Tuesday, 22 September 2015

Here Are The Signs You Could Still Become A Millionaire

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We’ve passed the first half of the year mark and you may seem overwhelmed with the distractions and demands of reaching your financial goals. But that doesn’t mean you need to be dazed by the odds you are faced with. Rather you should focus on the possibilities and know that your resolution to become a millionaire is still attainable, but only if you are aware of the effort that is involved.

Here are the signs you are still on track to reach your goal:

You are financially educated

Courses in financial education are not something they teach in public schools. But you have taken the initiative and got started with reading books by Robert Kiyosaki, The Millionaire Next Door: The Surprising Secrets of America Wealthy by Thomas J. Stanley, and many other financial books that will get you on track to make your first million. You understand that you simply cannot save to become a millionaire. You have to take the strategic step of increasing your income steadily. Don’t we all need to follow the money and take advantage of opportunities? So save your money to invest it and focus on the long term benefits rather than just living for the moment.

You are willing to outwork everyone

Money doesn’t sleep. It doesn’t know night, days, holidays, or any season. Money is always in motion and the way to catch up with it is by outworking everyone and doing that extra service to get you noticed. Besides, it is better if you are not known for the amazing clothes and jewelry you buy, but rather for your work ethic. So focus on the work and watch your wealth grow.

Avoid debt that doesn’t pay you

Some treat money as a disposable commodity. But not you- you treat money as a jealous lover and you guard it with everything you’ve got. While debt may seem attractive to others as it may allow them to live a luxurious life, you see debt as a way to gradually allow you to become a millionaire. You have made it a rule to use debt to make you more money. Many wealthy people are in debt, but not in a negative way, because they have used their debt to leverage investments and their cash flow.

You hate being poor

Some view wealth as evil. But you don’t see wealth that way, rather you understand that wealth could offer you the freedom to pursue every dream you have always wanted to have. Being poor sucks. Every wealthy person who was once poor knows this. That is why they work hard daily to protect their wealth.

You are focused on learning and doing what works best for you

There are a million ways to become wealthy but everyone has to choose a unique channel that applies to them. Learning should go beyond what you learned in school, but instead be a continuous education that stems from following your passion and dreams. You are not trying to compare yourself to others but rather you are willing to define your path based on your terms and the knowledge of what works best for you.

You have a millionaire mentor

You might believe you have limitations because you grew up in a lower middle class family or in a low socio-economic area. However when you have a millionaire as your mentor you are focused on duplicating the methods that saw them attain their wealth.

You think big

Wealth is not limited in our world. You know this. You are not only willing to shoot for a million, but you are also willing to shoot for ten million. You think big because you know that is what the world needs from people striving for greatness.

Featured photo credit: http://www.pixabay.com via pixabay.com

The post Here Are The Signs You Could Still Become A Millionaire appeared first on Lifehack.

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