“how to become a tsp millionaire who wants to be a millionaire how to be a contestant”

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The one idea this book had right was to Think Big! It is important to always be thinking bigger and better. I had a friend a while back tell me about a method to increase happiness. She said that even if you are extremely happy about everything in your life, don’t think that you are at the pinnacle of your happiness. Try to constantly bring up your happiness scale, so what was the “happiest day of your life” one day, will eventually be “just a regular day.”

For reference, $305 per day is only $111,325 per year or $9,150 per month – something that’s completely doable, just more challenging when you’re younger.  And as long as nothing is holding you back from earning more, you can make this much per day!

Imagine you could call up a friend and say, “Meet me at the bar and tell me what’s going on with the economy.” Now imagine that’s actually a fun evening. That’s what we’re going for at Planet Money. Want to know more? Check out our “about” page. Want to connect with the Planet Money team? Send us an email.

Ryan (or anybody): sometime back, I wanted to open up a Vanguard account. Long story short–that company won’t let me do so because I’m an expatriate (American living and working in Taiwan) with no USA address. Can you name some comparable companies that accept US expat investors?

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Tom Corley, author of “Rich Habits”, studied the habits of millionaires during a five-year study of the rich and poor. Here’s what he found as it pertains to most self-made millionaires and their income streams:

Just wondering how many people you know personally, that saved and invested, especially if they made minimum wage, weren’t college educated, had a family to support, etc. and became as you say, ‘filthy rich’ by following the principles of this page? People read simple-minded articles and poor things, if they are simple-minded enough to believe the garbage.

At younger ages, you still have the time to be a little more risky with your investment selections, and seek out investments that have the potential to get you that 7% return or more. If you’re looking at certificates of deposit and money-market investments, think again – you need to consider other investments such as equities to achieve returns that can outpace inflation. (To learn more, see Guide to Stock Picking Strategies.)

If you don’t want to sell anything, but have some things of value you can part with for a while, you can always pawn them and get them back later. Be aware though, that pawnshops charge interest of 3% to 25% per month, so this is not a cheap way to borrow.

You don’t need a high-paying job to become a millionaire by the time you retire (or even sooner). All you really need is a smart savings and investment strategy from the get-go, along with a willingness to adopt a lifestyle that supports that strategy. If you make savings a priority early on in your career, you’ll be well on your way to reaping what could be a significant financial reward down the line.

“Perfect, perfect, perfect… thanks to you Steve, I went into the meeting with a renewed https://youtu.be/P0rkPqdibV8 knowledge and confidence… from what I’ve learnt my business could easily increase by as much as £90,000 per year…!” – Bill Baddeley – Scott and Mears

The book of the week was How To Make Millions With Your Ideas by Dan S. Kennedy. This book made some good points, but overall it wasn’t my taste. I think a lot of the ideas in this book are a little pie-in-the-sky and I like to focus on basic business and leadership principles that do not require luck, just skill.

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