Become a Millionaire

If you want to be a millionaire, the first thing you should do is cut your expenses. Cut unnecessary spending as much as possible. Consider this Dave Ramsey quote:

"...the average car payment is $378 over 55 months. Most people get a car payment and keep it throughout their lives. As soon as a car is paid off, they get another payment because they 'need' a new car. If you keep a $378 car payment throughout your life, which is 'normal,' you miss the opportunity to save that money. If you invested $378 per month from age 25 to age 65, a normal working lifetime, in the average mutual fund averaging 12 percent (the 70-year stock market average), you would have $4,447,084.01 at age 65. Hope you like the car!"
I think that covers the problem of overspending.

If you want more wealth quicker, consider going back to school or training for a better job. Consider a business degree or a real estate program. There are a lot of career options. Apply to local state and community colleges first. Most public colleges offer online courses.
If you save a reasonable amount of money, you can hire an excellent stockbroker and/or start your own real estate holdings corp. Ask your broker about small cap stocks for aggressive growth, and ask about companies that do a lot of research in disruptive technology. If you win big, you could well become a millionaire.
Form a mastermind alliance. If your mastermind functions in a spirit of unity and harmony, the potential of your success soars. Borrow ideas that work from your mastermind. Your mastermind alliance members will be your guides in uncharted territory.
If you live below your means, expand your means, and invest the difference, you have found the key to becoming a millionaire.

David K Drews runs http://www.independentwealth.us - a site that offers help in planning your escape from the rat race. The best info and products for your financial journey are available at http://www.independentwealth.us

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