How to become a millionaire
@santosmarichris (1849)
Philippines
October 3, 2010 10:08pm CST
Everyone wants to become a millionaire. We will be financially capable and secure and we can also help others as well. Here are some tips I got from the web:
1. Buy a property. Property prices rise by an average of 5% so in time your asset will double.
2. Save in a pension plan. If you start young the better.
3. Be loving to your parents and relatives and if your a caregiver or a nurse be nice to your clients. You maybe inheriting money if you do so.
4. Marriage. Yup, if you have built up an asset same with your partner before getting married, the combination of your asset will be big. Just be sure your marrying a person without any huge debt.
5. Set up a small business.
Do you want to become a millionaire?
2 people like this
9 responses
@Professor2010 (20156)
• India
4 Oct 10
Nice tips lol
I have built two double storey buildings, invested 9 lacs in pension plan, my parents are no more but i live with my sons and grandkids, i love my friends relations, was married 44 years ago, i have side business too, and i get a decent amount as pension from the government for 44 years of my service in colleges and universities..
Thanks for sharing. Cheers.
Professor. .
1 person likes this
@santosmarichris (1849)
• Philippines
5 Oct 10
Hi Professor! What a success story you have. I'm happy for you.
I hope you have more blessings to come. Have a good day.
I hope you have more blessings to come. Have a good day. @kath83 (81)
• Philippines
4 Oct 10
First thing that I will do to become rich and millionaire is to save money, save, save... Always know how to handle your money wisely and how you can save even a single cent.
Another is to invest your hard earned money to mutual funds and stocks. Mutual funds are much conservative to use if you are not familiar with doing what stock brokers does.
I also agree with investing in pension plans, educational plans, and health and retirement plans. It will be beneficial to the plan holders and its family.
And lastly, think positively, imagine you are a billionaire and try to give it back to those who are in need of your assistance.
1 person likes this
@dorannmwin (36392)
• United States
6 Oct 10
I do hope that one day I will be able to be a millionaire. However, that is not the only thing that I aspire for in my life. Right now I am just working on the little things. The first goal that I am working on is for our family to be completely out of debt. We have credit cards that we are working on paying off and when that is done, we will start working on paying off our house. I figure that if we are able to get completely out of debt, we really will be making steps that will ensure our wealth in the future.
@asxenon (1440)
• Malaysia
5 Oct 10
To be or not to be a millionaire depends on both intelligence and luck :p
Anyway, who doesn't want to be a millionaire but actually how many did become one.
Dreaming is simply a good start but action is what differentiates success or failure. Those who dream big and act towards its dream will succeed, but those who dream the whole day but did nothing towards the dream will fail without any doubt.
Good luck in your quest to become a millionaire and i do hope u act towards it.
Have a nice day!
@viennaEscatronD (69)
• Philippines
4 Oct 10
Study first and then if you're done try to search work and if you'll find it focus in your work and someday you will be a millionaire if you should always doing the right thing in your life and always remember that if your having a good attitude god will be good to you too.
@treble19999 (2)
• Singapore
4 Oct 10
I think there is one very good way to get rich. It's not quick, and takes up a lot of time, but the returns on investment are really worth it.
1) Start investing in stock. Not those who play the stock market, but real investing in businesses that you think will make money in the long run or will be profitable and bounce back, despite the recent economic down turn
2) After about 10 years, or 5 or 2 years if you're lucky, continue investing and use the profits from your investment to buy a luxury house in a high-end area.
3) Rent out the house, preferably to expatriates who will be willing to pay more, and the monthly income from the renters could go up to 30K per month.
4) continue buying new houses to rent out and one for yourself to stay in (must enjoy too)
5) sit back, retire early, and see the income roll in. don't forget you still have ownership of the house.
a friend of my managed to do this very successfully over the years, become a millionaire, and still have a steady income despite not working
@santosmarichris (1849)
• Philippines
5 Oct 10
Hi Treble! I love your tips. They are great!!!
Thanks for sharing.
@anurag3786 (6265)
• India
4 Oct 10
I think in present time it is not possible to become millionaire only by hard working. You can need of a large supports from someone. I think now in these days if you are working with honesty then you never become a millionaire so you need to dong different like any good business and also investing money in some property like lands. Because lands prices always increased day by day. so it will good for you.
@mercedlegurpa (955)
• Philippines
4 Oct 10
Yes who wouldn't want. But I guess I want to be a millionaire in a healthy way. I mean it's better to be healthy than being a millionaire.I hope you get what I meant.
@yspmyl (3435)
• Malaysia
4 Oct 10
To became a millionaire in the hard way is to work very hard and save your hard earn money. To invest in property will not make you a millionaire if you are not rich enough to buy the 2nd or the 3rd house and you are on loan. You will probably let the bank earn more money when you get a loan from the bank. For no 2, 3, 4 If you are lucky enough to get someone that is filthy rich, then you might have the chance to inherit the money. The other way to become a millionaire is hope that you have the very good luck that you strike a lottery and become a millionaire overnight.








