know some of you are hoping there is a easy way to do it but it’s not.No one got rich easily .Some people might have had access to people and opportunities a little quicker than others but that’s about it .Even then there is a need for personal development .Being rich boils down to your  mindset and responsibility and action  .Some people lack financial discipline and don’t know what to do with money once they get it.Let’s Create another scenario where by you give money to a person that invest in capital appreciation assets the outcome is going to be totally  different.Hence why you see people win the lottery and go broke  because they don’t  know how to manage and grow money.To be rich you have to understand compounding interest .Compounding interest is interest on top of interst.Money needs to be saved but inflation eats up the value of the dollar.In other words the dollar loses value when the cost of living goes up .In a sense saving is useless if you don’t have any plans of growing your capital .Another piece of advice I will give you is to invest in some knowledge.Robert kiyosaki has some courses available .Start training yourself and implementing the tactics that other rich people are using to increase their net worth.Like I said there are many vehicles you can use to get rich so Focus .Your only goal shouldn’t just to be rich ,Your goal should be to learn as many new skillsets as you can and implement.Don’t limit yourself to any one opportunity because you don’t know where these opportunities will take you .You must also learn about tax loopholes to shield your money .Uncle Sam will tax you to death .Do some search on google to get up to speed on ways to reduce your taxes so when you make your first million uncle sam wouldn’t be taking 20 to 30% or more .Let’s go over a few do’s and Don’ts

Don’t get desperate

Chasing money is not the way to build wealth. Most people I see chasing money resort to desperate measures to get it .If you are patient and an intelligent investor you will capitalize and get richer quicker than you think .Exercise patience Like anything else in life  in order to achieve your goals.Yes we do have financial obligations and want the cash coming in .Remember being rich is subjective, Some people define rich as in freedom and happiness doing things  they love .In other words someone can make 60 k a year and be happier than a person making 1 million per year ,so in essence being rich isn’t limited to material possessions.As long as you are happy and reaching your goals that to me is rich .The next person might define rich as in having good health and 10 million dollars , you define what rich is for you.

Making mistakes is apart of the process

We all make mistakes, making mistakes is something we have to live with as entrepreneurs and people.I know mistakes are humiliating as is losing money but once you accept the fact that you will lose some you will be much more willing to embrace your short comings.

Get knowledgeable

Learning is fundamental in all that you do in life so Get as much knowledge as you can .Don’t hesitate to ask questions to learn .Get familiar with anything you have to learn  .Learn compounding interest .When you learn and understand the power of compounding interest that’s when you will better understand how money works for you.Compounding interest is interest on top of interest.Example , You in Invest in Apple , apple has subsidiaries and partnerships in other companies .As an investor you get the interest from other companies on top of the interest that apple is earning .

Conclusion

Being wealthy is not a one shot thing it’s  journey of ups and downs and on top that rich is a subjective topic matterDon’t  let no one define what rich is for you .Learn from others that are rich and associate yourself with rich minded people.Comment let me know what you think .