Getting Rich Is Difficult, Here Are Some Shortcuts

by Mike on April 20, 2017

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Who wouldn’t want to be rich? Unless you don’t buy many things and you’re already a frugal person, then you probably want a large bank balance. However, don’t be fooled by get rich quick scams and pyramid schemes that promise that you’ll get rich. These are generally all scams or extremely unlikely to work due to their nature. There is no way to get rich quickly, so if you see something that is too good to be true, then chance are it’s because it is actually too good to be true and is a scam.

Accumulating wealth is difficult. It’s not just a case of collecting money from establishments that you’ve invested in, and it’s a lot of hard work if you work a regular job and live paycheck to paycheck. But everyone can gain wealth if they know how. Of course, the definition of rich really depends on how much money you would say counts as rich, but here are a couple of shortcuts to help you gain wealth.

Be frugal

Yes, being frugal is one of the leading ways in which people become rich. Just look at Warren Buffett if you want an example of a success entrepreneur that doesn’t waste his money on flashy cars and computers. Instead, Warren Buffett appreciates what he has in life and continue to live in the same how he bought in 1958. Being frugal doesn’t mean being cheap, it simply means that you know how to get the most value out of every penny you spend. If you learn the value of the items around you can always go for value (not cheap) buys, then you’ll be surprised at how much money you can save on something as simple as a grocery trip.

Claim money you’re entitled too

Whether it’s welfare to help you pay rent or money you’re owed by a friend or employer, you should never forget to claim money that is yours before it is forgotten. A great example of this is a personal injury. You have a whopping three years from the date of the accident to make a compensation claim with the help of a service like, but if you don’t do anything after those three years are up, then you’ll be missing out on a large chunk of money. The same counts for things such as inheritance money and cash back purchases. If you aren’t claiming the money you are entitled to, then you’re eventually going to lose out on those opportunities.

Sell old items

Whether it’s a collection of mint condition Pokemon cards that you’ve been hoarding or a computer that works perfectly but no one uses, then it’s time to get rid of those items for cash on a website like Selling unwanted items is not only a great way to make a quick bit of cash, but it’s also a fantastic way to declutter your house and make room for new furniture, or if you just want a spring clean to brighten up your home.

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