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Showing posts with the label bad financial situation

A 100% success rate method of becoming rich?

I think I've figured it out using a combination of simple probability and evaluating risks. If the chance of failing is around 99.5% then after 1,000 tries the chance of failing is around 0.665396857% (or 0.995^1000). This means the secret to success would be to try a lot...like 1,000 times to guarantee success. But wait what if trying costs money and is risky? So now we have to do low risk things that costs no money 1,000 times! If I do that based on probability I should succeed. That's my plan I'm just going to keep trying all types of low risk things to gain money until I succeed. In order to reach 1,000: 30 days - 34 times/day = 1020 90 days - 12 times/day = 1080 180 days - 6 times/day = 1080 1 year = 3 times/day = 1095 I'm going to try to aim for 34/things a day so I can be done within a month. The pattern of success I've seen for online is: Find a product/service irresistible to a certain demographic  Find a way to legally gain money from that product/service ...

Get Rich or Die Trying?

 So I'm around $120k in debt at age 34 but have a good enough job for basic survival like paying my mortgage, bills, and for food. I guess it's close to a "get rich or die trying" type of scenario for me (that's what 50 cent called his first album by the way). What am I going to do to make enough money to pay off my debt and become rich? I guess I'll have to figure it out...this is what this blog is all about. Part of me is excited about this happening it allows me to finally attempt to become rich and get out of all of this stuff...