I always try to remind myself of why I want it, and that it has a time frame. All I need to do is decide how I’m going to do the next step towards getting there. Everyone wants to be a millionaire but only a few take the initiative to actually start on the path to getting there. The others are either lazy or lack the education to do so. most of the comments failed to impart the essence of becoming a millionaire. FAITH and ACTION is a must… i am not there yet but with this mind, I CAN DO IT.
For you to succeed in anything, you need a clear plan on how you are going to achieve that. The plan will enable you to benchmark your progress and hence spur you on torwards your mission. I do have my own plan of attaining financial freedom and things look quite good. Remember, if you fail to plan, you are actually planning to fail. Even if you work hard, even you earned more money if its not your destiny you will not be a millioner. God will give ways that your earned money will be spent.
But don’t lost hope just keep on working of your plan to become a millioner together with prayers… then may be its your destiny. First, at 27 you have a whole life in front of you, so whatever you do will be right if it is directed correctly. My basic point; however , is while you are young “focus” on a GOAL and go after the goal aggressively. i used to handle money very easy and let go very easy. My wife and I plan on going over our insurance situation here in a couple weeks, so I will look into it then.
Ryan Guina is the founder and editor of Cash Money Life. He is a writer, small business owner, and entrepreneur. He served over 6 years on active duty in the USAF and is a current member of the IL Air National Guard. However, many of those who are self-made millionaires practice some form of frugality. Even billionaires like Warren Buffett have some frugal habits.
One pointer — have you considered income protection insurance (or whatever the equivalent is in the US (I’m writing from the UK)). A lot of your eggs are in the ‘earning’ basket, rather than the ‘passive’ basket at present, so it may be worth protecting yourself in case the worst happens. 74 yrs old, three children, payed all college expenses, debt free its wonderful. No big time salary just steady pay yourself 15% off the top and don’t touch. Ryan uses Personal Capital to track and manage his finances. Personal Capital is a free software program that allows him to track his net worth, balance his investment portfolio, track his income and expenses, and much more.
I received a call from a company in March of 2003 here in Brazil from one of the owners of the company that wanted to import from China but could not speak English. I started to help him import Chemicals for his company which when I started to work for him was worth USD2 million. Today 7 years later I am worth with savings and assets around USD800, 000 and pushing towards my first Million.