Want to Know How to Get Rich? Follow These 8 Steps

While you may think getting “rich” is impossible, the truth is that with consistency and discipline, almost anyone can drastically improve their financial lives and may even build substantial wealth.

What Does it Mean to be “Rich”?

Whether you call it financially independent, independently wealthy, or something else, being rich essentially means that you have an abundance of money or assets, enough to live your life how you want to.

1. Make it Your  Goal

First and foremost, you must make getting rich a goal of yours. Studies have shown that those who take the time to set goals are up to 10 times more likely to achieve them.

2. Educate Yourself

Financial literacy is a continuum and something you’ll constantly be improving. There is too much to learn about money and new ideas or concepts popping up every year.

3. Know Your Personal Finance Numbers

There are several critical personal finance numbers you need to know, including: - Credit score - Net worth - Total debt - Total savings - Interest rates

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