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How to Become Rich in 2015

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  • 5. Improve your credit score.
Credit is boring and I hate to talk about it, but it does make a difference. Think about it: Most of life’s biggest expenses are purchased on credit. It’s important to start to take care of it now because there is going to be a situation in the future where you’ll wish you had.

The way to improve your credit score again starts with awareness. Address those now and you’ll save yourself many thousands in the future.

  • 6. Define what true wealth means for you.
In the dictionary, wealth is defined as “a large amount of money and possessions.” However, when you ask someone who is truly wealthy, you get a completely different answer.

As shown in “Make Money, Live Wealthy,” the 75 entrepreneurs that were interviewed most often shared words like freedom, purpose, family, health, experiences and other things that mean much more than just money.

Money is an important tool that makes all of these other things much easier, but it shouldn’t necessarily be the goal in and of itself. Realize this and you will ultimately create your dream life much sooner.

  • 7. Automate your money.
The key with your finances is to make it as easy as possible on yourself. The best way to do this is to automate your finances as much as possible. What this means is that as soon as money comes in, it is dispersed to your other accounts automatically.

For instance, you can set up your finances so that money is taken straight from your paycheck into a retirement investment account, or from your checking account to pay off fixed bills like your internet and cable. The less you can worry about moving your money around and the more you can focus on optimizing it, the better off you’ll be.

The key reason why this works is not only to free up time, but it helps prevent us from wasting money. If we see extra money in our account, we’ll find a way to spend it and then won’t be left with much if any money to invest in ourselves and our future. Automation helps keep our priorities in line and takes the emotions out of it.

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