8 Steps to Get Rich? 

Though many people think getting “rich” is a daunting uphill climb, the truth is that with consistency and discipline, almost anyone can drastically improve their financial lives and may even build substantial wealth. Follow these steps, and you’ll be well on your way to getting rich too.

1. Make a Plan

A critical step in building your plan will be to develop or review your budget and adjust it as necessary so that you can start working toward your goals. Most hate budgeting, but some sort of budgeting method is critical to know where your money is going and make a plan to redirect money to where you want it to go.

Start with the highest interest debt, and try to pay beyond the minimum payment every month to pay it off sooner. Once you’ve paid a debt, take that monthly payment and apply it to another debt.

2. Focus on Debt Payoff

3. Increase Your Income

You can increase your income in several ways, including:     1. Developing new skills    2. Going back to school    3. Negotiating your salary 4. Hacking your 9-5 5. Side hustling 6. Building passive income streams

Investing is at the center of getting rich because it allows you to make money without working. Put another way, investing is how you can get your money to work for you without having to dedicate more time toward a task to make more money.

4. Invest

5. Make it Your Goal

Studies have shown that those who take the time to set goals are up to 10 times more likely to achieve them. However, setting a goal of “getting rich” won’t be enough. You’ll also want to make sure that you focus on your goal by making it more specific and realistic.

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