At the end of 2017, there were estimated to be just over 15 million US$ millionaires or high-net-worth individual (HNWIs) in the world. The United States had the highest number of HNWIs (5,047,000) of any country, while New York had the most HNWIs (393,500) among cities.   
Monevator: I don’t think a net worth goal is the way to go either, but a lot of people put stock in a number (it’s an easy concept for a lot of people who are new to personal finance). Personally I’m going for exactly what you mentioned – the crossover point where my investments are earning me more money in passive income than my day job. That is when I will feel financially free.
I recently gave some marketing tips to a bunch of local professional photographers who formed a company about 3 years ago. There are 7 of them and they were making around £400 a month (collectively). So I advised them to create a website, show their individual skills on the site, and start promoting themselves. (No no no, not the way you are already thinking!) The skills about their technical know-how, courses they can offer, and (very importantly) reviews of the latest equipment on the market.
However, it’s doing things in a strategic, concise and consistent manor that really is the difficulty and having the discipline to work towards one’s target and not let life get in the way of your end goal – That I feel is the difficulty really for most people. I especially liked your section on; ‘Saving’ and it’s all to familiar to view our saving cash as the money we have left after everything else is paid for. This needs a serious mindset shift for us mare mortals. I do like funding these gem of information online.
Fiverr – Fiverr is a great place to make a few bucks or spend a few bucks if you need some of the services people offer. Basically, everything is $5. You either pay $5 or charge $5. They call them “gigs.” You can offer your services however you choose. If you sell art and you’re fine selling pieces for $5 each, that’s a gig. If you’re a graphic designer and you want to offer your services for how long did it take warren buffett to become a millionaire simply offer a 30 minute gig. If they need two hours of graphic design, they pay you $20, or $10/hour by buying four gigs.
Once a person buys the My Millionaire Mentor story and becomes greedy to be a millionaire too, they are vulnerable to the scam. The telemarketers know this and work to keep the person greedy as they talk them into the next level and the next.
I firmly believe that, if you apply these principles to your own financial life, you also can also build long-lasting wealth. If you’re ready to go against the grain and change your fortunes, here are eight important steps to follow:
The best thing about this lucrative idea is that once you’ve invested the time (say 20 hours), you’ll earn a passive income for years to come! For a step-by-step guide to publishing and earning with eBooks, see “How to write a nonfiction eBook in 21 days“.
Keep in mind if you don’t have surpluses of money you won’t make investments because you won’t have enough courage to risk what you have worked so hard to accumulate. The second company I started required a $50,000 investment. I loaned the company fifty thousand and it was paid back within forty-five days and that same company has produced 10m in revenues for over 20 years.
You can get some good money and help the environment by recycling mobile phones with certain companies listed on the comparison tool. But be aware: you won’t always get the quoted cash since it depends on ‘condition’. We recommend Mobile Cash Mate for the fairest and highest payouts in most cases (they sent us a £203 cheque for an iPhone 5).
Do you love getting refunds? How cool would it be to get money back on stuff you’ve already bought without having to do a thing? Paribus is a service that lets you find out if stores you’ve shopped at online owe you a refund. It’s free to sign up. Paribus connects to your email account and checks your receipts. If they find out a retailer has dropped their price they file a price adjustment claim for you. Try out Paribus.