Teaching you to embrace today while making yourself a millionaire!

I wish I would have understood how easy it is to become a millionaire by starting to save small amounts of money when I was younger...

I feel compelled to share the simple concepts you can apply today....


24 July 2008

Back to basics of being a Millionaire

Everywhere I turn it is bad news. Foreclosures are at all time high, banks are in default and the government is having to step in, consumer debt is out of control and inflation is creeping back into our lives. Everyday there is an article debating whether we are in a recession or not.

The good news for you is -
if you start saving your $8.50 EVERY DAY and invest it for your future - eventually you will have FINANCIAL FREEDOM and you wont be a part of the chaos or problem!

Taking simple steps everyday with your choices will make you a MILLIONAIRE. If you think i don't have enough to save - let me tell you then you never will. If you do not know how to live on what you make - whether it is $15,000 or $500,000 a year. You will have financial problems.

I am sure you have heard about movie stars, professional athletes, and even people who win big in the lottery having to file bankruptcy. It is because they do not know the basic principles :
1. Pay yourself first
2. Before buying anything - review why you are buying and if it fits into long term plan
3. Write down every purchase - (yep, even those vending machine snacks, lunches etc)
4. Make a budget and stick to it.
5. Build into your budget activities you enjoy - so you don't feel like you are deprived
6. Get excited about the future and taking control of your life.

These are just a few of the basic ideas to get started. In the next post i will go into more detail on the steps but if you don't change your THINKING first none of it will work.

I believe your generation can be the group that turns this country around. The steps are easy, the principles work - and you don't need anyone to do anything for you - so all the noise in the background of foreclosures and debt will not be an issue for you.

Are you going to be on the wave of change? Will you be a millionaire and part of the solution?

Stay tuned......

No comments:

site design: