How nice it would be if we were all born wealthy? It would be great if we could inherit a great amount of wealth from our parents, or grandparents. The reality is most people that are wealthy, become wealthy through their hard work.
Statistic has shown that 69% of wealthy Americans gained their wealth through hard work, investing, or ownership of a small business; 6% gained their money through inheritance; 25% become wealthy through both hard work and inheritance. That should make us feel good. It is possible for everyone to become wealthy if the right action is taken.
Most wealthy Americans believe their willingness to take on higher risk at the right time has made them successful. Of course, success comes along with tremendous efforts that they put into. In general, higher risk results in higher return. People who become wealthy through hard work are generally happier. People who inherited wealth from others tend to have more difficulties related to the money situation, such as how to allocate money between family members, and so on. People who are hard workers also have more control over their financial situation. They understand the market, recession, and the opportunities. They feel less stressed and more secure.
Working hard, taking risks, and accumulating what you have, can eventually make you financially secured. It might take some time and some luck, but it will happen if you keep making the right decisions.
http://finance.yahoo.com/banking-budgeting/article/104858/Earnings-Growth
http://www.unusualwaystomakemoney.com/
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