“how much money to save to be a millionaire who wants to be a millionaire win”

If you’re hungry and you like chicken, buy four pre-cooked Chickens at Costco at the end of the day, when they go on sale. Sometimes they’ll drop from $5 each to $2.50 each, meaning that you get at least ten hearty meals for https://youtu.be/prKVQ5T7mTs $1 each! Freeze any chickens that you don’t eat immediately.

If you haven’t already tapped them out, you can tap into your credit cards for cash. For the best rates, dig out any of those 0% convenience checks you may have received in the mail and cash them at the bank. You’ll still pay a 3-4% fee, but $30 or $40 to borrow $1,000 for a few months is cheaper than some of these other last-resort options.

Pay off your credit card debt. It’s hard to get ahead with debts hanging over head. Student loans and credit card debt should be paid off as soon as possible. Average annual percentage rates vary between 20% and 30%, so the balance will continue growing.[2]

Starting a construction company is yet another practical way to earn a million US dollars from the scratch in one year. Of course one of the most popular businesses to start in the construction industry is to register and start a construction company.

The surest way to make a million bucks in stocks is to go for growth and not worry so much about the price. Your chances of earning spectacular returns improve if you hop aboard companies that are generating equally spectacular sales and profit growth. And you don’t need to take a flier on small technology firms.

I became a self-made millionaire by the age of 21, trading thousands of Penny Stocks – yep you read that right, penny stocks. You may have heard the story: I turned $12,415 into a cool $1.65 Million over a couple years (I’ve made millions more since then). I was featured on a popular reality TV show called Wall Street Warriors. I was featured in Trader… Read more

Hi Brad… that’s another inspiring story and I agree with you on the credit card debt. I remember 5 years ago, I paid off my wife’s 10k credit card debt and that was really the last time we carry a balance of over $500 on our credit cards.

And My Millionaire Mentor isn’t the only place promoting MOBE, so beware! Some other places I have reviewed that promote it are Automated Daily Income, My Online Business Machine, Cash With Matt, and probably some others that I can’t think of right now.

The mymillionairementor.co domain name was purchased and registered this past July.  There is very little mention online of either Ryan Mathews or this particular incarnation of My Millionaire Mentor.

Most people believe that the easy inventions are already out in the marketplace but yet, new gadgets come out every day. Ideas are everywhere, so put on your thinking caps. If you aren’t the thinking type, you can always…

So, I started reading and learning about affiliate marketing and blogging. I combined the two and after a 14-15 months of really hard work (sitting in front of computer for 14-6 hours a day and putting things I had learned, into action (building a blog, writing articles, promoting the site, etc), I started making enough money that I started believing in myself and the idea that I too could make a full time income online. From then on, I just kept on going and the income grew and grew. Now, I still work 8-10 a day on my online business, and sometimes even more. You have to constantly work and maintain it. Most people think because its online, its easy. That’s where they get it wrong.

The only reason to save money is to invest it. Put your saved money into secured, sacred (untouchable) accounts. Never use these accounts for anything, not even an emergency. This will force you to continue to follow step one (increase income). To this day, at least twice a year, I am broke because I always invest my surpluses into ventures I cannot access.

The site now receives more than 35MM hits per month and 8,000 daily submissions. In 2007, Tofu burger and Cheezburger sold the site for $2MM to now CEO, Ben Huh. Ben has created six sister sites, landed a book deal that was a New York Times Best Seller, and the company makes an estimated half a million from book sales alone.

If you have a crafty side, put it to good use. Visit the nearest flea market, Craigslist, or Freecycle.org and buy some interesting items, restore them, add your special touch, and resell them for a profit.

That’s true – housing prices have made more people millionaires than in previous years. But the housing bubble and subsequent market crash erased a lot of those millionaires. There are more ways to get there though – which is what I am working on. Slow and steady. 🙂

The internet has blown apart the traditional publishing world. Along with every other type of information, this medium has revolutionized the distribution and selling of books. These days ebooks, electronic books, are where it’s at.

If you decide to go down the paid guest post and review road, then you should include the extra option of showcasing articles as featured posts. This allows businesses to pay extra to keep their paid article at the top of your blog page, as a featured article on your homepage, or as a ‘must read’ in your widget areas.

Not just anyone can be your mentor. You really have to see if both of you have the synergy as a mentor and a mentee. You guys won’t be talking about business 24/7, so you guys should have things in common that both of you like. For example: both of you like to play basketball or soccer and that is another way you guys can connect.

At this spread, you should be earning at least 4% per year on your $10 billion of capital, or $400 million. Sure, there’s some risk that the Fed will grow a backbone and raise short rates, but there’s not much risk. (They have an economy to fix and banks to secretly recapitalize). And in any event, if the Fed raises short rates, making your $1 billion will just take a bit longer. (And if they REALLY raise rates, causing you to actually lose money, it will be someone else’s problem.)

You have skills and knowledge that are awesome in your field. There are other people in different fields who have skills and knowledge completely outside of your current awareness. These people also have assets you don’t have.

Break bigger goals into more actionable smaller goals. For example, if one of your goals is to have a growing business in a year, start with the goal of fleshing out a business model within the first month.

Of course this type of business is capital intensive but the truth remains that it is a money spinning business. Before you become a player in this industry, you would need to acquire the required license and permits from the required authority before you can be allowed to start lifting crude oil. It is an industry that is regulated because of the activities of pirates and crude oil bunkers.

“In most cases, your net worth mirrors the level of your closest friends,” explains Siebold. “Exposure to people who are more successful than you are has the potential to expand your thinking and catapult your income. The reality is, millionaires think differently from the middle class about money, and there’s much to be gained by being in their presence.”

Think of it as a voice or video blogging. Talk about interesting topics and make money from ads shown. If you are a good speaker, can provide useful information and have a nice voice, it’s not that hard to get hundreds of subscribers. You can use free sites like Odiogo.com to turn your blog into a podcast!

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