What is the pathway to prosperity?

Answer by  bassmaster76 (62)

I believe the pathway to prosperity is being very smart with your money, investing wisely, and making smart decisions with your life. For example if you are not ready to have kids financially, don't!! Make sure you are ready. Ultimately, Prosperity is getting to the point financially where you have total freedom.

Answer by  jon6 (488)

The key is to always spend less than you make. Avoid debt at all cost! Invest the difference between what you make and spend.

Answer by  km8738 (1917)

The path varies depending on where you are starting from. For some, the path will include hard work, extreme productivity, and a willingness to accept change and jump on any opportunity that presents itself. Always be prepared to take the next step and don't allow yourself to get comfortable in one position.

Answer by  tunsad (413)

Persistance and perseverance. Paying yourself first is a must. Count yourself as you would any bill. Compound interest is the best way to safely make your money grow.

Answer by  tamarawilhite (17883)

Don't get into debt. Spend less than you make. Then save and then invest the difference. "Crown Financial" and Dave Ramsey's "Financial Peace University" are excellent finanical courses on paying off debt and building wealth. "Rich Dad, Poor Dad" is also a good program, though it focuses more on real estate.

Answer by  jyh634 (157)

Hard work. Commit yourself to a goal, and focus on acheiving it. If your goal is to save 1000 dollars so you can invest, then make sure all your efforts are focused on that. Instead of renting a movie, put that money towards your goal.

Answer by  wallaby78 (2293)

Find a good job and be an excellent worker. Save over fifty percent of the money you make. Invest some of your savings in diverse stock portfolios. Be lucky. Get a second job and work as many hours as you can. Don't get into debt. Pay your bills promptly.

Answer by  tamarawilhite (17883)

Spend less than you make. Save and invest the rest. Be the person who is paid 10% interest, not paying 10% interest.

Answer by  tamarawilhite (17883)

First, never go into financial debt. Second, live on less than you make and save as much money as possible to protect against unemployment and surprise expenses. Then invest.

Answer by  barkley (951)

Be very careful how you spend your money, always consider if it is a want or a need. If it is a want, you may be able to do without it, if it is a need can you get a better price for the same good or service? Also carefully invest your money.