No matter your present circumstances, here are four steps to your first million.
- Decide that its okay for you to become a millionaire.
Some people believe that accumulation of wealth is an unworthy goal. Before you begin your journey to become enlightened millionaire,search your attitudes to make sure you are willing to create wealth in a way that will support your inner beliefs and values.
2. Practice imagining yourself enjoying an abundant lifestyle.
All great fortunes started in someones imagination.See yourself living in the home of your dream, enjoying ideal relationships with friends and loved ones, contributing to the world through your own unique talents and abilities. Imagine the fortune you could create and the good it could do. Believe it and you will see it.
3. Spend less than you earn.
But how? pay yourself first. Deduct 10 % off the top of your income, and deposit it into your investment account. Convert all your credit cards except one to debit cards so it is impossible for you to go into debt. then live on what is left over.
4. Invest the difference
Invest your 10 % surplus into investments that can earn at least 10 %. A dollar a day invested at 10% interest becomes a million dollars in 56 years. In other words, anyone can become a millionaire by investing only a dollar a day- 30 bucks a month. If you want to become a millionaire faster, then invest more money or find ways to make your money grow at higher rates of return.
INCERPT: “THE ONE MINUTE MILLIONAIRE” Written by MARK VICTOR HANSEN & ROBERT G. ALLEN
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