ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

How to Get Rich...Slowly

Updated on February 23, 2008

Part 1: The Rich Person's Mindset

In the ultra-modern, western world there is a propensity for making the quick, big buck with the thought that suddenly all of life’s marvels will be at hand thanks to the all-mighty dollar, pound, euro, yen, or whatever currency you fancy to spend with unyielding earnest. However, the reality of becoming rich is much grayer if the road to fast riches is your desire. The simple fact is that, with few rare exceptions, making money takes a long time. However, not to worry. The beauty about making money over a long time is that with each new day, you have more.

The first step in becoming rich is defining what being rich is to you. This means knowing how much is enough, or if you simply wish to keep on making gobs of money throughout your life, as with people like Bill Gates and Warren Buffet. Once you’ve defined what “rich” is to you, the next step is to get serious.

Get serious. Start thinking not about what you will do with a lot of money, but how you can go about getting this money (anybody can spend money; it takes the true entrepreneurial mind to gain this resource). A great step is to begin telling your friends about your quest. As this process takes hold, you’ll find friends who share your desires. You may even get some great new ideas on how to gain your riches. Either way, by finding like-minded folks, gaining wealth comes closer to reality.

If, however, you find that your friends don’t really share your enthusiasm for making money, it’s time to make some friends who see a similar vision. One item that must be realized is that many people find discussing money gauche, even rude. I contend that this is a mistaken belief. Money is not the root of evil, as people mistakenly accredit to the Bible (though the love of money is certainly to be found in that holy book) and the pseudo-politically correct assertion that money is unnecessary is just plain blarney. It is greed and larceny that should be shunned, not money itself.

A great way to make friends who are interested in making money is by simply talking about it at parties –this includes not only speaking about the matter, but of asking many, many questions of everyone who will listen. Likewise, economics classes and Learning Annex classes specializing in moneymaking, and other such public forums and workshops all offer a fertile ground for making new money-interest contacts.

Another great source of ideas and encouragement in the pursuit of riches is the written word. Periodicals and newspapers like Barron’s and The Wall Street Journal will start one onto the road to acquiring a lexicon of money, a mindset for making money, and even contacts for differing fields and ventures that can lead to making money. To take this a step further, look into joining chat rooms and clubs that specialize in starting businesses or investment. As well, don’t limit yourself to one concept or the other. While a small successful business can make money for you faster than investment, investing your money intelligently tends to provide a solid, if lesser, return on one’s money. Yet both will lend you knowledge of the world of money matters, and that is indispensable in any money-making milieu.

This article covers the theory and beginning action towards making a lot of money, if only over a long period of time. The next step, found in part 2 of “Getting Rich…Slowly” will cover the next wave of actions that will help to bring this dream to reality.

Next Lesson: Habits of the Rich http://hubpages.com/hub/Getting-RichSlowly--Part-2-Proper-Habits-of-a-Rich-Person

The Trek to Riches is Slow...and Rewarding

working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)