Q&A for How to Get Rich

Getting rich takes time, but you can start saving money here and there by doing chores around the house or neighborhood for cash or selling your old things that you don't need anymore. It might not seem like much, but learning about resourceful ways to make money early in life can really help you on your journey to become wealthy as you get older.

You may be dumb in one field but you can be great in another. A fish always feels dumber watching a monkey climb a tree so easily and knowing that it could not climb. Find a field where you can be good. Everybody is good at something. Bad grades do not necessarily mean that you cannot get rich. Getting rich requires financial and economic knowledge, it doesn't necessarily matter how or what you have studied.

Create a budget and stick to it religiously. Before you go out shopping, calculate exactly how much cash you need and leave the rest behind. Leave the plastic behind too — studies show that people spend significantly more when they are carrying a credit card.

It's not likely, but saving is a good start. You need to figure out a way to make a LOT of money. Then, in addition to saving, you'll likely need to invest.

If you're a good worker, full-time employment is an excellent first step in accumulating money. Getting a good education is also very important, and you may have to work part-time in the early years. Some entrepreneurs, however, have done well without much formal education.

Remind yourself that there have been some very successful people who lost a job at some point in their lives. What matters is not how many times you've fallen (or been knocked) down, but whether or not you get back up again and learn from those experiences.

Most colleges and universities offer work-study programs for students with financial need. You can also get paid to take notes in classes you're already taking, join research trials, or assist professors with research.

Put away at least 10% of your income into savings or investments. For some other tips, check out this article: how to manage your money wisely .

Nine is a difficult age to get rich, but you can start laying the foundation by working odd jobs for family and friends and saving money.

If you have the necessary skills, there are websites on the internet where you can find freelance work that you can do from home. This work usually requires a skill set like writing, editing, computer programming, data entry, etc. There are also surveys you can do for money, but tread with caution. Some surveys are scams and you can end up losing money if they gain access to your bank account. Check for trustworthy surveys.

Credit cards are not bad in and of themselves. It is usually the irresponsible overuse of them that causes financial havoc. Having a credit card around for the times that they are absolutely needed can be a good idea, but using it too often can put you in heavy debt. Be careful with credit cards, but don't be afraid of them.

A common rule-of-thumb is to invest 10% of your income. If you can invest more, do it.

You're already rich compared with most people in the world. Invest your money wisely.

You probably won't make a huge lot if you only invest a very small amount, but you could make something. It's up to you how you want to invest your money. But generally, the younger you are, the more such investments are recommended, since there is more likelihood of things coming out in your favor in the long term (with ups and downs in-between).

Invest aggressively in stocks and stock mutual funds.

If you can't find employment (or more employment), come up with alternate income sources such as dogwalking or quick online jobs like survey answering. Depending on where you live, there are probably local and national programs that can assist with food, heating, job searches, etc.

Yes, you can. You can be an editor and earn a decent living editing books and newspapers.

Invest in yourself, get an education. You could also invest in a Roth IRA and pay taxes as the money is invested, then the money and interest you receive later are not taxable. You could also invest in stocks. Either pick one growing now, like Amazon, or pick mutual funds which have smaller but more reliable growth over time.

You must be experienced in at least one thing. There's no possibility you don't have a skill that you spent a lot of time on. Each unique skill or hobby can give you a different kind of job, and some of them may be very profitable.

There is no guaranteed path for getting rich. Your best bet is to get a good education, work at a high-paying job for about 40 years, live like a hermit, and invest all your money in explosively successful enterprises.

Start working in a field where you can grow, and save as much money as possible to invest later.

It depends on your bottom-line goal(s). There are many reasons to follow either course.

If you aren't good enough to play professionally, you could try teaching (clinics, camps) or coaching. If you have a good deal of talent, then you could potentially play professionally eventually - but you really have to be exceptional and work hard at it.

If you perform in places that generally have a lot of people (markets, city squares etc.) you can make money. Have a bucket or instrument case displayed so that people can contribute if they like. Make sure you can legally perform there because some places don't allow it.

401ks are usually a great idea, but unless you own your own business, you are limited to the options your employer offers. Review the details carefully to see whether the fund is well-managed.

A rule of thumb is that no matter which job you do, you will never get rich. Most jobs allow you to earn more than you spend, so you're at least advancing, but it often requires giving up on certain dreams. If you want to go on a vacation five times a year or buy a Ferrari, it's not likely that will happen on a normal employee's salary. Entrepreneurs make the most money. Start your own business in software engineering and learn how to manage that business. Grow it, employ people, grow a customer base, increase the scale, reduce overhead, etc. If you can invent a product once and sell it forever, that's how it's done.

The time to start investing is today. It's too late to invest aggressively. Devote what you can to moderately conservative investments, and think about working longer than you'd planned.

There's not any way to get money without a job unless you can find someone who's willing to support you.

Credit cards may have annual fees, late fees and interest charges.

It is the very rare worker who never struggles. The best advice is to pick a profession you love (or at least like), and work hard to make yourself indispensable to your employer.