I want to make a million dollars....?

Question

Im not kidding.

Im sick of being poor and tired.
Im depressed, I just got kicked out of college.
I have one college educated parent and one parent who I dont think made it out of high school.

I just dont want to end up like them.
SO now Im feeling the burn. Im taking classes at a community college in hopes of qualifying to get back into the other college. I need a degree that will get me a decent living. Maybe then I can consider acting or some other bullcrap like that.

what do you think, I dont want to buy property but I do need a reliable way to make some decent cash.
I would like to make 1 million by the time I am 30 at least.

what can I do to get started?
sigh....thanks.

Answer 1

Here's what you need to know: The Rule of 72. The Rule is that money doubles at the rate of interest divided into the number 72. So, for instance, 8 x 9 = 72, right? So if you have $500,000 invested at 8% interest, in nine years it will double.

Now, do you see how hard it is to make a million dollars? I presume you're 20 years old or so and have no money. You need to study up on how people make money so you can make some of your own. Read some books, like anything by Suze Orman, "The Millionaire Next Door" and "Rich Dad, Poor Dad." Put at least 40 hours into studying this, which you can do in the next couple of weeks. Just the knowledge will give you a feeling of power.

You can become a millionaire, at least one million people in America have done it, but you're going to have to learn a lot to do it.

Answer 2

If someone just gave you a million dollars, would that be enough? NO. It would run out. And even if you were disciplined, and put it away to live off the interest, it would maybe be $50,000 per year. Is that enough to be financially free? Maybe.... maybe not.

I'm a Realtor full time right now, but part time (solid 12-15 hours per week), I work my network marketing business. I will do this for anywhere from 2 to 5 yrs, then I'll quit real estate and do network marketing full time (maybe 30 - 40 hrs per week) for a few more years until my RESIDUAL income is about $10,000 to $20,000 per week. Then, I don't know what I'll do. (maybe try acting....? NO. PGA senior tour, here I come!)

My point is this - if what you'd like is to live a good lifestyle, it's not a big savings account (million dollars) that you need, it's a RESIDUAL income. For some people, that's $1,000 per week, for others that will require ten times that, but network marketing is one way to get it.

Email me if you'd like to hear more.

Answer 3

Ok if you are really serious about making a million before your 30 you have to turn your life around big time. College is only going to put food on the table and pay the rent. You have to start your own businesses girl.Start with one business in the service industry, heres one that will make you money. Window washing, charge 50.00 per hour. Power washing 75.00 per hour for decks, homes, autos.Moving 80.00 per hour, Trash removal 75.00 per hour, supplying home secruity 200.00 per contract. There is five start doing it and I know they all make money because I do them.

Answer 4

Maxwell replaced into gotten smaller to Mumbai Indians for $7,761,seven hundred money, so he's already over the mark. Assuming for sure which you calculate the quantity in Hong Kong money. :-).

Answer 5

study as much as you can follow a job or a carreer in the money business if you want money learn about money and how to make it grow ,
my brother did that and today he is very rich