To think I'm meant to be rich and frustrated that I'm not?

[JackBlackintheSack]

Do not to drip feed, I have aspergers which may or may not be adding to the frustration.

But basically I have always had this feeling that I'm going to have a lot of money some day - like that's where I'm meant to be. I have a creative mind but ADHD so have trouble utilising ideas. For years now I have tried to work out the path to money but nothing feels right. I tried writing thinking maybe I'm meant to be an author but I could never finish a book. I started furniture restoration but the profit was peanuts. Christ I even studied the lottery but that wasn't right either as I don't want to be handed the money, I want - and feel like I need to EARN it but how?? My mind is constantly going round with business ideas but to start any of them, I need money from the off.

I'm financially comfortable at the minute, household income of 50k+ but it's not enough to invest without taking a massive risk.

I believe the answer may lay in property development - especially as DH can do pretty much any DIY from electrics, plumbing, kitchens, minor building work etc so our outgoings would be low and profit high but when I looked into buying a second property the deposit needed was around £20k - how the fuck do I scrape £20k together??

I'm becoming so frustrated. There is a voice in my head constantly screaming "there MUST be a way!" But whoever I try to concentrate and come up with something my head goes to mush.

Anyone else ever feel like this??

Investment doesn't have to be a risk. There are plenty of safe stocks. You just need to put in the effort to learn how to value stocks and predict market movements.

You have enough of an income to play with re savings/investments etc and there is great satisfaction to be had in that. But sounds like you want flash in the pan projects not long term work that actually makes you rich.

Quick fix people who are always looking for a trick or secret never get rich and actually spend a fortune on false economies, which they don't see as they focus on the short term wins

They say the difference between a famous artist and a normal bod has absolutely nothing to do with talent and everything to do with self belief and drive.

Just thought I'd throw that out there.

If my income was 50k plus...I would think I had arrived and WAS rich.

I know many rich people. They worked their arses off and it took a long time and it was a big struggle before they were successful. DH and I aren't "rich" but we've gone from earning very little in our early 20's to DH earning 6 figures now in our late 30's. It was part luck (the job he chose) and part proper graft. We all suffered a bit (overwork, not spending enough time with each other/the kids, living with my parents for a while).

Are you trying to say you want to start your own business? It's very tricky and pretty unlikely you'll become rich. Lots of businesses fail. DH had 2 businesses. Both went under and left us worse off. Luckily the 2nd led to what he does now.

Lots of people want to be rich. I'd love to be but we are very comfortable so I am happy with that and I day dream about jetting off to exotic places several times a year .

Yes I certainly have champagne taste and beer money.

I just don't have the drive.

Is this serious.. you have a feeling you're meant to be rich?

As already mentioned, most wealthy property developers are wealthy through a huge housing boom - not necessarily because of some amazing skill or superhero hard graft. Past performance is not indicative of future results etc.

I think a 50k income makes you much richer than an awful lot of people. Writing a book would earn you on average 7k a year if you're lucky. It's not the path to riches. Property really doesn't get you there either these days.

I empathise with how you're feeling because I think a lot of people are waiting and hoping for some win or change of fortune but you really need to be grateful for what you've got. Fair enough to develop your passions but for their own sake and not financial gain.

Ah but then titsy most of the rich people I know come from rich families. Wealth breeds wealth and all.

I've written 14 professionally published books. I'm not rich. Alas.

Ah you remind me of an ex of mine - always believing they were entitled to money and never actually doing anything towards getting it - other than moaning that insert reason of the day was preventing them from the fabulous life they deserved - because they were AWESOMe - because they SAID SO DAMMIT!

You already are rich by many people’s standards, you earn £50k. If you aren’t comfortable then maybe you should have a look at your outgoings? Many people would love to earn that amount of money.

I just finished reading a biography of a woman who always felt she was entitled to be rich but wasn't. It didn't end well. Try to learn to be content with what you've got, which is vast by any standards.

Best way to become rich is to patent something that everyone needs generally is very benign boring uncreative things that make money...the guy who invented the cardboard that goes round coffee takeaway mugs the woman who created the wringing mop...my grandad made quite a bit in a Asian country where he would pick up furniture and other things and sell them in the U.K. As antique/foreign goods.

I'm with Rhiwrites. I'm an author and I'd kill to have a household income of 50k. Try a tenth of that and you'd be close.

I believe the answer may lay in property development - especially as DH can do pretty much any DIY from electrics, plumbing, kitchens, minor building work etc so our outgoings would be low and profit high

Apologies for being a wet blanket but if you are doing any form of property renovation, 'being good at diy' is not a good enough reason to cut corners to make a profit. He needs to be in a professional position to issue certificates of the safety and competence with regard to the work he has done and whatever other guarantees of the standard of workmanship and safety of installation a seller needs to provide.

Similarly if you want to do anything like this in a 'handmade crafty' way from Augustarella's link upthread, www.mrmoneymustache.com/2017/03/06/etsy-shop/
One pic shows the person mixing fragrance oils - some (if not all) are regulated to the hilt nowadays in the UK and a licence is required to sell them. You can find yourself in a situation where if you buy two already licensed oils then mix them together yourself, there's suddenly a need for a new licence and they can cost thousands.
Doesn't mean it's impossible, but again, be aware of the actual trading situation before you start, research, research and research some more.

Study the lives of people you wish to emulate, study how they started out, what their goals were, what steps they took to achieve them and what they are doing now - very few successful people just make a fortune then do nothing afterwards.

Some people do have an idea or even a dream like Stephenie Meyer and then opportunities seem to propel them towards a fortune with them making seemingly little effort. It seems like that's what you expect will happen to you.

Best of luck with that, but the rest of us need to try a bit harder

Depends what rich means to you? As others have said 'to them 50k a year is pretty rich' but then I guess it depends what you are paying out for each month to how much you have left. If I was getting 50k a year I could save quite a bit and invest it.

I think you just want to feel successful and I often feel the same but then how far would I have to go before I think 'I've made it'?

Do you just want enough so you can retire early?

The only way to get rich is to pick something and stick to it. As you have a disability you have to be smarter about what you pick and how you stick to it. If you are overflowing with ideas but have ADHD then forget business and focus on the creative. Pick a creative field, then choose the most lucrative end of that field, then go for it and stick with it. Have a safety valve activity that you can use to decompress when it all seems a bit much, which will help you to get back to the job at hand with the minimum of distraction. So, for example, if you think you have it in you to be a writer, focus on writing screenplays. Take some courses, commit yourself to spending x hours per week on writing your calling card screenplay, learn about the business. Whenever you start feeling like you have to flake out and get some downtime, indulge your love of some other thing for a few days (e.g. shopping, visiting famous gardens, or just going to the cinema which will at least be relevant). You may well get rich, or along the way you may find you love what you're doing so much it no longer matters. I speak from experience.

50k a year and you don't feel rich?
Whilst I'm over here on my pittance of a nurses wage

Money doesn't equal happiness.

Total family income of 50k - that could be two lots of 25k.

I think the op doesn't want to earn a high wage, just do something that gives her another income so she can have hobby-jobs and not worry about how much/little they pay.

Op - life doesn't work that way. unless you dump your dp and set out to marry money

have a look at genevieve davis's book, 'becoming rich,' or listen to it on audible.

I don't think there's a way round it unless you are prepared to put the effort in. Sorry.
Even people who have been given an easy start mostly only multiply it significantly if they are prepared to graft at the boring bits.

Even as a joint household income of two lots of £25k - that's still way more than a lot of people have to live on.

It's rich to me and people like me.