If you have a crafty side, put it to good use. Visit the nearest flea market, Craigslist, or Freecycle.org and buy some interesting items, restore them, add your special touch, and resell them for a profit.
When it is time to invest, invest in low cost index funds that mirror the US equity market, some real estate and foreign stocks. You can be diversified with less that six funds. Learn to invest yourself and pay for advice every 3-4 years to make sure you are on the right track. Invest every month. Invest more in major dips in the market. The market has never been down over the course of 30 years. There will be 4-5 recessions in your lifetime. Know that these are the crucial buying opportunities. Don’t buy a car new unless you plan to keep it over 10 years, even then, buy a 2 year old car and keep it 10 years. Always pay cash for a cash, never finance it. You end up spending more. Buy a house that the payment is 10% of your salary and a 15 year mortgage, not 25%. then if you lose your job, the payment is easier to make.
My Millionaire Mentor is long on promises and short of results. The sales page is insulting to anyone with a brain. Clearly, My Millionaire Mentor is trying to appeal to people who believe they can get rich quick and easily. It’s good to see you are not one of them. I tried my hand at MLM several times before I realized it leads nowhere.
It’s important for us as Africans to change our mindset about the process of getting rich and the journey to becoming successful. Now you know how powerful a penny can be, now you know how tough the how to become a millionaire in your 30s is and that results will only start to show at the very end of your entrepreneurial journey.
Most people have a single checking account for all of their Bills and Spending. This could be called “traditional BS money management” (ha ha). In such a system, if you don’t spend all of your cash, the “extra” money might get saved into a simple savings account. This can cause a few problems:
Average cost per rental: Hosts can charge renters whatever rate they want. Costs depend a lot on the host’s location, though. The recommended nightly price for a private bedroom in New York City, for example, is about $100. Airbnb takes a 3% host fee.
That night, I walked around my entire suburb for hours listening to Tony Robbins. I did every exercise he said including the deep breathing and shouting out loud. People in the streets thought I was off my head on drugs.
I am so disappointed with the MTTB, After I paid $49 and going for about 4 steps they want me to pay for Licence $747 and I said that I need to learn some steps the man got angry, and said if I did not pay the $747 that he will not coach me no more, and he really stopped answering my phone, after finishing the 21 steps, I have not receive the $500 they promised. These are only duping people on the net
And for good reason. Making things or providing services to large numbers of people is a complicated business. You have to have a marketable idea, probably a brilliant one. You have to hire workers. You have to manage them. (You may even have to deal with a union, God forbid.) You need to build a spirit of cooperation and a culture that values high quality and customer service. And don’t forget the R and D you’ll need to keep the innovation
You can also review products you are an affiliate of, on your site, linking to the merchant’s site using your especial affiliate link, so that whenever someone buys the products using your link, you get your commission.
The surest way to make a million bucks in stocks is to go for growth and not worry so much about the price. Your chances of earning spectacular returns improve if you hop aboard companies that are generating equally spectacular sales and profit growth. And you don’t need to take a flier on small technology firms.
Money is not everything. Becoming a millionaire is not everything. It’s a fun goal to have — but, at least for me, it’s the journey that is the real prize. It’s making a plan and seeing your plan come to fruition. It’s knowing that “I did it.”
I was thinking about signing up for the millionaire scam too until something told me to google it because I’m like this can not be real & I was listening to some of the people on the video & that’s when I got on that they were lying, one of the “testimonies” had a girl saying that it was her first month & she made “so & so” much money, but then in another scene, they showed her again, same everything, I mean place, hair, even clothes, but they had said it was her 6th month & she was getting a BMW & when I saw that I remember her & thought to myself “wait, didn’t she just say it was her first month?” & that’s what really made me google the program for reviews to see if it was fake or not. So thank you Mr. John.
At the time, Cook was working full-time at an interior-design firm. With an $800 investment, she started making salsa in her kitchen. Her first two customers were stores in the Capitol Market; as her business grew, she rented commercial kitchens in Charleston and nearby Huntington, W.Va. Her big break came in 2007, when she cold-called Whole Foods. After a store representative expressed interest in her product, she loaded up her Honda Civic with salsa and drove 360 miles to Hyattsville, Md. The meeting led to a contract for 10,000 pounds of salsa a week, which enabled Cook to quit her interior-design job and focus on her business. She expanded her product line to include several kinds of dips and salsas and landed contracts with Kroger and Walmart. In 2014, Cook sold her business to Garden Fresh Gourmet, a national salsa manufacturer. (Cook declined to disclose the terms of the deal, but at the time, she was bringing in revenues of more than $1 million a year.) In 2015, Campbell Soup bought Garden Fresh for $231 million.
I’m glad I filtered out all these dubious programs out there and discovered Wealthy Affiliate. I’m just baffled how people are so easily lured into all these scams and these people are actually making pretty good profits. I had some people that came my way to make me join their programs as well, but I always felt like if they’re promotion is too aggressive, I found it shady.
Savings requires good self-discipline. Spend time working on any bad habits that take away from your self-discipline. Focus on what you can accomplish by saving rather than hoarding stuff or showing off to others through conspicuous consumption.