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BECOME A MILLIONAIRE AT 30 BY DOING THESE 8 THINGS

BECOME A MILLIONAIRE AT 30 BY DOING THESE 8 THINGS

FOCUS ON EARNING

THE FIRST STEP IS FOCUS ON INCREASING YOUR INCOME IN INCREMENTS & REPEATING THAT.
EXAMPLE: ASK FOR RAISE & START A SIDE HUSTLE.

DEVELOP MULTIPLE STREAMS OF INCOME
65% OF MILLIONAIRES IN THOMAS CORLEY’S
STUDY HAS AT LEAST 3 STREAMS.
EXAMPLE: REAL ESTATE, INDEX FUNDS, & BUSINESS OWNER.

SAVE TO INVEST, DON’T JUST SAVE
BY INVESTING YOUR “SAVED” MONEY, YOU LIVE BELOW YOUR MEANS & FOCUS ON INCREASING YOUR INCOME.
EXAMPLE: MAKE AUTOMATIC (WHEN PAID) TRANSFERS INTO AN  S&P 500 INDEX FUND.

CHANGE YOUR MINDSET ON MONEY
GETTING RICH BEGINS WITH THE WAY YOU THINK & WHAT YOU KNOW ABOUT MAKING MONEY.
EXAMPLE: RICH PEOPLE KNOW MAKING MONEY IS AN INSIDE JOB, SO KEEP LEARNING.

INVEST IN YOURSELF
WEALTHY PEOPLE ARE VORACIOUS READERS. WARREN BUFFETT DEDICATES 80% OF BIS WORKING DAY TO READING.
EXAMPLE: READ, TAKE COURSES, HIRE A COACH & EXERCISE.

DITCH THE STEADY PAYCHECK
KEEPING JUST A STEADY PAYCHECK & YEARLY PAY RAISES IS THE SLOWEST PATH TO PROSPERIT.
EXAMPLE: WHILE WORKING 9-5, CREATE A BUSINESS, BECOME A BUSINESS PARTNER, INVEST & DIVERSIFY YOUR MONEY.

SET & VISUALIZE COMPLETING GOALS
CREATE A CLEAR GOAL & THEN A SPECIFIC PLAN FOR HOW TO ACHIEVE THAT GOAL.
EXAMPLE: COMMIT TO ATTAINING WEALTH BY WRITING DOWN & VISUALIZING YOUR GOALS.

SHOOT FOR $ 10 M, NOT $ 1M
GRANT CARDONE SAID,”THE SINGLE BIGGEST FINANCIAL MISTAKE I’VE MADE WAS NOT THINKING BIG ENOUGH.”
EXAMPLE: WHATEVER YOUR GOALS IS, INCREASE THEM 10x AS YOUR “ STRETCH GOAL”. PUSHING YOU TO WORK EVEN HARDER.
 

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BOOKS YOU SHOULD READ TO LEARN A INVESTING SKILLS

BOOKS YOU SHOULD READ TO LEARN A INVESTING SKILLS

Rich Dad Poor Dad is about Robert Kiyosaki and his two dads his real father (poor dad) and the father of his best friend (rich dad) and the ways in which both men shaped his thoughts about money and investing. You don’t need to earn a high income to be rich. Rich people make money work for them.

Craig defines wealth as the ability to live on the money you make from your money, rather than the money you make from working. If you’re not making money from investing, you’re getting poorer every day. Few people become wealthy because they rarely spend time researching and never properly try their hand at investing.

An intelligent investor always analyzes the long-term evolution and management principles of a company before investing. An intelligent investor always protects him- or herself from losses by diversifying investments. An intelligent investor never looks for crazy profits, but focuses on safe and steady returns.

The Rich Dad philosophy makes a key distinction between managing your money and growing it… and understanding key principles of investing is the first step toward creating and growing wealth.

The Little Book of Common Sense Investing shows you an alternative to actively, poorly managed, overpaid funds by introducing you to low-cost, passive index funds as a sustainable investing strategy, which gets you the retirement savings you need without the usual hassle of stock investing.

THINK AND GROW RICH
Think and Grow Rich by Napoleon Hill examines the psychological power of thought and the brain in the process of furthering your career for both monetary and personal satisfaction. Originally published in 1937, this is one of the all-time self-help classics and a must read for investors and entrepreneurial types.

This essential book takes readers to the Street to learn about the intricacies of money and how the stock market impacts every area of our lives. According to the author, the key to making wise, lucrative investments is knowing ourselves.

  Mastering the Inner Game of Wealth”, T. Harv Eker outlines how to identify and revise your money blueprint, to significantly increase your income and accumulate wealth.