𝗛𝗼𝘄 𝘁𝗼 𝗥𝗲𝘁𝗶𝗿𝗲 𝗮 𝗠𝗶𝗹𝗹𝗶𝗼𝗻𝗮𝗶𝗿𝗲? Start as a billionaire and open a trendy, overpriced juice bar! Just kidding!
Here are four simple steps that will turn almost anyone into a millionaire!
𝗚𝗲𝘁 𝗼𝗻 𝘁𝗵𝗲 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗵𝘆𝗽𝗲 𝘁𝗿𝗮𝗶𝗻 🚀
Binge-watch the “How to Get Rich” docuseries by Ramit Sethi on Netflix. It’s like getting insider knowledge on leveling up your money game. You’ll realize you’re not alone in your financial journey, and Ramit’s relatable approach will have you feeling motivated and ready to take charge.
💡𝗣𝗿𝗼 𝗧𝗶𝗽: Ramit Sethi has an awesome YouTube podcast called “I Will Teach You To Be Rich.” It’s like having a personal finance guru in your pocket, dishing out practical tips and tricks. Subscribe and thank me later!
𝗟𝗲𝗮𝗿𝗻 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗶𝗻𝗳𝗹𝘂𝗲𝗻𝗰𝗲𝗿𝘀 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗮𝗰𝘁𝘂𝗮𝗹𝗹𝘆 𝗿𝗲𝗹𝗮𝘁𝗲 𝘁𝗼 📝
You know what’s cooler than a suit-wearing financial guru? Watching a video where Tom Bilyeu and Jaspreet Singh drop truth bombs about money. Jaspreet’s fresh perspective on wealth will make you rethink everything you thought you knew about building a fortune. It’s like a workout for your financial muscles, but without the gym membership.
Link to video: youtu.be/8CFLg7KN0zI
𝗘𝗺𝗯𝗿𝗮𝗰𝗲 𝘁𝗵𝗲 𝗽𝗼𝘄𝗲𝗿 𝗼𝗳 𝗰𝗼𝗺𝗽𝗼𝘂𝗻𝗱𝗶𝗻𝗴… 𝗹𝗶𝗸𝗲 𝗮 𝗯𝗼𝘀𝘀! ✅
Imagine this: You’re 25 and investing just $500 per month. Fast forward to your 60th birthday, and you’re a certified millionaire! Sounds like a dream, right? But it’s not! Use a simple compound interest calculator and plug in an 8% interest rate (the historical return of the S&P 500). Witness firsthand how your money can grow like wildfire. 🔥
Link to compound interest calculator: moneysmart.gov.au/budgeting/compound-interest-calculator
Sure, we all want to turn $1 into $1,000,000 overnight. But let’s get real and focus on building sustainable wealth that’ll have you partying like a rockstar in your golden years.👴
𝗖𝗿𝗮𝗳𝘁 𝗮 𝘀𝗽𝗲𝗻𝗱𝗶𝗻𝗴 𝗽𝗹𝗮𝗻 ✅
Introducing the Conscious Spending Plan by Ramit Sethi. It’s all about spending on what truly sparks joy while mercilessly cutting costs on the things that don’t. Save and invest like a boss while still living your best life. It’s not rocket science; it’s savvy financial decision-making.
Link to Conscious Spending Plan: www.iwillteachyoutoberich.com/c-conscious-spending-plan
Now, let’s talk investment game plans. Here are two simple strategies that’ll make you feel like a money maestro:
𝗢𝗽𝘁𝗶𝗼𝗻 𝟭: Invest in low-cost, no-fuss S&P 500 index funds like $SPY and $VOO every single month. It’s like having your money on autopilot while you focus on conquering the world. With an average historical return of around 8% per year, this strategy rocks.
𝗢𝗽𝘁𝗶𝗼𝗻 𝟮: Feeling a little extra? Go for low-cost NASDAQ indexes like $CNDX or $QQQ every single month. These babies have been known to deliver an average return of over 10% per year. Prepare to make it rain!
What do you guys think? Is it a fair long-term strategy?