If someone gave you a million dollars to drop one of your bad habits: smoking, daily starbucks consumption, fast food, entertainment (going out, gadgets), drinking (alcohol, blended drinks, soda), what would you do?
Of course you would take it, I think 99% of us would gladly do so immediately and the other 1% would do so after they saw the rest of us ready to mob them for not taking it!
But check this out, if you drink any type of beverage like 3x a day, you are prob spending like $3-4, in a yr thats about $1500. If you invest that even in just simple investments nothing big, thats almost $100k in 20yrs and in 40yrs you could be almost at a million!
Now that juice doesnt taste so great after all does it
How about if you smoke, a pack of cigarettes cost what? $3-4 plus tax, someone smoking a pack and a half, is spending $2-3,000 on cigarettes! Take that money and invest it in lucrative investments and you could be a millionaire in 20-30 years!
What about those who spend $100+ eating out every week, $400/month, $4800 a yr…and you wonder why its hard for you to reach millionaire status
We appear to have more faith in the lottery system than we have in ourselves. There are many folks who spend $5 a day on lottery tickets, thats $150/mth, $1800 a yr! Yet the odds of winning the Mega Millions are 1 in 135145920
Yet that same person has 99% chance of reaching millionaire status 40+ years later.
How about seeing opportunities that govt has for 1st time home owners, in some cases no down payment is needed, and using that $1800 for your mortgage, pay it off in 15-30yrs, and that house whatever its valued at $200,000, $500,000 or more is ALL yours!
The best thing you can do is change your mindset, your mentality and give yourself more credit.
Here are some other ways to fast track your way to becoming a millionaire
1) From the New York Times(Read article)
2) Even motley fool feels everyone should be a millionaire! (Read article)
