The idea of a teenage millionaire isn't all too rare when you think of all the young people in the entertainment industry. If a kid has the indescribable "it factor" they can easily be making millions before they are even teens. What does seem to be more rare is the concept of the self-made teen millionaire. You hear all sorts of stories about a kid making a small business to make money, but this is usually to save for college; once it's time for college, the business selling cookies or an odd commodity is put on the back-burner for more stable and lucrative endeavors. Not many of these young entrepreneurs see the kind of success that leads to a million to multi-million dollar payday.
The Teen's Guide to Becoming a Millionaire
How to Become a Millionaire Online in The Ultimate Guide
Dave Ramsey is a master when it comes to making money and helping others make money as well. We wanted to share a bit of advice from Ramsey that shows very simply how starting to invest a small amount of money early in life, can yield you huge results! As Ramsey states, the key is starting the saving plan as soon as possible. Ben and Arthur were friends who grew up together. They both knew that they needed to start thinking about the future. Then, at age 26, Ben stopped putting money into his investments. When both Ben and Arthur turned 65, they decided to compare their investment accounts.
Think you can't become a millionaire? You might be surprised at the various ways you can get there. But before you get too excited, if you think becoming a millionaire means fancy cars, a lavish house, and an upscale lifestyle, think again. However, a million dollars in the bank is well worth aspiring to, and it may be more achievable than you think.
Almost every entrepreneur I know wants to become a millionaire--like Facebook's Mark Zuckerberg , Amazon's Jeff Bezos , and many others. They don't realize that achieving this dream involves far more than having a great idea and making it happen. In fact, much of the success will have nothing to do with money. In my experience, and the view of most experts, the journey has to begin with the right mindset, attitude, people skills, cash management, and other good habits. Maybe it's just me, but I seem to hear too many "great" ideas in the realm of finding the nearest bar via a smart-phone app, or a dating site for your pets.