This will be a short, short, short guide on how to rich realistically. It's not meant to sell you stuff, and you will not get rich quickly. Getting takes time, likely tens of years. That's why you have to start early. I have the advantage of being pretty young, and that's also the reason why I'm creating this little guide.
In the beginning, I wanted to create long guide, but I started to think that creating a short guide with rules or laws, whatever you call them, would be more effective. A bit like I did with this guide: https://listed.to/@0xtardigrade/11746/living-a-healthy-life-through-sleep-diet-and-exercise
• Invest ideally between 20 and 30% of your salary every month in the SP500. You can do that through Vanguard for example. Even if there are crashes, or bear markets, the market ALWAYS goes up. Just look at the DOW since 1900.
• Just buy a few times one outfit, and wear that everyday. This way, you will be able to resist the idea of buying new, unnecessary clothes. Give all your other clothes to the poor.
Pro-tip: create three piles of clothes. One for the clothes you would like to keep, one for those you don't want to keep, and one for those you don't really know if you want to keep or give them. For that final pile, think for each of these, "how much would I be willing to pay to buy it again?". That should be doing the trick.
• Eat healthy and expensive food. Yeah, that's quite contrary, right? Well, the reason why is because expensive food is much more likely to have higher level of quality than cheap food. It won't always be quality, but the chance is just much higher. But the reason why you don't want to be greedy regarding food, is simply because it directly affects your health. And health issues are INCREDIBLY expensive, even here in Europe (and I don't want to imagine what it would be in the US). So it's actually cheaper to eath healthy expensive food, than to eat cheaply.
• You want to get a 9-to-5 job, and on top of that work on stuff you like, and try to create a business out of it. Like Naval puts it: "You’re not going to get rich renting out your time. You must own equity - a piece of a business - to gain your financial freedom."
Example, you have a degree in economics and have a decent knowledge in software development, well, get a job at a bank, and in your free time, start developing an app. Once you have a decent userbase, start monetizing it, in non-intrusive way. Once you are sure that this is the right path for you, quit your 9-to-5 job, and start working only on your business.
Always deliver a massive amount of value, and monetize it in simple, ethical, and authentic ways. That way, you will create superfans, essentially, people willing to buy all your services, people who will buy an airplane ticket just to be able to meet you. That's the kind of community you want to build. Like Naval puts it: "You will get rich by giving society what it wants but does not yet know how to get. At scale." (essentially creating value)
• Try to get good at things which usually aren't mixed together. The example of the economist with some software development capabilities (see above) is a great example of this.
• Constantly create content, whatever it is. Compound interest also applies to content, at least, if it's quality content.
• Regarding where you live, you want to buy a piece of land where you can build a house. And then build that house. Though, that house needs to be as low-energy-consuming as possible, ideally totally off the grid, and, as little as possible, as that will force you to 1. spend time outside (which will massively increase your health, and likely also your hapiness) 2. be minimalistic regarding your furniture and stuff you want to buy (which in most cases you don't need).
• Never buy a car, it's the worst investment you can make. Instead, buy an electric bike, which will improve your health as you are exercising, and you will save tens of thousands of dollars.
• Avoid all debt, the only authorized debt is for your ultra-economical house.
• Don't buy a TV, you will lose time, and it's unnecessary. Avoid as much as possible subscription-based services. Especially when it's for "entertainment". These things just make you lose time, and don't make you happy, so, why pay for it?
• Don't buy a smartphone. Just use an old phone like a Nokia 3310 and that's it. You don' need more. Besides, having a smartphone will make you lose time, and on top of that, you will be much more likely to subscribe to services you don't need. Finally, it's also much better for your digital privacy, as all these super-evil entities like Google and Facebook will not be able to use your data for very evil purposes (ads).
• Find a philosphy of life, whatever it is. It may be Buddhism, Stoicism,... Just find one, and start practicing it. You will see massive (positive) changes in your life. You will likely become much happier than you currently are, you will also most certainly have better and stronger relationships with people,...
• Read everyday, it doens't matter what you read by the way, just read. And remember: when reading, the slower, the better. Speedreading is certainly one of the most ridiculous inventions of mankind.
• Never go to the gym, it puts too much tension on your body.
• Avoid eating in the morning.
• Exercise everyday, but alternate. Example: Every two days, I do some push-ups, pull-ups and squats. And the remaining days, I do some yoga.
• Always exercise just after waking up, that way, you will not forget, and not be able to find excuses, and you will speed up the fasting process.
• Only drink water during the morning (and also during the day actually).
• Eat a salad with 5 different vegetables and some proteins at noon.
• Eat at least twice a week fish.
• At noon, after having eaten your big fatty salad, eat one fruit, and a handful of nuts (preferably almonds).
• Avoid eating anything with sugar during the evening (even fruit).
• If possible, eat healthy during the evening, if you can't because of social circumstances, it's not a disaster.
• In the evening, try to eat around 3 to 4 hours before you go to sleep.
• Never too much, nor too little, just eat enough.
• Don't sleep longer during the week-ends. Keep the same routine as during the week.
• Don't wake up with an alarm, wake up naturally. (you should be getting between 8 and 9 hours of sleep)
• NEVER, ever use the snooze button.
• Go to sleep at the same time every day, no matter what is hapenning, in 99.9% of the cases, it's actually not important after all.
• Always use people's names, it's everyone's prefered sound.
• Make it a game of listening to people, like, how long can you make them talk about themselves? People don't care about you. I know, it's harsh, but it's the truth. People only care about themselves, so let them do it. Avoid talking too much about yourself, just ask questions, which can't be answered with yes or no. Besides, you will cultivate a sense of mystery, because will know nearly nothing about you, your life, while you will know an enormous amount of information, leaving you with the cards in hand.
• Respect people, whoever they are, whatever their job is, and whatever their origin is.