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Learn the key ideas of the book by Wallace D. Wattles

The Science of Getting Rich

Timeless principles for creating value and becoming rich

If we create enough value for other people, we will become rich. In his book, The Science of Getting Rich, Wallace D. Wattles provides a method for accumulating wealth and living in prosperity, which consists of a series of principles and practices. Money is just a medium for the exchange of value: if we are able to provide people with enormous amounts of value, we will receive a corresponding amount of money in return.

The Science of Getting Rich
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If we create enough value for others, we will become rich, and in order to do this, we must follow a specific formula, consisting of a few basic principles

Our desires often seem to be constrained by limited resources: we may feel that we do not have enough time, enough opportunity, or enough money. So, we would probably be a little sceptical if someone told us that we could actually have access to unlimited amounts of all of these resources, if only we learnt to think and act in the right way. Yet, Wallace D. Wattles maintained just this, and perhaps we should believe him, since he went from living in poverty, without money, education, or contacts, to a whole new life of wealth and prosperity.

In order to live a full life, we must nourish our mind, body and soul and, according to Wattles, this requires material wealth, among other things. This is because material wealth gives us the chance to feed our mind, body and soul to the fullest, and inspire others to do the same. In his book, which, not surprisingly, has been around for over a century, Wattles wrote: “If you want to help the poor, and demonstrate to them that they can become rich; prove it by getting rich yourself”. 

Wattles' mission in writing this book was to share a simple method for achieving wealth and prosperity with as many people as possible. This method consists of a combination of thoughts, attitudes, and practical actions, which are aimed at creating value for other people. In fact, the author maintained that this is the way to become rich, because the more we help people get what they want, the more wealth and prosperity will come our way. Money is simply a bargaining chip for valuable stock or goods, so the more value we provide to others, the more money we will get in return.

The universe wants each of us to live an abundant and prosperous life, so we should wholeheartedly embrace our natural desire to be rich. In order to become wealthy, we should follow a series of principles, each of which consists of a combination of a certain mindset and practical actions. These principles teach us how to develop a plan, in order to maximise the value that we offer other people. In order to understand, follow, and practise these steps, we need to invite the universe to help us create our reality. Let us take a look at them, one by one.


The key ideas of "The Science of Getting Rich"

If we create enough value for others, we will become rich, and in order to do this, we must follow a specific formula, consisting of a few basic principles
We need to make sure that we have a clear and defined vision and plan
It is better to be creative than be competitive
We must exercise our imagination and visualisation as often as possible
We should be grateful, and cultivate gratitude
We need to try and make every single day a success, by taking effective and efficient action
It is important to find a job which suits us, and then continue to specialise and improve
We have to work hard, think ahead, and go above and beyond
We need to focus on creating value for others
Take-home message

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