Financial well-being has always been the number one topic for many of our compatriots. In conditions when the average salary level in comparison with developed countries causes a sad smile, and decent work is not so easy to find, many people think about how to get rich from scratch, and this is quite normal. But if you constantly dream and do nothing, the situation will not change, and so it's time to decide on specific actions.
Choice of field of activity
First of all, you should choose yourself an activity that would not only bring good money, but also bring joy. And for this you need to look in the mirror and answer the questions: “Who am I? What are my strengths and weaknesses? What would I like to do in life? ” For some, this may seem strange, but the secret is that the work should be pleasant and enjoyable, and if it is not, then you should look for yourself a more suitable type of activity. The answer to the question of how to quickly get rich from scratch lies in professional knowledge and love for one's job. Without this, any work will soon turn into hard labor.
Good financial management
How can one get rich from scratch if money flows like water? Like it or not, planning is impossible to do without planning in this case. Install yourself the appropriate program if you often work with a computer, or get a notebook that you could take everywhere with you, and record all your expenses and income for the month. Despite the fact that this process is rather tedious, at the end of each reporting period you can find some very interesting things for yourself. Analyze the result, you may be able to find reserves of savings and save from a tenth to a third of the investment income.
Where to invest
Many sources, answering the question of how to get rich from scratch, recommend doing Forex trading. On the other hand, people who managed to get burned on this and lose capital (often there are good friends among them) advise to stay away from the foreign exchange market. What to believe? The fact is that brokers, telling how to get rich from scratch using currency trading, are often silent about the fact that this type of activity is not such a simple job, and statistics confirm that nine out of ten newcomers lose their initial funds . The truth, as always, is in the middle: you can earn on Forex, and very decent money, but for this you need to have strong nerves and good knowledge. How to get rich from scratch, if for now there are doubts about the first and the second is completely absent? Trust professionals!
For this, there are PAMM accounts and indexes of top traders. For example, MMCIS has such a tool as Index TOP 20, the average yield of which is about 10% per month, and the minimum deposit amount does not exceed one hundred dollars. And some PAMM accounts allow you to make investments starting from one dollar. After reviewing the statistics and choosing some of the best managers, you can correctly distribute your capital between them, thereby insuring against possible mistakes of each trader. If you nevertheless adhere to conservative views, choose a bank with such deposit conditions that would allow you to make additional investments and imply the calculation of
compound interest. If you invest a tenth of your income every month, then in a relatively quick time you can accumulate a pretty decent capital. Summing up, we can say that you can get rich from scratch - you just need to combine your strong desire with specific actions.