2007-07-18 14:19:31 · 8 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
get a GOOD job, NO wife OR kids, SAVE...SAVE...SAVE....eat cheap and have NO life till you reach your goal. Or Hit the lottery.
BTW...for the first one...START YOUNG.
2007-07-18 14:26:35 · answer #1 · answered by Anonymous · 0⤊ 1⤋
If you start investing at an early age and keep consistent with it and don't try to get too fancy then it is pretty reasonable that you would be a millionaire in a couple of decades, maybe more.
If it were easy to be a millionaire then everyone would be doing it.
2007-07-19 16:24:00 · answer #2 · answered by A.Mercer 7 · 0⤊ 0⤋
in this day and time it is very possible for you to become a millionarie -- that really is not much money when you think about it. first you have to set goals and stick by them. one of the best advise i can give is always make your money work as hard for you as you do for it. lets look at something very simple say you have $25,00 and you are going to put it away because six months from now you want to buy this gadget that you know will cost $25.00. you do not need the gadget now and you know the price will not go up. you could take your $25.00 by a saving bond and cash it in six months and it will make you about $0.22 realizing twenty two cents is not much but it is 22 cents more than you would have had if you just put it a jar in the bedroom. take a hard look at your taxes -- i get a kick out of folks who say they get x number of dollars back each year. yes but how much did they have taken out of their paychecks. there could be two mistakes here one they are not taking all of there deductions and two they are letting the government use their money for up to a year when this same money could be drawing interest in some money market acount. there stock answer is always the same, but it is the only way i can save money. i say bull -- you have to have goals and a plan and stick to the plan - i am not saying the plan can not change but a plan never the less.
2007-07-18 21:43:19 · answer #3 · answered by mister ed 7 · 2⤊ 0⤋
work very hard for at least 10 years, in your own business and don't spend, on the contrary save all your money. Then buy real estate, And then Wait 10 more years and sell it to a land developer, for a couple of millions..
Well, maybe hit the lottery, it's faster.
But not as secure..
2007-07-18 21:31:54 · answer #4 · answered by platadelpacifico 4 · 0⤊ 0⤋
1st- you must be your own boss, expect nobody to hand it to you, (because they are busy trying to get rich themselves!!)
2nd- Hire people under you/ create jobs where ideally you get a percentage from your workers. Therefore, the more jobs you create, the more money you make a year.
3rd- investments- as soon as you got some money,don't put it away , rather , make the money work for you via investing in avenues like real estate and morgages, stocks and bonds and stuff like that.
4th- ...you can always be a pornstar...jjokiing ;P
2007-07-18 22:25:54 · answer #5 · answered by Anonymous · 0⤊ 0⤋
First, get $999,999 dollars. When you've completed that step, then get one more dollar. You're a millionaire!
2007-07-18 21:23:34 · answer #6 · answered by Brian G 6 · 0⤊ 1⤋
knowladge is power, If you seriously want sometrhing bad enough you must learn and study, Make a comitment, You can do iT
2007-07-18 21:25:58 · answer #7 · answered by Anonymous · 1⤊ 0⤋
Hope you get a good inheritence
2007-07-18 21:34:14 · answer #8 · answered by Old enough to know 3 · 0⤊ 0⤋