5 Tips~ How To Become A Millionaire

Is there a Secret?  Or, do you just need a well thought out strategy to Becoming a Millionaire? 

Creating financial wealth is possible for anyone who is willing to put the first step forward and focus on where they are going.

Experts say that if you are disciplined to save and create a desire to do so, instead of spend, it's easier than you think to become financially free.  

You Can Become a Millionaire Here's 5 Great Tips to Becoming A Millionaire~ 

1.  Marry once.  At TheWeddingReport.com, it's states that the average wedding costs $24,000.  Therefore, to avoid a second trip down the aisle automatically saves you money.  We don't have to point out the fact that that dividing assets in a a divorce forces both parties to reduce equity.

2.  Marry the right person!  Dr. Thomas Stanley whom is co-author of , "The Millionaire Next Door", states that half of all the wives of millionaires do not work outside the home- possibly because the average millionaire has three children, but that is not everything.  It's said that wives of millionaires are often thrifty, even more so than their husbands.

3.  Married millionaires tend to live off of one income.  A great advantage of having a spouse is the potential to attract double revenues while having nearly the same living expenses.  Experts say you save a lot by using one income to cover expenses, and saving the other spouse's for emergency or retirement.

4.  Searching the right career can obviously take you down the path to a million dollars.  Hopefully you find something you enjoy because most millionaires work an average of 50 hours a week.  also benefits in choosing a career that has tremendous growth potential- at this point would be a home-based business, healthcare or technology.  Consider this;  One study found that people who are self-employed- less than 20% of the workforce- actually account for 66% of the nation's millionaires.  So consider diversifying your income by creating MULTIPLE STREAMS OF INCOME today.  Realize this; the Performance Based Economy is soon to be a thing of the past and only certain individuals are going to make it financially. 

5.  Put your money in assets that will appreciate in value.  Each year 20% of millionaires invest their earnings in the stock market and mutual funds and rarely sell.  Most millionaires do not lease or rent a car, or drive a brand new one.  Millionaires also tend to stay home in one home on average of 20 years.

Conclusion:  Avoid living paycheck to paycheck and relying on one source for your financial security.  From your house to your marriage, go with something for the long term and cine to control your financial future, not remaining vulnerable to where your fate is in the hands of someone else.  Follow these 5 Tips to Becoming a Millionaire and chances are you will come out on top financially.