The Science of Getting Rich by Wallace D. Wattles

Last updated: Jul 8, 2023

Summary of The Science of Getting Rich by Wallace D. Wattles

The Science of Getting Rich by Wallace D. Wattles is a self-help book that provides a comprehensive guide on how to achieve wealth and success. The book emphasizes the importance of thinking and acting in a certain way to attract abundance into one's life.

Wattles begins by stating that there is a science to getting rich, and that anyone who follows the principles outlined in the book can achieve financial prosperity. He emphasizes that getting rich is not a matter of luck or chance, but rather a result of following specific laws and principles.

The author highlights the power of thought and the importance of having a clear vision of what one wants to achieve. He explains that the first step towards getting rich is to have a strong desire for wealth and to believe that it is possible to attain it. Wattles emphasizes the need to focus on the positive aspects of life and to avoid negative thoughts and beliefs that can hinder success.

According to Wattles, the key to getting rich is to create value for others. He suggests that individuals should focus on providing a product or service that meets the needs and desires of others. By doing so, one can attract wealth and abundance into their life. Wattles also emphasizes the importance of taking action and putting in the necessary effort to achieve one's goals.

The author also discusses the concept of gratitude and the importance of being grateful for what one already has. He explains that gratitude attracts more positive things into one's life and helps to create a mindset of abundance. Wattles encourages readers to cultivate a mindset of abundance and to avoid thoughts of scarcity or lack.

Throughout the book, Wattles emphasizes the importance of faith and belief in achieving wealth. He suggests that individuals should have unwavering faith in their ability to attract abundance and should take inspired action towards their goals. Wattles also emphasizes the importance of persistence and perseverance in the face of challenges and setbacks.

In conclusion, The Science of Getting Rich provides a comprehensive guide on how to achieve wealth and success. It emphasizes the power of thought, the importance of creating value for others, and the need for gratitude and faith. By following the principles outlined in the book, individuals can attract abundance into their lives and achieve financial prosperity.

1. The Power of Thought

In "The Science of Getting Rich," Wattles emphasizes the power of thought in creating wealth. He explains that our thoughts have a creative force that can manifest our desires into reality. By focusing our thoughts on abundance and success, we attract the necessary opportunities and resources to achieve our goals. This concept highlights the importance of maintaining a positive mindset and visualizing our desired outcomes.

Wattles suggests that we should avoid dwelling on thoughts of lack or limitation, as they only serve to attract more of the same. Instead, he encourages us to cultivate a mindset of abundance and gratitude. By consistently aligning our thoughts with wealth and success, we can harness the power of thought to create the life we desire.

2. The Law of Attraction

Another key takeaway from the book is the concept of the Law of Attraction. Wattles explains that like attracts like, and therefore, our thoughts and beliefs determine the experiences and circumstances we attract into our lives. According to him, if we focus on lack and scarcity, we will continue to experience more of it. However, by shifting our thoughts to abundance and prosperity, we can attract wealth and success.

Wattles suggests that we must align our thoughts, beliefs, and actions with our desired outcomes. By maintaining a positive mindset and taking inspired action, we can attract the people, opportunities, and resources necessary to achieve our goals. This principle emphasizes the importance of consciously directing our thoughts and energy towards what we want, rather than what we don't want.

3. The Importance of Gratitude

Gratitude is a recurring theme in "The Science of Getting Rich." Wattles emphasizes the importance of expressing gratitude for what we already have, as it opens the door for more abundance to flow into our lives. He suggests that by appreciating and acknowledging the blessings in our lives, we create a positive energy that attracts even greater blessings.

Wattles encourages us to cultivate a daily gratitude practice, where we consciously focus on the things we are grateful for. By doing so, we shift our mindset from one of lack to one of abundance, which in turn attracts more abundance. This principle reminds us to appreciate the present moment and the resources we currently have, while also setting the stage for future success.

4. Taking Action and Initiative

While thoughts and beliefs are important, Wattles emphasizes that taking action is equally crucial in achieving wealth. He emphasizes the importance of taking initiative and actively pursuing opportunities. According to him, success is not a result of wishful thinking alone, but rather a combination of thoughts and actions.

Wattles suggests that we must be proactive in seeking out opportunities and taking the necessary steps to achieve our goals. He encourages us to overcome fear and doubt, and to take bold and decisive action. By aligning our thoughts with action, we can manifest our desires into reality and create the wealth we desire.

5. The Power of Visualization

Visualization is a powerful tool discussed in the book. Wattles explains that by vividly imagining our desired outcomes, we can create a mental image that aligns our thoughts and emotions with our goals. He suggests that by consistently visualizing our success, we can attract the necessary resources and opportunities to make it a reality.

Wattles advises us to spend time each day visualizing our goals as already achieved. By engaging our senses and emotions in this process, we strengthen our belief in our ability to manifest our desires. This practice helps to reprogram our subconscious mind and align it with our conscious desires, increasing the likelihood of success.

6. The Importance of Faith

Wattles emphasizes the importance of having faith in our ability to create wealth. He suggests that doubt and skepticism only serve to hinder our progress. Instead, he encourages us to have unwavering faith in our ability to achieve our goals.

According to Wattles, faith is a powerful force that can move mountains. By believing in ourselves and our ability to create wealth, we tap into the infinite possibilities of the universe. This principle reminds us to trust in the process and have confidence in our own abilities, even in the face of challenges or setbacks.

7. The Law of Increase

The Law of Increase is a concept discussed in the book that highlights the importance of giving and adding value. Wattles suggests that by providing value to others and contributing to the world, we create a flow of abundance that returns to us multiplied.

According to him, the more we give, the more we receive. By focusing on serving others and adding value to their lives, we attract greater opportunities and rewards. This principle reminds us to shift our focus from solely pursuing our own wealth to also considering how we can positively impact others.

8. The Power of Positive Affirmations

Wattles emphasizes the power of positive affirmations in shaping our beliefs and attracting wealth. He suggests that by repeating affirmations that align with our desired outcomes, we can reprogram our subconscious mind and remove any limiting beliefs that may be holding us back.

Wattles advises us to create affirmations that reflect our goals and desires, and to repeat them daily with conviction and belief. By consistently affirming our wealth and success, we strengthen our belief in our ability to achieve it. This practice helps to rewire our subconscious mind and align it with our conscious desires, increasing our chances of manifesting our goals.