AllFinancialMatters

A personal finance blog dedicated discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance.

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Saturday, July 16, 2005

How to Become a Millionaire

I saw this on the MS Money website today. It is nine stories on how various people from varoius backgrounds became millionaires:

Pretty interesting mix of stories here. Of course for those who don't have a million-dollar idea, there's always another way to become a millionaire:
  • 1. Spend less than you earn.

  • 2. Invest the difference in a stock index fund>

  • 3. Repeat steps 1 and 2 until you become a millionaire.
How's that for simple?

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