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Tuesday, June 22, 2010

YOUR ROAD TO BECOMING A REAL MILLIONAIRE

YOUR ROAD TO BECOMING A REAL MILLIONAIRE

by Daegan Smith



Health is wealth but economics has taught us a great deal about
the consequences of being devoid of wealth. It can be painful,
sickening and discouraging at best.



Truly, poverty is a choice. Whatever you are doing, it will have
a direct impact on how you determine your life in the future and
how your finances will determine the way you live your life in
the days to come.



However, it is important to realize that many of our actions are
the springboard by which we take our leap to chalk up the
much-needed abundance necessary to live your life to the
fullest; travel places, buy things you needs, satisfy your
wants, and indulge on the most expensive real-life getaway.



While these seem easy to do, the question still remains as: ìHow
can you become a millionaire without you waiting a lifetime?î



The next section provides suggestions and insight on how the
most popular business people in the market have risen to be one
of the top money-making individuals in their lifetime and how
they managed to maintain their money-making skills while keeping
those hard-earned dollars in their pockets.



Determine What You Want



Perhaps if you are a teenager, your number one priority would be
surviving all the hardships beset to you as a teen such as mood
swings due to erratic hormonal attacks, the troubles of puberty,
and your dealing with schooling.



While these are significant and forms part of our daily dealings
with life, the fact of living focuses on earning money and how
you as a person should be empowered to share the wealth the
world has to offer.



In any case, the desire to become rich is something that one
person takes early on. This becomes his commitment and number
one priority and uses every opportunity along the way to bring
him/her one step closer to achieving that dream.



Jennifer Kushell, President and Co-founder of Young & Successful
Media Corp is a perfect example of a young woman who thought of
building his huge empire of business enterprise and be her own
boss and create tool by which everybody can learn while looking
for ways to developing their own money-generating machineries.



She started with her own hand-painted t-shirts when she was in
her teenage years and created an online interactive media by
which young people can interact with one another and share
experiences about money-making and at the same time providing
them with tips on how to start their journey through the world
of entrepreneurship.



At the outset, you have to know exactly what you want and what
is important to you, something which you want to do and cherish
for the rest of your life. If affluence is good for you in all
aspects of your life, there are ways to do it. Everything is a
matter of choice.



As Professors Richard McKenzie of the University of
California-Irvine and Dwight Lee of the University of Georgia
had put it, ìMost people in America got rich because they chose
to do so, and they pursued a path to wealth that is wide open to
most of the rest of us. Indeed, becoming rich is a matter of
choice.î



Work on Individual Steps Towards One Goal



The road to richness is bumpy and full of obstacles. Perhaps,
the best defense as you go through this road of uncertainty is
perseverance. Focus on your goals and never lead astray from it.



Sergey Brin, co-founder of Google search engine share similar
experience in this road to success. Together with, Larry Page,
they left school to develop their university project, a search
engine project, which will provide an online tool where people
will find most of their needs online, organize the wealth of
information on the net and make searching a bit less
complicated.



It must have taken time to develop such technology but their
effort has proven its worth along the way. They did not let
discouragement from classmates and professors to interfere with
their goals yet used them towards the fulfilment of their
dreams.



Manage Money Well



Successful and financially stable people have one thing in
common: they do not spend more than what they earn, and they
invest! You may realize that indulging on expensive clothing,
cars, house accessories, technologies, etc, are stripping you of
your valuable resources which can otherwise be used to other
means and make them multiply.



Not living beyond your means is one way of putting yourself at
risk of unstable financial situation, worst, bankruptcy. Give up
those luxury and start managing your finances.



Take the Risk



About 4% of all Americans, that is around 11 million of the
entire population are rich. The secret? They invest! Put up your
own business or take on a partnership role with a reliable
friend.



Buy some stocks or have others use them for you while gaining
some amount of percentage out of the borrowed money. There are
limitless possibilities to becoming rich and one valid way to
doing this is by taking those little risks and opening yourself
up for a possible blow on the waist when things work hard for
you.



























































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