You could pull an Anna Nicole Smith and find an elderly billionaire to marry.
Otherwise, education and hard work are the only ways I know of.
2006-07-29 03:54:47
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answer #1
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answered by K M 4
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You become a millionaire by using other people's money for your benefit. The following plan assumes you have a clean credit history to start with, if not get clean first.
1. Begin savings to accumulate some capital, you need money to make money.
2. Open a bank account and place your money in it. Ask to meet a loan officer, see what type of loans they make. Take out some small loans and pay them back promptly.
3. Visit real estate brokerages to see what type of properties are available in your area, especially fix up homes and especially duplexes. Make a list and the down payments to get started. Keep in touch with this market.
4. Continue savings, it's easier now that you have a plan and a goal.
5. Buy your first property using a loan from the bank where you know the loan officer. A duplex is nice, live in one unit, rent out the other. Continue socking the money away, look for another investment property.
6. Buy the next property, perhaps a fixer upper, maybe get enough money from "your banker" to help buy fix up labor and materials.
7. Continue acquiring properties, by the time you are 40 you will have more money than you know what to do with.
2006-07-29 07:43:25
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answer #2
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answered by wealthmaster 3
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First get off yhoo and get a job.Next stay out of credit card debt,stay out of mall,drive a small vehicle and drive it for ten too fifteen years then deposit about 300 dollars in bank every month instead of car payments.live frugaly do not try to keep up with the jonses.Clip coupons before food shopping.Save and invest in quality blue chip stocks like exxon, tobacco and alcohol stocks are good because people are addicted to these things also gambling and porn stocks.Buy health insurance this will keep you from going bankrupt if you get sick. Buy a small low maintenance house and live in it for at least 15 years,it cost alot of money to move around alot.Work seven days a week,the more time you spend making money the less time you will have too spend it on depreciating assets.Get rich quick not likely,get rich slowly one day at a time.
2006-07-29 06:30:35
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answer #3
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answered by Anonymous
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I am making good money selling a product that is not available in stores anywhere in the UK that saves people money on petrol costs, It has only been used untill now by the military in the USA. Everybody will want this because petrol/fuel prices are going to go up, I will not say too much about it but you can make £5,000 per month here in the uk just by getting 10 people to buy the product and do the same, that's all you do. It can't get easier than that. visit the website below and see for yourself. if you need more info send me an email
2006-07-29 06:23:16
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answer #4
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answered by Anne A 2
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Its simple, BECOME someone rich. First you have to fake your own death, make it some tragic accident with lots of blood and guts etc, but do not make it suspicious other wise your family or police will think it is a murder and look harder into the accident, eventually finding you. The next step is to find a millionaire who is quite unknown, with no family or friends- or anyone who knows him/her well; they also have to be about the same shape as you. Then you pay a plastic surgeon to make you look like them. The final stage is to get into the millionaires house, interrogate them so that you find out all their secrets i.e. bank codes, then kill them and dispose of the body so that no-one will ever find it. As you can see it is simple and foolproof.
2006-07-29 04:08:44
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answer #5
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answered by True_Brit 3
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Live beneath your means. Save a large portion of your income. Invest it in the market. Keep doing this for thirty to forty years. That's the only foolproof plan there is. And by cosmic standards, that's very quick.
"foolproof" and "get rich quick" do not mix. Even worse than "I'm from the government" and "I'm here to help."
2006-07-29 04:06:14
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answer #6
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answered by Searchlight Crusade 5
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Blessed are the poor! you appreciate the little pleasures in life more, you have something to strive for each day, i often think how lovely it would be to be rich and then i remind myself of that, how dayum boring it would be after the novelty wore off,no struggle, no appreciation, snap outta it stay here with us poor folk! oh and DING! there are no get rich quick scemes that actually work.
2006-07-29 04:02:31
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answer #7
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answered by oz_gurl2005 4
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set higher standards. Why only be a millionaire when you can be a billionaire instead? Save every penny become cheep. Don't spend any money except on things that you REALLY need. Stop buying things that you just want. Don't eat out, go grocery shopping where there are sales. We don't realize how much money we spend on things that we don't need. Most people want more money, and even know ways to save it...yet we don't. Be strong and save...but the time you are a billionaire you will be so cheep you won't want to spend your money....so will it really make a difference.
2006-07-29 04:03:13
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answer #8
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answered by Abby 1
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Here is the secret to becoming a millionaire.
1) Get a bank account.
2) Put 1 million dollars in your bank account.
3) Get your bank statement.
4) See that it says "Balance: 1 million".
Congrats, you are a millionaire.
There is one other way to becoming a millionaire.
Take $10 dollars US. Convert it to Lebanese Lira. Congrats, you have 1 million Lebanese Lira.
2006-07-29 04:14:21
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answer #9
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answered by Anonymous
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the 2 step plan
step 1: work 7 days a week
step 2: quit using drugs
2006-07-29 03:52:32
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answer #10
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answered by Anonymous
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