Proverbs 24:3-4

By wisdom a house is built, and through understanding it is established; through knowledge its rooms are filled with rare and beautiful treasures. Proverbs 24:3-4

Friday, September 2, 2011

5 Easy Steps to Becoming a Millionnaire

Yahoo finance (http://financiallyfit.yahoo.com/) lists their 5 Easy Steps to Becoming a Millionnaire.  I'll just list them, but you can go to their website for the rest of the information.  Some of them are self explanatory:

1.  Only marry once. (Divorce costs a lot of money and you lose your stock pile)
2.  Live off one income.  (Save the second income)
3.  Choose the right career.  (Be aware of new trends and don't get stuck in a vanishing job)
4.  Put your money in appreciating assets.  (Cars, toys, etc. will never resell at a higher price)
5.  Don't live the millionnaire lifestyle.  (Keep your home, drive an older "new" car)
(There's an old saying:  "Use it up... Wear it out ... Make it do ... Do without".  Apply to a lot of things.)


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