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My Millionaire To-Do List! Ya gotta start somewhere…

by J. Money on Friday, April 18, 2008

million dollar club sealWelcome to J’s Million Dollar Club! If you’ve ever dreamed about becoming a millionaire – and you actually want to DO SOMETHING about it – you’re in the right place!

Can you imagine how killer it would be logging into your accounts one day and seeing a cool million there? I’ve been all about it the past couple years and there’s really nothing stopping me now. I’ve got the desire, the patience, and more importantly the game plan! (what this post is all about).

And I’d love for you to join! Check out my “millionaire to-do list” below and then create one for yourself. It doesn’t have to be much, just make sure it’s realistic so you’ll actually go through with it. Then review it every once in a while to remind yourself WHY you’re saving so much more than all all those crazies around you ;) After that, just keep Motivated!The Automatic Millionaire” and “The Millionaire Next Door” are excellent books for this. All the plan really entails is time and habits. You master those and it’s easy breezy my friends! (besides, of course, finding the money to invest). But regardless, you have to start NOW.

In order for me, J. Money, to become a millionaire, I pledge to do the following (each year):

  1. Max out my 401(k) Self-employed now!
  2. Save/invest 1/2 of all future bonuses.
  3. Continue living more minimalistically.
  4. Sell unwanted stuff on Craiglist :)
  5. Max out my SEP IRA.
  6. Max out my Roth IRA.
  7. Max out my wife’s Roth IRA.
  1. $16,500 invested + $16,500 matched!
  2. $2,500 *currently frozen…
  3. $3,000 est.
  4. $500 est.
  5. $22,000 invested –> stocks, funds
  6. $5,500 invested –> stocks, funds
  7. $5,500 invested –> stocks, funds

That would mean a total of $23,500/year $33,000/year if I could pull that off! Using CNN-Money’s millionaire calculator with a conservative interest of 6%, I will see a cool $1 Million in approx. 9 years and 4 months!

[FYI: A cool, and free, place to track all your money is You attach all your accounts similar to Mint, and it spits you out a nice "snapshot" of all your money/investments/etc. Plus your net worth! So you can track it over time vs. checking the calculator every few years ;)]

This means I will become a millionaire by the time I’m 43 45 42!

That $1 million might not actually be *worth* $1 million by then (and I can’t predict future returns), but to be honest that’s not what it’s about for me. All I want is the ABILITY to retire happily with no concerns about money at all. And I’m pretty damn sure being a millionaire would cover that ;)

Want to see where our net worth is right now? Click here.

***UPDATE #1*** 10/6/11 Since being laid off in January and now being self-employed (woohoo!) I have updated these numbers :) They’re not *as* sexy as before, but we’re still creeping up towards millionaire status as we go along! And with our new Mortgage Payoff Plan in works, I’ll need a LOT less than $1Mil to be happy now… not to mention how much MORE I’ll have left over in 10 years once I’m 100% debt-free!! WOO!! Gotta keep tweaking our plans as life goes on :)

***UPDATE #2*** 5/20/13 We’re back to hitting $1 Mil earlier again! Two+ years of being self-employed now and so far so good :) Here’s an update on this club we just posted about: We’ve got our first millionaire member! Hope the rest of you are hustling just as hard too!

***UPDATE #3*** 2/17/14 I’ve started a Net Worth Tracker over at my other site, for anyone interested in seeing a bunch of bloggers’ net worths all on one page :) Helps to inspire AND show you that we’re all at different phases of our lives…


Ready to join the club?

Get your own pledge jotted down, and then link back or leave a comment and I’ll add ya to the list! Here are the current soon-to-be millionaires:

  1. James @ DINK’s Finance [Now a millionaire!!! Breakdown here]
  2. Ginger @ Ginger Won’t Snap
  3. Erica @ Erica’s Funny Farm
  4. Brian @ My Next Buck –> Brian’s millionaire list
  5. Brad @ Enemy of Debt –> Brad’s millionaire list
  6. Paul @ Fiscal Geek
  7. Shawanda @ You Have More Than You Think –> Shawanda’s millionaire list
  8. Financial Samurai –> Financial Samurai’s millionaire list
  9. Brandi @ A Life Change: My Journey To Happiness
  10. Yellow Piggy Bank
  11. Michelle @ Penny and Nickel to Wealth –> Michelle’s millionaire list
  12. O1SP03 @ Five Girls Ditching Debt
  13. Megan @ Student Charade –> Megan’s millionaire list
  14. LuLu @ How I Save Money –> LuLu’s millionaire list
  15. Lisa @ Cents To Save
  16. Jayde Moss
  17. Broke M.B.A. @ The Broke M.B.A –> Broke’s millionaire list
  18. Ryan @ Planting Dollars –> Ryan’s millionaire list
  19. Roger @ The Amateur Financier –> Roger’s millionaire list
  20. The Financial Blogger –> Financial Blogger’s millionaire list
  21. Money Wise 24 –> Aleks’ millionaire list
  22. BudgetBabe @ Lean with Green –> BudgetBabe’s Millionaire List
  23. Sabrina @ Freedom 45 –> Sabrina’s Millionaire List
  24. Clayton @ Just Good Financial Advice
  25. YoungAndThrifty –> Young And Thrifty’s Millionaire List
  26. Jeff Kosola @ Deliver Away Debt –> Jeff’s Millionaire List
  27. Money Handler @ Money Handler’s millionaire list
  28. Broke by Choice @ If I Were a Wealthy Girl–> Broke by Choice’s millionaire list
  29. Money Reasons –> Money Reasons’ millionaire list
  30. Jane @ See Jane Get Rich –> Jane’s millionaire list
  31. Barbara Bryn Klare @ Upside of Money
  32. Meghan Fife @ Thoughts on the Real Life
  33. Ciawy @ Run, Work and Save
  34. Benjie @ Zordane –> Benjie’s millionaire list
  35. AP @ Aspiration’s Purse
  36. FinEngr @ Engineer Your Finances –> FinEngr’s millionaire list
  37. Harvest Wages
  38. Matt @ Dividend Monk –> Dividend Monk’s millionaire list
  39. Budgeting In The Fun Stuff
  40. Anon Lawyer @ Thoughts of an Anonymous Lawyer –> Anon’s millionaire list [OUR 2nd MILLIONAIRE WHO'S MADE IT! Congrats!!]
  41. Moneymonk
  42. Saving Savy Pinky –> Pinky’s millionaire list
  43. Utbytte –> Utbytte’s millionaire list
  44. Darren @ More Than Finances –> Darren’s millionaire list
  45. Meg @ World of Wealth
  46. MFO @ My Financial Objectives –> MFO’s millionaire list
  47. Jeffrey Mitchell
  48. Ashley Jacobs @ CashFlow Sherpas
  49. FrugalGuy @ Frugal Revolution
  50. Anthony @ Diversify Your Life
  51. Matt @ Better Me Self (awesome name!)
  52. MoneyMan @ Financial Odyssey
  53. Wendy P.
  54. Bobby
  55. Stu @ Pennywise2Pennyworth –> Stu’s millionaire list
  56. Ginger @ Frugal Students – Starting a New Life –> Ginger’s millionaire list
  57. Will @ Frugal Norwegian –> Will’s millionaire list
  58. Money Rabbit
  59. Chris Parsons @ Small Biz Big Dreams
  60. Divas With Cents
  61. Jack Crown @ Stock Dividend
  62. BigChrisB @ Debt Digger –> Big Chris’ millionaire list [The first one to a million! Congrats!!]
  63. Catherine @ Blugoo Girl
  64. Eric @ Post Grad Agenda –> Eric’s millionaire list
  65. Jamie J @ The Bottom Rung
  66. Jon @ Free Money Wisdom
  67. Rob. T. T.
  68. Angie
  69. Jane Sanders @ Debt –> Jane’s millionaire list
  70. Dani @ OK, Dani –> Dani’s millionaire list
  71. Nitza @ Nitza’s Pizza –> Nitza’s millionaire list
  72. Brian @ Treasure Freedom
  73. Aspiring Millionaire @ Aspiring –> Aspiring’s millionaire list
  74. Multi-Millionaire Before 30 –> Multi-Millionaire’s list
  75. Kelsey Horner @ Zero To One Million Challenge
  76. Kody @ Financial Money Tips –> Kody’s millionaire list
  77. Steve Ryan @ Smart Wealth
  78. Jeff @ My Multiple Streams –> Jeff’s millionaire list
  79. T. Thema Martin @ Savionaire
  80. John @ Frugal Gearhead –> John’s millionaire list
  81. Rich Uncle El @ Money Watch 101 –> Rich Uncle El’s millionaire list
  82. Long @ Budget For Wealth –> Long’s millionaire list
  83. Cameron Cohen
  84. Shondell @ Call Me What You Want, Even Cheap! –> Shondell’s millionaire list
  85. Busy Executive @ The Busy Executive Money Blog
  86. Jai
  87. Obodden
  88. Alunda @ My Take on Money –> Alunda’s millionaire list
  89. Victoria @ Lend Not Borrow
  90. Mikayla – (List below in comments)
  91. CrystalH @ Sophisticated Spender
  92. DC @ Young Adult Money –> DC’s millionaire list
  93. Oyinda – (Listed below in comments)
  94. MB @ 12 Year Career
  95. Mike Collins @ Wealthy Turtle –> Mike’s millionaire list
  96. Just Pay It Off –> JustPayItOff’s millionaire list
  97. DZ @ Debtzilla –> DZ’s millionaire list
  98. Lena @ What Mommy Does –> Lena’s millionaire list
  99. Jim [Another member who's made it! CONGRATS, Millionaire!]
  100. RevenueKing
  101. Tarragonisntjustaspice
  102. Jeremy @ My Financial Road
  103. Abbie Stokes @ Finance Junkie
  104. Ma rio @ Debt Blag
  105. Free Money Minute –> Free Money Minute’s millionaire list
  106. Anton Ivanov @ Dreams Cash True –> Anton’s millionaire list
  107. Paul – (list is in comments below)
  108. Alex – (list is in comments below)
  109. Leona @ All My Dollars and Cents
  110. Anne – (list is in comments below)
  111. Christine @ ThePursuitofGreen –> Christine’s millionaire list
  112. EJ @ Money Making Mummy –> EJ’s millionaire list
  113. Kim @ Eyes on The Dollar –> Kim’s millionaire list
  114. Mel @ Broke Girl Rich
  115. Izzye G
  116. Corinne Hoener
  117. Deacon Hayes @ Well Kept Wallet
  118. S Dot
  119. Graham @ Money Stepper
  120. Fiona
  121. Kirby @ TheSimpleMoneyBlog
  122. Bobby @ Making Money Fast and Slow –> Bobby’s millionaire list
  123. Jessi Mendoza
  124. Flori
  125. Franklin B
  126. Lisa E. @ Lisa vs. The Loans –> Lisa’s millionaire list
  127. Deacon Hayes @ Well Kept Wallet –> Deacon’s millionaire list
  128. Mama Breeze @ Following Life’s Breeze
  129. Krista and John @ 2 Copper Coins –> Krista and John’s millionaire list
  130. MITM @ Naked Budgeting –> MITM’s millionaire list
  131. Shannon
  132. Mr Ikonz @ Project Ikonz
  133. Money Journal @ Zac’s –> Zac’s millionaire list
  134. No Nonsense Landlord –> Going for $1 Million in *liquid* net worth!
  135. John C. @ Action Economics –> John’s millionaire list
  136. F2P @ Free To Pursue –> F2P’s millionaire list
  137. Derek @ Derek and Carrie –> Derek’s millionaire list
  138. Ndy
  139. Guillaume
  140. Cody Wheeler @ Academy Success –> Cody’s millionaire list
  141. Single Dad @ Single Dad Living –> Single Dad’s millionaire pledge
  142. Kim @ A Sister Livin’ Better –> Kim’s millionaire pledge
  143. Journey To Total Freedom
  144. Darlene (list is below in the comments)
  145. Teresa (list is below in the comments)
  146. Tim Seidler @ Get Niche Quick –> Tim’s millionaire pledge
  147. Elisha Buffet @ Warren Buffet Wannabe –> Elisha’s millionaire pledge
  148. Gauthamy
  149. Taylor Lee @ Engineer Cents –> Taylor’s millionaire pledge
  150. Jeff @ Middle Class Success –> Jeff’s millionaire pledge

Badge Code:

Million Dollar Club

Million Dollar Club



{ 283 comments… read them below or add one }

1 J. Money February 8, 2010 at 10:42 pm

we all gotta start somewhere! both of you have now been added :)


2 moneyhandler February 9, 2010 at 5:06 am

Hey, sorry, but I had to change the site and name of my blog where my millionaire to do list is located (it WAS waking up with money) but now it's


Keep making the millions everybody! ;-)


3 Money Reasons February 13, 2010 at 1:31 am

J.Money, count me in too!!!

I used the below link as a title:

I got some REAL interesting adds come up on my side :)…

Good idea, great way to get people to focus on that goal!!! and I decided to jump in together at the same time…


4 February 13, 2010 at 4:45 am

I am in too! Here's my pledge to becoming a millionair:

I am jumping in with a buddy my buddy Don @


5 J. Money February 13, 2010 at 7:20 pm

Sweet! You guys have now been added – welcome aboard :)


6 Barbara Bryn Klare February 13, 2010 at 7:45 pm

Hey, glad to join the club. Here's the link to my blog, where I put the club badge:

–Max out Roth each year
–Covered calls in ALL my IRAs and 401(k)
–Sock away cash


7 thoughtsonthereallife February 23, 2010 at 2:10 am

I don't have a personal finance blog but I would like to be a part of the millionaire club. My millionaire to-do list is here:

Thanks for your inspiration, J. Money!


8 J. Money February 23, 2010 at 4:02 pm

Done and done! Welcome aboard my new friends :)


9 Mr. Tablet February 26, 2010 at 1:59 am

My Millionaire to do list?
– Buy an Island…
– And the Lear Jet to fly me there and take a long vacation.

Thanks for the question.


10 J. Money February 26, 2010 at 4:39 pm

You're going to buy an island and lear jet to reach a million dollars? ;) Gotta drop HOW you're going to get there my friend…


11 Ciawy February 28, 2010 at 5:03 am

J. Money,

Thanks for being an inspiration. I would like to be a part of your club. I just started my blog 2 months ago, and it's about running, finding work and saving money. My first money/savings goal is to have $12,000 on my savings account by 2012 and then go from there. I had to start somewhere, right? Of course I wouldn't stop there.
Thanks again!



12 J. Money February 28, 2010 at 5:30 pm

Damn straight :) Can't make it to a million without hitting $12k first – I think that's a most excellent goal. Welcome aboard!


13 kenyantykoon March 2, 2010 at 10:40 am

is there a billionaires club? That is what i want and when this boy reaches a billion it a wrap. i even have a way to get to it and it involves working very hard at something that i love. i think that is the first thing to making a billion(finding something that you would gladly do for free and people pay you to do it)


14 J. Money March 2, 2010 at 8:10 pm

Well, we can certainly create one. How about you tell me the secret to this business of yours and we'll do it together? ;)


15 kenyantykoon March 3, 2010 at 6:46 am

all in good time my friend, all in good time :)


16 Benjie @ Zordane March 8, 2010 at 3:50 am

Hi J, this is really exciting. And You could add me to the list, I'll post my personal list in my site. Great idea!


17 AP March 12, 2010 at 3:30 am

Okay, count me in. I am trying to save up a million to buy a particular business and I don't know if I'll still want it when I'm 40 something, but it doesn't hurt to try right?!


18 FinEngr March 14, 2010 at 8:31 pm
19 J. Money March 14, 2010 at 9:17 pm

Welcome to the club, good sir!


20 harvestwages March 17, 2010 at 11:02 am

Great todo list,
i’m getting on board now!!!


21 J. Money March 18, 2010 at 1:49 pm

Great! Let me know when your list is up and I’ll link directly to it :)


22 Matt @ Dividend Monk March 30, 2010 at 5:10 pm

Looks good. I’d like to join the list. I’ll get a post up in a day or two and post the link.


23 J. Money March 31, 2010 at 10:37 am

Great, Matt! I’ll add it up as soon as I see it :)


24 Matt @ Dividend Monk March 31, 2010 at 5:04 pm

J. Money,

I’ve written my millionaire list and have linked back to your post here.

Having some trouble with the badge, though. I’ve copied the code as presented but it just comes up with a link that says “Million and then doesn’t link to anywhere. If you have any idea what I might be missing, let me know.


25 Bank Guru April 1, 2010 at 1:17 am

Good Luck, hope you hit the million mark before 13 years!


26 J. Money April 1, 2010 at 11:05 pm

Welcome aboard Matt! GREAT list too :)


27 Budgeting in the Fun Stuff April 7, 2010 at 9:44 pm

Here’s the link to my Millionaire To Do List:

For some reason, the badge isn’t working…anyone else have any issues? I cut and paste it without the word “Copy:” (like the Yakezie badge), but I just see a red x box. I’m using Blogger…


28 J. Money April 8, 2010 at 2:55 am

Awesome!!! Thanks for joining :)

I finally figured out what was wrong w/ the code, so all the badges should work now! (they got jacked up when we converted this site from Blogger to Wordpress, oops.) Sorry about that guys, but thanks for alerting me :)


29 Budgeting in the Fun Stuff April 8, 2010 at 7:29 pm

The badge works, yay! Thanks J!


30 Moneymonk April 22, 2010 at 11:53 am

Count me in. I am doing what you are. My only weakness is dining out


31 lauren jade April 27, 2010 at 4:17 am

why would u throw it all in a 401K…???? and not a roth to begin with and second theres no way ur going to become a millionaire JUST because u do those things…..and why wouldn’t you ACTIVELY manage your money….? “maxing” out contributions won’t make you rich…do u know how FAST u would blow through $1 at age 43??? and also why not invest the money so you increase your cashflow to the point where you wouldn’t ever need any of those ira’s ? make your money work for you instead of sitting there collecting “dust” (1.8% a yr) which doesn’t even beat inflation…..


32 J. Money April 27, 2010 at 10:16 am

Hmm…I don’t think you read this post very well. You’re telling me that if I invest $40,000 every year – even if it just “collects dust” as you say (which is kind of impossible because it’s not in a savings account, the money is in mutual funds & stocks) – that there’s no way possible to become a millionaire? HAH! Even if I just put $40k in cash under my bed LOSING money over the years due to inflation I’d still become a millionaire by the time I’m old & gray.

You can’t argue against 100% 401k matching either – If your company gave you $16,500 every year to match your own $16,500 contributions, are you saying you wouldn’t take it? Where would be able to double your money quicker than that?


33 Saving Savy Pinkey April 30, 2010 at 12:00 am

Great list… I think, I will be the first Indian to join the gang.
I will plan as per Indian context i.e. Indian Rupees, Indian 401 (PF), Roth IRA (PPF)etc….


34 J. Money May 7, 2010 at 8:35 pm

AWESOME! Welcome aboard my Indian friend :) When you get your list up let me know and I’ll link back to it…in the meantime I’ll add your name.


35 Saving Savy Pinkey May 18, 2010 at 2:29 pm
36 Utbytte June 30, 2010 at 10:18 pm

Here is my list. You should maybe google translate it from Norwegian to English. It will end up as a really bad translation so I’ll just post the highlights here.

I already have some value in my stock portfolio and I expect those values will increase by 8.5% per year over the next 15 years. I expect also that I will save kr 10,000,- per month each month on average.

If I manage to get a return of 8.5% on average per year and save 10,000 per month I will have kr 6,533,685,- in 15 years. kr 6,533,685 equals a little more than one million dollar.


37 J. Money July 2, 2010 at 3:03 pm

Norwegian – nice! Welcome to your journey to Financial Freedom!!!


38 Meghan July 4, 2010 at 10:25 pm

J. Money,

I just wanted to ask if you’d update my info above. I finally switched over from (Thoughts on the Real Life) to with my own domain name. =) So now my millionaire to do list is at



39 J. Money July 5, 2010 at 12:55 am

Done! Congrats on the WP switch :)


40 Darren July 10, 2010 at 7:24 pm

Thanks again for including me. The empire is growing!


41 Invest It Wisely July 20, 2010 at 3:05 pm

“All I want is the ABILITY to retire happily with no concerns about money at all. And I’m pretty damn sure being a millionaire would cover that ;)”

That’s the dream! :)


42 J. Money July 20, 2010 at 3:49 pm

Yeah, a dream come true one day!


43 myfinancialobjectives July 21, 2010 at 8:56 pm

Just posted my list! Indeed a dream come true someday sooner than later!


44 Jeff July 27, 2010 at 1:02 pm

J. Money,

This is my first time evaluating this blog and I am impressed. I was reading DINK articles online and I thought I would comment about your Million Dollar plan. I think the biggest things you can do to reach this goal are #1) Invest in a variety of different products to diversity risk, and do it automatically #2) Cut back on materialism.

Here is my plan w/6 different buckets:

1) Roth IRA – automatic W/D of $100.Month: Projected $200,000 return
2) Whole Life Insurance, guaranteed 3% minimum return and I pay $135/month for the rest of my life. If stopped funding at 60, I can collecte a credit of $115,000 minimum
3) 401K – Currently taking 5% salary and have a 4% match, aggressive investments targeted. Projected $200,000 by retirement
4) Automatic W/D into Savings – ING Direct pays interest on this money and it is my most liquid asset. KLimiting to $50,000
5) Misc. Stocks and investments: Projected $100,000
6) Assets: Value of the things I own which can be sold: Cars, Cutco Knives, Out of Print Albums, Trading Cards, etc. Estimated $100,000

Finally, if those 6 buckets of retirment planning are not enough, I do plan on collecting at least 75% of what I pay into social security, as well as receiving misc. inheritance valued at around $50-100K.

This adds up to around $1 Million and all of these buckets are in place right now at age 25. What are your thoughts?


45 Ashley Jacobs August 12, 2010 at 1:59 pm

Hey J.!

Here is the link to my Millionaire To-Do List:


The badge for the club shows up at the bottom of each page of Cash Flow Sherpas!

Please add me to the list! I’m excited to be part of the club!



46 FrugalGuy August 20, 2010 at 4:16 pm

Hey J. Money! Count me in! I have pulled together my millionaire to-do list. Here is the link to my post which includes the badge. Please add me to the list!

{broken link}



47 J. Money August 20, 2010 at 9:47 pm

@Jeff – I think you are a very detailed man! And that’s great :) I don’t know about the Whole Life Insurance part, but the rest I say Amen brotha. It’s all about having that plan and making it a habit! You are now a club member!

And same with you guys too Ashley Jacobs and FrugalGuy! Welcome aboard!


48 Anthony @ DYL August 26, 2010 at 4:46 pm


I’m in, too! Add me to your all-star list!


49 J. Money August 27, 2010 at 12:13 am

Lucky #50 :)


50 MoneyMan September 6, 2010 at 2:49 pm

Hey J.
Great Idea, Count me in! My milionaire list is located at


51 J. Money September 6, 2010 at 3:50 pm

You’re now up there! Like how you kept in mind that your #’s are based only one what you’re bringing in today too. Imagine if/when you start making more as the years go by? You will reach that $1mil mark MUCH faster :) Keep it up!


52 Wendy P. September 8, 2010 at 9:17 pm

My Millionaire to do list -

1. Save $25,000 by end of year 2011
2. Increase my annual income by $50,000 by going back to school and getting additional certifications (by getting promoted or landing a better paying job) and selling merchandise online, at flea markets etc.
3. Max out my IRA
4. Invest an additional $1,000 in the stock market


53 Bobby September 12, 2010 at 9:27 am

Being Canadian, it’s a little bit different, but my goal is a cool million by the time I’m 55 (the earliest I can retire at my current employer).

I just started a few months ago and I just had a birthday so it’s easier to calculate, if I keep up with the current savings, I’ll have just over a million by the time I turn 55 and that’s with a 6% return.

Future raises and bonuses will only make it happen sooner.


54 Stu @ Pennywise2Pennyworth September 16, 2010 at 12:31 am

Hey J. Money! This is a great idea. Add me to the millionaire club,
Here is a link to my Millionaire-to-do list:

Thanks and good luck to everyone on the list!


55 J. Money September 19, 2010 at 10:31 pm

Glad to see more people excited about this!! Adding you all to the list now – keep it up :)


56 FinEngr September 20, 2010 at 1:25 am

Need to update the list to include the wifey. Added the badge back on my site, down under the memberships area.


57 Ginger September 27, 2010 at 5:08 pm

I would like to join.


58 Ginger September 27, 2010 at 7:14 pm
59 Jonha @ Happiness October 5, 2010 at 8:53 pm

Hi J!

Ok so I promise that when I get home I will create a pledge that I will be a millionaire on this particular date and how would I be able to reach that rich goal. You are making budgeting and saving sexy indeed!


60 Nev October 11, 2010 at 3:24 pm

Stick with it. Just for some motivation, I started in 1996 with relatively nothing to my name, I was always a saver, but would buy stuff that would deplete savings. By 1998 I decided to start contributions to my 401k and get the 3% company match. At that time bad plan with 5% loads getting in an out of funds.

By 2002 I was doing Roth for myself and my wife and moved to an employer that allowed contributions to vanguard no loads. I continued the maximum 401k contributions and got a 3% match as well. I was really starting to roll. I have a nice 60/40 split on stocks and bonds.

By 2005 I was out on my own doing contracting pulling in mid 150k a year. I put in the max 401k contributions and did 25% match as per the IRS rules. This really started the cash pilling in. At the same time I was living just like I had been when I earned 75k a year. My thoughts were that the Government, FICA and State taxes are getting a chunk of my money, I should at least be putting away that much in savings myself. And thats what I continued to do. Thanks to the downturn in the economy and subsequent stock market crash I watched the dow plunge to 7500. At that point I started selling off my Bond fund in $2500 chunks and reinvesting back into the s&p 500 vanguard fund. I set up a sell bond fund every 2 days and bought directly s&p500. (note I am now 38 years old and figured I didn’t need bonds yet). This proved to be a great Market Timing move in that I saw bargain so I went shopping.

Anyway here we are in 2010 and my networth is over $800,000. None of this came from Real Estate or my home that I am now currently living in that is worth about 75k less than when I purchased in 2006. Anyway that is my story, I have just saved every penny I could kept a solid gameplan in the s&p500 and it has paid off very well for me. At the start of 2010 I rebalance my portfolio to pick up a world wide strategy. I have 4 vanguard funds now as follows in fairly even amounts. 1. Total Stock Market Index, 2. Total International Market Index, 3. Vanguard High Yield, 4. Vanguard Total REIT index.

So keep at it people, this does work but it takes many years to pull off and see significant results. Given I have been doing this now for 12 years even if we have little to no appreciation in the stock market I should still make 1.6 milllion in another 12 years thanks to dividends being reinvested (REIT at purchase was paying 4.8% and High Yield a little over 3%). If I have a nominal 7% return I should be 1.8 million and that should be doable given. Add to that, I am still managing to put around 38k a year away in 401k, IRA’s and Savings I should be at the 2 million mark with ease.

I estimate I will need 3.3 million to keep the same standard of living I have today, of-course without all the costs of working I am sure I could get by on a bunch less. If I am still working at age 55 (maybe we will have a massive stock market run and I will cash out) I plan on diversifying into the Buckets of Money strategy. This strategy basically pulls off 8-10 years worth of money into a safe cash type bucket allowing the rest to ride in the stock market to give you great gains. Given I would have 10 years before retiring at 65 and leave the bulk of my money invested in stocks that would give a nice 20 year time period for my portfolio to replenish itself. At that time now 75 I could rebalance again taking out another 10 years of cash for living and letting the rest ride until 85.

Anyway enough ramblings, Just save until it hurts and then save a little more and you will have massive amounts of cash sitting to last you in your retirement years. If I could tell everybody one thing, it is save 25% of your income and never ever buy stuff on credit. (well a house is maybe ok)


61 J. Money October 14, 2010 at 12:30 pm

Love the way you think, brotha! Saving till it hurts while young is DEF the way to go :) Very impressive numbers you’re getting up there too! Thanks for sharing with us!


62 Will October 30, 2010 at 5:25 am
63 Brian November 2, 2010 at 12:20 am

Definitely inspiring; I better get the wheels turning on this one!


64 Marianne November 3, 2010 at 4:20 pm

Hi, please sign me up! This is the link to my website, as well as the description of how I plan on making my millions:

1. Pay off all liabilities by July 31st 2011 (my car loan, remaining balance approx. $13,000)
2. Save up, buy a Triplex by November 2012
3. Continue to max out my RRSP contribution and TFSA.
4. Reel in my spending and make sure I only spend less than 75% of what I earn
5. Find a side hobby that I’m passionate about and that is lucrative (aka, finally write a novel, which I have been aching to do since puberty).


65 J. Money November 7, 2010 at 1:06 pm

Welcome aboard! Great lists to work on :)


66 John November 9, 2010 at 12:49 pm

J. Money,
Could you get me a job where you work? I’d love to have a 100% match all the way up to max contribution.


67 J. Money November 9, 2010 at 10:44 pm

Hah! It seems I haven’t updated this in a bit…. work no longer offers any of these sexy benefits (more info here). We’re pretty much your run of the mill company now… b-o-r-i-n-g….


68 Chris Parsons December 6, 2010 at 7:57 pm

Hey J. Money I’ve joined the club! You can see my post here:

I plan to be a millionaire by age 40. My plan is quite simple – grow my income by 10% per year, while keeping my expenses low – not allowing them to grow at above 5% per year.


69 Divas With Cents January 1, 2011 at 1:41 pm

Put me on the list! I smell a million!! :o)


70 J. Money January 1, 2011 at 9:59 pm

Added ya up! When you’re post goes live give me a shout and I’ll link back :) Great way to start the new year!


71 Jack Crown January 6, 2011 at 12:25 pm

Here is my plan on how to become a U.S. dollar millionaire.

I see look away from inflation and only counts when it will stand a million dollars on my account.

This is based on the values of my stock portfolio as of now and I expect that values will rise by 8.5% each year. I also expect that I will save at least 1,500 $ each month.

If I manage to get a return of 8.5% on average each year and save 1,500 each month I will have about $ 1,090,000 in 15 years from now.


72 Barbara Bryn Klare January 6, 2011 at 4:16 pm

I joined a while back but I moved my blog: it’s now here: upsideofmoney .com. Baby steps, it seems, really do add up. I’m halfway to the goal. Oh yeah!


73 J. Money January 6, 2011 at 4:24 pm

Updated! congrats :)


74 Bigchrisb January 25, 2011 at 10:18 pm

I’ve decided to join the crowd, and make my own millionaire pledge ( I’m already past $600,000, so don’t have too far to go. Until I achieve this goal, I pledge to:
1. Pay off my business loan by Feb 2012 (~$4,000/month)
2. Contribute the maximum ($25,000/yr) to my superannuation fund
3. Pay all dividends from listed investments onto my margin loan
4. Pay the dividend component of my pay ($2,700/month after tax) either into my margin loan, or into my investment company.
5. Pay all periodic profit dividends from my employer into my investment company.

Doing this, without any return on investment, I will be a millionaire by January 2014, or three years time. If my investments return as expected (5% capital gain on listed stocks, 12% on private company), I will be a millionaire by October 2012. Check back and see if I can do it!


75 Catherine January 26, 2011 at 12:30 pm

I’ve joined! :)


76 Eric January 27, 2011 at 11:23 am
77 Jamie February 2, 2011 at 8:07 pm

So cool. I’m in!


78 Jon the Saver February 15, 2011 at 11:48 pm

Please add me to the list J. Money! Here’s my link to my millionaire list-

Hope you enjoy the read. My blog has been up for a couple months and excited for where it goes from here. Love your blog, I’m an avid reader. Thanks!


79 J. Money February 16, 2011 at 5:37 pm

Welcome aboard, guys!


80 Jon the Saver February 16, 2011 at 5:51 pm

Thanks for the add J. Money! I’m looking forward to getting more involved in the financial blog community and talking money with you! Feels good to be part of the millionaire lub. Keep it real brotha.


81 J. Money February 16, 2011 at 5:53 pm

No doubt my man — we’re a happy ol’ family here ;)


82 Paul Gebel February 27, 2011 at 8:37 pm

J$ – Found you through Love Drop first, and have been perusing the site for the past hour. The MDC badge is up on my site. Keep fighting the good fight!


83 J. Money February 28, 2011 at 7:55 pm

Nice! Thx for stopping by brotha – you have been added to the list :)


84 Jamie J March 1, 2011 at 1:36 pm
85 Rob. T. T March 6, 2011 at 3:32 pm

I would like to join the Million Dollar Club. I am a fairly recent college graduate and did very well in school. My degree is a Bachelor of Science in Business Administration. There are two things which will help illustrate the financial difficulty that I’ve been having since graduation. The first, I’ve been homeless for nine out of the past 12 months in two different cities. The second, the best job that I’ve gotten since graduation paid 8.00 dollars an hour. which is only 75 cents above minimum wage. This makes it next to impossible to get ahead, save and invest. I’m not lazy as indicated by the 800 plus applications that I’ve submitted since graduation. My criminal record is clean I’ve never even had so much as a speeding ticket. In spite of all of these difficulties I would like to sign on to see if I could get some inspiration or ideas from the other million dollar club members. As it stands right now I have a negative monthly income so that is my starting point.


86 J. Money March 6, 2011 at 9:55 pm

Wow, GOOD FOR YOU man! That is incredible. We welcome you aboard with open arms, sir! :) Click around the other members’ links to see how they’re workin’ towards it. Lots of great ideas flowing, I wish you nothing but success!


87 Angie March 14, 2011 at 4:32 pm

I’ve got no blog or website of my own, but I’m totally on board with becoming a millionaire! Our ultimate goal is 3 million. If our net worth grows by only 10% per year, we’ll hit it before I turn 50. I expect that my hubby can retire when I’m 61. Ugh – that seems a long time away (I’m only 35 now). I’m doing this by investing in our Roth 401k, getting it matched in our traditional 401k, paying off our rental and our home, investing in more real estate (after we pay off what we own now) as well as the stock market and basically just living beneath our means.
Our plan isn’t very sexy, but even after our house value tanked (lost over 1/3 of it’s value since we bought it) and the stock market has been going through it’s roller coaster ride, we’ve still managed to accumulate almost 300k. So I’m ok with being un-sexy :)


88 J. Money March 19, 2011 at 10:08 pm

Hell yeah girl! Rock it!


89 Dani @ OK, Dani March 30, 2011 at 2:11 pm

So i calculated and it’s going to take me fiftyeleven* years to get to millionaire status :(
But i’m going to plug along until I get there! I posted my loose plan at my personal blog:

Wish me luck!


*fiftyeleven means a bajillion…basically


90 J. Money March 30, 2011 at 6:31 pm

hahaha… fiftyeleven is my new fave word ;) welcome to the club!


91 Nitza Pizza April 11, 2011 at 6:21 pm

I know I am arriving pretty late to the party, but here’s my list:

Now if I can just figure out how to make the badges work!


92 Brian April 13, 2011 at 9:59 am
93 J. Money April 13, 2011 at 11:03 am

Nice to meet y’all! You’re now official members ;)


94 Aspiring Millionaire May 10, 2011 at 7:43 pm

Better late than never I guess! lol. I only just stumbled across this, but have posted my plan here

When I started my blog the aim was to become a millionaire (not from my blog, lol). I just got sick of surviving pay check to pay check and decided there was no reason I can’t be a millionaire, so set out to do so.


95 J. Money May 11, 2011 at 5:27 pm

Haha nice! And so true :) Adding ya up now — welcome to the club!


96 Amy Lou May 18, 2011 at 2:22 pm

My plan is to be wealthy enough that I don’t have to work. The cash flow from my investments will pay for my monthly expenses. Right now, I’m one single 32 year old person on a small salary with a little bit of debt. I’ve got my work cut out for me! I’ve always known that there was a better way to live than paycheck to paycheck, and it astounds me that there are people who make $100K plus per year and are broke because they blow right through it. The don’t realize that they could comfortably live on a portion of their yearly salary and use the rest the money to make more money. Duh!


97 J. Money May 18, 2011 at 3:34 pm

YUP! A lot of people who make $30k have more in savings than those making $100k+ cuz of lifestyle choices. Though one lifestyle isn’t better than another’s, it just depend on our OWN preference and what you want out of life. I’d like the income stream from my investments just like you ;) And if we focus on that and work our a$$es off, we’ll make it happen!


98 Nicole Couloute June 12, 2011 at 1:39 pm

Love your website. Also, I love the “budgets are sexy certificate” I got for signing up for your newsletter. I have it right above my desk where my laptop is so that I can always remember to save and that budgets are sexy. I created a millionaire list and it is at


99 J. Money June 12, 2011 at 3:40 pm

Hah! Love it!! :) Going now to check out your list and then adding you up…. well done, my new friend!!


100 Kelsey Horner June 22, 2011 at 7:55 pm

I’m joining the Million Dollar Club!


101 J. Money June 23, 2011 at 7:13 pm

Cool! Just read your post – You can dooo it!!! It all starts with a plan, baby, and now you’ve got one :)


102 Nicole Couloute June 28, 2011 at 9:17 am

Hi J. Money,

I edited my website’s permalinks to postname. May you please change my link above to



103 J. Money June 28, 2011 at 4:58 pm

done :)


104 Ginger July 20, 2011 at 1:35 pm

What happens if you want to update your plan? Do you make another link or just update it on your blog?


105 J. Money July 21, 2011 at 7:28 pm

Huh. That’s a good question, actually. I never thought about it before, but now that you mention it I DO need to update this as it’s been outdated now :) I’ll have to think about it for a bit, but I’ll probably end up updating *THIS* post since I like having everything in one spot. And also so I can focus and always be looking at my most current goals. Ever since working for myself 7 months ago, I’ve been on “freeze” mode until I level off here and get used to how things work. I’ll be sure to update this soon though – thanks for making me think about it!


106 kody July 28, 2011 at 2:01 am

Hey J-money! I feel privileged to have that badge on my website homepage. I can’t praise your blog enough, i love every word. I would appreciate it if i could join your million dollar club. Your badge is directly on my homepage. I put it at the top because that is how much i love your blog.. Can you please add a link pointing to my homepage that says Financial Money Tips? Thanks a lot!!


107 J. Money August 2, 2011 at 2:51 am

All set, sir! Thanks for the kind words :)


108 Kelsey H August 21, 2011 at 3:21 pm

Hey J Money, can you please update my link? Thanks! =]


109 J. Money August 23, 2011 at 1:13 pm

Of course! Adding it up now, my new friend :)


110 Steve Ryan September 20, 2011 at 4:16 pm

Hey J Money! I’ve put the badge on my new(er) blog :) I’m happy to join the millionaires club. I’ll see you in the clubhouse (hopefully) in a couple years!!

Thank you sir.


111 J. Money September 21, 2011 at 1:05 pm

Awesome! Will add you to the list my man :)


112 Jeff @mymultiplestreams September 25, 2011 at 7:59 pm

Ok J Money sir, please add me as I join you in rush mode!


113 J. Money September 26, 2011 at 12:13 am

Nice to have you on board, Jeff :)


114 T. Thema Martin September 29, 2011 at 5:26 pm

J, put me down as Millionaire #79. Your logo and information is listed in the left sidebar.


115 mtxjohn September 29, 2011 at 5:36 pm

So how is the “employer contribution” of $16,500 yearly working out? I’d like to know who you work for because I think you are misunderstanding most employers will match 3-4% of your pay max. That obvious error in your post erases your credibility. Saving money is easy-not losing sleep over how to invest and protect your capital-that is the hard part.


116 J. Money October 6, 2011 at 8:00 pm

@T. Thema Martin – Done deal! :)
@mtxjohn – Well then it’s a good thing I had it right from the beginning. The only incorrect mention here is that I no longer work for my employer anymore, so I’ll def. have to change that. As for the 100% matching of 100% contributions up to $16,500, though, that was all 100% true. I put in $16,500, I got $16,500 right back – no vesting period or anything – giving me $33,000 every year I was there. So I think the “obvious error” here was in your post, sorry. Can’t forget about those startups out there…


117 mtxjohn October 6, 2011 at 8:45 pm

Hi J. Money- I’m sorry-matching $16,500?? I simply don’t believe you. No business I’ve ever heard of does this. I’m not a kid, I’m 36 and I work for one of the biggest financial institutions in the USA. You need to add some detail here as I’m calling BS on this. PLEASE PLEASE PLEASE anyone who has this setup chime in. And tell me what company does this. The only possible scenario I can imagine this happening would be a business that was run by people who had no idea how matching works…or if you made like $500,000 a year.


118 J. Money October 6, 2011 at 8:51 pm

Or if you work for a startup making millions of dollars and whose CEO really wants to keep their employees. Which they did, until they went bankrupt and are no longer around. Because they were bad managing their money (and giving us sweet deals, I imagine). It doesn’t matter whether you believe me or not cuz I can clearly see the money in my bank :) This post is made to help motivate people to become millionaires – with whatever options they have available to them. If people don’t trust me, they won’t join us – that’s fine. This site isn’t for everyone.


119 mtxjohn October 6, 2011 at 9:19 pm

Hi J Money-no, that makes sense. It makes me want to throw myself in front of a train-but it makes sense. Thank you for your help.


120 J. Money October 6, 2011 at 9:29 pm

Sure :) But keep this in mind — the start up went under. If I didn’t save all my pennies I’d have been in trouble when I got laid off. So sometimes more “normal” corporate gigs pay off in sanity over money.


121 Richard Adams December 5, 2011 at 3:45 pm

Keep up the great work, and we added a link to your site at:

We will all be millionaires soon enough!


122 J. Money December 6, 2011 at 1:29 am

Saweet, thx! If you end up writing a post on how you’ll achieve it, let us know :)


123 John December 7, 2011 at 7:37 pm

Hey J$,
I want to jump on the bandwagon and join the coolest club around. Here’s my Millionaire List   

P.S. Sorry for the copy/paste fail


124 J. Money December 9, 2011 at 12:11 am

Added up! Stick to it now, okay? :)


125 Rich Uncle El December 15, 2011 at 10:26 am

Hello J.

Please add me to the club, I listed my steps to a million and place it on my blog. Here is the link to my page-



126 J. Money December 15, 2011 at 4:16 pm

Great! Adding you up now… I liked your “Build other streams of income and make them consistent.” – I think that’s key. If you can continue doing that, and ramping it up over the years, you’ll hit your million in no time :) Keep it up!


127 Long December 22, 2011 at 11:23 am

Hi J,

I enlisted in the Million Dollar Club! My list can be found at my site:

Thanks for the inspiration! Writing it down will help me refer to the pledge in writing and keep me accountable. Not only to myself, but everyone who reads it too!


128 J. Money December 27, 2011 at 1:04 pm

Yes, exactly! Writing it down is SO GOOD for you and your goals, keep on working towards them! Gonna go add you up right now :)


129 cameron cohen January 8, 2012 at 5:48 am

hi, i am 14 years old and have been working with a network marketimg business and made about 60,000 this year , i looked up how to make a million dollars just for fun and stumbled upon this , i think what your trying to do is awesome and i would love to join your group to be a millionare before i could drive (thats the goal) so count me in !


130 J. Money January 9, 2012 at 10:25 am

Wow, haha… you’ll have to tell us what it’s like when you get there cuz you’ll be the first to reach it ;)


131 Penny January 14, 2012 at 8:06 am

$60k at 14 years old? That kid must be a killer marketer!


132 J. Money January 14, 2012 at 11:33 am

I can’t tell if he’s legit or not ;)


133 Shondell January 17, 2012 at 4:49 pm

Okay, so I just discovered this club.I love it! I am definitely on my way to million dollar status. Especially with the help of my fellow bloggers. I just paid off my mortgage and want to make sure I stay on the right track to become a millionaire. I will create my list and post it on my blog.


134 J. Money January 19, 2012 at 3:20 pm

Wowww, congrats! Paying off your mortgage is HUGE! And usually the biggest part of wealth management. Congrats!! Going to add you to the list now – you rock.


135 BE @ BusyExecutiveMoneyBlog February 9, 2012 at 12:40 pm

J Money. I’m on board the millionaire club! New post up at the busyexecutivemoneyblog.


136 J. Money February 10, 2012 at 3:40 pm

Welcome aboard! I want to hear about those 3 passive income streams too when you find them – I can always use some great ideas ;)


137 Jai February 11, 2012 at 11:53 pm

Sign me up! I’ve been thinking about blogging my journey to becoming debt free and becoming a millionaire.


138 J. Money February 13, 2012 at 9:38 am

Great! I’ll add you on it :) Be sure to send me the post if you end up starting that blog so we can add it up and keep you motivated! Good luck!


139 Obodden March 13, 2012 at 10:10 am

Add me into the club- This is an excellent idea. Great read !


140 J. Money March 14, 2012 at 10:48 am

Awesome – will do :) Let us know when you have the post written, and I’ll link back to ya too. Welcome aboard!


141 Victoria March 22, 2012 at 10:57 pm

I’ve made my list and it’s posted and I am ready to be a part of the club!! Add me on J Money :)


142 J. Money March 24, 2012 at 11:28 am

Awesome! You’re now added up my friend – thanks for linking back and for adding the badge in your sidebar :) Glad you’re excited about it!


143 Mike Collins May 11, 2012 at 9:05 am

Hey J. Money! I posted my millionaire to do list…I think its a great idea to put this in writing where you can review it and look to it for inspiration.


144 Mikayla June 14, 2012 at 3:14 am

Dang it! you found my weakness! I love lists…I love lists, listy, lists, lists…here it goes down…
But I guess there are worse lists to be on sooooo here it goes:
I pledge
1. To get out…nay CLAW out…of all of my revolving debt and never be stupid enough to get back in (I project 14 months to completion at my current sexy budget)

2. To save till it hurts every month no matter what

3. To educate myself about ways to make my money work for me (my piggy bank from when I was five is apparently not the smartest savings plan)

4. To be more tolerant of people who use your and you’re interchangeably with wild abandon… that won’t make me richer obv., but at least they’ll stop replying “your a b$#@!” just to aggravate me… I promise to start right after I holla at cameron cohen $60K
That’s it J dawg list me up!


145 J. Money June 14, 2012 at 10:05 am

You have officially been Listed! Welcome to the club, soon-to-be-debt-free!!


146 CrystalH July 4, 2012 at 8:02 am

Hi J$!!!!

Thanks for making me think about what it’ll take for me to become a millionaire!
Here is SophisticatedSpender’s Millionaire List!


147 J. Money July 4, 2012 at 4:11 pm

Awesome! Here’s to all of us accomplishing it one day! :)


148 Zach July 20, 2012 at 4:22 pm

Quick question on how to properly calculate this on the millionaire calculator:
I assume this is talking net worth and not like 1 mil in cash in accounts. So in the field for “amount i have in a taxable account”, should I put my cash accounts sum or should that be my current networth? It seems like cash account sum would not take into account my real estate values/mortgages. That being said, I’d much rather put in the cash, cause it’s way higher. ;)

Thanks, Z


149 J. Money July 24, 2012 at 3:49 pm

Haha, Cash it is then! ;) But yeah, you bring up a great point – this calculator only takes into consideration cash and stocks/investments etc and not any types of real estate or other investments that aren’t in any “accounts.” Though I suppose you can just enter these extra things in one of the sections there in the calculator if you know what the $ number is so it’ll more accurately tell you your time? (Like, just add it on top of another taxable account there and pretend it’s all mixed in). Either way though it’s great you have outside investments and a property that’s not underwater like your truly! ;)


150 Oyinda September 14, 2012 at 5:39 am

If I dont have a blog can I still join the list?

1. Find a great pension fund
2. Save at least 10% of what i earn
3. Sell or donate all unused/ unwanted items (clutter is stressful)
4. Start negotiating better deals in all purchases
5. Be consistent with work and in my other side business’
6. Only use my credit card to improve my credit score (so pay off all outstanding asap)


151 MB @ 12 Year Career September 15, 2012 at 2:52 pm

I’m in!


152 J. Money September 16, 2012 at 9:47 am

@Oyinda – Nope! Welcome aboard! 10% savings would be a great start :) Just make sure to put hard numbers down for the rest when you can so you have something to compare your results too – I find that’s pretty important and helps you stay on track more.
@MB @ 12 Year Career – Oh man, if you can increase passive income to 50%?? Wow. That would be hot!! The gift that keeps on giving!! :)


153 Mike Collins September 21, 2012 at 7:50 am
154 justpayitoff October 9, 2012 at 6:28 pm

am i too late? im still starting out and i want to join!


155 J. Money October 10, 2012 at 10:30 am

Welcome aboard guys! It’s nice to be surrounded by more future millionaires :)


156 Debtzilla October 17, 2012 at 2:36 pm

Hey J, I’d like to get in on this, especially in the top 100. And I’d be curious if you plan to update the list WHEN someone hits their first million.

here’s a link to my list




157 J. Money October 19, 2012 at 6:08 pm

It’s never too late! Welcome aboard, my new friend :) And sure – if people keep me updated I’d be MORE than happy to pimp them out! That would be great!!


158 Caitlin December 14, 2012 at 11:16 am

I know I am kind of late to the game but I would love to join!


159 J. Money December 17, 2012 at 1:31 pm

Cool! Would love it if you did :) Post up your millionaire to-do list on your site and then let me know and I’ll add you in! Woohoo!


160 Lena @ WhatMommyDoes December 31, 2012 at 2:59 am

My pledge is now live! Great idea to make a specific actionable list. Can’t wait to see my name on the official list.


161 J. Money December 31, 2012 at 10:36 am

Congrats! Going now to add you to the list :) Happy New Year!


162 Lena @ WhatMommyDoes January 1, 2013 at 2:16 am

Hey J! I am dying to know how you created those badges and codes for the Million Dollar Club! I need to create one for a New Year’s challenge, and I thought I had it worked out, but apparently I don’t! Does someone do this for you or do you know of a simple program/website for this?


163 J. Money January 2, 2013 at 10:48 am

Hey Lena :) I have a background in graphic design so I just did ‘em up myself. I’m sure there ARE some great templates out there though if you Google hard enough? I have some friends that do it on the side too for some money, so if it’s worth paying a little I can pass along their info to you? Just depends on how important these are to you and your budget :) Shoot me an email anytime: j @ budgets are sexy .com. Happy new year!


164 jim January 3, 2013 at 8:48 pm

I’m paying off my mortgage in 3 years. By January 1, 2016 I will be completely debt-free (barring any unforeseen catastrophes). Shortly thereafter I will be a millionaire. I’d like to join, but I don’t blog – is joining still possible?


165 J. Money January 4, 2013 at 12:08 pm

Awesome!!! Those are great goals, my friend – of course you can join :) I’ll go now and add up your name – you’ll be member #99, woohoo!

Keep fighting the good fight.


166 RevenueKing January 6, 2013 at 11:12 pm

What’s up J money! I just turned 18 in December and would like to join your million dollar club! I am not much of a blogger but would still like to join! I plan on saving every single on off my paychecks since I live at home still.


167 J. Money January 8, 2013 at 11:00 am

There you go! An excellent plan, my new friend. Welcome to the club :)


168 QueenHajar January 30, 2013 at 4:31 pm

Hi J. Money, very nice to see you have created a club for Millionaires!
Can I post your link on my Blog?

PeaceLovJoy, QueenHajar


169 J. Money January 30, 2013 at 7:41 pm

Of course – go for it! I hope you join the club too :)


170 Tarragonisntjustaspice February 24, 2013 at 10:19 am

I happened upon your site. I’m so close to paying off my car – then my plans are to. Work on both mortgages. I need to also save more in 401k as I’m in my 50′s. I’m still struggling with adding more to my 401k or paying more on my mortgages. Would love to join the club.


171 J. Money February 25, 2013 at 3:31 pm

Sounds good to me :) It’s def. hard to stay on top of this stuff 24/7, but if you keep pushing hard you’ll accomplish it all! Adding you now to our Millionaire List – welcome!


172 Jeremy @ My Financial Road April 4, 2013 at 3:08 pm

Better late than never I suppose! Sign me up J Mo!


173 Abbie Stokes April 18, 2013 at 5:23 am

A stubborn, but willing Ms. Stokes here!

Not sure if I’ll ever have the time to achieve anything like this – I’m not even sure what I should pledge.

All aboard and all that jazz…I guess!

Abi x


174 J. Money April 19, 2013 at 1:40 pm

Welcome to the club, guys! Make sure to write up a post on your list so I can link back to it and you can hopefully stay motivated! :)


175 @debtblag April 24, 2013 at 10:19 am

Ooh. This is intriguing… I’m totally in.

I imagine I’m starting in a hole that’s as deep as anyone’s out there, but I’m aggressive about climbing out


176 J. Money April 26, 2013 at 2:42 pm

Cool, I’ll add you to the list then! Make sure to hit us back w/ your to-do list once you blog about it :)


177 bigchrisb April 29, 2013 at 12:04 am

Hi J.Money,

Just a follow-up post – after making this pledge a couple of years back, I’m proud to say that I’ve achieved my million! Thanks for a bit of inspiration, and have a look at the blog ( for a run-down on how it happened.


178 J. Money April 29, 2013 at 5:33 pm

Wowwww look at you!! That is incredible! We’ll def. see if the 2nd million is easier now, haha… I’m gonna write up a new post about this club and see how everyone else is doing too – or IF they even read this blog still! :) I’ll have to announce to everyone you’re the first one to make it too – woohoo! Rock on my man, this is some most wonderful news.


179 Free Money Minute May 5, 2013 at 2:35 pm

Add my to the list J Money, I joined the Million Dollar Club. Check out my plan here ->


180 J. Money May 6, 2013 at 9:09 am

Awesome! Way to go paying off your house already, that’s really incredible. Going now to add you to the list! :)


181 Zimmy May 7, 2013 at 5:53 am

Thanks for giving me some ideas on where to start saving for my million. I will have to think about a plan before joining the club.


182 J. Money May 7, 2013 at 5:26 pm

Yeah dude, put it all down on paper and see what it looks like. You can always tweak it as time goes on – I do it every couple of years myself. In fact, I need to do it again as those above are now old!


183 Anton Ivanov | Dreams Cash True May 17, 2013 at 12:25 am

An awesome, inspiring project! I’m making the following pledge to join The Million Dollar Club:

> Achieve $100,000 annual income from my financial company
> Bring up my monthly investment contribution to $3,000 ($36,000 per year)
> Contribute an additional $5,000 to my emergency fund
> Continue growing and improving my equity and real estate investment portfolios

I have also just wrote about my pledge on my website:


184 J. Money May 20, 2013 at 10:59 pm

Damn, son – that sounds great!


185 Paul May 20, 2013 at 9:59 am

My current estimated net worth is approximately $193,000. I am following Dave Ramsey’s Baby Steps and currently working on Step 2, getting rid of all debt except the mortgage. I currently own two houses and plan on selling one of them this year, which should allow me to pay off my debt and give me a good head start on Step 3, a 3-6 month emergency fund. I should be able to start saving in earnest in 2014. I am currently going a little against Dave’s advice and investing 5% of my gross income from my main job, but I do get a 2-for-1 match! Selling that house will reduce my net worth by about $30K, but I really hate trying to manage a rental property from over 1000 miles away. Once I complete Baby Step 3 I pledge to do the following:

1. Invest 15% of my gross income
2. Continue living with our means

I used Dave’s calculator and estimate I will be a millionaire in 2029, using a conservative 6% return rate. I’m not saying how old I’ll be then, but I will not have reached retirement age ;)


186 J. Money May 20, 2013 at 10:58 pm

Awesome plan!! I like that you’re going against some of his stuff too, haha, but seems like it makes sense :) Welcome to the club!


187 Alex May 20, 2013 at 11:40 pm

Dang, I need to get a website like all the other studs up there. In any case, I want in. I hereby swear to CRUSH the following goals:

1. Demolish all student debt (technically accomplished, but a significant past effort no less)
2. Max out 401Ks and Roths for both myself and the wifey every year
3. Move to a more affordable location (not LA) within 3 years and purchase 2 properties.
4. Cut expenses so that at least 50% of after tax income is saved/invested.

My conservative excel file says 10 years, but I’m hoping for better results. Time to get to work on #4!


188 J. Money May 21, 2013 at 3:11 pm

You can be 80% studly at least for now since you have that list ;) And a great one it is – esp #2 (retirement accounts are my favorite). It also helps blogging it out to the world to see and hold you accountable, so do let us know if you ever start one and I’ll help promote it. Maybe it’ll randomly become your full-time job one day too?


189 Leona June 17, 2013 at 12:28 pm

Hi J,

Love the post! My list include:
-Pay down my mortgage (something extra on the principal every month)
- Increase stock portfolio (just started a separate investment account)
- Find ways to increase emergency fund (just started last month)
I’ve started a new blog in April about becoming financially free through investing, working and exploring passive and portfolio income. Please add me to your list and check out my blog at


190 J. Money June 18, 2013 at 9:29 am

Congrats! I hope the blog (and your money) continues to grow and make you happy :) They’re two of my fave things!


191 Anne June 26, 2013 at 10:21 am

Hi J. Money, could you please add me to the list? I’m starting out early (I’m in my early 20s) but want to commit to this. I’ve just started my career in the UK, and am in a good starting position with no student debt. My steps are:

1. Take advantage of my full Cash and stocks and shares ISA allowance annually (£11,520+);
2. Use the first £25k of those savings as the deposit on a house so that I can stop paying dead money toward rent (goal: to purchase 2/3 years from now);
3. After my house purchase, I will continue to invest a quarter of my income (my portfolio will be focused on ETFs, income funds, and some shares in bluechips while the market is down);
4. Look to pick up a rental property 2/3 years after I purchase my home;
5. Continue to contribute 5% of my income to my pension (employer meets it with another 5%) and then re-assess when I hit the higher tax bracket;
6. Re-assess my income against the market for my role every two years to ensure that I am not becoming complacent;
7. Visit a tax advisor to ensure that I am organizing my finances as efficient as possible in 5 years (when it will be more useful to me.).

I want to achieve this before I turn 35!


192 J. Money June 26, 2013 at 12:49 pm

Nice! Geez, you’ve really put a ton of thought in this – I’m impressed :) Congrats on the start of your new career too – so exciting! Welcome aboard the club, new member!


193 EJ August 14, 2013 at 10:02 am

Hi J Money I read recently about a group of bloggers all with the same goals ( eg to make a tonne of money) all write a post outlining each others articles month to month. Eg if i were in a group of ten, one week I would share the links to all the weeks post from my group on my page to engage my regular readers, and the next week another member of the group would do it for their readers to help bring more readers to each others pages and help each other to reach their goals. Do you know of anything like this or are you potentially able to run something like this? Maybe of people in the “millionaires club” and we can potentially have regular emails/updates on what everyone is doing to achieve their goals? (or maybe i have missed some other information and this is already happening somewhere. I can see we have some updates but it would be great to have it a bit more personal?) I want to learn from other bloggers etc but find that some people I follow aren’t as interactive as yourself so it would be great to get involved in a group of people that all share the same goals and can help each other out. Thoughts? Also any tips on writing my millionaire club pledge? I feel like mine is too simple, eg eliminate loan, eliminate mortgage, enter competitions, successful blogger, etc etc.


194 J. Money August 14, 2013 at 11:01 am

Hi friend :) I honestly think that’s a great idea, just don’t have the time over here to put it together and run with it. Maybe you can start it and reach out to some folks and gauge their interest? Having a place everyone can go for support and motivation is always great – especially the more engaging it is.

As for your own millionaire club list, my best advice is to be as detailed about the numbers as possible. Example: instead of saying “I’ll save more” put down, ‘I’ll save $100 a month” or whatever it is. So you can track it and hold yourself more accountable. It’ll be lower early on, but as time goes on you can adjust and edit the list. And of course still have some more vague ones too if you want. Pretty much whatever gets you to stick to it and work on things :)


195 EJ August 14, 2013 at 10:06 am

Anne, how on earth did you get so level headed in your early 20s?


196 Christine @ ThePursuitofGreen August 22, 2013 at 12:52 am

Woohoo! Can I join the future millionaire club?

My little list here:P


197 J. Money August 23, 2013 at 9:39 am

Added up!


198 Anon Lawyer September 13, 2013 at 2:11 am

Number 40 checking in — we just hit $1M! Three years ahead of schedule!


199 J. Money September 13, 2013 at 4:20 pm

WAY TO GO!!! You’re Millionaire #2 on the list who’s made it now – you’ve been upgraded from #40! Haha… Really really good stuff my friend, it inspires all of us :) If you ever want to post about how you made it there, you’ve got an open spot!


200 Kim@Eyesonthedollar October 21, 2013 at 11:26 pm

I’m joining the club and giving us 6 years to millionaire!


201 J. Money October 23, 2013 at 11:20 am

Welcome aboard, my friend! It was a pleasure meeting you in person too last week :)


202 James October 28, 2013 at 10:53 pm

J – just wanted to toot the horn a little bit here. The wife and I broke the millionaire mark. Thanks for all the inspiration!


203 J. Money October 29, 2013 at 10:13 am

Awesome man!! You were the very 1st member of the Millionaire Club too! Haha… so cool!! I’m gonna have to blog an update on this to congratulate everyone – you guys are killing it!


204 Mel November 2, 2013 at 5:30 pm

I am totally up for this. The CNN calculator just informed me I will be 70 when I hit the millionaire mark… that totally seems like a number I can knock down. My final student loan check is going out in two weeks, so I need a new goal anyway.


205 J. Money November 3, 2013 at 12:10 pm

Awesome!! Congrats on sending in the final payment – that’s great :) I’ll go and add you to the list of members now, and then whenever you add up a blog post about it I’ll add that in as well.

Welcome to the club!


206 Izzye G November 11, 2013 at 4:19 pm

Love this website thank you!! Can you please add me to the Millionaire’s club!!!



207 J. Money November 11, 2013 at 4:57 pm

You’re now a member – congrats! :)


208 Deacon November 19, 2013 at 2:52 pm

I love the idea of helping people make their goals public as it is a great source of accountability to make them happen. Our strategy is to pay off our current mortgage on our condo, turn it into a rental and buy a second house in the next five years. At the same time investing any extra cash in the stock market, primarily index funds/mutual funds. Thanks for adding me to the list!


209 S Dot November 19, 2013 at 4:36 pm

Please add me to the Millionaire’s club.


210 J. Money November 19, 2013 at 5:05 pm

You guys are now on it! Good luck!! :)


211 Fiona November 21, 2013 at 5:08 am

Am a new reader of this blog but no so new some of the member blogs..I would love to join,please add me.


212 J. Money November 21, 2013 at 7:51 pm

Welcome to the club :)


213 Kirby @ TheSimpleMoneyBlog November 24, 2013 at 5:02 pm

We’re working toward that goal too! We plan to get there with a combination of watching all of our expenses closely, saving, and investing wisely.


214 Bobby @ Making Money Fast and Slow November 25, 2013 at 7:26 am

I added my pledge here:

Please include me on your list!


215 J. Money November 26, 2013 at 1:38 pm

Great! Both of y’all are now on the list – welcome! :)


216 Kirby @ TheSimpleMoneyBlog November 26, 2013 at 6:13 pm

Woohoo! Thanks!


217 Jessi November 30, 2013 at 2:32 am

Hey J money. I would like to be added to the millionaire club :)


218 J. Money November 30, 2013 at 1:08 pm

You’re now on it too :) Happy holidays, my brotha.


219 Jessi November 30, 2013 at 9:23 pm

Hey J money, . I  want  to reach the millionaire club by playing it smart and saving as much as possible! I believe I have a good plan on how to achieve that goal.  I am 25 yrs old and I am putting as much as I can into retirement accounts.  Currently 15% into my company’s 401k and another $100 bucks per pay check.  My net worth is at 50k soon to be 55 in the beginning  next year thanks  to a nice bonus. I try  to save as much as possible each paycheck! My goal is to be at 1 million net  worth in the next 15 years. I have invested in my education  and have a bachelor’s degree in business administration and I am working extremely hard within my company to work my way up! I eventually want to be the CEO of my financial institution where I’m currently working at. Please reach out to me when you get a chance. Take care. Jessi @jessi_413


220 J. Money December 24, 2013 at 8:36 am

Awesome dude – you’re well on your way too! Especially at only 22, my word. You’re doing better than 99% of everyone else your age, so congrats :)


221 Flori December 22, 2013 at 2:45 pm

Hi J. Money,

We don’t have a blog or website, but I’d like to be added to your list. I’m 40 and my husband is 44. This can be done! I had my first kid right before my 18th birthday in 1991. That child just finished college in May 2013 (of which we paid for). So despite having some real financial obligations early in life, it’s 22-years later and we are going to have $1M net worth sometime in the next few weeks. We currently have a net worth of $979,000. Our long-time goals are:
Jan 2014 – Net worth $1M
Jan 2021 – Net worth $2.75M; house paid for and 2nd kid graduates college that year (we’ll help pay)
Jan 2030 – Net worth $5.25M; and last kid graduates college that year (we’ll help pay)
June 2034 – On my husband’s 65th birthday, we’ll retire. I’ll be 61. Our goal is to have a net worth of $6.5M.

How did we do it??? We diligently save 20% of our income and live way below our means. In our 20s, our goal was to have $100k each in retirement before we turned 30. Now our investible assets make more money for us than our annual incomes. It can be done!!!!

Great website!!!


222 J. Money December 23, 2013 at 3:18 pm

“Now our investible assets make more money for us than our annual incomes” – Wowwwww that’s incredible!! And talk about putting things in perspective! Thanks for stopping by and saying hi – have a great holiday :)


223 Franklin B January 16, 2014 at 8:21 pm

Hello J,
I achieved escapevelocity in 2002 when I paid off my mortgage for my 40th b-day. Paying it off 7 years early saved $90K of interest payments to strangers at the bank. The next month, I set up a brokerage account and automatically sent my previous mortgage amount into an Index Fund. I stopped in 2008 when I lost a decent job and the market melted down. The feeling of freedom and liberation of not having a mortgage is indescribable.

I did it the old fashioned way, documented our spending, saved 35% of net pay each year and maxed out the 401K when possible. First Million (with the house) was realized at age 44.
BTW, the $90K in interest savings funded my youngest kids college costs. 2 more tuition payments to go.
Currently working on the next million.

Value 12-31-13
Total $1,538,328
Liabilities None!


224 J. Money January 17, 2014 at 2:36 pm

Nice job, brotha! Love that you’re reaching for $2 million now too – will add you up on the list per your email to me… Then you can tell us later if reaching that 1st Mil really WAS the hardest! ;)


225 Lisa E. @ Lisa Vs. The Loans January 21, 2014 at 11:23 pm

A little late to the party, but I’m definitely joining!


226 J. Money January 23, 2014 at 11:05 am

You can never be too late – welcome aboard! Will go add you up right now :) Congrats on making an *actionable* plan!


227 Mama Breeze February 3, 2014 at 11:03 am

Hey J. Money. Love your Blog. Please feel free to add me to your Millionaire Club list. Like you we have had to make adjustments as life changes [Hence our Blog, Following Life's Breeze], but we plan on going from Bankruptcy to Millionaires in the next 5-6 years!!! Here’s to the 1st Million by 2020!

Mama Breeze


228 J. Money February 3, 2014 at 4:44 pm

Woah! That would be quite the turnaround! Will have to follow along your journey and see how you’ll be accomplishing this :) If you write a post on it and mention our Millionaire club, I’ll link to it directly above w/ the others!


229 Ginger February 21, 2014 at 4:20 pm
230 J. Money February 22, 2014 at 8:21 am

Hey Ginger! It’s been a few years, eh? Glad to see an updated list and goals over there – congrats on the new job :) Going now to update your link to your most recent one – have a great weekend!


231 Ginger February 22, 2014 at 9:05 am

Been quite a few but progress is happening, which is always a good thing. :)
Thanks for updating the link.


232 Ginger September 14, 2014 at 11:28 am

I’ve updated AGAIN and it has not been years this time! :D
We are plugging along and hopefully some day soon I’ll be able to come on here and say I achieved my goal.


233 J. Money September 15, 2014 at 12:35 pm

Haha nice! I’ll update the list w/ your new article – keep on going! :)


234 MITM February 23, 2014 at 9:57 pm

Hi J. Money. I just found your blog and am loving it. I’m on the same path to have a million by about 43. Hopefully sooner but I have a plan and am working it. I embedded your badge at

Is there anything else I need to do to get on the list?


235 J. Money February 24, 2014 at 6:17 pm

Nice! And you’ve found a way to include “naked” in your blog name too – that means we’re automatic friends now ;)

Going now to update the list – you’re a new member! Tell all your friends how cool you are now!


236 MITM February 26, 2014 at 7:43 am

Yeah, with both “Naked” and “Sexy” somewhere on your site, either you’re going A.) Get censored or B.) Get *tons* of traffic! … hopefully B!


237 J. Money February 26, 2014 at 10:42 am

Indeed… I’m always hearing of new places my site won’t show up at (gov’t buildings, libraries, haha…). But hopefully that makes people want to go see it even MORE. You know, the whole “I’m not allowed to, now I really want to do it!” type deal ;)


238 Shannon February 27, 2014 at 12:49 pm

Add me to the list! “Shannon” I am 37 years old. My husband (age 35) and I are set to have our first million in about 3 years in 2017 (if all things stay constant – savings and job stuff)! That will be actual savings, not net worth. I’m already dreaming up of how we can celebrate – privately of course. The half million mark came and went without much thought other than I just said, “Hey we’re half millionaires right now!” I find that this topic is not really something you share with friends and family. People either think you’re showing off, should be paying for their meals because you’re loaded, or just feel really badly about their own situation.


239 J. Money February 28, 2014 at 6:05 pm

Wow! Is that all in cash or also investments too? I hope all that money is hustling for you and growing it fast! Amazing work over there – you guys are on fire :)

Adding you up now – welcome to the club!


240 Shannon March 1, 2014 at 11:28 am

Thank you! That is a good chunk in investments – Roths, 401as, 403bs, 457bs and HSAs. We have two years worth of spending as couple, and found we can throw a little extra at the mortgage or start re-contributing to the 403b for tax deferring benefits. We have not decided yet what to do. Paying off the mortgage may be that pre 59.5 years of age plan we were still trying to figure out. I like your mortgage-killing plan!


241 J. Money March 4, 2014 at 5:49 pm

I like your savings/investing plan! :)


242 Mr Ikonz February 28, 2014 at 5:13 am

What an amazing idea. Very similar to the model I built when thinking about how to become a millionaire.

I’m going to construct a list myself and upload.
I know some people won’t be keen to share their net worth, but I’m happy to update mine every month!


243 J. Money February 28, 2014 at 6:06 pm

Shoot me over the link once it’s live! I’ll go and add you to the list now and then update it later once I see it :)

Here’s a net worth tracker I started last month amongst all us bloggers too – if you’d like to join it just shout:


244 No Nonsense Landlord March 15, 2014 at 2:33 pm

My goal is to have 1M by 12/31/14, in liquid investments, 401K, IRA, cash accounts. I am already well over 2M in net worth, but the 1M liquid is what I am looking for.

Sign me up!


245 J. Money March 19, 2014 at 3:32 pm

Welcome aboard, friend :) That’s a great position to be in!


246 @freepursue April 14, 2014 at 9:46 am

We’ve just made our MDC “to do” list public. Sign us up! See you on the other side J.


247 J. Money April 14, 2014 at 3:53 pm

Love it – way to be specific too, especially on those first goals :) Welcome to the club!


248 Derek Olsen June 20, 2014 at 5:14 pm
249 J. Money June 21, 2014 at 8:50 am

Yeah you are! Lovin’ your list too, esp that #13 ;)

Welcome aboard good sir! Always nice being around good company…


250 Ndy July 23, 2014 at 9:45 am

Hey J. Money. Can you please count me in? I read and follow your blogs (Budgets are Sexy and Rockstar Finance). I like this idea of joining the Millionaire club. I started from zero and I’m so determined to get to that first million. As at January, 2013, our net worth (my wife and I) was in the red (-$2,000). My first introduction to personal finance was Dave Ramsey. Since then, I’ve read so many books, joined and follow many PF bloggers like you (eg MMM). We’ve been working hard since then. This is how I intend to cross that million dollar target:
1. Live a minimalist lifestyle
2. Max my Roth IRA every year
3. Max my wife’s Roth IRA yearly
4. Invest to the possible maximum in my 401K
5. Taxable investments for extra cash
6. Save >75% of all raises in income
7. Earn high income (we’re both primary care docs, wife still in residency)
I’ll be doing all that while saving for a home down payment, beefing up our emergency fund and having some other savings buckets (car fund, vacation fund, etc)
I track our finances and net worth monthly with both Personal Capital and Mint. As at July, 2014, our net worth is now at $106,000. I anticipate it will take us another 10 years to get to that first million.
Thanks for your wonderful blogs and for keeping us inspired and motivated!


251 J. Money July 26, 2014 at 8:22 am

Wow, nice man! You guys jumped $100k in a year and a half – that’s incredible! I’ll go and add you guys to the list now – welcome aboard :)

Also, you might be interested in the site too: All about managing money and building wealth specific to doctors.

Thanks for stopping by!


252 Ndy July 28, 2014 at 10:18 pm

Yes, I follow and also follow his contributions on I’ve also read his recent book, titled after his blog. I’m all gung-ho about personal finance. I started late (at age 36) to manage my finances and contribute to retirement accounts and all. So I’m kinda trying to make up for lost time…


253 J. Money February 28, 2015 at 3:30 pm

A magnificent plan!


254 Guillaume July 28, 2014 at 2:55 pm

Hi J Money

First, great job on the various websites and blog you got. I’m a big fan. I thought I would get my feet wet and commit to this million dollar club. I am 36 years old, living with my girlfriend and our 4 year old son. We are a 1 income family (mine) , I run my own accounting and tax return business here in Canada. I make around 120,000$ after tax and I save 50% of that amount , mostly in the stock market. I am at risk of having significant fluctuations in my income (mostly down as I do not wish to work more).

My net worth is currently almost 500K, with 300K in financial assets and 175K equity in my home, for which I only have 26K left on my mortgage.

My current annual spending exlcuding mortgage payment is 48,000$. My wife is not so much a frugal person but we manage OK and compromise on certain expenses. Figured I’d need around 1.2M$ to be financially independent.

My plan is to be a millionaire in financial assets (excluding home) by 2022 (8 years). I will reach this goal by :

1) Paying off my mortgage by July 2016
2) Keep investing 60K per year and when mortgage paid off, bump to 70K.
3) Keep my Mazda 3 2008 for another 6 years. Never buy a new car again and pay cash for next one.
4) Track all my expenses with and stay within budget
5) any extra income is invested.
6) Remain a balanced individual and spend lots of time with girlfriend and family and travel with them once a year for 1 month.

Retire at age 45 , except for occasional work during tax season that is not too stressful and is very well paid.

I’m confident this is doable!


255 J. Money July 30, 2014 at 7:21 am

Rock on man! I guarantee it’s do-able at a 50% savings rate like that! Esp at your income and level of expenses – that’s not too shabby at all. It’s going to feel GOOOOOOD when you’re house is paid off on top, that’s incredible.

You’re now a officially a member of our club – thanks for stopping by and sharing! Love hearing others’ stories on freedom – 8 years away is pretty awesome sounding :)


256 Cody Wheeler @ Academy Success August 15, 2014 at 11:41 pm

Nice plan! I have the same car, except 3 years older. Love my Mazda 3. Just hit 123k and she’s still going strong. I’m hoping to get another 5 years out of her at least.

Love your strategy man. Keep up the great work.


257 Cody Wheeler @ Academy Success August 15, 2014 at 11:39 pm

Yo Jay. Here’s my Million Dollar Club pledge. Let me know if I’m worthy enough to be a part of the action ;)


258 J. Money August 19, 2014 at 1:49 pm

You’re now on the list, brotha! Time to rock n’ roll!


259 Single Dad Living October 27, 2014 at 2:28 pm

I’m tracking my networth on my blog, and I’d love to be included on your list.


260 J. Money October 29, 2014 at 1:43 pm

Welcome to the club, good sir.


261 JTF December 10, 2014 at 1:08 pm

Hey J Money:

Add me to your list please! My plan is to save 90% of my after tax income and invest prudently. See my budget here- and my investment plan here- Thank you and take care.


262 J. Money December 11, 2014 at 8:58 pm

You’re on the list :) If you end up making a Millionaire Pledge, let me know and I’ll link you to it.


263 JTF December 12, 2014 at 8:37 am

Thanks, J Money. My Millionaire Pledge is essentially the same as my “rules of prudent investing”. You can link me to that page ( if you want. Also, you can track my net worth here:


264 KKH December 19, 2014 at 3:17 pm

I’m 40 years old with a net worth of 2k. Any chance I can make it?


265 J. Money December 20, 2014 at 1:09 pm

Oh, yell yeah! There’s always a chance to make it, especially if you’re only 40. Just means you gotta get started ASAP and make it a priority. AKA you have to want it bad enough ‘cuz it’ll take some work!


266 KKH December 21, 2014 at 5:58 pm

Thank you for responding Mr. J. I just need to convince my significant other of the importance.


267 J. Money December 23, 2014 at 12:22 pm

Ask him/her if he’d rather work for the rest of his life or have 24 hrs/day to do as he pleases :) It’s usually easier to stay motivated when you attach a goal/dream along w/ it.


268 Darlene December 30, 2014 at 10:41 pm

1.) Follow Dave Ramsey’s baby steps (2-4 years)
-save $1k
-debt snowball
-save for retirement
-save 6 months expenses
-max out retirements each year
2.) Learn how to invest (will do continuously during step 1 process)
3.) Save money to invest/invest it
4.) Continue to live sustainably
5.) Further career each year, own my own business
My list is not too detailed yet, but as I continue to learn and grow it will become more specific and well planned. I am halfway through baby step 1 right now.


269 J. Money January 7, 2015 at 2:49 pm

Yes! It’s a helluva start! My favorite is “max out retirement accounts each year” – that’s done amazing things for me :)


270 Teresa January 13, 2015 at 12:37 pm

Please add me to the Millionare Club

Teresa’s Millionaire Plan

Continue to followDave Ramsey’s plan to become debt free- 2 years
Pay house off- 3 years
Max out my Roth 403b- $18,000/yr
Save an additional $25,000/yr to invest
Millionaire by age 50 (7 years)


271 J. Money January 31, 2015 at 8:43 pm

Love it, Teresa! You’re now officially a member :)


272 Tim Seidler February 4, 2015 at 3:08 pm

What’s up J.Money. Just accepted your challenge. My goals set up shop over at with a link back to you. Hopefully I can be the next member to boast that I pulled it off!


273 J. Money February 7, 2015 at 9:19 am

Welcome aboard man! Interesting way to reach your million too – I like it :)


274 elisha_buffet February 26, 2015 at 8:18 pm

I would like to be a millionaire in 10 years and a billionaire in 20 to 30 years. Properties and Equities is the fastest way to that status check out my pledge at

add me on the list



275 J. Money February 28, 2015 at 3:35 pm

I hope you make it to all levels! :)

You’re now on the list.


276 Gauthamy February 27, 2015 at 8:40 am

Paid off around 7,00,000 in Consumer Debt ( Indian Rupee) . So far its been an year since i started and i paid Most of it . My last payment towards my Debt would be on April 1st ( the sum of 1,53,000 INR ) . Whoohoo ! Can’t wait to make my last payment.

I have been Tracking my Net Worth from couple of Months and its amazing to see the progress . I am glad to say that my Networth is a Positive Figure now. Yay! Thanks a lot for all your amazing posts which are so inspiring to stay on track . One of the most powerful article which changed my whole perspective about handling Money was ” how to live on 50% of your income” It really had a huge impact on our finances. :) Thanks a lot J.

PS : This is my First comment so far across all the PF blogs :)

Please add me to the Club.I know i can Do it!

Best Regards,


277 J. Money February 28, 2015 at 3:27 pm

Oh wow!!!

Congrats on how far you’ve come already and the path you’re now on – that’s great :) So glad you’re enjoying the blog too and you took the time to comments.

Please keep in touch! :)

PS: Here’s the post in reference for all those new people reading in case it helps you too:

And then here’s even more proof you can live off 50% of income:


278 Gauthamy March 8, 2015 at 8:15 am

I wasnt added to the club yet :(


279 J. Money March 9, 2015 at 12:14 pm


Up there now :)

Be sure to tell us *HOW* you’ll be reaching this million though – gotta put down the steps so you can have a good idea!


280 Taylor Lee @ Engineer Cents March 11, 2015 at 7:58 am
281 J. Money March 11, 2015 at 9:28 pm

Welcome aboard friend!


282 Jeff March 20, 2015 at 1:13 pm

I’m in! Can you please add me to the list? It’s great to see so many followers of your blog that have these financial goals. I’ve been really inspired by your website and I’m focused on the long journey to financial freedom. I’ve got a long way to go, but my sights are set and there’s no turning back for me. Here’s my plan on how I will achieve this milestone:


283 J. Money March 20, 2015 at 1:23 pm

Great list! Welcome to the club :)


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