What is the best way to become a millionaire?
Tyler Haskell, Financial Guru, entrepreneur and millionaire:
I became a millionaire when I was 32 years old. I did not sell a business, I did not win the lottery, I did not earn much in investments but I followed a plan that does work.
1- Establish your "why". Why do you want to be a millionaire? Just to tell others that you are a millionaire? Not worth it. If you want to change your legacy, if you want to spend more time with your family, if you want to help others financially, that is a "why" worthy of your work.
2- Do not get into debt. Debt brings you freedom. If you have debts, pay them as soon as possible. I paid my house in total when I was 30 years old and it has changed my life. When you have no debts, you have almost all your money to invest.
3- Live under your resources. If you spend all your money, you will not have money to invest. Work on that until you get to the point where you are living on only 50% of your earnings. When you receive more salary, do not improve your lifestyle.
4-Read. Read a book on finance, investment classes, the stock market, real estate, starting business, whatever. You have to invest time in reading and improving your knowledge about finances.
5-Do not give up. It is difficult to become a millionaire. It will not happen in a day. You have to be patient and follow the steps day after day to reach your goal. But if I can do it, surely anyone can do it.
Good luck!
Congratulations @yorman76p! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Hi @yorman76p
As a follower of @haccolong this post has been upvoted by @hoaithu's Curation Trail with 20user.
This is free upvote first when you follow @haccolong
Use Partiko for activities on Steemit, you will receive bonus points. Dowload Partiko app for your phone at here. If you difficulty when convert points (Partiko) to upvote, check the instructions here.