I figure a few readers will be sitting in a pub saying, “I need money now,” while reading this post on their smartphones. If that happens to include you, check out my previous post on sneaky bar bets you’re sure to win. You could have a small pile of https://youtu.be/oqILt-n4Qns in front of you in the next few minutes.
Today I will be teaching you how to become a millionaire. The truth is, you only need an extra $5 each day to set aside to become a millionaire. No, you cannot save your way to millionaire status by stashing it in the bank. In fact, if you saved $5 a day from the time you were born to the age of 100 you would have accumulated $182,500!
Plan to decorate your home for Halloween? Remember that you don’t have to go overboard for this holiday – other expensive holidays are coming up. Instead of buying expensive Halloween decorations, consider making them (for example, fashion old, white bed sheets into ghosts to stick into your trees). You can also make a costume for your child instead of buying one. And if you have a membership to a bulk warehouse club, use it to buy candy.
Clinton is the Co-founder/Chief Operating Officer of Influencive and a writer at The Huffington Post and Thrive Global. He’s a two-time G20 YEA Entrepreneur representing Canada and advisor to several businesses and entrepreneurs.
Jeff, what a great uplifting post! You have such an impressive story and it is great that you’ve found a way to make serious wealth and help others at the same time. Also, thank you for your service, those of us that haven’t served in the military owe you big time for keeping us safe. I had a much easier time with wise and frugal parents that did everything right with money and taught the kids to be responsible hard workers. Being born with all the advantages financial success was pretty much guaranteed for me and but I honestly doubt I would have been as successful if I had been born in your shoes. You really are a great example for others. Thanks.
They can be purchased online and then instantly downloaded to a computer, tablet, or ebook reader. Ebooks in just about every genre sell in the millions each year. And ebooks represent about 20% of all book sales in the United States.
Sure it takes time and effort to figure what opportunity is right for you, learn the market, and set up the business. And there will be plenty of trial and error as you figure things out. But at least you won’t have sunk a bunch of money into it.
Every night before you go to bed, empty all of your spare change (coins in particular) into a jar. After a year or so, you may have at least $150 saved up in coins. Periodically deposit this money into savings.
Speaking of the benefits of permanent ads, banners and links aren’t the only ways to earn a little bit of dough off your online endeavors. By having a website, you gain the power of emailing companies to ask them for things. I have no shame in letting the yoga company whose mat I’m looking into purchasing know that I have a blog and write for yoga publications – it sometimes gets me discounts.
Going ‘all out’ really takes some good tech skills in order to utilise your income. Finding a ‘niche’ market is nigh on impossible if you are an absolute beginner. But let’s not take a negative stance on this.
Good list. Some definitely good examples, if people really want to try. I think “interview other people and sell the interviews” will work the best. Or just build a website and post those interviews. I have managed a few websites where we interviewed people and those get a lot of visits from Google searches. For anyone out there willing to interview people I would recommend it, it will make you money.
Benjamin, I plan on using my blog to help keep me on track as well. In fact, I wanted to name my site “Million Dollar Journey,” but that domain was purchased a few months before I started blogging. I’m happy that Frugal Trader ended up with it though, because he has a great site! 🙂
Say you’re now 45, want to retire at 62 with a million bucks, and have $250,000 saved. You’ve got 17 years. If you were saving $15,000 a year, adjusting for 3% inflation (meaning you put away $15,000 in year one, $15,450 in year two, and so on), and were able to earn 4% a year in real terms (7% before inflation), you wouldn’t get there.
Avoid purchases that are likely to depreciate rapidly. Spending $50,000 on a car is sometimes considered a waste because it’s likely that it won’t be worth half that much in five years, regardless of how much work you put into it. As soon as you drive a new car off the lot, it depreciates about 20%-25% in value and continues to do so each year you own it.  That makes buying a car a very important financial decision.
Previous to watching this series, which I purchased 11/24/2016, I had no knowledge nor experience in trading or investing in stocks. The information, strategies, rules, featured guests, and knowledge content has given me what I perceive to be a good foundational understanding of what trading penny stocks is all about. Although at the time of writing this review 12/5/2016 I still do not have “experience” in trading stocks, but I do have a good working knowledge. I filled a large notepad full of notes, successful trading rules, references, brokers, charting sources, etc. If you are new to penny stock trading, or have been trading but with little success – I can honestly say that I would recommend these teachings to anyone who is serious about entering the trading market and/or refining their skills in order to be successful. I believe it is essential to have knowledge and understanding about a particular field of pursuit, before entering into it blindly. Since research has shown that between 80-90% of traders are unsuccessful – it is crucial that you learn the rules, patterns, and methods of those trading leaders that can guide you progressively toward achieving your goals. I plan on opening an account early 2017 and putting these lessons and teachings into practice.
If you’re an experienced nanny or babysitter, Care.com is the place you want to make money. By listing yourself on the Craigslist of Childcare, you’ll broaden your reach and increase your odds of finding the right gig at the right time. You can be pickier with what kids you watch when you have the reputation and traffic to pull in more customers. Join Care.com and start making money by investing in the future of our youth.
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