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How to Get Rich in America Or the United Kingdom or Anywhere



How to get rich in America or the United Kingdom or anywhere

Everyone aspires to become rich. Having a lot of money to be able to lead a comfortable and luxurious life is what everyone desires. Whether you are from the United States, the United Kingdom, or anywhere else, you would definitely have a wish to become rich. After all, you work to earn money and so aspiring to get rich is but natural. The million-dollar question is how to get rich? How can you earn plenty of money that allows you to lead a life of comfort with all your desires fulfilled? We look at the answer to this all-important question.

In order to become rich you need money. There are two ways of getting money, one is to inherit it and the other is to do something to get it. You can inherit money if you have rich relatives ready to leave their money to you. Not everyone can get lucky this way. So, we look at the other option, which is to do something so that money would come to you and you can get rich. You can buy a lottery ticket, participate in a sweepstake or go to a casino hoping to strike it rich. Here, you are depending on luck and the probability of becoming rich is pretty less.

You, therefore, need to do something to earn money and not depend on someone to give it to you. We will, of course, restrict ourselves to only considering the legal ways of becoming rich. A question that arises is how much money you need to earn to become rich, a million or ten million? This depends entirely on you. What you want to do with the money will determine how much you need. Whatever may be your target, you need to work systematically towards getting that money.

Here are some of the ways by which you can become rich, irrespective of the country you are from.

  • Get a reliable source of income

To get rich, you need to earn money regularly. For this, you need a source of income that is reliable. You need to earn money every month that would take care of all your needs and wants and also allow you to save some money. The primary source of income would be a job. It could be where you work for someone else, or you work for your own business.

  • Take up a job: This is the obvious way to earn money and be rich. Work in a job where you can get a lot of money. To get such a job, you need to be qualified and experienced. This calls for study well to gain a good qualification. You then would need to start working to gain experience. Once you gain sufficient experience and pick up skills that make you competent to do work successfully, you can look forward to earning good money. Every organization looks for people who are skilled, experienced, and can add value to the organization. If you can prove that you meet these requirements, there is no reason you cannot get a good job that helps you earn plenty. Working hard always gives you good results. You can look forward to being promoted and earning a higher income, as you progress on your career growth path. There is no shortcut to hard work. Acquire skills, work hard, and prove yourself – money will definitely come your way.
  • Work for yourself: If the idea of working for someone else does not appeal to you, then you can work on your own. If you are confident about your abilities and prefer to be independent, start out on your own. You can become a freelancer and work from home in an area in which you are skilled. You can even consider starting your own business. This is when instead of waiting for a paycheck every month, you can write paychecks for your employees. Starting a business requires expertise in your area of work, confidence, preparedness to take risks, ability to manage customers, and business acumen. If you have all these, you can consider starting a new enterprise. Money today is not a major problem. We live in an age where venture capitalists would be happy to fund startups that have a viable idea and a business plan. This is a great way in which you can make big money. You can earn much more than you do at a job. You can take a salary for the work you do, and take home profits from the business. All the billionaires in the world are those who have run a business successfully. There is no reason you can’t follow their path to become rich.
  • Try to get multiple sources of income: Getting a job or starting a business are the two ways of earning an income. To become rich, you can look at earning from multiple sources. Apart from your regular job or business, you can look at other ways to earn money. You can work part-time in the mornings or evenings to have a second source of income. You can take up freelance work along with your regular work, so it can help you earn money. Freelancing gives you the liberty of taking up work at your convenience. If you are too busy in your business, you can focus only on that. During lean times, you can take up freelancing as an additional source of income. You can earn money from many innovative sources. Most people use social media. You can use social media to earn money. If you have many followers on social media, you can become an influencer and earn money from companies to promote their products. You can make videos on YouTube in your free time and look forward to earning money from them. You can take up blogging in your free time and look at it as a source of income. If you have products to sell that you can make at home, you can sell them online or tie-up with Amazon and thus get into e-commerce. For those interested to make money and ready to think out of the box, the sky is the limit. The internet connects you to the entire world and has opened up prospects of earning money from different ways. You need to have a skill area/domain expertise. The rest would be easy. Having multiple sources of income ensures that you can make more money and become rich quickly. It also is a backup, in case something happens to your main source of income.
  • Develop passive sources of income

Working to earn money is an active source of income. There are many ways by which you can earn money without doing anything actively. You need to put some effort to create an asset that helps you create a source of regular income. Some of the ways this can be done include:

  • You can use the money you have saved to buy property on which you earn regular rental every month.
  • You can invest money in a bank deposit that would earn you regular interest that would be a passive source of income.
  • You can write books that can help you earn royalty on their sale.
  • You can buy stocks that give you a dividend every year.
  • You can create a blog, website or YouTube channel where you can earn from advertisements.


  • Cut expenses to save money and become rich

To become rich you need to save money. Saving money is possible by cutting down frivolous expenses. If you have a burning desire to become rich, you need to make some sacrifices. The sacrifice you make now will help you lead a life of comfort later. You can cut down on expenses on entertainment, dining out, luxury vacations, buying designer clothes, etc. These expenses are not really needed. You can also reduce your bills by spending only on essentials and looking for savings when you shop. All these will help you save more money every month. This is a good way of accumulating money to become rich.

  • Invest the money you have saved

Savings is the money left over after spending the income you earn. The more you save, the more the wealth you can generate. Savings by themselves are not sufficient to get the money you need to become rich. You need to invest your savings to earn returns that will make you rich. Some of the ways you can do this are:

Invest in the stock market

One of the proven methods of earning a lot of money is from the stock market. This is where you buy stocks or invest in mutual funds. Stocks of companies would rise in value and help you to earn a lot of money. The stock market is a risky proposition, but if you are ready to accept risk and are ready to stay invested for a long term, you can look forward to becoming rich easily. The stories of legends like Warren Buffet act as an inspiration for many who want to become rich through the stock market.f

A systematic approach, by which you invest money every month to buy stocks/mutual funds, can help you create wealth. Assuming a conservative return on your investment, if you invest 5000 every month, you can easily become a millionaire within 20 years. The more money you invest, you can accumulate more wealth. This is the best way of becoming rich. To do this, you need to save money every month and invest it wisely

  • Invest on property

Property or real estate would appreciate in value over time. If you have money, you can invest it to create an asset like real estate. You can buy land or buildings and then wait for some years until its price increases. You can then sell the property to make money. Investing in the right property after doing a proper study of the real estate market can help you earn a lot of money. This is a good way to become rich.

  • Retirement plans can make you rich

Most employed persons would have a retirement plan offered by their employer. Even otherwise, you can open a retirement account, where you invest money monthly or annually. This money would be invested in safe options like bonds or in the stock market (as per your preference). When you invest in this way in your 20s when you start working, by the time you retire you would have earned quite a lot of money. Creating a retirement fund is one of becoming rich by the time you retire. This can help you lead a comfortable post-retired life.

  • Invest in commodities

One more way of earning money is to invest in commodities like gold, silver, platinum, and so on. You can buy gold physically or even invest in the futures market, where you can speculate on the future price of a commodity and make money. This is a good way to earn money. It requires specialized knowledge and a thorough understanding of the market. If you have such knowledge, this is yet another good investment option to become rich.

  • Invest on yourself to become rich

Since it is you who want to become rich, you need to invest on yourself. You can gain the skills needed to succeed in your work by undergoing courses or training programs. This is money worth investing in. You can also attend courses on self-improvement to help you in your career. This is a good way to grow in your career. Investing on your health in terms of being fit ensures you are healthy enough to be able to spend money when you finally become rich. This is one of the best investments to make in your quest to become rich.

You can become rich by following the ideas mentioned in this article. It is not difficult; all it needs is having an action plan and focusing on achieving the plan.


Corporate treasuries under pressure need multi-banking trade finance technology



Corporate treasuries under pressure need multi-banking trade finance technology 1

By Andrew Raymond, CEO, Bolero International

The pressures on corporate treasuries in global trade have continued to mount since an HSBC survey last December found many felt ill-equipped to meet the demands placed on them.

Since then the pandemic has caused massive disruption and has overturned many carefully-laid plans. The same pressures identified in the survey remain, but have intensified. Treasurers still face ever-more complex flows of information from multiple systems while relying substantially on manual processes. At the same time they are expected to drive change and provide strategic insight.

It was no surprise then that two-thirds of treasurers in the survey were planning changes to the technology they used as part of transformation programmes to increase efficiency and bring greater visibility to treasury operations.

Reliance on manual methods and paper documents makes little sense and is unsafe

As we move through the pandemic, pressure on cashflow and working capital remain potent factors. Many treasurers working for enterprises engaged in global trade know that continuing to use manual methods to manage credit lines, and important trade finance instruments such as letters of credit (LCs) or guarantees is hard to justify in an age of digitisation and multi-banking trade finance solutions.

Not least because of the constant problem of fraud and forgery in relation to paper documents, which has led some banks to withdraw from involvement in commodity trade finance. The allegations of prolonged major fraud against the oil trader Hin Leong in Singapore are a case in point, sending tremors through the trade finance world. Court documents reportedly allege the fraudulent use of 58 import letters of credit that were not supported by any underlying transaction. Forged bank statements, bills of lading, sales contracts and invoices are also allegedly involved in very substantial fraud designed to cover losses and give a false impression of liquidity.

The case has not just exposed the susceptibility of paper trade documentation to forgery – it has also prompted some well-known European long-term commodity finance banks to withdraw or review their activities in this field. None of this makes everyday operations any easier for corporate treasuries still using paper in trade finance.

Reducing fraud through digitisation of trade finance

With fraud such a substantial problem, treasurers need to think hard about digitisation and how it reduces the risks. Paper documents can be forged when out of sight while being couriered around the globe. Once a document is digitised, however, fraud or forgery become extremely difficult because of encryption and audit trails. The electronic document remains completely visible at all time, but only to those engaged in the transaction and only the legitimate holder can amend it.

Increasing the efficiency of each trade transaction through digitisation

Digitisation substantially reduces the chances of fraud, but it also transforms how treasuries manage credit lines, letters of credit and guarantees, vastly increasing the speed and efficiency of transactions. It also maintains relationships with preferred banks.

In a digitised workflow, automation takes care of the data-uploading for LCs, while transfer between parties is at the click of a mouse across secure digital networks. LCs are notoriously complex instruments requiring close attention to detail and strict compliance with the rules governing their use. Compliance-checking can also be automated to reduce the administrative burden on treasuries and increase accuracy.

These advantages are important because the use of paper under LCs can imperil a transaction at many potential break-points. Documents must be presented physically, often to a prescribed location. Yet being time-limited, LCs (and bank guarantees) often expire before they are used, or their presentation periods are found to have been exceeded. Prevention of these problems requires constant supervision and many hours of work. When lines expire, new and potentially more expensive credit must be negotiated, while failure to present on time threatens transactions, leads to substantial extra costs, delays in releasing cargo and poor relationships between counterparties.

Consolidating credit lines and trade finance on a single, easy-to-use platform

The most effective form of digitisation for corporate treasuries is through a multi-bank trade finance platform which will slash the time involved in supervising credit lines, LCs and guarantees. An exporter may have thousands of LCs and guarantees with dozens of different banks. Optimising their use still requires laborious logging in and out of banking portals. Finding a single LC or guarantee relating to a transaction can be very difficult.

If treasuries implement multi-banking trade finance solutions, they will eliminate the need to toggle between different bank portals. They gain quick and easy access to all their banks, along with far greater visibility and control of all their credit lines and individual LCs. From a single platform they can manage and edit all their trade finance documentation and electronic presentations, as well as open account transactions and electronic bills of lading. All tracking and reporting is accomplished with a few mouse-clicks, while communications with banks remain secure. This is a major advantage when remote working is on the increase in so many areas of the globe.

As the world changes, but the pressures intensify, there is an urgent need for treasuries to grasp greater efficiency and visibility in their management and optimisation of credit lines and trade finance. It makes the adoption of multi-banking trade finance solutions an obvious first move.

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How can financial services companies deliver great customer service and retain customer loyalty? 



How can financial services companies deliver great customer service and retain customer loyalty?  2

By Chris Angus, Senior Director, 8×8

The reality many banks are facing now is that given Amazon Prime can deliver goods to our doors in less than 24 hours, even during a pandemic, consumers expect the banks they use to keep up with their needs.

People want to be able to access their bank accounts, services and speak to an expert within a matter of minutes, whether it’s via an app on their device, web-chat or over the phone – their expectations are high. Adding to this, the World Health Organisation has advised consumers to use cards instead of banknotes during the Covid-19 pandemic – changing the way consumers pay for products.

With the recent health crisis forcing contact centres to shift to home working, collaboration can be more challenging, especially without the appropriate IT systems and applications in place. A delay in communication or unavailable information can, over time, cause reputational damage.

According to Deloitte, the bank of 2023 will look very different from today, making it clear that financial institutions should consider how they  prepare for the future.

  1. Review your business communications strategy – both inside and out.

A crucial part of this preparation needs to be on reviewing business communications – both internally and externally – ensuring that employees can seamlessly collaborate and connect regardless of their location.

And technology is key to this movement, not only between teams, but also with customers. With the right communication tools in place, employees can gain better insight and deliver services that meet customer expectations. This results in not only satisfied customers, but also happier, and more motivated employees. All of which goes towards truly building a solid foundation for business recovery and continuity.

For many businesses right now, the future feels uncertain, so it’s important to consider the flexibility of solutions before deployment. Cloud computing, for example, allows businesses to stay nimble, scaling up and down their requirements to reflect the needs of the business and their customers.

  1.  Implement an ‘Operate from anywhere’ strategy 

The first half of 2020 was defined by the need for agility, an adjustment in how we operate our day-to-day lives and how we communicate both professionally and personally. The remainder of 2020 and beyond will focus on the application of technology to define how we reinvent working and connecting with each other, our customers, partners, and beyond.

Chris Angus

Chris Angus

To deliver great customer service, while ensuring employees are happy, productive and most of all safe, businesses need to be able to operate from anywhere. Yet, for many with contact centre requirements, this is not an easy transition. Enabling contact centre agents to work flexibly and from remote locations is now a critical component of business operations that must be top of mind for the entire C-suite.

Agents need to have the right tools to ensure they can continue to provide the same level of customer service, from any location. For an operate-from-anywhere strategy to be effective, organisations should consider how they can combine voice, team chat and video meetings on a single technology platform.

The use of multiple apps for multiple purposes can have the opposite effect than intended. Unifying communication channels enables collaboration and productivity while minimizing complexity. It also means a more streamlined and efficient experience for both employees and customers aiding great customer service.

  1. Meeting expectations is key

Not only have recent events affected contact centres operations, but the traditional, in-person branch experience has also been significantly impacted. Bank branches can now only accommodate a small percentage of customers. These restrictions have accelerated the impetus for businesses to meet their customers’ needs online, but also, the expectations of customers  have also evolved rapidly.  Virtual instant communication between businesses and consumers is now becoming a basic customer need. For financial services, this means considering digital-first applications, such as chatbots or instant messaging, where possible.

Businesses now also need to be where their customers are and offer them an omnichannel experience. Via the cloud, businesses can continue to serve customer needs through multiple channels such as voice, video, email, SMS and more.

While meeting expectations needs to be a priority – it’s not enough. Financial services institutions need to ensure they meet those expectations at speed, being the new battleground for competition. When it comes to finances, consumers expect their problems to be dealt with at speed and to the highest standards.

In summary, taking a technology-first approach which enables both employees and consumers to operate and access their data and communication tools from anywhere is the defacto business priority. Helping the financial services industry empower employees to better serve customer expectations with speed and accuracy – and ultimately delivering great customer service.

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How payments can help streamline operations and boost customer satisfaction in the vending industry



How payments can help streamline operations and boost customer satisfaction in the vending industry 3

By Darren Anderson, Business Development Manager, Self Service, Ingenico Enterprise Retail

The COVID-19 pandemic has had an astounding impact on the payments industry, causing cash usage to plummet as contactless and card-not-present volumes soared. Of course, this phenomenon was not unforeseen by payments professionals, who had predicted such a movement away from cash, but not at the speed the virus guidelines facilitated. In fact, due in part to the hygiene perks of contactless payment methods increasing its adoption, 50% of customers think that cash will disappear completely at some point in the future.

The unattended market was ahead of the pandemic in terms of contactless alternative payment method (APM) adoption, and it continues to upgrade its offerings to suit a wider range of industries. Nevertheless, the pain point for vending operators is that they’re often not sure exactly how these technologies work, or how to implement them. And with payments offerings constantly evolving, it’s becoming harder for vending operators to know which solution would be the best fit for their business.

As such, one easy way for vending operators to ease this load is to partner with a knowledgeable payments advisor who can not only provide the best solutions for their business, but guide them through the process and any need-to-knows. It’s also important to investigate the payments trends across the vending market, what the future might bring and what vending operators need to know about newer payments technology and the value it can bring to their unattended retail business operations.

Vending through the pandemic

Coronavirus has impacted the unattended market in various ways. In some cases, vending machine use has decreased as a result of lower footfall and closed premises. However, the nature of vending being self-service, for many it’s just been a case of upgrading systems to meet new guidelines and hygiene recommendations to start boosting their usage again. As cash usage decreased over the course of the pandemic, cards and APMs stepped in to provide a host of benefits, and as customers use and enjoy these seamless technologies, they are fast becoming the preference.

These developments have provided the opportunity for vending operators to embrace newer technologies which, although ultimately positive, can prove daunting if such retailers are not accustomed to working closely with payments. Fortunately, the vending market is in a great position to take advantage of new contactless technologies, being already low on human interaction and having 24/7 capabilities.

Darren Anderson

Darren Anderson

What’s more, the market can not only cater to consumers’ evolving needs, but it can also provide the flexibility and reliability that consumers are relying on as the world around them is changing. Many new technologies can also improve the general operations and management of vending, offering features such as easier on-the-go stock management and maintenance notification technology.

Keeping the consumer in mind

Consumers today want to enjoy the latest innovations and best-in-class customer experiences. These shoppers believe that self-service is a time-saver, and they also view cashless and contactless as faster and more seamless ways to pay – a fact which is reflected in the recent consumer demand for a wider variety of APMs. Customers now expect even more options to pay for their goods and services, from QR codes, to in-app payments and more.

Alongside the cashless trend, data-security and customer experience are two other factors driving the vending market evolution. With constantly evolving fraud developments in the online world, good security is more pertinent than ever, and has to be a central consideration to vending operators – as well as ensuring a seamless customer experience.

From a customer usage standpoint, mobile payments are becomingly increasing popular, as driven by the Gen Z market. According to our research, 63% of Gen Zers have said they would pay more for a mobile experience[1].

Trust and a good experience are also considerable factors across all customer groups, with 95% of customers claiming their loyalties lie with a company they trust[2], and 86% willing to pay more for a positive experience[3].

To appeal to ever-hungry consumers, vending operators need to provide the options they want. In the unattended market, this is relatively simple – not only do they provide a convenient and reliable method of payment for customers, but they also avoid face-to-face interaction. They can also supply a range of different products and accept a variety of payment methods to appeal to all customers, no matter their preference.

Using payments to drive revenue

Driving revenue is a two-pronged approach – you need to appeal to customers to keep them coming, and streamline operations to reduce overheads. In order to meet both parties’ expectations, it’s important to respond well to new vending challenges, taking note of the solutions that enable merchants to provide their customers with the payment methods they prefer.

Payments are complicated, so there’s no need to worry if you’re not hugely familiar with the offering out there, or unsure where to start – that’s where a payment service provider (PSP) can assist. With the expertise that a PSP brings, along with the technological solutions they offer, vending operators can improve customer journeys in all unattended environments.

Such technological solutions are flexible and can cater to specific business needs, while providing easy, quick, and secure payment methods that protect both the business and the customer’s personal data. They can also improve operational efficiency, increasing business performance with features such as real-time reporting and smart transaction management, to provide a best-in-class customer experience.

With smart devices, a secure gateway and advanced acquiring capabilities, PSPs can help vending operators design a flexible vending solution tailored to their individual and specific needs. To find out more about unattended retail and how your company can benefit from Ingenico’s unique expert knowledge, get in contact with Ingenico Enterprise Retail today at

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