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Get Rich From Scratch

Updated July 16, 2025

How to Get Rich From Scratch: A Step-by-Step Guide to Financial Success


Do you dream of getting rich, but don’t know where to start? Millions of people around the world are wondering: how to get rich from scratch, without starting capital, connections or privileges. The good news is that it is possible. Wealth begins with thinking, discipline and smart actions. In this article, we will look at how you can get rich from scratch, even if you start with no money.



Contents:


  1. Wealth Myths


  1. The Right Mindset Is the First Step to Money


  1. Financial Literacy: The Foundation of Wealth


  1. Income Sources: Active and Passive


  1. How to Invest from Scratch


  1. Personal Habits of Rich People


1. Wealth Myths


Before moving on, it is important to dispel popular myths:


Myth 1: To become rich, you need to be born into a rich family


Myth 2: Money is only luck


Myth 3: It is impossible to get rich without start-up capital


Fact: More than 70% of millionaires are self-made entrepreneurs who started from scratch.


2. The Right Mindset Is the First Step to Money


Wealth starts in the head. If you think that “money is evil” or “you can’t get rich by honest work,” your brain will sabotage any financial attempts.


What you need:

  1. Focus on growth, not limitations
  2. Positive attitude towards money
  3. Willingness to take risks and learn


3. Financial literacy: the foundation of wealth


You can’t get rich without knowing how to manage your finances. Even with zero income, you need to learn how to:


  1. Manage a budget
  2. Get rid of debt
  3. Save at least 10% of your income
  4. Learn the basics of investing


4. Sources of income: active and passive


Active income is what you earn over time (work, freelancing)

Passive income is what works without your participation (investments, business)


How to start earning from scratch:

  1. Freelancing on platforms like Fiverr, Upwork
  2. Creating a YouTube channel or blog
  3. Selling skills: design, copywriting, programming
  4. Online courses, consultations


5. How to invest from scratch


Many people think that investing is only for the rich. This is not true.


Investment options with minimal investment:

  1. Cryptocurrencies (with caution)
  2. ETFs and stocks via mobile apps (e.g. Revolut, Trading 212)
  3. Crowdfunding and P2P loans
  4. Self-education is the most profitable investment!


6. Personal habits of rich people


Rich people have common features. Here are some habits that will help you get rich:


  1. Early rise
  2. Reading books on self-development and finance
  3. Network environment and mentors
  4. Focus on goals
  5. Daily progress analysis


Yes! Wealth is not an accident, but the result of systematic actions. Starting from scratch, you can go from poverty to financial freedom if you are ready to learn, work hard and think strategically.


The main thing:

  1. Change your thinking
  2. Learn to manage money
  3. Earn - and create passive sources of income
  4. Invest - even with small amounts
  5. Improve your skills and environment


Read more:

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Where to Invest Your Money: A Complete Guide to Smart Investing by Stages

Managing Your Money: Why It's Just as Important as Earning It