Raise your hand if you’re a millionaire?
Raise your hand if you’re a wannabe millionaire?
Raise your hand if you could care less about how many millions you have? (Stop it, millennials)
When I first started this blog, all I cared about was becoming a millionaire. I didn’t know how I was going to do it exactly, or why I even wanted to be one – other than it just sounding cool! – but it was something I deeply desired and I eventually started a club around it :)
Over the years of living this stuff, however, I’ve come to the realization that while having a million dollars is in fact nice (I mean – it’s A MILLION FREAKIN’ DOLLARS!!), what’s even *nicer* is hitting financial freedom. Which could come at having a million dollars or come at having 10 million dollars (or even half a million dollars!), all depending on how much you spend – the biggest factor of all.
(Quick calculation for you: multiply your *yearly* expenses by 25 to give you a rough idea of how much you need to reach this freedom, plus or minus some G’s depending on how conservative you are)
Wherever you are on this path, though, celebrating major milestones is key so if any of you’ve crossed that elusive million dollar status as of today, congrats! We celebrate in your honor as it’s National Be A Millionaire Day – woo! A day to “think and dream about what it would be like to be a millionaire.” And one that’s also apparently shared with National Bike to Work Day and National Quiche Lorraine Day too, both of which sound a lot less exciting, haha…
But while “thinking” and “dreaming” is fine, any millionaire will tell you that *doing* is what gets the results. So if you’re keen on hitting this million dollars yourself, here are some quick ways to up your chances today:
- Stash an extra $20 aside
- Invest an extra $100 into the market
- Up your 401(k) contribution by 1%
- Sell a bunch of crap this weekend
- Earn some extra $$$ this weekend!
- Start tracking your expenses/net worth
- Pledge your Million Dollar To-Do List
Play the lottery
If you come back on Monday with just a few extra dollars in your pocket, you’ll make me one proud blogger :) And even more so if you come back this time next year and you’re one of the freshly minted millionaires we celebrate with! How cool would that be??
If you need some more motivation to get you going, or just want to put off doing more work this morning, haha, here are other millionaire-inspired posts from over the years:
- 5 Simple Ways to Become a Millionaire
- 11 Tips From My Millionaire Friend
- Why I’m Obsessed with Rich Habits
- Book Review: The Millionaire Next Door
- The Millionaire [Liar] Next Door <– this is a crazy one!
- Proof It’s Possible to Become a Millionaire
Good luck! And don’t forget that while the money is nice, there is a point to it all in the end. And it’s actually not about the money!
PS: Found this old scrap from 2008 scheming my way to a million, haha… Fortunately we’re now only 11 years from hitting it according to CNN’s millionaire calculator :)
Jay loves talking about money, collecting coins, blasting hip-hop, and hanging out with his three beautiful boys. You can check out all of his online projects at jmoney.biz. Thanks for reading the blog!