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Make, Take (some), Invest, Repeat

I’ve recently learned/confirmed the golden rule of making money, and maybe getting rich. The method of make,take, invest, and repeat is a surefire way to get/gain wealth. From the online webmaster to the average-everyday-entrepreneur, this method holds true. I’ll elaborate a bit more on the idea;

• Make:
  You make your base amount of money by working at an average job. For the internet guru, this would mean forum pay-per-post, blog reviews, link sales. (Of course the second two things must be built up to). You get the idea though, you have to make some money the old fashioned way, with hard work.
• Take:
  Next, you take 90% of your earnings, and use them to support yourself. Make sure you’re never living worse than you can bear just because you’re trying to save up for something. With the 10% you’ve saved from the money you made at work, you’re going to…
• Invest:
  You invest that 10% that you saved in something that can start bringing in an income. This could mean stocks, promoting a website. What you want to make sure to do is invest in someone who knows what they’re doing. Don’t pay the icecream man, to give you some of the diamonds that he traded to a starving kid for an icecream. (First of all, because this would never happen, Second… wtf did a starving kid have diamonds). Anyways, the point is… you invest in someone who knows exactly what they’re doing, and someone who will definitely help you earn a profit.
• Repeat:
  You must constantly repeat this method. You will have different streams of money coming in, and with other people doing the work. If you help to sponsor someone with their ventures, (someone who knows what they’re doing) then you will end up earning a greater income. Your income will always continue to grow as long as you take 10% of your earnings, and spend it on a new investment.

I actually got the jst of that from some money-making CD my stepdad owns. It’s common-knowledge though, the only problem is the fact that it’s somewhat hard to follow. You have to have some strength to hold back on spending extra, or trying to save to much.

Hopefully this helps some people out?