Is It Really Possible to Get Rich Quick?


Seeking income solutions? Check out our dividend strategy motifs.

If it were possible we’d all do it, or so the saying goes. Getting rich quick is appealing for all kinds of reasons, not least the fact you’d have no money worries and you could achieve most if not all of your dreams. But can it actually be done?

How long does it take?

The whole idea behind getting rich in a hurry is to amass as much cash and wealth as you can in the shortest possible time. However we all have very different ideas of how short this time period should be. For example I might think six months is a short length of time, whereas you may think along the lines of a week or so. We all have different dreams and expectations.

How can it be done?

There must be a zillion ways to do it. Even in product creation realms there are an infinite number of products that haven’t been thought of or created yet. If you could think up and create one of them it could make you rich pretty quickly.

Let’s get to basics here. No one ever got rich from working in a regular job. If you work in this capacity you will only ever help make someone else rich. You need to be serious about amassing your own wealth and that can only come from one or both of two methods – investing and/or earning your own money.

One thing you must have in order to successfully get richer through your life is knowledge. You need to know what works, what doesn’t and how to maximize your efforts. For example if you want to amass more cash more quickly, you need to trim your outgoings as well as bringing in more money. You could say there are many roads that can lead you to your ideal goal.

Of course the fastest way to get rich quick is to buy a lottery ticket that just so happens to be a big winner. But we all know that is incredibly difficult to do. So you have to find your own way of making the cash you need. This can be done in all kinds of ways. You can be an affiliate marketer. You can cash in on all manner of skills or abilities you may have. In short, you must find the way that will work for you.

Getting rich quickly is subjective in nature. Most of us would be eager to amass lots of riches in a matter of days or even minutes if we could. However you should think of it like this. Getting rich in the next 12 months would be a great achievement if you could make it happen, wouldn’t it? To this end, the speed is not the most important thing to think about. Instead you should focus on the means and the opportunity. If you get this bit right you will certainly gain more wealth than you would otherwise have done.