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The Real Ways to Get Rich Relatively Quick: Easy Ideas That Work

Rachel Carey
Financial Guru
Updated: 6/2019
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The Real Ways to Get Rich Relatively QuickMany people dream of becoming rich but so few people bother to research how they can realistically do so. Even fewer people go through the work to make it happen.

Realistically becoming rich is entirely possible, but it requires hard work consistently executed over time, an education into how personal finances work where you’re at and all the steps along the way, and a considerable mindset shift towards becoming rich.

Table of Contents

How to Master The Mindset of the Rich

Many who seek greater wealth skip this first step and then struggle to go forward, all the while wondering what they’re doing wrong. If you don’t work on your mindset, you’ll always be missing essential tools for your journey.

Now, it’s not as if you suddenly work on your mindset and never have to come back to it. Rather, it’s important to learn the thought processes of the rich, and then when you run into obstacles, you’ll know the questions to ask yourself to push yourself to where you want to go.

Once you’ve decided that yes, you will work on this, then what you need to do is develop a wealth mindset.

To become rich, it only makes sense that your mind must be steered toward that goal. That you are focused on creating an abundance, on pursuing prosperity.

Unfortunately, most people have the opposite mindset. If you offered them a lottery ticket for millions of dollars of course they would take it and discuss what they would do were they to become rich. But in their daily lives, people focus more on what they don’t have. Even when they dream of winning that lottery, they are pulled down by the thought of how impossible that would be and all the things they list off wanting are things they think of themselves as never being able to have.

An abundance mindset requires you to understand that money is out there and it’s up to you to go out and earn your share. And yes there are ways to make fast money. It requires you to believe it and do it.

One of the first steps for that process is to look at yourself and ask what your relationship with money has been so far. What is your money story? When you dig deep within yourself, do you believe that rich people are evil? Do you believe that if you had more money you’d only have more problems? Do you believe that rich people are different from yourself? What are your beliefs about money?

Some of these beliefs may go back to your childhood. How did you first learn about money? Was it through listening to your parents argue about it, or talk about how it was out of reach? A lot of our most basic, unquestioned beliefs are ones we learned very early on.

Once you figure out what your past beliefs are, you can work on directly countering them with new beliefs, beliefs that focus on abundance and bringing that wealth into your life.

The Real Ways to Get Rich Relatively Quick

Find the Right People To Help You On Your Journey

It’s likely that the people currently surrounding you won’t be helpful on your journey to becoming rich. In fact, it’s often the case that they become obstacles on your path. When you set goals to become financially successful, it’s common for the people in your life to decide that you have become obsessed with money and provide negative feedback for what you’re working on. It’s common for them not to believe in what you’re doing and to insist that you’re wasting your time.

Always remember that this reflects their own beliefs and their own relationship with money. Money is a sensitive topic for many people and your pursuit of it can push their buttons.

People who are already successful or who are ahead of you on the path towards financial success will not have this attitude because they are also working on their wealth mindset. Surrounding yourself with these people will not only encourage you but you will learn more from them and their own journeys.

Surrounding yourself with people who will support you on this journey can help you stay focused and give you boosts along the way to getting where you need to be.

Investing In Yourself

There are many ways to invest in yourself and on your journey toward becoming rich you will work on as many of them as you can. You will invest in your education, probably in multiple ways. You will invest your time differently than you ever have before. And you will learn and test new ways to invest your money.

Looking at your mind, your time, and your assets always through the lens of investment will help you realize how much value you have in all of these different areas. You will become more confident the more you learn how to exert your power in these areas.

Define What Being Rich Means For You

Everyone’s answer of what wealth means is different for them. This might be a number for you. Or it might mean paying off all of your debt. It might mean owning certain real estate. Perhaps you want to take care of your parents. Do you want to retire at a certain age? Or travel? Do you have a hobby you wish you had the money to afford? Have you always wanted a helicopter?

The answer will be unique to you. Write out a list and figure out what your true priorities are. Once you know where you’re going, it will be easier to map out how to get there.

Starting Where You Are

Once you know what you want to achieve, it’s time to look at how to get there. Work your way backwards to where you are right now. Realistically, as you move on to learn more about personal finances, your plan for this journey will get more filled in with details on how to do all of this. To begin with, you can fill in the things you do know and work from there.

Then, it’s time to start with where you currently are. There are two priorities that have to be looked at first for anyone getting their personal finances in order.

1. An Emergency Fund

Do you have an emergency fund?

To begin with, this is likely around $1,500. A small sum that can help you out if your car needs a reasonable repair or if you need to take your dog to the veterinarian.

The next step is to build three months worth of living expenses. If you need $3,000 a month to live, then you need a three month emergency fund of $9,000. If you lose your job or anything else happens, you’ll be prepared. This money should be liquid, meaning it should be easily accessed in case you need it in an emergency.

Once you’ve built to the three month mark, build to six. Six months is what you ultimately want in your emergency fund. Experts used to stop at three months, but after the recession, it became evident that the safest policy is to have a six month fund if you want to be prepared for anything.

2. Get Out of Debt

Bad debt, like credit card debt, can hold you back from getting anywhere. If you want to move forward, you need to work on paying these off as soon as possible. Likely, this is an emotional undertaking for you. Debt causes a lot of stress. Believe in yourself. Believe that you can pay this off and get past this debt. And then, once you get your mindset right, make a plan for really making it happen.

Research options for refinancing your debt to lower your interest rate and then look into the stack method for paying off your highest interest rate debts first. Once you clear there off your financial portfolio, you will have the immense relief of being debt free and having the money you were using for monthly payments to put towards building your wealth!

The Real Ways to Get Rich Relatively Quick

Be Aware Of Everything Happening With Your Finances

Build a budget for yourself. Cutting out your latte habit will not make you rich, but you should know how much you’re spending on that latte habit. You should be conscious of all your spending. People shy away from this because they’d rather not know, but that’s not a mindset for wealth, that’s a mindset of being afraid of money.

Spend money on your latte if it’s worth it to you, just know what you’re spending.

You should also shy away from impulse purchases. This is a strong habit to make for a good budget. Even making it a policy to wait 24 hours on any new purchase can keep you from spending money you don’t need to.

Following these practices means you are in control of your money, and that’s one of the keys to a wealth mindset.

Get Set Up To Track Your Net Worth

This is a way to see how far you’ve come over time.

You can do this yourself with a spreadsheet or you can use a tracker. The application Personal Capital is a popular choice for tracking this information.

The idea here is simple. Write down every asset you own. This may be your vehicles, your home, your investment accounts, and any other place that you have money.

Then you make a second list, this time of all your liabilities. This is where you write down all of your debts. This includes your credit card debts, your car loan, student loans, and what you have left to pay on your mortgage. If you owe money anywhere it goes on this list.

Your net worth is your total assets value minus your total liabilities value.

This may be a negative number to begin with. Remember this is just where you’re starting. Everyone’s starting line looks different. Later you’ll be able to look back on this number and see exactly how far you’ve come.

It’s Time to Learn About Money

You will need to dedicate yourself to your own education. You’ve spent a lot of time subtly learning how to not have money over the years. It’s time to make a big change.

Learn about how personal finances work. Learn about investments, real estate, passive income, wealth mindset, the stock market, and more. Don’t overwhelm yourself by trying to learn everything at once. Instead, pick up one book at a time. Dedicate yourself to always having one book on finance in your bag or on your phone that you will read a bit at a time. Set a goal to read so many in a year, or possibly a chapter a day. Subscribe to a few podcasts or YouTube channels about personal finances. The more educated you are on your options, the better choices you’ll make, and the more possibilities you will believe are out there.

Seek Out the Opportunities to Make More From Your Current Earnings

You are now at a stage where you are serious about your finances and it is time to look at making more money! The first step is to seek out all the ways you can make more in your current situation.

Start with asking for a raise at your current job. Be strategic about this. Go to a meeting with your boss equipped with insight on what people make in your position nationwide and a list of ways you’ve been useful in your job.

Research the benefits offered at your current job. Visit the HR department and become thoroughly educated on your current benefits. Some jobs offer unusual benefits that may save you money, like free tutoring for your children or tuition reimbursement.

Research your 401K. If your employer offers a match, see if you can contribute enough to take advantage of that.

The Real Ways to Get Rich Relatively Quick

Consider Where You Might Work Next

It may seem like staying loyal to a company is your best bet for financial success, but that is often not the case. Pay raises are often much less of an increase than a salary at a new job would be. It’s common for employees who frequently change jobs to make 50% more over the course of their lives than loyal employees who stay put.

The best way to find a job that pays you more money is to make yourself more valuable. Invest in your skill sets. Take classes, read books, and always be offering to do more at your current job if it means learning something new that you can put on your resume.

Diversify Your Income

Rich people have multiple sources of income. This can be through a side business, passive income streams, and through investing.

Starting a business is a solid way to gain a second income stream. There are many businesses you can start that don’t have large upfront costs to get started. Fortunately, the internet has made it so there are many options for accomplishing this. Consider how much time you want to spend on your business and what your skills are. Could you be a freelancer? Could you run an ecommerce store?

Read more books about being an entrepreneur to decide how you might get started.

Passive income streams begin with a lot of hard work. Once they are strongly established, they are an income stream that does not demand much of your time. Making a lot of money without putting a lot of time into it is a solid strategy for becoming rich.

Passive income can mean things like investing in real estate, once you have the money to do so. It can also mean starting a business you can mostly outsource once you get it established, or it runs itself. Some business models that can become passive income is through a drop shipping business, Amazon FBA stores, or selling courses.

Passive income can also be smaller things, like earning rewards on credit card purchases, or returns on high-yield savings accounts. Always be looking for more ways to bring in money, even small amounts. They add up the more you have.

Begin Investing

Once you’re armed with knowledge from all the personal finance books you’ve been reading and podcasts you’ve listened to, it’s time to invest.

Investing in the stock market will not make you a millionaire overnight, but over time your returns will gradually add up and become something substantial. Even if you need to begin with a small amount of money, like $50, the money you invest compounds. Everyone starts somewhere.

Remember that it’s not about how money you can make in a week, it’s about how much money you can make in ten years.

You can also invest in real estate. If you aren’t ready to buy property, research crowdfunding real estate investment opportunities. Take a look at our Fundrise review to see if that’s a good crowdfunding option for you. In this scenario, multiple people go in on properties together. There are many companies that manage these types of investments now and it’s a solid way to get your hat in the real estate game.

Getting Rich Takes Time

Becoming rich is something anyone can do, but it takes time and a lot of hard work and belief. Get the right mindset in place, surround yourself with people on similar journeys who want to support you, and learn everything you can about personal finances, investing, becoming an entrepreneur, and passive income streams. The more actions you take, the more successful you will be.

FAQ

General Questions About Ways to Get Rich

We’ll answer your basic questions about ways to get rich in this section. 

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How can I get rich with no money?

It will be hard to get rich with no money. One of your best options might be to start a free blog. This will let you generate revenue from ads and affiliate deals without having to put any money down.

How to get rich from nothing?

Getting rich from nothing is a lot of work. However, many people find that saving and smart investing is the best way to get rich.

How to get rich in America?

There are lots of ways to get rich in America. One of the best options is to invest in dividend stocks. These stocks pay you whenever the company reports earnings, generating a return without selling your position.

How to get rich with no money?

Starting your own freelance operation can be a great way to get rich with no money. You don’t need any startup capital, just a skill set people will pay you for.

How to get rich without college?

Getting rich without college is getting tougher every day. Smart stock investments are one of the best ways to get rich without college.

How to get rich without working?

If you have the capital, then managing your money and making smart investments is the best way to get rich without working.

How to get rich overnight with no money?

There’s no for-sure way to get rich overnight with no money. You need money to make money quickly, and if you have no money then you need to work to get some to start growing it.

How to get rich and retire early?

There are lots of options for getting rich and retiring early. Investing in smart stocks and companies is one of the safest ways to retire early.

How to get rich in a recession?

The best way to get rich in a recession is to invest in products and services that are recession proof. Think of things that people need no matter the state of the economy.

Getting Rich through Jobs

We’ll answer your questions about getting rich from jobs in this section.

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How to get rich in real estate?

One of the best ways to get rich in real estate is to invest in real estate investment trusts. These products pool money to get better deals on real estate, ensuring a better return for investors.

How to get rich playing video games?

The best way to get rich playing video games is to become a professional streamer. You’ll need to be very good, very entertaining, or both to get enough of a following to get rich on streaming.

Can you get rich in the military?

Not in most cases. However, you can make a decent living and the structure of working in the military allows you to save money and avoid costs.

Can you get rich selling insurance?

It’s certainly possible to get rich selling insurance. The best way to do so is to have an affiliate agreement that pays you everyone someone makes

How to get rich as a programmer?

The best way to get rich as a programmer is to sell your services as a freelancer. This will allow you to make extra money in your spare time that you can save and invest.

What job to do to get rich?

That depends on your skillset and interests. You should find something that you’re good at and figure out how to get people to pay you to do those things.

How to get rich with a normal job?

The best way to get rich with a normal job is to avoid debt and save money so you can invest it. This will allow your money to grow itself without requiring extra effort from you.

Getting Rich from Investments

This section answers the most common questions people have about getting rich from investments.

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How to get rich off bitcoin?

The most common way that people get rich off of bitcoin is to invest in the currency when the prices are low, hoping that the price will go up.

Can you get rich off penny stocks?

It is possible to get rich off of penny stocks, but it’s not very likely. That’s because the amount of money is so small and losses are very common.

How to get rich investing money?

One of the most common ways to get rich investing money is by investing in dividend stocks. These stocks pay investors at set intervals, so you can profit without selling your investment.

How to get rich with rental properties?

You can get rich with rental properties by investing in real estate investment trusts. These allow you to pool money to get better deals on real estate and let you get returns without worrying about the day-to-day running of the property.

What to invest in to get rich?

There are lots of options you can invest in to get rich. The question is what company do you think will grow in the future? Investing early will lead to the largest returns.

How to get rich with $10,000 dollars?

If you have $10,000, then you can get rich by investing that money. There are lots of investment options, and you should choose one according to your own tolerance for risk.

How to get rich in Wall Street?

Getting rich in Wall Street is a matter of understanding how companies will do and then betting that you’re right. You can make money by guessing a company will grow or decline in value.

How to get rich with dividend stocks?

Dividend stocks are a good way to get rich because when you’re paid your dividend you keep your stock position. That lets you re-invest the divided without selling your position.

Getting Rich from Owning a Business

We’ll answer the most common questions about how to get rich owning and operating a business in this section.

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How to get rich on the internet?

There’s tons of ways to get rich on the internet. One of the best options is with affiliate marketing. This lets you make money recommending products or services for people with similar interests to your own.

How to get rich on YouTube?

Getting rich on YouTube can be a challenge. One of your best options is to create evergreen content. This is content that isn’t time sensitive. That means you’ll get continuous money from ads for as long as the video is up.

Can you get rich starting a nonprofit?

It’s possible to get rich starting a non-profit if your non-profit does well and can justify paying you a larger salary for running the company.

How to get rich on eBay?

That depends on your particular resources. One of the best ways to get rich on eBay is by using the service as a revenue stream for a drop-shipping company. Learn more about this and other home based business ideas in our other article.

Can you get rich owning a franchise?

Yes, you can get rich owning a franchise. However, your franchise will need to work well and produce money for other people, otherwise no one will buy a franchise.

Can you get rich selling on Amazon?

You can get rich selling on Amazon, but it can be pretty hard. Your best bet is to focus on products that you like and use drop-shipping services to cut down on inventory and processing costs.

How to get rich in a small town?

With the internet, there’s no limit to the number of ways you can get rich in a small town. Online and remote workers can be some of the highest paid workers a company has.

How to get rich with no qualifications?

The best way to get rich with no qualifications is to invest your money. This will let your money do the work for you.

How to get rich in construction business?

Getting rich in the construction business can require lots of hard work. Your best option is to use internet marketing to get as many customers as you can handle without over-committing yourself.

How to get rich in the trucking business?

One of the best ways to get rich in the trucking business is to find local businesses that need frequent transportation services and selling your services too them with a regular contract.

Getting Rich Quickly

This section will answer your questions about how to get rich quickly.

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How to get rich in short time?

There aren’t many ways to get rich in a short time, and all of them require a great deal of luck. Your best option might be betting money on the stock market and hoping your stock picks grow quickly.

How can I get rich quick?

Getting rich quickly is a hard thing to do. We recommend using dividend stocks to try and boost your wealth. You can get paid from the dividends while the value of your investment grows.

How to get rich in a year?

There’s lots of ways to get rich in a year. One of the best is using drop-shipping services to sell products on your website or through other services like eBay and Amazon.

How to get rich in 30 days?

There’s no assured way to get rich in 30 days, but one of the best options might be affiliate marketing. You can get paid to recommend products and/or services to people that like the same things you do.

How to get rich in 5 days?

Getting rich in 5 days is going to be very difficult. Your best option is to play to stock market, but the odds of you being successful are very low.

How to get rich in five years?

One of the best ways to get rich in five years is by investing in real estate. These investments grow in value over time while providing continuous, regular returns.

How to get rich in Vegas?

Real estate investment is the best way to get rich in Vegas. There’s not nearly as much risk as betting or gambling, and you’ll get a return on your investment in regular intervals while the value of your investment grows.

Other Questions About Getting Rich

We’ll cover other questions that don’t fit into our other categories about how to get rich in this section.

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How to get rich as a kid?

One of the best ways to get rich as a kid is to start your own YouTube channel or blog. You can make money on the articles and videos you post from ads, and that money will always come in as long as the videos and websites are up.

How to get rich as a teenager?

Getting rich as a teenager can be pretty hard. However, affiliate marketing and becoming a paid influencer are popular options for teens looking to get rich.

How to get rich in your 20s?

There’s no limit to the number of ways that you can get rich in your 20’s. The best option is to invest money in safe dividend stocks that will produce returns while they grow in value.

How to get rich in Los Angeles?

Los Angeles is a great place to get rich by investing in real estate. Rental properties will grow in value with the housing market, and renters will give you a monthly payment that produces a return on your investment.

How to use debt to get rich?

It can be very dangerous to use debt to get rich. One of the most effective ways is to use debt to finance investments. As long as the investment produces a greater return than your interest payments, you’ll grow your wealth.

How to get rich by 30?

You can get rich by 30 by investing in divided stocks. One of the best strategies is to use your dividends to invest in more stocks so your money can grow faster.

How to get rich in 20 years?

Real estate investments are a great way to get rich in 20 years. You’ll be able to pay off any debt you took on to make the investment in that time, and property will grow in value over time. That way, you can get an even bigger return when you sell your properties.

How to get rich according to rich dad poor dad?

Rich dad poor dad recommends that you get rich by avoiding debt. You should carefully manage your spending to stay on a budget that allows you to save and invest.

How to get rich while in college?

The best way to get rich in college is with affiliate marketing websites. You can recommend products and services for other college students to buy, and then get paid when they make a purchase after looking at your site.

Rachel Carey

Rachel Carey

Financial Guru

Rachel is dedicated to helping individuals and families boost their budgets so they can enjoy the lifestyle they deserve. Rachel graduated with a degree in Family and Consumer Sciences. She’s a prolific finance writer, producing tons of articles on different aspects of personal and family budget management.

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