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

Article Source: http://EzineArticles.com/?expert=David_Drews

So You Want to Become a Billionaire

So you and ten million other people want to become billionaires. I am not a billionaire, but I will give you some ideas that will at least give you a chance to become a billionaire. In Forbes.com a few years ago, I read that the world would see trillionaires by 2030. Where will these trillionaires come from? Probably nanotechnology, robotics, organics, alternative energy, bio and neurotechnology. So as you can imagine, these fields will likely produce many billionaires.
If you have a mind for science, it seems like a good idea to start or even less preferably to join a disruptive technology firm. If you can’t, here is what you do: piggy back on top of disruptive tech entrepreneurs by buying their traded stock. Sure we are a ways off from real disruptive technology, but start amassing capital and keep up on the news surrounding disruptive technology. If you look at the Forbes Billionaires and Forbes 400 issues, you will see that billionaires come from a lot of fields. So don't think you need to ditch the real estate or Internet field or another field to become a billionaire. Acquire capital and piggy back on talented tech entrepreneurs as an investment. Don't overlook venture capital firms and excellent technology mutual funds.
There are obviously no guarantees and you can fail. But if you insist on becoming a billionaire, these ideas will give you a shot. In the meantime, start studying investments, looking for the right stockbroker, reading about disruptive technology, and finding more money to invest.