Nobody should say that getting a job is the way to get rich.
Getting a job is a necessary stepping stone on the way to making yourself rich, but as long as you're working for other people, they'll always get way more work out of you than they'll ever fairly compensate you for.
Don't work hard to make somebody else rich, use that paycheck to build your own business. Even a tiny one. Even if it fails and you have to get a job again. Work as much as you have to, but keep trying to eventually work exclusively for yourself.
No your just joining the rat race. The only way to get rich is
1. Be born rich and left money
2. Have a high paying profession
3. Gamble your money on a high return investment
4. Have lots of people working for you that earns you money.
Contrary to what your told no one gets rich off of their own sweat as they are too busy working to earn money
I never graduated high school, I have a GED. I earn more than my sister, and more then my father when he was still working. They both graduated high school. I'm earning nearly as much as my mother, who is a nurse.
My boyfriend, who doesn't even have a GED, is earning as much as my father was.
Well, Shapiro talks about this A LOT. He frames it as... do these three things and you won't be permanently poor. Which is different than do these things and be rich. I generally agree with him because the statistics show this to be generally true, but not with you. :)
It's when you get gave things like house car etc that give a advantage because it equals less payments for the objects. Like inherited a car or home or a trust fund is a big leap forward. Wished I had a wealthy family
I mean he's right about getting out of poverty by doing those three things but I always thought the three rules were: A high education, hanging out with the right people and having an open mind.
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Hard work with a plan brings success. These are tips to attempt to end the cycle of poverty. I guess that can still be considered a success if you grew up piss poor though like I did. Where I'm from, a white ghetto, everyone is a giant piece of shit lol.
I would agree wholeheartedly if the second statement was changed to "don't have babies... PERIOD".
If you want to have children and still be exceptionally wealthy, you're going to have to do a hell of a lot more than get a high school diploma and find a job.
These aren't the rules to be rich. These are the rules to never be financially poor and yes I do agree with these rules for never being financially poor. Becoming rich is a different subset of rules, but these could help for sure as well. Because you're cutting the fat.
Option 5: these three rules can lead to a comfortable lower middle class lifestyle in certain states, however, schooling of some sort after high school is required for anything better than that. Getting rich requires a really good education at a major university (whether you finish the degree or not is unnecessary), a lot of powerful connections and contacts, a lot of ambition, as well as taking risks, a fair amount of luck, and a spirit of innovation.
You will be rich is very different from you will not go poor.
And one more thing is lacking - don't spend more than you're earning.
Credit cards are abundant in the US.
When I was there, it's so easy to use credit card and to spend, that I had to use cash to "limit" my spending. LOL.
"Graduate High school" Duh, obviously.
"Get married before you have babies", you need a solid relationship, marriage certificate not required.
"Get a job" In America, today, that won't make you rich. A good job might make you well off, but to be rich you have to exploit other people's work.
thtat's not how you get rich... those might be contributing factors and/or are correlated, but that's not what makes people rich. i really don't get why people think he's that smart? he knows how to form arguments, but every time i hear him, he just spits a lot of arbitrary shit that are usually invalid.
They are more like how to avoid poverty.
Get a job seems pretty obvious.
TBH I've read there ARE statistically three things that radically avoid poor outcomes:
- don't have a baby as a teen
- don't drop out of school
- don't go to jail.
This actually comes from studying poverty and what are the key reasons for being poor and staying poor. Statistically if you do these 3 things you'll not remain in the poverty band for more than a year, you'll move out and live a comfortable life.
I completely disagree. High school is for chumps, I don't see how having babies outside of marriage has anything to do with it, and many of the richest people in the world don't have real jobs
It depends on what he means by rich. If he means do these things and you can be a millionaire by the time you retire (i. e. middle class), then sure. It's not going to help you get rich in a reasonable amount of time though.
I disagree with no. 2. Safe Sex yeah, but marriage is by no means necessary in life.
i mean it's a decent foundation but other huge things have to factor into one's life in order to become rich
nope. It's all BS.
It should be mentioned that tons of people go to college then are jobless afterwards and end up getting a job not related to their degree.
Nah lol more like
1. Suck up to the right dickhead
2. Work from age 15 and take the right steps to get 1 million by 25 ... invest and grow
3. Have some luck on your side
I think if you do these things... you are well on your way. But I would add dont have children till you can totally afford them.
It won't make you rich it makes you middle-class. But then again that is pretty rich compared to most of the world
These are basics
To get a better life is to continue education throughout your life.
Manage money well
Work on character
That should do a pretty good job of keeping you out of poverty. To get rich you'd want to add something like "work 60-80 hours per week in your 20s," and "save and invest 20% of your income."
You'd better graduate college after HS and then marry and have a baby once you have a stable job.
Of course, the simplest way is to have a millionaire dad.
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