With just few days to wrap up 2019, some people are yet to accomplish their set goals, unable to achieve that financial status they visualize from the beginning of the year. This left many thinking on how 2020 will play out in terms of achieving financial freedom.

In this article I will discuss on how to get richer in 2020, sincerely, there are no “secrets” to getting rich overnight. But there are proven systems that anyone can use to become richer. 

Here’s what to do in 2020 to get a step richer:


If you really want to be a step ahead in your finance always have a plan for your Mony. You know the saying “Money will always flow to those who understand how it works, and away from those that don’t.” – Believe it or not, research shows that the rich people who stay rich live on a budget. They know that when they have a proper plan for how they spend money, they will never spend more than they make. I always recommend using a monthly zero-based budget that never allows you to spend more than you make.


Another step to secure your financial future is to make savings your top priority.
Look out for financial institution such as banks with high interest paying rates on savings account near your and open account with them. Always endeavor to pay yourself i.e save first before paying your bills. This way you will realize at the end of the year you save reasonable amount of money.

Also Read Banks with high interest savings account

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Investing your money is liken to the agricultural term “No sowing No reaping”
Your money doesn’t grow if you don’t invest it. Investing your is the most crucial thing you can do to ensure your financial future — and the sooner you start, the easier it is to get rich.

Statistics have it that, the average millionaire got there by investing in the stock market through the traditional retirement plans.

Let’s look at a real-world example of how to become rich by investing.
Say you decide to start investing in index funds with $500/ month, if you continue for 30 year. How much do you think you would have made?

Vola, you will be a millionaire after only investing a few thousand dollars per year.


You feel you salaries is not enough to meet up with your plans, diversify – because they are no limit to how much you can earn.

This is especially true if you Start Your Own Online Business know as side hustle

Starting an online business is one of the most exciting things you can do. 
This can be classified into 2 group:

1. Turning your talent and passion into profitable venture. For example if you are good in writing you can sign up with upwork, Fiverr and become a freelancer

2.Choosing from skills you can learn. Skills like:

  • Software development
  • Advertising
  • Affiliate marketing
  • Coaching
  • Online courses

With an online business, you can reach millions of people on the internet every day while scaling your product to help you earn millions online.
Though it requires time to build strong online business because have to get traffic, build an audience, launch a product etc. — but it’s all completely doable.

Plus you can automate your online business so once you frontload the work, the business keeps paying you again and again, even while you sleep.


those who become wealthy don’t Compromise They practice personal responsibility, build good financial habits, and practice them for a lifetime.

You hear all kinds of get rich quick schemes, money doubler as they are called. The fact is that these get rich quick schemes has landed many into serious debt even to early graves.
I’d advise you to avoid any programs that sounds too good to be true.

let discuss the secret of the rich getting richer.

Why are the rich getting richer and poor getting poorer? This particular question is one most frequently asked question.
One answers is that the rich understands the language of money though other factors might contribute to this fact. Factors such as greed, the government, priviledge, or any number of other things beyond any one person’s control. 

The true is self-made rich aren’t necessarily smarter than anyone else, but they have mastered some important principles that help them get rich and stay richer. Most important, they treat building wealth as a learnable skill — and it’s one that you can learn, too.

Ready to join the bandwagon of rich class?

Here are the secret gather on how to get rich and stay richer:

  • Have a financial growth mindset.
  • Take calculated risks
  • Get outside your comfort zone.
  • Network with other successful people.
  • Focus on self-improvement
  • Avoid overspending
  • Take time to reflect
  • Never completely retire.
  • Create multiple income flows
  • Invest.

Here’s detailed explanation;

Have a financial growth mindset.
This mindset helps successful and wealthy people believe that there are always bigger and better projects to work on and there’s always more money to be made. They’re open to exploring new ideas. They believe they’re always capable of making changes and creating a positive outcome.

2.Take Calculated Risks the rich don’t gamble on big financial decisions; they do what they can to mitigate risk. They do their research and analysis, and determine which options best suit their financial needs and business desires. They weigh the pros and cons, and then take Calculated Risks.

3. Get outside your comfort zone. wealth and success don’t emerge from the safety of a 9-to-5 job. They come from drawing on your inner strength and going for your big dream. All successful business leaders, visionaries and game-changers have gone beyond their comfort zones in order to achieve the ultimate success. The people who will go down in history had the courage to face their fears and take that first step into the unknown.

4. Network with other successful people.
Wealthy people understand the importance of surrounding themselves with other successful people. Wealthy people spend time networking with others who are wealthy but also have drive, talent and, most important, the potential to become wildly successful. The rich spend time every month getting to know other like-minded people at conferences, events and gatherings, or just grabbing coffee or a drink with someone interesting.

5. Focus on self-improvement
Wealthy people are usually avid readers, but you won’t find many mindless beach novels in their bookcases. The wealthy understand the importance of self-education and pushing themselves to become better in all ways. In fact, if you look at the books piled by their beds, you’ll mostly find Self-improvement

6. Avoid overspending
The rich recognize that the less you spend, the more money you have to grow your wealth. Keep in mind that frugality is relative to your income — a wealthy person may spend much more than someone who is considered middle class. But in relative terms, the rich tend to be thrifty, and they make sure they don’t overspend.

7. Take time to reflect
This is  time to focus on self-improvement and working through ideas. Some may opt for journaling or writing to help them come up with creative solutions and ideas. Just make sure you’re spending your time on productive thinking. Don’t waste your mental energy on ruminations or negative thought loops that will make you second guess yourself. The wealthy don’t.
8. Never completely retire.
The ultra-rich certainly have enough money to never work another day in their life, but the majority of them keep working, at least to some degree, often well past 70. That doesn’t mean they’re clocking long days at the office; indeed, they’re probably taking their fair share of vacations and enjoying flexible schedules. But many rich people never completely retire. This is not because they can’t afford to, but because they enjoy what they do.

9. create multiple income flows The more money you have, the easier it is to make more money. And the easiest and fastest way to make more money is to have Multiple Income Streams. That way you always have money coming in and can use the excess income to invest in new income flows. This, in a nutshell, is the primary way the wealthy stay wealthy.

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10. Invest
Rich people make their money work for them. They know that Investing Is The Key to growing their finances. While saving money for a rainy day is important, your investments are going to do the heavy lifting to help you become wealthy.

Final words, most of rich people  are rich not because they take advantage of people (they usually don’t stay in business long if they do), but because they understand the basics of money.


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