12 Money Rules to Build Wealth

Photo by Giorgio Trovato on Unsplash

Money is the root of all evil. That’s what Satan told Eve in the Garden of Eden. He told her that if she ate from the Tree of Knowledge, she would be like God. She would know good and evil and be able to do anything she wanted with it. It was the Devil’s way of getting her to sin against God.

But Eve didn’t listen. She ate the apple and was tempted by the Devil. She then gave birth to Cain, who killed Abel, the first man ever born. After that, Cain married his sister and then killed his brother. He was then kicked out of the Garden of Eden and went to live with his mother.

Money has the same effect on people as the apple did on Eve. Money can tempt you to do things you shouldn’t do and make you do things you shouldn’t do. Money can also corrupt you, cause you to do things that you should never do, and even cause you to kill someone.

If you have a job, you are working for someone else and you don’t get paid for the work you do. If you get fired or quit, you lose your money. So if you’re going to work, you need money. You have to work hard to earn it so that you can use it to buy things you want and avoid spending it on things you don’t want.

The problem with working is that it doesn’t bring you any satisfaction. You might be able to make enough money to pay your bills, but you won’t be happy about it. You might be able to buy a car, but you’ll be upset that you can’t afford to take the family out for dinner every night. And if you don’t get paid on time, you’ll feel angry and frustrated.

If you’re not working for someone else, you still need money. You need to find a way to make money. You can start a business and sell something that you make yourself. You can start a home-based business and sell something you make at home. Or you can start a business online and sell products you buy for a small commission.

Or you can get a second job. But there are two problems with this: First, you have to get up early enough to go to work. And you have to come home late enough to get ready for bed. Second, you have to make sure that you work hard enough to make money. Otherwise, you won’t make enough to pay your bills.

So how can you make money without working? How can you build wealth without having to work? There are many ways to make money. Here are twelve ways to do it.

1. Invest Your Money

You have to put your money somewhere. If you don’t invest it, it will sit there and do nothing for you. If you invest it, it will grow. But you have to make sure that it grows in the right direction. You can’t invest it in stocks that will fall. You can’t invest it on a home that will fall in value. You can’t invest it if you can’t afford to lose it.

2. Sell Something

There are two ways to sell something: You can either sell it yourself or you can hire someone to sell it for you. If you want to sell it yourself, you have to find a market where there is a demand for it. You have to figure out how much you can sell it for and what kind of profit you can expect. Then you have to decide whether to try to sell it yourself or to hire someone to sell it for them.

3. Buy Something

There are two kinds of people: Those who buy things when they are low and those who buy things when they are high. Those who buy low will always end up losing money. They will buy things that are too cheap and they won’t be able to sell them later. The other group of people, however, will buy things when they are expensive. They will buy things that they can’t afford now, but they can afford later.

4. Work

If you have a lot of money, you probably don’t have to work very hard. You can hire people to do most of the work for you. This is called outsourcing. You can hire a lawyer, an accountant, a web designer, a bookkeeper, a gardener, and a personal trainer.

5. Make Money Online

The internet is full of opportunities for making money. Some people are making millions of dollars a year just by selling digital information. Others are selling products and services through their own websites. You can make money with blogs, affiliate marketing, Google AdSense, and eBay.

6. Get Rich Quick

There is no such thing as getting rich quick. You can make a lot of money in a short period of time if you spend a lot of money. But if you spend less than you earn, you’ll soon be broke. You can make a lot more money if you work hard than if you work smart.

7. Be Rich

Be rich is a lot like being poor. You have to work hard and you have to save money. You have to pay your bills on time and you have to keep your expenses low. You have to be frugal and you have to be wise.

8. Do Good

There are many ways to do good. You can donate your time. You can donate your money. You can give your talent. You can volunteer your skills. You can help others in need. You can teach others to do the things you do. You can encourage others to do the things you want them to do.

9. Pay Yourself

You have to pay yourself first. When you get paid, you can pay your bills and you can pay yourself. You can set aside some money every week, month, or year. You can save some money for retirement. You can save some money to buy a new house or to pay off a loan. You can save some money so you can buy a vacation.

10. Save Your Money

You have a lot of options when it comes to saving your money. You can put it in a bank account. You can invest it. You can put it in bonds. You can invest it in stocks. You can put it in mutual funds. You can put it in CDs. You can put it in savings accounts. You can put it in your 401k plan.

11. Earn Interest

When you deposit money into a bank account, you earn interest. When you invest money, you earn interest. When bonds are purchased, you earn interest. When stock certificates are sold, you earn interest. When CDs are bought, you earn interest. When savings accounts are opened, you earn interest.

12. Give

There are many different ways to give. You can give your time. You can give your talent and your skill. You can give your money. You can give a donation to a charity. You can give a gift to a loved one. You can give a donation in honor of a loved one. You can even give a donation anonymously.

There are many ways for you to make money. You have to make a decision as to which one you want to follow. You have to choose between investing in something or buying it outright. You have to choose between working hard and working smart. You have to decide whether to get rich quick or to do good. You have to decide whether you want to be rich or to pay yourself.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store