how can i become a millionare ?

Question

hi how can i become a millionare like alwaleed bin talal...??
i am 16 years old and i read alwaleed bin talal book ..i advise u to read it ...it is fantastic...

Answer 1

alwaleed was born rich, he is a prince, his father is a prince and his uncle is the king of saudi arabia

Answer 2

The lottery is for dreamers. use the money you have right now more wisely. do you have a landline phone? switch to VOIP for example, but here is the kicker, once you use one of those monthly savings, take the money you save and invest it or use it to pay off debt. it is not extra spending money. Also debt elimination is the key, if you have credit cards that have balances you will always be paying outrageous rates. if you just invest 25 a month in the market in a few years you will see how much that adds up. if you can get your money to work for you ie: open an online money market as they pay 10 times what a brick and mortar bank pays. that is a smart use of your money. if you are going to buy anything, make sure you get something for it, whether it is cash back on your purchase from a cc or debit card you are going to buy that anyway, I have a credit card that pays 5% at gas stations and 1.25% on other purchases, I take that credit amount on my statement and put that money in an investment account and after doing this for 8 months I actually had money in there that I would have spent anyway but now it is earning 8% in a closed end bond fund. There is all kinds of fun ways to do that. I earn 5.20% in my paypal account and they have a free debit card that gives me a 1% rebate on all purchases I make using it as a credit card, So I make money spending and not spending. kinda cool and once you get use to this you find it is fun and rewarding and that is how people build wealth they watch waht they sepnd, spend wisely and when they do spend...they get something for it

Answer 3

Save! Invest! learn! make $! learn more! fail! start over! Make choices that help you meat your goals. Study! be happy with what you have! I met a lady that saw an opening to be a sign language interpreter and make big bucks. bought her second home and had the first one paid for and rented it out. Just keeping the desire and not letting stuff get in your way is a big battle one.

Answer 4

You have to practice what you got from that book. If you think that you can't follow the guidance, just forget about to be a millionaire. Maybe one thing you can do is, study hard or maybe you can practice to be a good speaker and can become Prime Minister or President of your country. Then, you will be paid Millions of dollars as your salary.

Answer 5

1. Make a dollar.

2. Repeat that feat a million times.

Answer 6

First thing is to THINK about what you want to do.
Second thing is to be successful with that idea.

Then after you successfully worked hard with the idea, check your bank statement and see if you worked hard enough, if not then stop dreaming and get motivated.

Answer 7

Be nice to a rich Uncle. Lol

Answer 8

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Answer 9

Firstly....Scruffycats answer...so very stupid.
Anyway honey..theres no real secret to becoming a millionaire. All it takes is years of hardwork-determination and a sheer drive to succeed. and if you live in America ....some ridiculous idea and VIOLA!!! :-)

Answer 10

great question! i personally like richard branson's approach:

"the best and fastest way to become a millionaire is to start by being a billionaire and open an airline"