How to make a million dollars
Watching TV and they had a young man who retired by 28 and was a millionaire by 30. He didn’t start a big business or make a huge salary. He had several key factors:
1) He never paid for water, and always tried to get a deal on other groceries as well.
2) He lived in NY but never bought an umbrella because you always lose it or they break.
3) He made 40k a year but saved 61% for investments. So he was living on 10k net.
4) This is not the first time I have heard this, lived off of roman noodles for 3 months or during tight months. It costs 13 cents a meal. If you eat it twice a day thats only $94.90 a year. Thats leaving beneath your means.
I think the lesson here is simple, but we often overthink. If you want to be wealthy you have to make sacrifices early on. But if you make those sacrifices early for a short time, you will have years of comfort and financial freedom. So work hard but save harder.
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