Get Rich Slowly
It’s that time of year when many of us are thinking about money. Not all of us, but many. And many of those few of us might be wondering, “Am I making the most of what I have?” Well, you’re in luck. Today we’re breaking down the top things you should be doing, have done, or could do to help you keep more of what you make so you can live more with what you have and enjoy life for all it’s worth, every day.
[No information in this article should be taken as financial advice. Consult your financial advisor.]
Consistently invest the maximum annual amount in your 401(k) and IRA (preferably a Roth IRA, unless you don’t qualify for a Roth because your salary is too high, in which case your concern is likely not how to get rich but how to stay rich, a far less relatable and compelling topic) in a no-load S&P 500 (or similar) index fund for 30-50 years.
Don’t get guacamole at Mexican restaurants.
Don’t have a liquor preference. (Practice by saying, “Rail is fine,” or, “Just the house white, please.”)
Book vacations far in advance.
Purchased used vehicles and drive them cautiously.
Cultivate interests that exist primarily outside of consumption (exercising outdoors, talking with friends, reading books from the library, etc.).
Indulge your fantasy of getting rich quick by hate-reading news stories of overnight successes, but don’t take them to heart.
