Getting Rich is Really Simple (Tell Everyone) – Here’s My Formula

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woman standing with her arms out overlooking the london city skyline

I know that sounds ridiculous, but honestly – getting rich is really simple.

Anyone can get rich.

Yet it feels so overly complicated. The tax system, the stock market, the get-rich-quick schemes that promise the world yet, strangely, never seem to pay out.

It suits the banking giants and the stock market traders and the scam business owners to perpetuate this idea.

Think about that for a second – those that are already pretty well-off, those that make a living making money out of us, and those that control the flow of money in their day-to-day working lives, want us to believe that it’s hard to get rich?

Mmm. My cynical brain is working overtime on this one.

Could it be that it suits them better if we believe that?

I mean, if anyone can get rich all by themselves, we no longer need them or their expensive hourly rates, whizzy online modelling tools or teams of people to ‘teach’ us how it’s done.

No get-rich-quick scheme works, even though people peddle them daily. No-one wakes up one morning suddenly wealthy (bar the odd lottery winner of course, but we have more chance of being struck by lightning than winning the big bucks).

I’m not about to promise you eternal riches, if you could just transfer a large sum of money into my bank account.

What I am going to promise you is that, if you follow the method below, and you work your butt off, and practice some patience, you will get rich.

How Do I Get Rich Then?

Glad you asked. It’s a journey that takes you through 4 stages.

My formula for getting rich is:


The 4 M’s are all you need to know.

You can write them down, stick them on the fridge or chant them over and over before you fall asleep each night.

You need to have all 4 working together to be successful; here’s how it works:


Without the right mindset, with anything you do in your life, you will fail. You’ve failed before you’ve even started.

Why? Because our sub-conscious brains are powerful beasts. They control what we do and how we behave.

Just ask anyone who orders a dessert after a large meal, when they’re already full. They don’t need it, but they order it anyway. What about spending all your money, but it’s only halfway through the month? Each month the same thing happens. It’s frustrating!

If you can understand your relationship with money, your triggers and learn how to recognise when you are about to behave in a certain way – rather than after the event – you can change the course of your behaviour and therefore the outcome.


Managing your money is all about knowing where your money goes, so you’re in complete control.

I’m not a believer in detailed budget sheets or days spent coupon cutting, though. Life is short and we’re already busy enough. Wasting time stressing about whether you forgot to record every little amount you spent last week, is just not the way to go.

You just need to set up a system that works for you and stick to it. How you spend your money is entirely up to you, as long as it helps you meet your goals.

For me, automation is the way to go because it means I don’t have to have a fight with my willpower or claim that life is too busy, for me to manage my money.

Every pay day, my money is carved up and pushed into different accounts automatically, roughly split like this:

50% for fixed costs – this is for the things you need to pay for each month, to live. Your mortgage, rent, utility bills, food shopping and any minimum payments on debts. I have multiple direct debits coming out on different days of the month, which can be hard to track, so by moving money into a ‘Fixed Costs’ account each pay day and setting up the direct debits from there – I can pretty much ignore that account altogether and know that every bill gets paid on time. No more late payments fees.

20% for savings – your ‘for the future’ money, whatever that future thing might be to you. Whether you’re saving for retirement, building your emergency fund, to overpay debt, or perhaps for a wedding or a big holiday, it all comes out of this pot. Transfer the money into your various accounts on pay-day and you’ll never go a month without saving again.

30% for wants – the fun money! Anything non-essential to living such as your gym membership, Sky subscription, nights out and clothes shopping. What I do with my ‘fun money account’ is to fund it weekly from my main account, just taking the 30% amount and dividing it by 4. A top up happens automatically every Friday, just before the weekend and it’s a good way to make sure the fun money lasts the whole month.

woman standing with her arms out overlooking the london city skyline


Your mindset is sorted and you’re managing your money well, spending less than you earn. Great.

Now you can look at how to make more money – whether that be through saving money on your bills by negotiating with your suppliers, asking your boss for a pay rise at work, turning your skills into a profitable side hustle or by building a full-blown online business on the side.

The time and effort involved here varies wildly – it takes about 10 minutes to switch your energy supplier, to save a chunk of money over the course of a year, but hours and hours of effort to get an online business up and running. But here, the reward will be much greater.

What you choose to do will completely depend on your personal circumstances, how much extra money you want to bring in and how much you are prepared to sacrifice in the short term.

Think it’s impossible to make one million in 5 years? It’s entirely possible.


The final piece in our puzzle is to make sure that the money you’re able to put away, is invested successfully.

And that doesn’t mean in a bunch of low interest easy access bank accounts – that’s where your emergency fund lives.

You need to ensure your money multiplies by putting it in the right place. The right place being low cost index funds and ideally, invested through tax efficient accounts.

Then you need to leave it there for a minimum of 5 years, probably 10, and ideally much longer for compounding to take effect.

Don’t get drawn into buying individual stocks; no-one can predict or beat the stock market, even though it’s big business for those that appear to know how to do so.

‘Slowly Slowly Catchy Monkey’ is the rule here – that old English proverb that says if you avoid rushing and being too hasty, you will eventually achieve your goal.

Final thoughts

Achieving your goal of being rich, whatever that term means for you, is entirely possible if you follow the path above. It’s not easy and it won’t happen overnight, but as we know, get-rich-quick schemes just don’t work. This is a proven method and it does work. And I’m here to help you along the way too.

Let me know where you are in your financial journey and what your ultimate goals are, in the comments below.


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