The Science of Getting Rich by Wallace D. Wattles

Summary

'The Science of Getting Rich' by Wallace D. Wattles is a foundational self-help classic outlining a systematic approach to wealth creation. Wattles argues that becoming rich is a precise science, rooted in the right way of thinking and acting. He emphasizes the power of creative thinking, gratitude, and acting in harmony with universal laws. Through actionable principles, Wattles encourages readers to visualize abundance and take purposeful actions. Ultimately, the book advocates for wealth as a means to a fuller, more purposeful life.

Life-Changing Lessons

1. Wealth is a systematic outcome of thinking and acting in a 'certain way', emphasizing creative over competitive approaches.

2. Visualization and clear mental imagery of what you want are crucial steps toward actualizing wealth.

3. Gratitude and faith play a vital role: maintaining a positive mindset and trust in the process expedites results.

Publishing year and rating

The book was published in: 1910

AI Rating (from 0 to 100): 80

Practical Examples

1. Acting in the Present

   Wattles emphasizes taking efficient action now rather than waiting for perfect circumstances. He notes that only the present moment allows us to interact with opportunity, and procrastination leads to missed chances. By acting today, with faith and efficiency, individuals move steadily toward their goals.

2. Creating, Not Competing

   Wattles insists that riches are not obtained by competing with others for limited resources. Instead, wealth is created by offering unique value and contributing to others. This creative approach attracts abundance rather than perpetuating scarcity.

3. Holding a Clear Vision

   The book guides readers to establish a precise and detailed mental image of what they desire. Regularly focusing on this vision helps align thoughts and actions with their financial goals. This clarity can help attract opportunities and resources aligned with one's objectives.

4. Gratitude Practice

   Wattles highlights the importance of gratitude as a multiplier of success, advocating for daily appreciation of current blessings. Being thankful energizes one’s mind, fosters positivity, and keeps one attuned to opportunities. This mindset attracts further abundance and keeps motivation high.

5. Acting with Purpose and Faith

   Taking action is only fruitful when it is coupled with unwavering faith in the outcome. Wattles encourages readers to act decisively and persistently, trusting that their efforts will be rewarded. This blend of faith and action is a cornerstone of his teaching.

6. Efficient Action Instead of Hasty Action

   Efficiency—instead of rushing or overwhelming oneself—brings positive results. Wattles advises that each act, no matter how small, should be completed with care and effectiveness. Over time, these efficient acts compound to achieve great results.

7. Seeking Advancement for All

   Wattles proposes that one’s actions and business dealings should aim to advance everyone involved rather than just oneself. By contributing to others’ well-being, you create value and foster goodwill, which, in turn, supports your own prosperity.