Can One Become Rich As A Salary Earner? - page 2.

Renampun

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Quote from: Marvelman on September 14, 2021, 06:38:05 PM

Quote from: Kinghunter0071 on September 14, 2021, 03:57:34 PM

Can one become rich as a salary earner?Without other or additional means of income, and without corruption?

It depends on their salary. Professional athletes, for example. Sportsmen make more money on average than people who are income earner. But sportsmen are not generally earning a salary, but winning prizes and income from participation, practice and honorariums.

That's right, athletes get rich not from their salary but from the tournament prizes they win...

In addition, most of the painting, music or sculpture artists do not get rich from a monthly salary but from the sale of the work they create.

Rockstarguy

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Quote from: Kinghunter0071 on September 14, 2021, 03:57:34 PM

Can one become rich as a salary earner?Without other or additional means of income, and without corruption?

Depends on the amount of salary earn. But no matter the amount of salary earned if their is savings of every salary received and making investment with it. With this practices one can be rich

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Quote from: Kinghunter0071 on September 14, 2021, 03:57:34 PM

Can one become rich as a salary earner?Without other or additional means of income, and without corruption?

Yes, you can.

But you need to save your money and not using the money if it is not urgent. Besides that, you need to have the patience to saving your money because that will not happen in a short time.

averagestudent

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The simple answer is yes, you can be rich. Anybody can be rich if he or she works hard. There are some that work really hard, and they are fortunate enough to become self-made millionaires. They don’t wait for the fortunes to come to them.

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Quote from: Kinghunter0071 on September 14, 2021, 03:57:34 PM

Can one become rich as a salary earner?Without other or additional means of income, and without corruption?

Depends on what you mean by being Rich. If it means having enough for your needs and never lacking, then I believe you can as long as you spend the salary wisely and don't use it too satisfy your selfish desires. To be honest, the more you use your money to benefit others the more it comes to you. This is for those who believe.

I would have also suggested investing in businesses and other things but you limited it to just the salary.

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If you are a good speaker, a good doctor, a teacher, an engineer or whatever, you have to be really good at your subject.
You are sought after and well paid for the work. You are in the minority that can do what others in the profession cannot do.

Don Pedro Dinero

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You can definitely become rich, if you save and invest. The classical safe way was to invest regularly in an index fund, maybe through some IRA or some retirement account and also buy a house. If instead of buying a big house when you are young you buy a small one, you can pay it faster and then buy a second but as a rental home. Nowadays you have Bitcoin, even if your income is low, you can invest $10-$50 weekly and maybe you won't become a billionaire but you'll be much better financially in the future.

plr

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Quote from: Kinghunter0071 on September 14, 2021, 03:57:34 PM

Can one become rich as a salary earner?Without other or additional means of income, and without corruption?

It depends on your position and what kind of job you are doing if you are a factory worker and you are earning a minimum wage I don't think you can do it even if you work for 20 years in a company, but if you are holding a managerial position with a lot of benefits and bonus compensation you can be rich is just 5 years of course it also depends on the size of your company.

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Quote from: Kinghunter0071 on September 14, 2021, 03:57:34 PM

Can one become rich as a salary earner?Without other or additional means of income, and without corruption?

if you know how to handle your income and spend wisely , in time you will extend the means of income by providing small business to start with and make it grow.

many millionaires now starts as salary earner only but they know how to dedicate the funds and separate the expenses from collection as capital .

Marvelman

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Quote from: Kinghunter0071 on September 14, 2021, 03:57:34 PM

Can one become rich as a salary earner?Without other or additional means of income, and without corruption?

It depends on their salary. Professional athletes, for example. Sportsmen make more money on average than people who are income earner. But sportsmen are not generally earning a salary, but winning prizes and income from participation, practice and honorariums.

boyptc

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Quote from: Kinghunter0071 on September 14, 2021, 03:57:34 PM

Can one become rich as a salary earner?Without other or additional means of income, and without corruption?

Yes.

Look at those companies like Google and other big tech companies. Their CEO is earning big. In short, it's possible as long as you have a high position in a company.

Kinghunter0071

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Can one become rich as a salary earner?Without other or additional means of income, and without corruption?

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