Law Of Attraction Tips

Being a millionaire is really simple. After reading this article, you will get to free yourself from your old view about being a millionaire is hard. Being a millionaire is really simple because it only takes 3 steps:

1. Write down a goal to achieve 1 million assets in a period of time.
2. Write down how much you have right now.
3. Take action to achieve what is the difference between 1 million and how much you have within the period.

Is this simple?

“Ya right. It looks simple when it comes in numbers and concepts. The third step is the most challenging one.”

Nope. The third step is also very simple. There are only 3 ways in step 3. The 3 ways are:

1. Make more money
2. Spend less money
3. Expand the assets you got.

Are you starting to feel scared or angry? In this article, you don’t have space to complicate things. Everything will be simple in words and simple in sentence. I’m going to talk about “Make more money” in the last part because that’s my favorite.

Spend less money. Over 90% of things we bought are based on emotions. I’m not trying to ask you stop being emotional. Control them and not letting emotion to control you. One of the emotions that makes become a millionaire is the emotion to spend more when we start to earn more money. Just remember to ask this question everytime before you buy anything “Do I need this to be a millionaire?” (Yes, you need toothbrush to be a millionaire because it gives good impression to your customers.)

Expand the assets you got. This is about making your money to work for you. This includes investment in bond, unit trust, shares, property and other financial derivatives. I personally like the combination of bond unit trusts and property investment. Bond unit trusts have the advantages of secure, high liquidity and professionals managing. Property investment has the advantage of high return, passive income and low risk (Only if you know how to do it).

Make more money. There are lots of ways to make money. It includes crime, gamble, work or business. Out of all kinds of money making method, I recommend you to start a business. You already know why I don’t recommend crime and gamble. Work is an “exchange time for money” game. To make more money, you need to work more. Your time is limited. If you can make $1000 per job, can you take 30 jobs per day if you want $30,000 per month?

The best part of a business is that you can accumulate the effort you put. The more effort you put, the bigger the business will grow. This will allow you to spend less time in business and making more money every month. To have a successful business, you need to remember these 3 words: Passion, Strength and Trend. Start a business which you are passionate, good at and it’s a leading trend in the world.

Example:

Passion: I love knowledge and materials about success, inspiration, personal development and self growth.
Strength: I have gone through many books and seminars about this topic and put it into practice.
Trend: People in the world are seeking for success. More and more people want to learn how to be rich, improve themselves and live an excellent life.

So, I choose to use blog as one of my business. I share my knowledge and experience in my journey. I recommend products that really help me and my readers. When they buy, I make profits.

How to become a millionaire is really simple! Just 3 steps and 3 ways. You need to take action from here. One of the most common issue that makes become a millionaire is so hard is people are not willing to take action!

The next article, I’m going to talk about what makes becoming a millionaire so hard.