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.


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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