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im in a total mess with my finance, got four outstanding bills waiting to be paid at home! please help me, someone! ill deffinately pay u back.
Additional Details
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| I just Inherited 2.7 million dollars? |
| hi, I just Inherited 2.7 million dollars....i can't believe it...I have been poor for years and now I am wealthy....any ideas on what to spend it on?... |
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| I have no savings or property of significant value, my salary is average and is not going to supply me with the funds I seek, no matter how hard I save or how wisely I invest. £1m is not excessive ... |
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like if you ask even a 1000 pounds there ask why do you want it and behave all serious are they allowed to do that
Additional Details
protect my moeny but its my money so im allowed to ... |
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Blah♥ | How do the rich get richer? |
Tax evasion? what is it?! |
 |
 
Raja Roy Choudhury
|
Dear Paul,
Money attracts money. The rich and super rich (most of them) doesn't do anything. They just make sure that the money keeps working. In other words they invest and re-invest money to earn more money. If you leave your money is a savings account it will depreciate in value. It's very very important that you invest your money. Rich people are doing it always.
Cheers,
Raja |
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longboarder
 |
they use their money to make more money the way they made alot of money in the first place |
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MT theKING
 |
investing their moola into certain ****. |
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Danielle
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U need money to make money. Once you have a certain amount it just gets easier to invest and stuff. |
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Kaz
 |
Well the rich have the money to invest in stocks, shares, property.
They can just pay other people to make them money. |
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liamniel39
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not spending easy |
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goaheadnfireme
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MONEY COMES TO MONEY |
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roxyzfoxy4u2
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cheats on taxes, steals from creditors and the greedy people that invest with them. |
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The Redox
 |
put "er" after rich |
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grendeth
|
By making the right investment decisions. I am a working guy like most but I do make decent wages. Now I am not getting a million dollars a year, mind you.
What I have done is save over 65% of my money is a savings & recently started investing in the stock market because I believe its down with strong potential to move up. Yes this involve some form of risk.
I think I am moving in the right direction to an early retirement. I think most people (especially Americans) have develop a strong sense of carefree living while blaming everyone else for their perceive lack of wealth. Its really strange because if you travel the world, you can see others having extremely little.
I remember when I first got out of college making what little $40k a year, people who were working in a fast food joint were driving spiffier cars that me. Well great guys. |
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ardra71
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More money = more interest & dividends accrued each month on bank accounts and investments. Therefore, the richer you get, the easier it is to get richer.
They're smart and/or educated enough to hold high paying jobs or start their own lucrative businesses. When you combine this with a lot of ambition and powerful desire to work however hard and long it takes to succeed, you'll eventually wind up with bulging bank accounts.
They're also smart enough to realize that you need to save money instead of recklessly spending money on every knickknack that catches your eye.
So save your pennies. |
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¼ºÁø Ã
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http://freedom.ws/eunsoh |
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Arthas
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money brings money! |
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Zachary A
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Good investments. For example, a million dollars earning a annual return of 10% is MORE than enough income, for most of us. The good thing is that whatever they dont spend....goes straight back into the principal, increasing next year. Plus, the rich are extremely frugal. Their biggest fear is being poor, hands-down. Every dollar they spend- is the careful decision made over many hours of analysis, and reason. The only exception to this golden rule of the wealthy, are those who inherit, or win their wealth- are more apt to blow it all. |
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Danny R
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Compound interest. Up until the sub prime mortage problem, houses kept going up and up, this meant that the rich could purchase assets which were going up in value but were also producing dividends which were going up in value, allowing them to buy more and more as time went on. |
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vindo27
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The rich gets richer not necessarily by tax evasion but by being very meticulous in spending, investing what ever cent they have.When others are buying new things, they go for the fairly used or they maintain the ones they have. |
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George L
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By falcon punching. |
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Uz2BAZroBoy
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Ponzi, baby. Ponzi. |
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feyridz
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Well firstly is what they do are charity acts to reduce the tax that they might be paying.
Secondly is they Save their fortune in several banking accounts using the long term saving accounts deal and such.
And lastly is they might just use their fortune for business and things. |
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keri
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fagsss >:( |
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