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Jun 18, 2010 · Estimated reading time: 2 minutes. What should you do if you win $50 million? Everyone wants to win Lotto Max's multi-million dollar prize. Here's how not to blow it if you have the winning...
- Danielle Genet
- 5 min
- "Delegate one task on your to-do list to someone (or something) else. Delegate to a family member, roommate, friend or an app like TaskRabbit. Clear something off your plate.
- "Move your body. Any way you want. Take a walk. Have a dance party. Attend a yoga class.
- "Connect with your squad. Spend time (in person or online) with people who inspire you and uplift you. Even just checking in daily via group text with your besties counts.
- "Do one money-generating activity. Do something that could bring money in the door immediately or in the near future. Email a potential client, raise your prices, ask people to pay you back -- find one way to generate cash, every single day.
Set up a trust for my nieces. Speak with a tax advisor and financial advisor about options, but would like to have quite a diverse portfolio thinking both long and short term. Set up a house buying fund. Make a donation plan for a couple of chosen charities, both for immediate donations and longer term endowments.
May 24, 2022 · If you commit to multiple ideas that fit your skills on this list, you will earn $50 a day in no time and meet your income goal. Join sites that allow you to sign up for free and get money ...
- Most Millionaires Are Made, Not Born. Some folks figure that if they didn't summer in Martha's Vineyard or attend boarding school as a child, they have no chance of becoming a millionaire.
- You Don't Need a High-Powered Graduate Degree. With condolences to those with grad school debt, an advanced degree does improve your chances of higher lifetime income, but it doesn't necessarily improve your chances of joining the millionaires' club.
- Behold the Magic of Compounding. Which savings strategy will get you to $1 million in the bank by age 65, assuming 8% annualized returns: Save $200 a month starting at age 20 or $800 a month starting at 40?
- You Don't Need to Be a Stock Market Wizard. When it comes to investing, most millionaires still have a lot to learn. You don't have to study finance or memorize stock tables to make a million.
Jun 19, 2023 · Want to know how to make a million dollars? Learn millionaire investing tips that can help you reach your goals starting TODAY.
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Apr 11, 2024 · You don't need a six-figure salary or a family trust fund (although that could help). Instead, you need to start saving early, stay out of debt, and be mindful of every dollar you spend.
