4. GO WHERE THE MONEY IS
Your current status reflects who you associate with and what your actions are. If you are not going where the money is, how do you expect to find it in abundance? Exposure to opportunities, where more money can be earned, should not be missed. If you are not going where the money is, money won’t attract you and you’ll never attract money.
You need to invest time and energy in exploring the opportunities available for you. Many people are fascinated with the idea of starting a business because it is a place where the money is. But before you start anything, learn about the business world and the most promising investment opportunities.
You can really go far on your journey to become a millionaire before 30. Whether it’s real estate, stock market, commodities or mutual funds, take time to learn the basics. You may find it boring or dull, but learning is as important as your desire to become rich.
Once you’re ready with the knowledge you need to start or manage a business or to invest, take small steps and rest assured because it will add up over time.
Always remember the rule of being at the right place at the right time. Do not daydream, grab the opportunities available in front of you.
3. ADOPT A FRUGAL LIFESTYLE
From Warren Buffett to Mark Zuckerberg, those who have crossed one million mark in their life prefer living a frugal life. Don’t waste your money on collecting things you do not need. Think before you buy anything.
“My life couldn’t be happier. In fact, it’d be worse if I had six or eight houses. So, I have everything I need to have, and I don’t need any more,” said Warren Buffet during an interview with The Motley Fool.
There is no such scheme that makes people rich quickly. If you believe that there’s some way then you are wrong. Earning a huge amount of money in short time is hard. The chances of earning more in a very short period of time almost zero. So, instead of spending money on stupid schemes, start living a frugal life.
Sell unwanted items on eBay, Amazon, Craigslist or host an open yard sale. Rent out extra space on websites like Airbnb. If you need an office space, try to check options where you can get shared space. You should try selling or renting out the things that can bring you money.
2. CREATE A NOT-TO-DO LIST
Some people will tell you that rich people create to-do lists and some will say that they don’t. No matter whether your to-do lists are working for you or not, a not-do list will surely work. We are programmed to get instructions. From teachers to parents and mentors, our mind accepts instructions very well and passes the instructions to our organs, which in turn they obey.
Create a list of habits, distractions, or activities you don’t want throughout your journey to 1 million. From checking notifications on your phone to surfing unimportant websites, lending money to unreliable people to spending money on cigarettes, drinking and shopping, create a list of what you really don’t want and write them in the form of instructions.
You can create such lists for your daily, weekly, monthly, and yearly goals. And make sure that you refer to it at least twice or thrice in a day.
1. NEVER STOP MAKING MONEY
When you reach a milestone, no matter how small or big it is, celebrate it. Treat yourself well and start making money again. Do not stop even after crossing the 1 million mark. Aim for more and treat the process of money making as your duty. Behave and work like a millionaire. Do not ignore money, because it won’t take much time to ignore you.
Make money a priority and believe that there’s no shortage of money. The universe has plenty of ways to bring money to you. Think big enough, visualize yourself, but most importantly, be true to yourself.
If you want to make your first million before 30, go for more than just one million. If you can believe that you deserve more money and if you can manage to be fearless, reaching even a billion is possible for you.
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