How to get rich from scratch and is it possible?

Financial well-being has always been the topic of the issueone for many of our compatriots. In conditions when the average wage level provokes a sad smile compared to the developed countries, and decent work is not so easy to find, many people are thinking 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 therefore it's time to decide on specific actions.

Choice of field of activity

First of all you should choose yourself suchAn occupation that not only brings good money, but also brings 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 it may seem strange, but the secret is that the work should be pleasant and enjoyable, and if it is not so, then it is worthwhile looking for a more suitable kind of activity. The answer to the question of how quickly to get rich from scratch is in professional knowledge and love of one's business. Without this, any work will soon turn into hard labor.

Competent finance management

How can you get rich from scratch if money flows awaylike water? Whatever one may say, and without planning in this case can not do. Set yourself an appropriate program if you often work with a computer, or start a notebook that you can take everywhere with you, and record all your expenses and incomes for the month. Despite the fact that this process is rather tedious, at the end of each reporting period you can find for yourself very interesting things. Analyze the result, it may be possible to find savings reserves and to save from a tenth to a third of the income received for investment.

Where to invest

Many sources, responding to a question about howget rich from scratch, recommend to do trading on Forex. On the other hand, people who managed to get burned and lose their capital on this (quite often among them there are good acquaintances) are advised to stay away from the foreign exchange market. What to believe? The fact is that brokers, telling how to get rich from scratch with the help of currency trading, often keep silent about the fact that this type of activity is not such a simple job, and the statistics confirming that nine out of ten newcomers lose their initial means . Truth, as always, is in the middle: you can earn money on forex, and very decent money, but you need to have strong nerves and good knowledge for this. How to get rich from scratch, if so far there is doubt in the first and completely missing the second? Trust the professionals!

To do this, there are PAMM accounts and top-end indexestraders. For example, MMCIS has a tool such as "Index TOP 20", whose average yield 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. Having looked through the statistics and selecting some of the best managers, you can correctly distribute your capital between them, thus insuring against possible mistakes of each trader. If you still adhere to conservative views, choose a bank with such deposit conditions that allow you to make additional investments and imply the calculation of a compound interest. If you invest a tenth of your income each month, then in a relatively fast time you will be able to accumulate quite a decent amount of capital. Summarizing, it can be argued that you can get rich from scratch - you just need to combine your strong desire with concrete actions.