How to become a millionaire?

Answer 1

Don't be an employee.

Answer 2

Americans are obsessed with becoming millionaires. The question is, how hard is it to become a millionaire through saving and investing? It may not be as hard as you think! Do a search on Amazon.com and you will find a zillion books with "Millionaire" in the title. The most popular television shows are Survivor (competing for $1 million), Who Wants to Be a Millionaire, Joe Millionaire and Deal or No Deal ($1 million prize). How many lotteries have a one million dollar prize? Yet A 30-year old making $50,000 a year (plus 3% raises each year), saving 10% of their income with a 10% return each year could expect to hit millionaire status at age 59 and if they work until the traditional retirement age of 65 they will have over two million dollars saved up. Once you take inflation into account, being a millionaire today isn't as impressive as it used to be. If someone was a millionaire in 1980 they would have to have about $1.9 million dollars in 2003 to match the wealth they had in 1980 but the most important factor to becoming a millionaire is to save early and rely on compounding interest from investing. You can easily have control over how much you save and invest.

Answer 3

Pick up a problem and present the best possible solution for it: it is possible the response will make you a millionaire.

Answer 4

Sign up for The Apprentice and take your chances with The Donald.

or

Get a job

Answer 5

Marry one

Answer 6

It's really very easy once you understand how. You have to make more than you spend and save what you don't spend.

Answer 7

make a million dollars.

Answer 8

live in your dream, and never wake up