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Become A Millionaire / Just 3 Steps

Who Wants to Be a Millionaire? (Philippine gam...
Who Wants to Be a Millionaire?(Photo credit: Wikipedia)

Do you want to be a millionaire? I know at least you do desire for a lot more money than you currently have now in your savings account.

I do aim to be one hopefully in the not too distant future. :)

After you become a millionaire, you can give all of your money away because what’s important is not the million dollars; what’s important is the person you have become in the process of becoming a millionaire. – Jim Rohn

UgradeReality.com recently posted Become A Millionaire-What 29 of 30 People Don’t Know.

They listed the 3 keys to get to become a millionaire:

1.Spend less than you earn
2.Leverage your assets
3.Keep going

These are really the 3 easy steps to achieve your dreams of becoming a millionaire.

I find that a lot of people wants to become richer but they lacks the conviction to stay on course. Its sounds contradicting but it is true. They do the things that are the opposites of these 3 keys points.

They spend more than they earn, they are lazy to look at numbers and don’t manage their assets, they give up easily when things are tough.

Wake up! The road to success is rarely straight and smooth sailing!

Spend Less Than You Earn

Everyone knows this, but most bite off more than they can chew.

Savings = Income – Expenses

To make sure there are still savings at the end of the month, there are only 2 ways:

1) Increase Income (if you cannot reduce your expenses)

or

2) Reduce Expenses (if you cannot increase your income)

Never the less, starting today is the best tip, even if you can only start with a few dollars per week, make a start, it will get easier. – UgradeReality.com

It is best if you can do both, but no matter what, please start!

Leverage Your Assets

The rich have the same 24hrs as us, but they knows how to leverage their assets better than us. They also leverage on other peoples’ time, money and resources.

That is how they are able to create more value in the same period of time.

“What can I do now? I do not have anything to leverage on”, you might ask.

You can start by leveraging on your savings or your knowledge.

Learn about investment and use your savings to make more money, learn how to monetize your knowledge on your hobby.

Keep Going

It isn’t defeat, but rather your mental attitude toward it, that whips you. – The Napoleon Hill Foundation

Most faces failure in life, but the rich learn from their failures and braces on while the poor quits.

There are always uncertainty in life, keep going, keep going, keep going!

“When things go wrong as they sometimes will,
When the road you’re trudging seems all up hill,
When the funds are low and the debts are high
And you want to smile, but you have to sigh,
When care is pressing you down a bit,
Rest if you must, but don’t you quit.
Life is queer with its twists and turns,
As every one of us sometimes learns,
And many a failure turns about
When he might have won had he stuck it out;
Don’t give up though the pace seems slow–
You may succeed with another blow,
Success is failure turned inside out–
The silver tint of the clouds of doubt,
And you never can tell how close you are,
It may be near when it seems so far;
So stick to the fight when you’re hardest hit–
It’s when things seem worst that you must not quit.”

~ Edgar A. Guest

If you never start, you will never be ~~~

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