he idea of “getting rich slowly” may well be a fallacy. While slow and steady is a great method of accumulating wealth over long periods of time thanks to compounding interest and returns, the power of inflation—real inflation, not government-reported inflation, eats away at the value of your funds almost ensuring you will never “get rich” from steady investment in a diversified portfolio of stocks. You may retire with a few million dollars thirty years from now, but by the time you’re contemplating your southern migration, time has eroded the value of a dollar to a fraction of today’s purchasing power.

Annie Logue from MSN Money has the answers, offering seven ways to get rich a little faster than “slowly.” There is a small problem with her advice though; the seven pieces of advice that can help you get rich are the same seven causes of total financial ruin.