Become a Millionaire in the 30s? following Tips

By | December 22, 2014

finance tipsBecame a millionaire at the age of 30, why not? With proper discipline and of effort, you can be so rich in the 30s. Curious? The following 8 disciplines that you can apply from now on.

1. Follow the money

Maybe you’ve heard the saying “Do not follow the money, let the money follow you”. But in fact, in the current economic environment, you can not achieve millionaire status simply by careless. First, you have to focus on efforts to double your income gradually and do this revenue increase repeatedly. Follow the money. This will force you to control your income and see opportunities.

2. Do not show off, but show up

Buy watches or your first luxury car, business and investment until you generate a steady income stream. Do not show off, show your work ethic. You are known for your work ethic, not trinkets that you buy.

3. Save to invest

Set aside 10% of your income to be stored into account untouched. Do not ever use that account for anything, even an emergency. This will force you to keep abreast of the first tips (increase revenue). When your business goes bankrupt, you still have savings to start the next business.

4. Avoid debt that does not produce

Owe should be used for the purposes of making more money. For example, as capital. Instead of buying something that does not produce for you. Follow the tips, do not show off. Rich people use debt to increase investment and growing cash flow.

5. Money does not sleep

Money do not know know the hour, or a day off schedule, so you should also do not know. Money loving people who have a great work ethic. Do not try to be the most intelligent or the luckiest. But be people who work harder than anyone else.

6. Poor is not reasonable

Quoting an expression of Bill Gates, “If you’re born poor, it’s not your fault. But if you die poor, it’s your fault “. So, get rid of all the ideas that make the poor as destiny and commonplace.

7. Find a mentor millionaire

Most of us probably grew up in a middle class neighborhood down until we refrain to act within the limits and the ideas of this group. Change your mindset to find a mentor who can motivate you to work hard to improve your lifestyle. Most people rich royal to share their knowledge minimal.

8. Shoot 1 million, not 1 thousand

Set your goals for greater profits. Money on this planet will never run out, there are only people who think big and spend less power and energy to pursue a small fortune.