10 Steps To Becoming A Millionaire By 30. Getting rich and becoming a millionaire is a taboo topic.
Saying it can be done by the age of 30 seems like a fantasy. It shouldn’t be taboo and it is possible. At the age of 21, I got out of college, broke and in debt, and by the time I was 30, I was a millionaire. Here are the ten steps that guarantee you will become a millionaire by 30. 1. In today’s economic environment, you cannot save your way to millionaire status. My income was $3,000 a month and nine years later it was $20,000 a month. 2. I didn’t buy my first luxury watch or car until my businesses and investments were producing multiple secure flows of income. I was still driving a Toyota Camry when I had become a millionaire. 3. The only reason to save money is to invest it.
This will force you to continue to follow step one (increase income). 4. Make it a rule that you never use debt that won’t make you money. Rich people use debt to leverage investments and grow cash flows. 5. Money is like a jealous lover. 6. 7. 8. 9. 17 Websites That Will Make You Smarter. University of Salford Press Office/flickr Tired of wasting your time watching cat videos or scrolling through your Facebook newsfeed?
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