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....


07 July 2008

It is never too late

Why is it so hard for companies to simply explain how to be financially successful? Look at financial company webpages. They are layers upon layers of useless information for the average or novice investor. Employers offer retirement plans with little or no explanation. So they are underused and no one really cares. In the meantime the cycle of debt continues to EXPLODE in this country and it is harder and harder to maintain everyday living expenses. So what is one of the pieces of the puzzle?

"Time + Regular Investing" into a diversified portfolio = Long term success
The sooner you start investing in a 401k or IRA the more $$ you have for retirement.

If you invest $60 a week starting at age 18 for 50 years with an 8% return = $1.9 Million
If you invest $60 a week starting at age 25 for 42 years with an 8% return = $1 Million

By waiting 7 years to invest a mere $60 a week - you give up almost one million dollars.
Where am I going to get $60 a week ??..... it is so easy with simple changes you won"t notice in the long run........
Pack your lunch instead of eating out -
Go to the library for movies, cds, books and games -
Plan your route to avoid extra driving -
Go to a matinee
Drink water vs ordering soda, coffee, tea etc.
Little changes that will not affect your quality of life TODAY will pay off big TOMORROW.
This information can change your entire generation - WILL YOU BE A MILLIONAIRE?
Stay tuned.......

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