If You Want to Get Rich, You Better Do It Slowly
In a world that glorifies rapid success and instant gratification, it’s easy to feel pressured to chase quick wins, whether in your career, personal development, or financial growth. But what if the real key to lasting success lies in taking it slow? Imagine a financial strategy that focuses on small, steady progress rather than risky, high-speed sprints. In his article, Jim Wang explores why the “get rich slowly” approach might just be the most reliable and rewarding path to financial independence. If you’re curious about how sustainable progress can build a stronger financial future, this article is for you.
Have you heard of survivorship bias? It’s the idea that when people analyze successful people or companies, they often forget that they only analyze the ones that have survived up to that point. There’s a bias there that makes the analysis weaker because it doesn’t consider companies that may not have made it that far. And it’s a legitimate bias. But when people talk about survivorship bias, all I think about is that the key to success is surviving. You don’t need to finish first, you just need to make sure you finish.
~Jim Wang, guest posting on Physician on FIRE
Jim Wang’s guest post on Physician on Fire advocates for the power of incremental gains in achieving financial success. Drawing common sayings like “slow and steady wins the race,” Wang emphasizes that small, sustainable improvements—compounded over time—can have a transformative impact on wealth building. Wang uses metaphors to explain how getting rich slowly is often the best way to do it. For example, if you walked into a weight room and tried to bench twice your bodyweight, you’d probably hurt yourself and not want to go back to the gym. If you’re starting a budget, you might want to work on small, sustainable cuts rather than starving yourself from the beginning. Drawing from examples in James Clear’s book Atomic Habits, Wang makes a strong case for adopting a long-term, methodical approach to finances. The article also touches on the importance of taking breaks to reassess your direction and avoid burnout, encouraging a balanced and thoughtful approach to both work and wealth.
Points Hacking: 10 Simple Ways To Earn Points and Miles Through Partnerships
Traveling the world doesn’t have to drain your bank account, and there’s a way to make the journey cheaper—or even free—by thinking outside the box. If you’ve ever wondered how frequent flyers and seasoned travelers manage to accumulate airline miles and hotel points, the answer might surprise you: points hacking. By leveraging strategic partnerships between popular brands like Delta, Marriott, and Starbucks, you can maximize your rewards without opening a new credit card or racking up excessive travel. This guide offers straightforward tips for earning miles and points through everyday purchases, helping you get closer to your next getaway.
But, since my first solo trip to Paris in 2014, I’ve learned a lot. Yes, money is still required to travel, but there are plenty of ways to travel cheaply. By being creative, having a can-do attitude, and making informed decisions, I’ve discovered plenty of simple travel hacks to reduce costs and even travel for free, like ‘points hacking’- a strategy of maximizing the benefits from loyalty programs and partnerships.
~Danielle Desir Corbett, The Thought Card
Danielle Desir Corbett introduces readers to the art of maximizing rewards through brand collaborations. The article covers partnerships like Delta and Starbucks or Marriott and Uber, where customers can earn miles and points on everyday expenses such as rideshares, groceries, and dining. Whether it’s booking an Airbnb through Delta or earning Marriott points through Uber Eats orders, Corbett emphasizes that these small optimizations can significantly boost your rewards. The tone is practical and encouraging, providing clear instructions to make points hacking both accessible and fun for anyone looking to travel more for less.
8 Secrets to Investing Money to Become a Millionaire
I can’t think of anyone who doesn’t want to become a millionaire. But just because you want to have a million dollars doesn’t mean you will accumulate a million dollars. Becoming a millionaire isn’t about quick wins or shortcuts—it’s about making smart, consistent decisions with your money. While flashy investment strategies may promise overnight success, real wealth is built steadily over time. The key lies in knowing where to put your money, how to keep it working for you, and making simple, repeatable moves that compound into lasting success. If you’re ready to take control of your financial future, this guide lays out eight proven strategies that can help you grow your wealth and reach that millionaire status.
You should clearly understand where your money is going and what risks are involved. To expand your knowledge, read books, take courses, or consult with financial advisors. Warren Buffet, one of the wealthiest investors, famously said, “Never invest in a business you cannot understand.”
~Tom Scott, Dividends Diversify
In this article Tom Scott reveals the strategies millionaires use to build and sustain their wealth. From investing in growth assets like stocks and real estate to consistently contributing to investments and leveraging the power of compounding, the article emphasizes the importance of patience, education, and adaptability. Scott’s advice, which includes simple tips like dollar-cost averaging and regular portfolio reviews, is geared towards anyone looking to make informed, long-term investment decisions. With a focus on consistency over complexity, Scott offers a straightforward path to financial independence.