How to Become a Millionaire with $10 a Day

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Credit to Ryan's video: https://www.youtube.com/watch?v=3miXM...

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Hey Refuser! Today I'm going to be teaching you how you can become a millionaire by setting $10 a day aside for investing! I'll be showing you how the math works out and the actual tactical things you can start doing TODAY to make this happen. Go crush this! 😎👍

How to become a millionaire with $10 a Day

What if I told you right here — in one video, I’m going to show you a GUARANTEED method to turn $10/Day into $2M dollars? WITHOUT quitting your 9 to 5! WITHOUT having rich parents! WITHOUT starting your own business.

Watch this video all the way to the end. This might be one of those YouTube videos that actually changes how you look at things (like the flat earth documentary I watched…. kidding)

TWO BIG PROBLEMS:
1. Can’t Save your way to millionaire status
Save $10/day for a month = $300
Save $10/day for a year = $3,650
Save $10/day for 10 years = $36,500
Save $10/day for 100 years = $365,000
AVG SAVINGS ACCOUNT: 0.05% interest = $1,825+ on $365.5k
And that’s HIGH. Some accounts are only 0.01% interest
BUT Inflation is around 2-3% per year… So you LOSE
Simple terms: if $10k in 2019 you’ll need $10,210 in 2020 to have same amount.
… But only have $10,050 in 0.05% savings account = LOST $160!
… If that’s 100k it’s $1,600….
…. If that’s $1M that’s $16,000! PER YEAR….

STARTING TOO LATE:
We’re gonna tap into the 8Th Wonder of the world: SHOW GOLF: Power Of Compounding
HOW TO DO THIS: (DO B ROLL ON CALCULATOR)
If you save $5 a day in an account with a 10% annual return
$30,000 in 10 years,
$330,000 in 30 years
$2.3 million in 50 years.
If you save $10 a day in an account with a 8 percent annual return
$52,000 in 10 years
$413,000 in 30 years
$2.1M in 50 years

What To Invest In?
ONLY question now is how to get 8% ROI
I encourage you to do own research
Hopefully this video opened your eyes, remember these 3 things:
1. START NOW
2. SHOOT FOR AT LEAST 8% AVG ROI ANNUAL
3. PLAY THE LONG GAME

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Courses That Crush (Online Courses)
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DISCLAIMERS:

Please always check with a professional before making any moves with your money. These videos are for educational purposes only. No official financial advice is being given. Never listen to anyone online who tells you to not check with a professional!

Affiliate Disclaimer: This description contains affiliate links. If you decide to purchase a product through one of them, I receive a small commission at no cost to you.

p.s. start your comment w/ "Refusing to Settle!" if you see this :)

How to Become a Millionaire with $10 a Day clark kegley drummer
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Education	Upload TimePublished on 6 May 2019

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Thứ Hai, 13 tháng 1, 2020

How to Become a Millionaire with $10 a Day