I have thought long and hard about it, I am prepared to work hard to give my family a better lifestyle.
Any suggestions as to how this can be achieved legitimately
2006-09-05 03:46:17 · 21 answers · asked by Bebe 2 in Business & Finance ➔ Personal Finance
simply send £20 to this address and you will be shortly mailed the details of how to become richer than you're wildest dreams.
the reply will say do as i do.
2006-09-05 03:49:30 · answer #1 · answered by phillipgdmn 3 · 0⤊ 0⤋
Read Thomas Stanley's book, The Millionaire Next Door.
Becoming a millionaire is pretty simple (not easy, but simple). Start saving money. The sooner, the better. This requires good cash management and budgeting skills.
Save $300 a month for 34 years and earn 10% = $1,000,000.
2006-09-05 03:54:17 · answer #2 · answered by derek 4 · 2⤊ 0⤋
Build or invest in assets which you sell rather than rely on income from a job. Best if these assets can turn a positive cash flow.
If you keep going the assets, a business, a property portfolio, shares etc can stay providing passive income. The passive income will allow you one day to give up your job and create more assets.
That's why they say the rich get richer, they have more time to create assets that pay dividends.
Also be aware that tax on sale of assets is usually less than tax on income. Again the system is designed to help the most powerful.
2006-09-05 06:58:53 · answer #3 · answered by lifeontrack2006 4 · 0⤊ 0⤋
I couldn't think of anything worse than having the money to get anything you want. Isn't it great to save up a bit - or get a little windfall so that you can treat yourself to something you've always wanted. The National Lottery is a myth and the thought of earning thousands a week. OK You've got your penthouse in London & New York. Your yacht. Your private jet. Your 4 Lamborghinis. So what? Then what? I take home £100 per day
and it keeps me in a very comfortable lifestyle - and always glad when the unexpected provides a little bonus. It's great. Lower your sights. You can still have a great life - with lots of pleasures.
2006-09-05 06:53:12 · answer #4 · answered by ? 2 · 0⤊ 0⤋
according to your question you already are a millionaire and just want to know how to behave now that you are. A very good question indeed.
How to become a millionaire however is a different story.
You do not get there by hard work alone it requires also talent, luck and a flexible moral code. Otherwise you will be outnumbered and outwitted in the arena of moneymaking gladiators.
Good luck and if you get there one day do not forget the first question.
2006-09-05 04:01:34 · answer #5 · answered by midasgold 1 · 0⤊ 0⤋
Try contacting Primerica Financial Services. They are in the phonebook and have a website. Their services are free and they will give you a complimentary Financial Needs Analysis to let you know how to become debt free and financially independent. They have a variety of investments to choose from. Good luck
2006-09-05 04:00:27 · answer #6 · answered by Anonymous · 0⤊ 0⤋
stocks, buy low and sell high. haha, You gotta start saving and investing, unless you make a million or more a year, you shouldnt buy anything you dont need, like that latte from starbucks every morning, or ten pairs of shoes for your wife. If something isnt necessary its not cheap, not even if its "onsale". If you are paying interest on anything, car, mortage, school loans, creditcards, you will never become a millionare.
2006-09-05 03:50:08 · answer #7 · answered by rand a 5 · 0⤊ 0⤋
Sell Lots And Lots On Ebay And Represent it in a smart way
(Not Illegally)
2006-09-05 03:50:05 · answer #8 · answered by skettopolis 4 · 0⤊ 0⤋
firstly, devot ur self to hard work,have a target on what u wana be, a good mind set of savings, bicos drops of water later becomes mighty oceans.
2006-09-05 04:11:59 · answer #9 · answered by hnwagbo 1 · 0⤊ 0⤋
Most millionaires make less than $100K per year, so how do they do it? Budget your money, save for retirement, stop impulse buying purchases.
2006-09-05 04:18:36 · answer #10 · answered by Steve R 6 · 0⤊ 0⤋