Do you dream of becoming a billionaire like Kylie Jenner? Well, you need to become a millionaire first. We cover 11 common financial mistakes that will keep most people from ever becoming a millionaire. Read here to find out how many of these costly blunders you are making, and how to overcome them.
If Kylie Jenner can become a billionaire, what is your excuse for not being on track to be a millionaire? If Kylie Jenner can become the world’s youngest “self-made” billionaire at 21, surely the rest of us can manage to become mere millionaires
You may feel safe, stuffing your life saving under the mattress but you are losing money each and every day after inflation eats away at your purchasing power. If you want to achieve and maintain financial independence, you will need the help of compounding interest via some type of investing. The saying is true; a penny saved is worth more than a penny earned. Remember, you don’t have to pay taxes on a penny saved.Stop procrastinating; there will never be a better day to start saving than today. Even if you can only save a tiny amount, you will be better off than if you never started at all. I bet you will be surprised how you don’t even miss the money you are socking away.
While good debt like a mortgage or arguably student loans can help you build wealth over time. Consumer debt – will likely be a. Alternatively, for that matter building substantial wealth over time. Take the time and spend the money to ensure you are getting all of the necessary screening and physical exams that your health care professionals recommend. If you don’t have a primary physician, get one. Look to exercise and increase the health value of the food you consume. I am aware that real food will cost more than junk food, but this is the one area I almost always advocate for people to spend more on.
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