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Getting Rich is Simple…But It Ain’t Easy!

--> 14 12 2006

by CultivateGreatness User BVWilk

After several years of research, reading all types of money making books, investing in all types of business opportunities, my wife and I have finally realized the simple formula that’s helped many people become financially free.

Look, I’m NOT going to pretend that I have the magic formula that will: make you $100,000 in 3 minutes while you sit on the couch, or allow you to retire next week without ever leaving the house!

Now, I’m not saying that the folks who sell those programs are lying because I haven’t done them all, but years ago, I tried a couple of them and let’s just say the only thing that happened while I sat on the couch was I made an imprint!

Let’s face it: If you truly want to get rich & achieve financial independence, it’s going to take some work! However, if I told you that you could become rich and increase your net worth (regardless of how much money you currently make) by using a tried and true formula that consists of 3 simple steps, would you believe me? Well you should, because it works!

How do we know? Because We Have Used This Formula to Increase Our Net Worth Five Fold in just 4 Short Years!

I can’t guarantee that this will happen to you in 4 years. It could happen sooner or it might take a little longer depending on your situation. But, what I can guarantee is that if you follow these three simple steps, YOU WILL ACHIEVE FINANCIAL INDEPENDENCE!

Look. I’ve spent many years (AND DOLLARS) looking for ways to become rich and financially free. I can honestly tell you that of the many things I’ve tried, some worked and some didn’t. Instead of getting upset about the things that didn’t work, my wife and I had a conversation and we simply asked ourselves, “Of all the things we’ve tried that did work, what did they have in common?” And that is how we were able to come up with the simple 3 step formula that we’ve been following for the past several years that has allowed us to walk the path towards wealth and financial independence.

Before I share the formula with you, let me just answer one question so that you can decide if I’m someone you want to listen to or not:


I think if you were to ask ten different people this question, you’d get ten different answers. So, what I consider being rich might be totally different than what you consider being rich. However, financial freedom for me was the point where my wife and I did not have to have a job in order to sustain our quality of life. Now I’m not saying that having a job is a bad thing. But the key is working somewhere because you want to, not because you have to! And being financially independent will make it much easier for you to decide if you want to have a job or not.


Well, as I said, it’s a SIMPLE formula that consists of 3 actions anyone can take. It is not some sort of “Holy Grail” and because of its simplicity, it’s something that you could have (and probably would have at some point) figured out on your own. So, it doesn’t do me any good to charge you for information that has always been right at your fingertips.


As I mentioned earlier, it is 3 simple actions. The greatest thing about the formula is that you don’t have to do the steps in any particular order. You can do them one at a time or work on all three simultaneously:

    Step 1: Debt Reduction

– In order to get rich, you have to reduce the amount of debt that you owe others. It is important to know that not all debt is bad. Good debt is that debt which helps you to become richer. As one famous author puts it, “Good debt is that which someone else pays for you”. Your goal should be to get rid of bad debt first and then work to eliminate good debt.

    Step 2: Expense Management

– In order to get rich, you must manage expenses. You need to identify where you are spending your money and then determine what is absolutely necessary and where you can trim. This doesn’t mean you have to change your way of life, but instead take better control by being prepared. Your goal should be to prepare for new expenses in advance while minimizing the risks of being caught off guard.

    Step 3: Multiple Income Streams

– In order to get rich, you must have more than one source of revenue. So often I hear people say, I could be rich if I just got a higher paying job. Believe me, there are rich people who work at jobs paying less than $30,000 annually, and there are people making over $100,000 annually going broke daily. It’s not as important making more money from one source of revenue, as it is making money from more sources. Think about it: if you make $50,000 from one income stream (e.g. job) and you lose that job, you are temporarily doomed. But if you make $5,000 from ten income streams (e.g. businesses, stocks, real estate, etc.) and you lose one (maybe the stocks tank), you still have $45,000 coming in. There are tons of books, seminars and courses you can take on building streams of income. Your goal should be to always have 4 or more income streams going.


Why do I say that? To me, simple means everyone CAN do it, while easy means everyone WILL do it. So now that you know you can apply it and get rich, will you?

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One response to “Getting Rich is Simple…But It Ain’t Easy!”

18 12 2006
John Dawson (10:21:14) :

Great article! It’s all on the individual to make it happen. I totally agree. Thanks so much for the insight!

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