You can't get rich in a matter of days. At the very least, it will take years, even decades, to become rich. This article will not show you how to get rich fast, but will guide you to get rich slowly.
Step
Step 1. Save money
Save every penny you can save. For example, to save money, you can drink water instead of coffee, and cook instead of going to fast food restaurants. Also, don't forget to cut credit cards.
- The first step to wealth is discipline. If you really want to be rich, find a way to be disciplined. After that, you will find that the money spent on shopping will be better invested. You may have to break some habits (this can be a source of trouble, especially if you are married), but you have to deal with it. Save every rupiah you can save, then open a 6-month time deposit at the bank.
- The point of this step is to save cash. This savings is not for retirement, but to be used when you need it. Investing in goods or stocks at this time is not the right time, because of uncertain market conditions. Today, cash provides more investment opportunities, and those who invest in goods or stocks do not own them. They cannot sell their goods/shares when market conditions weaken. This condition causes investment in goods/stocks to no longer be profitable. Those who save on deposits are guaranteed profits and peace of mind. In addition, because savers usually spend their money with care and discretion, their inflation rate can be regulated. To get rich, save cash.
Step 2. Enrich your horizons, and deepen whatever you are passionate about so that it can make money
- Choose a hobby, interest, or thing that you enjoy, then find a job in a field that supports it. For example, you can become a salesperson or secretary. Learn how your favorite thing can make money from scratch. By working, instead of going to school, you will earn money while you study. The job you get may not be fun, but there are no shortcuts to getting rich,
- After work and on the weekends, every day, learn everything about your chosen subject. Go to fairs, read magazines about your chosen field, and talk to the people who do business there about the business climate and suppliers.
Step 3. Wait for a volatile market, and transform your business
Market instability is inevitable, though not always fast. You may need to wait years for the opportunity to arise. The business climate in this country consists of two cycles, namely ups and downs. At high tide, smart people sell their businesses, and at low tide, the would-be rich generally spring into action. You will know the ups and downs of the business climate, because you know the inside and outside of your field. With the cash you save, you will be ready to work.
