I joined the Millionaires Club at 35.
No businesses.
No inheritance.
No lottery.
Here are 14 techniques I used to escape the rat race after a short work career.
No businesses.
No inheritance.
No lottery.
Here are 14 techniques I used to escape the rat race after a short work career.
1. I followed the money.
My passion is photography, and my strength is computer science. "Follow your passion" is dumb advice, so I ignored it and pursued my strength instead.
Avg salary of a computer scientist is over $110,000.
Follow your strengths.
My passion is photography, and my strength is computer science. "Follow your passion" is dumb advice, so I ignored it and pursued my strength instead.
Avg salary of a computer scientist is over $110,000.
Follow your strengths.
2: I didn't believe in luck.
The most successful people I knew worked their asses off.
They took risks.
They had work pride.
They were happy people.
They showed up every day.
None of them relied on "good luck".
They relied on getting off their ass.
Worked like a charm.
The most successful people I knew worked their asses off.
They took risks.
They had work pride.
They were happy people.
They showed up every day.
None of them relied on "good luck".
They relied on getting off their ass.
Worked like a charm.
3. I watched every millionaire I met.
Instead of hating rich people, I observed their habits. I *actually* took notes.
Rich people are the greatest teachers if you're looking to build wealth. Watch them.
Learn, don't hate.
Instead of hating rich people, I observed their habits. I *actually* took notes.
Rich people are the greatest teachers if you're looking to build wealth. Watch them.
Learn, don't hate.
4. I ditched low-value "friends."
This sounds harsh, but it works. I ignored toxic friends and coworkers who were dead weight. I didn't want to associate with them.
Choose your network wisely. Keep it high quality.
This sounds harsh, but it works. I ignored toxic friends and coworkers who were dead weight. I didn't want to associate with them.
Choose your network wisely. Keep it high quality.
5. I 100% exploited my 9 to 5 job.
Three primary benefits of my 9-to-5:
- 401(k)
- Roth IRA
- Consistent income
I automated investments with every paycheck. I set it up once and never had to think about it again.
Easy money.
Three primary benefits of my 9-to-5:
- 401(k)
- Roth IRA
- Consistent income
I automated investments with every paycheck. I set it up once and never had to think about it again.
Easy money.
6. I automated everything.
I'm the definition of an "automatic millionaire".
Bank transfers. Automated payroll deductions. Make saving and investing easy by using the power of automation so you never have to think about it.
Set it. Forget it.
I'm the definition of an "automatic millionaire".
Bank transfers. Automated payroll deductions. Make saving and investing easy by using the power of automation so you never have to think about it.
Set it. Forget it.
7. I switched companies five times in 14 years.
Each job switch came with a 15 to 20% raise.
Even if I was "happy", I still kept an ear open. I never let an opportunity pass without at least a little exploration.
This is the 'Easy Button' to more money.
Each job switch came with a 15 to 20% raise.
Even if I was "happy", I still kept an ear open. I never let an opportunity pass without at least a little exploration.
This is the 'Easy Button' to more money.
8. I ignored the haters.
It's sad how people dish hate when you're living a purposeful life.
You're not drowning in debt, buying a boat, or going on pricey vacations.
You're living your life. Building wealth.
Those hateful people are still working today.
It's sad how people dish hate when you're living a purposeful life.
You're not drowning in debt, buying a boat, or going on pricey vacations.
You're living your life. Building wealth.
Those hateful people are still working today.
9. I ignored the Joneses, too.
Don't keep up with the Joneses because most Joneses are broke.
Focus on you and your family. Your needs.
Ignore your neighbor's buying decisions. Their decisions won't make YOU rich.
Don't keep up with the Joneses because most Joneses are broke.
Focus on you and your family. Your needs.
Ignore your neighbor's buying decisions. Their decisions won't make YOU rich.
10. My wife and I talked about goals.
My wife and I would walk and talk about our future every night.
This helped us develop a plan. Decide what we wanted. Estimate expenses.
*Always* talk about your future with your spouse.
My wife and I would walk and talk about our future every night.
This helped us develop a plan. Decide what we wanted. Estimate expenses.
*Always* talk about your future with your spouse.
11. I prioritized well.
Millionaires prioritize their lives. They know what is important.
Health > Family > Wealth
Without the first two, the third is meaningless.
Millionaires prioritize their lives. They know what is important.
Health > Family > Wealth
Without the first two, the third is meaningless.
12. No credit card debt, ever!
Your credit card is a convenience, not a way to spend money that you don't have.
And, it KILLS your ability to build wealth.
Never accept credit card debt. Ever.
Your credit card is a convenience, not a way to spend money that you don't have.
And, it KILLS your ability to build wealth.
Never accept credit card debt. Ever.
13. I always said "yes".
If I was doing the same job I did a year ago, that was a failure.
I always kept moving. Trying new things.
This exposure kept me learning, improving, and succeeding.
Keep your eyes open. Say "yes" to opportunities.
If I was doing the same job I did a year ago, that was a failure.
I always kept moving. Trying new things.
This exposure kept me learning, improving, and succeeding.
Keep your eyes open. Say "yes" to opportunities.
14. I stopped going to the damn bar.
I used to drink with my coworkers at a bar every week. I'd easily drop $70 to $100 per visit.
That's almost $400/month for the privilege of drinking.
STUPID.
I used to drink with my coworkers at a bar every week. I'd easily drop $70 to $100 per visit.
That's almost $400/month for the privilege of drinking.
STUPID.
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