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.
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Good habits include persistence, goal setting, avid reading and metacognition. The bad ones include binge drinking, drugs, sleeping late and anxiety. People with higher IQs also tend to lose their virginity late (good or bad? You decide). Check it out below. So Much for Entropy. This is rather amazing.
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Even with all its warts, it’s still pretty great. The main reason I love it is that information about anything is right at your fingertips via the internet. There are millions of people putting out life-changing information because it is their passion, and it’s all available at the click of a button. 31 Genius Ideas for Re-Imagining Home Decor.
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