How to Become a Millionaire – 16 Dos and Dont's
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It’s no longer “Who Wants to Be a Millionaire” but how to become a millionaire.
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Just follow the 16 Do’s and Dont's on the next slides, and you’ll be on the road to becoming a millionaire.
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Most people look for concrete paths to becoming a millionaire. But the essential ingredient to becoming a millionaire is intangible. It’s time.
Use Time to Your Advantage
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Create Financial Goals
A good financial plan means that to reach millionaire status isn’t an if; it’s a when.
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There are a few ways to go about increasing your earnings on your path to becoming a millionaire.
Millionaires Increase Earnings
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This behavior—spend less, save more—is how to become a millionaire. It’s counterintuitive to our traditional thoughts.
Millionaires Also Decrease Their Spending
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In general, the most impactful rewards come from the highest risks. But there’s a “risk-adjusted” way to measure those rewards.
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