It’s much easier to become a millionaire if you make over $100,000 but what about someone making an average household income (less than $50,000)? I think the majority of people believe that it’s not possible to become rich on such a small income, but it is and here’s how: Minimizing Housing Costs Instead of renting… Continue reading Getting Rich On An Average Income
Category: Wealth
Creating Investment Income Milestones Update
Last year, I decided to use milestones as a way of tracking my investment income stream progress. I’ve used milestones as a way to help focus on paying down my mortgage. The advantage of using such milestones is that it provides an extra incentive to accomplish a given goal (in this case increasing my income stream… Continue reading Creating Investment Income Milestones Update
Enhancing My Local Community, If I Were Rich
I wrote about If I Were Rich Today! almost a year ago, and while the post is still true today, my thoughts about the effects of being personally rich would affect my community. If I were rich today, I would try to make a larger impact within my community. Not necessarily for fame, but to make it… Continue reading Enhancing My Local Community, If I Were Rich
How Many Millions Does It Take to Feel Rich?
When I was a teenager, I though that it just took a million dollars to be rich. Perhaps it was back then (barely), but now according to 42% of millionaires, it take a cool 7.5 million to feel rich! I’m bummed! 10 years ago, I thought that if I were able to grow my money… Continue reading How Many Millions Does It Take to Feel Rich?