How can someone (realistically) become rich?

People say hard work but I%26#039;ve been working alot lately 14 hrs a day and honestly sometimes I feel like thats the biggest lie on the planet. So how does someone realistically become rich. I know being rich does not make you happy. Being rich free%26#039;s you of any type of burden to live your life to the fullest. If you want to travel you can travel, if you want to create a business, you need money to do so. It%26#039;s not easy when you are broke, yet you are working your best on measly paychecks and can%26#039;t even go back to school because you have to pay off school loans already, not to mention bills light gas, phone food and everything else by yourself, I am in my early 20%26#039;s and honestly i am just sick of th1s sh1t as far as jobs go. i want real answers thanks

How can someone (realistically) become rich?

Self-improvement is going to be your best way of making money. You need to learn how to make your money work for you. When you sell your brains instead of your time, that%26#039;s when you make money. The library is free, books at the library are free, and you can learn anything. You can also get CDs to listen to. I%26#039;d start with %26quot;Rich Dad, Poor Dad%26quot; and %26quot;Seven Habits of Highly Successful People.%26quot;

How can someone (realistically) become rich?

Working and saving is working for millions of us but starting a business works for about 20% of the people that do it.

Working hard isn%26#039;t as important as being worth a lot per hour. You can work 14 hours a day at $10 and hour or work 8 hours at $25. Either way you are working and if you spend it all you accomplish nothing.

You have to think future not this week. Saving is very slow the first thousand can take a year because everytime you are close you have something happen, but keep it up and eventually you will be working on your second thousand. Soon you will have enough for the down payment on a little house and can get a roommate so you are paying less than rent and start building equity. Then you can borrow on your house to buy another property saving your little house as a rental, do that every few years and you will own 10 rentals and be making a little profit on half of them. Then doing nothing but maintaining them you will be building equity, raising rents and getting cash flow. Once you are making $200 each on the 10 houses you will have 2,000 a month to put into new rentals until you have enough to support yourself and your entire wages can go to investments.

How can someone (realistically) become rich?

The real answer is that it is a lie they tell us to think that we to can get rich one day by just working hard. Realistically it does not happen that often. Real %26quot;rags to riches%26quot; stories are hard to come by. Even if they tell you it was they still had a rich relative or sponser who helped them with their idea by funding them in the beginning. Its sad but you could want to be rich your whole life and never get there just by %26quot;hard work%26quot;. And this pap about

%26quot;never having a negative though will make you a millionaire%26quot;

ok logic people

How can someone (realistically) become rich?

Rich should be heart not by finance.

In finance you can become by Hard work in positive way %26amp; good Luck not bad luck.

Do you know how long will you live?

Do you know when will you become sick and how much will you spent on sickness?

In financial view you should look people who are less rich from you.

It will make you feel happy.

You should dream but don%26#039;t make yourself un happy.

Be chearfull don%26#039;t get tension and Enjoy your life.

You can buy bad but you can%26#039;t buy sleep. (Honestly)

How can someone (realistically) become rich?

Try a year on the mines, particularly in Port Hedland. For example, at Broadspectrum, you work a five day week, 12 hours a day for $1800 a week. At Downers, apparently you earn $2600 a week before penalties (time and a half for Saturdays and double on Sundays). (But don%26#039;t work for Bilfinger Berger Services unless you want to get screwed!)

For the mind, I%26#039;d definitely suggest the Law Of Attraction, aka The Secret. It%26#039;s so full on, you%26#039;d have to classify it as a religion! But I know it definitely works. The easiest example is, you%26#039;re thinking of someone, and they suddenly call you on the phone. You can apply that method of thinking on purpose, with money, relationships, work.

My mum spends so much time on it with her business in mind. She now has a $800,000 10th floor apartment in the city on the foreshore. Her friends are marketers but they never have a negative thought in mind, hence their success. One of her friends made $4.5 million in a weekend. Another gets $800,000 a year by just coaching people about writing sales letters.

There is so much money in the internet - particularly writing sales letter. You can charge $15,000 per job. There are many free ebooks on the internet. The more you read, the more you will know from different people%26#039;s views. You can study a subject, ie how to write a sales letter and when you know just about everything on it, hold a seminar in the capital cities. You can make anything up to $1 million or more from just this.

Then you have your own products - cheap ebooks that you can reproduce on your own computer, have it professionally printed for $2. Have a set of CDs/DVDs of ebooks and you can sell them up to $1250 each. People crave information, even if it is readily avaliable for free on the internet but the market is there and cannot be satisfied!!!

In a nutshell, find a subject you know so well. Market it, write about it and sell it.

Becoming a surgeon?

Does this sound correct?

4 years of college

4 years of med school

4-5 years of internship/residency/training(this is when school loans are mostly paid back)

so after about 12-13 yrs, your a surgeon and the income is sitting pretty at probably 200-300k

Becoming a surgeon?

Sounds about right it also depends on what kind of surgeon you want to be. If you want to specialize you usually do a fellowship after your residency. Also loans can be deferred while you%26#039;re doing your residency. It seems like a long process but it goes quicker than you can imagine :)

Becoming a surgeon?

You prolly want to tack on another year or 4 if you want to be a surgeon. Depending on the type of surgeon you want to be, it%26#039;s not unheard of to spend 8 yrs in residency, fellowships, etc.

And you don%26#039;t get paid much as a resident. You won%26#039;t be paying much of your school loans back during that time.

But yeah, afterwards, you salary is really high (it%26#039;s realistic to have over a $300k+ salary).

Becoming a surgeon?

Sounds like you got most of the info correct.

It is actually 5-8 years to become a surgeon and this depends on the specialty. Neurosurgeon is the highest and can take up to 12 years to complete residency/training.

Anways, good luck! You seem determined and I hope the best for you!

http://www.pre-med.info

Help me decide where to move (NY v. DC)?

i currently live in the south and am ready to leave. i just graduated from law school so i need to find a job very very soon. i have the option of NY and DC, which are very cool cities. I haven%26#039;t been to NY yet but I love what I saw of DC a few months ago. i%26#039;ve never lived away from home before and i%26#039;m really attached to my family and friends in NC. I also have like $1k to my name, though I%26#039;d have a free place to stay in either location. i%26#039;m 25 and i want to work towards owning my own home and saving to start a business and paying off my school loans...where would you go?

Help me decide where to move (NY v. DC)?

mmmm.

That%26#039;s hard.

New York is a very diffucult and expernsive place to live, even though it is one of the coolest places ever. If you%26#039;re looking for a place to settle down, I%26#039;d definetly go to DC. For your case, I think New York is a little too rough to get started in.

How do I pick an accountant?

What factors should I consider when trying to pick an accountant? This year I got married, bought a house, my wife is in graduate school, and I am repaying my school loans, so I am expecting to make out pretty well tax wise and would like to get a start on the impending tax season.

Also, are %26quot;chain%26quot; accountants like H%26amp;R Block or Jackson Hewitt any better/worse than local accountants? Is it better to work with a smaller accountant from whom I can get personal service?

How do I pick an accountant?

Wayne Z is right. You might find it helpful to make an itemized list of income and expenses. Your question actually gives you a pretty good start. Then attach some figures to them. That wil allow a CPA, Enrolled Agent or a chain preparer to give you an estimate. Seek quotes now, before we all get insanely busy.

How do I pick an accountant?

I think your situation is straightforward enough that you could just compare their fees and go with the lowest. It%26#039;s not like you have businesses or trusts or other complex situations. So, don%26#039;t pay up for a superstar when any average accountant can handle it.

How do I pick an accountant?

I know people that work for Block that know more about taxes than anyone. I also know people that work for Block that screw up relatively easy returns. I have seen CPA%26#039;s that grossly undercharge and I have seen some that grossly overcharge. Find someone you like and who explains things well and who has more than a couple years experience under his or her belt. Your return isn%26#039;t the most complex but it also isn%26#039;t the easiest.

How do I pick an accountant?

Stay away from the chain accountants. !!! H %26amp; R really did a number on us and we had numerous amendments to do because of their lack of knowledge with business !

Ask around ... AND I mean ask around local businesses ... do not ask the dipshit down the road that you know is evading taxes somehow, or the guy who constantly complains about paying taxes and the government!! You want to do things right so later you don%26#039;t need a tax attorney to defend a mess some halfass accountant got you into. : )

It is definitely worth it to pay someone smarter than you to work for you when it comes to tax prep.

We found ours by asking around and then going there to basically talk to him. We had a good feeling with him. He even handled an IRS call that had us crapping our pants but he took over and told them where the bear shlts in the woods !! What a guy !!

CHeck out a few before making your decision. Make sure you are comfortable and he/she proves they are more knowledgeable than YOU with the taxes!

Can A Prospective College Student Apply For A Federal Grant To Earn A Degree?

I am a student attending junior college and will be transfering to University in Spring 2009. I%26#039;m looking into oppurtunities and options that will possibly help pay for college when I do. Is it possible to apply for federal grants to attend University to earn a degree? I%26#039;m well aware applying for financial aide and school loans within the college system, but is it possible to obtain federal grants apart from school? How does one go about doing it? What does %26quot;writing%26quot; a grant involve? How lengthy is the actual document? Can anyone please provide information? Thank you!

Can A Prospective College Student Apply For A Federal Grant To Earn A Degree?

Your first step is filling out the FAFSA (www.fafsa.gov) and making sure you are eligible for aid. Once that is done, you will probably receive information from the schools to which you apply regarding your eligibility.

Additionally, you can use engines like fastweb.com to search for private scholarships. It is recommended that you fill out the FAFSA even when applying for private scholarships because those with need-based applications will generally still want your FAFSA information.

Good luck!

I want a house?

I live near chicago but I guess i want a house maybe downsouth or around chicago thats not that bad.

im 24 school loans are about to come in I work fulltime as tech support . my credit is not so good because of my phone service in the past (cell phone i was 20 and dumb)and also a bank bill(not much will pay off) and 1 doctor bill id say im about 3,000 in debt not including school which is about to be owed. Well I dont have too many things on my credit so i have little credit infractions and people see this as little to no credit. I want to know whats a good plan to get a house?

I want a house?

-Pay your existing debt off (excluding student loans) 閳?this will decrease your debt to income ratio

-Make your student loan payments on time 閳?this will raise your credit by proving you can pay an installment loan

-Consider getting a credit card if you don閳ユ獩 have one. Use it and then pay it off each month. 閳?this will raise your score by proving you can pay a revolving loan

Another option would be that if you have a parent with stellar credit, ask them to add you on to one of their oldest credit cards as an authorized user 閳?with the understanding that you will never use the card. You will automatically inherit that card閳ユ獨 credit history, which can be highly beneficial for a young person.

My mom did this for me when I was 20 and it didn閳ユ獩 take long for my score to be in the 700s. I got my first mortgage last year at 24 and my lender nearly fell out of his chair when he saw that I had 12 years worth of credit history.

What Determines My Credit Score?

The five main factors that determine your Credit Score are:

Payment History (approximately 35% of your score)

The factor that has the biggest impact on your score is whether you%26#039;ve paid past credit accounts on time. However, an overall good credit picture can outweigh a few late payments which will continue to have less impact over time unless the late payment is a mortgage payment.

Amounts Owed (approximately 30%)

Having credit accounts and owing money doesn%26#039;t mean you%26#039;re a high-risk borrower. But owing a lot of money on numerous accounts can suggest that you are financially overextended and may be more likely to make some payments late or not at all. Part of the science of scoring is determining how much debt is too much for a given credit profile.

Length of Credit History (approximately 15%)

In general, a longer credit history will increase your FICO score because it shows that you can responsibly manage your available credit over time. However, even people who have not been using credit very long may get high scores, depending on how the rest of their credit report looks.

New Credit (approximately 10%)

People today tend to have more credit and to shop for credit more frequently. But opening several credit accounts in a short period of time can represent greater risk - especially for people with short credit histories. Requests for new credit can also represent greater risk. However, FICO scores are able to distinguish between a search for many new credit accounts and rate shopping. FICO scores generally do not equate your rate search with higher credit risk.

Types of Credit in Use (approximately 10%)

Your FICO score will reflect a combination of credit cards, retail accounts, installment loans, finance company accounts and mortgage loans. While a healthy mix will improve your score, it is not necessary to have one of each, and it is not a good idea to open credit accounts you don%26#039;t intend to use. The credit mix usually won%26#039;t be a key factor in determining your score, but it will be more important if your credit report doesn%26#039;t have much other information on which to base a score.

I want a house?

You are more likely to get approved for a loan if you have a substantial down-payment. So start saving.

And keep your financial nose clean - pay all your bills on time.

I want a house?

Unless you have a pretty good income, those past due bills and especially that student loan may keep you from getting the house you want. If your credit score is low, your interest rate is going to be out of this world.

I want a house?

purchase lease to own or owner financing..

I want a house?

your best bet is to contact a mortgage company like Quicken loans (stay away from countrywide!) and see if they can approve you for a mortgage. they will ask you a bunch of questions and run your credit report and will be able to determine how much you would be eligible for. Once you are approved, you will know what your limit is to buya house.

I want a house?

No magic to it. Get your debts paid off, start using credit responsibly and start saving money.

I want a house?

Whining and wanting won%26#039;t get you there.

Repair your credit. See if you can reach an agreement with phone company to pay if off, but paying less than they claim you owe. Pay your bills, pay all bills on time, pay down ALL credit cards, always pay more than minimum on credit cards, pay off all cards having only one with a balance. Six months of this can improve your credit. Start saving money for down payment on car, house. Pay your student loans on time every month. DEFER purchases, asking yourself whether it%26#039;s Need or Want. You don%26#039;t Need that plasma TV. Limit eating out and entertainment expenses. Don%26#039;t become a monk, but don%26#039;t spend every penny you earn!

You sound like you%26#039;re thinking ahead and will be able to do this. Planning and implementing will get you there.

I want a house?

Banks are highly ressistant to lending to anyone woth any past credit issues right now. They are concerned of default risks.

What to do.

1. pay off your small debts first.

2. continue paying on other debts.

3. save 10-20% of you gross monthly income after that.

4. find out your credit score. It%26#039;s not free, but it will give you an idea where you stand credit wise.

http://www.myfico.com/

Good Luck!

How to get approved for a house loan with VA guarantee, imperfect but improved credit, only few thou

Income $60K to $75K from Soc. Sec., VA Disability, and business ownership. Less than $3K debts payable, deferred school loan payments, Bkrcy over 5 years ago. no current legal actions. Now,clearing small neg. items on credit report total under $1,000. Choice of home value in my area +-$500K.

How to get approved for a house loan with VA guarantee, imperfect but improved credit, only few thousand down?

If you have your VA certificate then you should have no problem getting a loan. You have a guaranteed income (SSDI and VA comp) and you won%26#039;t need anything down.

I purchased a home a year ago and am in the same boat you are. I paid nothing down, got VA mortgage fixed 30 year @ 5.7% and a year later, all those lenders are knocking down the door trying to get me to re-finance.

As long as you have no judgements on your credit report then you should do allright.

How to get approved for a house loan with VA guarantee, imperfect but improved credit, only few thousand down?

its better for you to try for an online loan.bcoz lot of banks in online lend home loan even you have bad credit also.i think that th e below website will help you to find the right solution.