13 steps anyone can take to get rich, according to a journalist who spent his career studying millionaires by Kathleen Elkins on Nov 3, 2015, 1:00 PM Advertisement
 Prompted by legendary businessman Andrew Carnegie, who turned a few nickels and dimes into a fortune, journalist Napoleon Hill researched more than 500 self-made millionaires over 20 years before releasing his 1937 best-seller "Think and Grow Rich." "It was Mr. Carnegie's idea that the magic formula, which gave him a stupendous fortune, ought to be placed within reach of people who do not have time to investigate how men make money," Hill wrote in the preface. The 13-step "magic formula" — which involves no mention of "money" or "wealth," but focuses instead on breaking down the psychological barriers that hold us back from attaining our own fortunes — is just as relevant today, 78 years later. Here are Hill's 13 steps, in his words and ours: SEE ALSO: 6 timeless money lessons from a nearly 20-year-old personal finance classic 1. Desire: You have to want it. All of the super wealthy started with a certain amount of dreaming, hoping, planning, and desiring before they became rich. They imagined riches before they saw them in their bank accounts, Hill explains: Wishing will not bring riches. But desiring riches with a state of mind that becomes an obsession, then planning definite ways and means to acquire riches, and backing those plans with persistence which does not recognize failure, will bring riches. This is not so different from the modern-day concept of visualizing a savings goal with a specific price tag.
2. Faith: Believe that you can achieve your goal. Growing rich starts with your mindset — with the belief that you can accumulate wealth. Hill writes:
Riches begin in the form of thought! The amount is limited only by the person in whose mind the thought is put into motion. Faith removes limitations! As self-made millionaire and author Steve Siebold writes, "Being rich isn't a privilege. Being rich is a right. If you create massive value for others, you have the right to be as rich as you want."
3. Auto-suggestion: Use affirmations to reach your goal. Turning desire for money or success into reality requires sending your subconscious mind phrases and mantras that support your goal. You have to repeat out loud what it is that you want, and how you plan to get it, so you become obsessed with your purpose, Hill explains: Your ability to use the principle of auto-suggestion will depend, very largely, upon your capacity to concentrate upon a given desire until that desire becomes a burning obsession. For example, if you aim to save $1 million for retirement by putting away money every week, you would repeat, "I will set aside money this week to have $1 million in retirement savings," as many times as possible each day.
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