How to Get Rich With Only $1 Dollar a Day

Hey we all know it’s no true way to get rich quick. You can get rich fast, but what’s look at a get rich slow way. Here’s some tips on how you can get rich on a dollar a day.

Difficulty: Easy

Instructions

1. If you save a dollar a day, then you would have $30 dollars at the end of the month. Once you save a dollar a day at the end of the month put it into a savings account, until you find an investment you want to put your money in.

2. After you learn the first step of how to manage your money, now your going to learn how to invest a dollar a day. If you want to invest in the stock market on a dollar a day, then buy drips. Drips are short for dividends reinvestment plan. Drips are a plan that buy individual stocks. You have to buy one share of stock of a company that offer drips. Once you save a dollar a day at the end of the month and accumulated $30 dollars, then you can put that money in a stock. If you want to diversify your money, then it’s better to put your money in a index fund.

3. Once you grow your small fortune, then you can put your money in more lucrative deals like real-estate or even buy more shares.

Tips & Warnings

• keep it simple.
• You won't get rich quick, but you'll be wealthy over time.

[abitosunshine]

on 7/25/2009 Seems too simple to be true - but then again, it makes sense too.

[Dino1353]

on 6/28/2009 Great info. 5* Thanks

[knowball]

on 5/31/2009 good ideas to appreciate money!