how to be millionaire

How to be a millionaire

You just hit 30 and planning to How to be a millionaire. Yes you have not made any worthwhile investments in your life. You have a family to feed, kids to educate, bills to pay, mortgage to pay and worst of all, debts to pay. You have no plan for the future because all your dreams have turned into nightmares. Well, this is what most of us go through but is there a way to end all this trauma and start living a meaningful life? A life where you can get anything that money can buy? Yes, it’s very possible only if you start working to accumulate more money and making wise financial decisions. Here are some of the best tips on how to be a millionaire.

  1. Work Harder….and Smarter

Success does not come easy. You need to make sacrifices and take risks. If you read about some of the top millionaires in the world, you will be shocked at the kind of extremes they had to reach so as to achieve their wealth. Start working harder today and become determined if you really want to achieve your goals.

  1. Save To Invest

Saving is not bad at all. In fact, everyone is always advised on the importance developing good saving habits saving. However, what’s the use of having a huge sum lying idle in your bank account? Invest as much as you can. After all, money generates more money!

  1. Look For Money – Don’t Wait For It To Come To You

Don’t expect to save your way up to the millionaire status. Look for opportunities that can help you fatten your bank account. Be on the look-out for emerging projects and other investments. You will be surprised to find yourself climbing up the millionaires’ ladder in no time.

  1. Avoid Bad Debts At All Times

We all know how bad debts can ruin our dear lives. Don’t borrow money to buy a new car or fund a mortgage. Don’t borrow huge sums to fund a business that you are not even sure how to start. Don’t invest in huge projects with high start-up costs; you might end up losing all your money if it fails. Debt is good when handled in the right manner. If you can’t handle them, don’t touch them.

  1. Learn From Your Past Mistake and Move on Ahead

Time waits for no one. Don’t whine about how you failed in a certain business venture and what you could have done to prevent the loss. That is crap. Stressing yourself over spit beans is time wastage. Focus on the future, learn from your mistakes and set new goals.

  1. Adapt Good Spending Habits and Budgeting Skills

Don’t expect to make you first billion when all you are good at is spending your money on non-important things in life. Why buy a fifth car when you can use that money to invest? Don’t buy something because you feel like doing so.

  1. Set Long-Term & Short –Term Goals

Short-term goals are important when you want to accomplish something within a short time. Long –term goals help you achieve long term projects. You will only achieve these goals if you actively pursue them.

  1. Don’t Surround Yourself With “Dreamless” People.

Friends, family, colleagues, and other people will try to discourage you. Expect this but don’t listen to every word they say. Remember that it’s your dream, not theirs.

  1. Get a Millionaire Mentor

If you really want to know about how to be a millionaire, you must talk to one and try to fit into his shoes. Of course, you can’t fit in them but with the advice and mentorship that you will gain, you will be able to fit in them properly.

  1. Give As Much Charity as You Possibly can

“The hand that gives receives more”. Don’t take this for granted. Bill Gates and other world’s richest people have not gotten any poorer through giving. You will also find a lot of joy in giving.

What are you waiting for? Get out there and make your first million. Don’t wait for others to tell you about how to be a millionaire, make one out of yourself!


Swash is an entrepreneur who is deeply involved in many online and offline joint ventures. Swash is also CEO of Swash Enterprises - offering online business solutions - and running a couple of different businesses.