ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel
  • »
  • Personal Finance»
  • Income & Making Money

make 1 million dollars the slow way!

Updated on January 21, 2013

Everybody and their momma

Everybody and their momma has said "I wish I had a million dollars"! But why hasn't Everybody and their momma said..."I'm going to make a million dollars"! What if I told you the only thing stopping you from making a million dollars is YOU? Because to be totally honest, it is! There is a huge difference in wishing for a million dollars and making a million dollars! If wishing for a million was an effective option then everybody would be rich. Everybody wants to be rich, including me. The bad news is, everybody wont become rich. The good news is...ANYONE can become rich!

The Smiths'

The "Smiths'" are that couple that everyone knows and most people envy. They are the couple with the perfect life, the house on the hill with the white pckett fence, 2 beautiful kids and a dog that doesn't bark. Did I mention the Mercedes Benz and the BMW parked in the garage? In this day and age it is said to say that most people want to be rich but think being rich is keeping up with the "Smiths". Reality is, either you can act like the Smiths and be in debt or you can be the "Smiths" and live the debt free rich life! There are way to many people out there TRYING to look rich instead of trying to become rich. This behavior is what has gotton America in the debt it is today (amongst other things). It needs to understood that if you live beyond your means and spend more than you make then it is safe to say YOU will never become rich! So stop keeping up with the SMITHS! We are living in a society that believes that having a GUCCI bag or a COACH purse on your shoulder bumps you up a class or two, but in actuality anyone with a paycheck and/or credit card can buy one.

Goals/Plans

With everything in life you have to have goals or you wont achieve much of anything. You have to have financial goals and a financial plan to begin the process of becoming rich. Start with YOU, what you need in your life and what you don't need in your life! You may like to eat out on your lunch break at work, is this something that is really satisfying your long term finanicail goal or is it placing a burden on it? Is taking your significant other to a dinner and movie and a mini shopping spree to top off every weekend really benefiting you and your financial goal? I'm sure they would be more than impressed if you cooked him/her a romantic candle litdinner and topped it off with a nice snuggling session in front of the T.V., and it would be easier on the wallet too.

Common sense and Kahunas

After you have cut all the fat off the meat and you have distinguished the difference between your wants and needs then you are really in position to take your goals and start tuing them into reality. I hate to be the bearer of bad news, but you will never ever become rich saving money. You have to take chances along with saving money, whether it be stocks,mutual funds, bonds whatever it may be (some are better than others) investments are the way to go. Just remember the hight the risk the higher the reward! IRAs are great and everyone should have one. As far as 401ks are concerned...You should definitely have one of those, but only contribute what your employers matches, anything more than that is a waste! You can make a boat ton of money in the stock market, but you need to do alo of homework before buying ad trading stocks or you WILL be chewed up an spit out very quickly!.

I wish I could give you a step by step process on how to become a millionaire but everyone's financial situation is unique in its own way. Becoming a millionaire is not a simple task and it will take a lot of discipline and hard work, but it is definitely achievable. If you follow some of the basic rules I have provided for you and you analyze your financial situation and goals then the sky is the limit! Oh yeah...STOP TRYING TO KEEP UP WITH THE SMITHS!

Comments

    0 of 8192 characters used
    Post Comment

    • gorilla24 profile image
      Author

      gorilla24 5 years ago

      lol i hope e so too!

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: "https://hubpages.com/privacy-policy#gdpr"

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)