Become a millionaire | Key insight: Focus on how you spend your money, not what you earn

Dear all

This post is intended for those that would like to make a million from scratch.

The credit for this reflection goes to Craig Hill whose book have helped countless people*

Imagine a person that makes $6,000/month and thus is able to spend that amount or perhaps even more by indebting themselves. Then imagine another person that makes $2,000 per month and can limit his consumption to $1,800/monthly and thus invest $200 in assets (stuff that appreciates in value). Who will be richer in 3 years if they invest well?

If you know a great type of asset class or a specific asset - please share it in the comments below :-)

All the best

Mikk N

---

*I have no affiliation with Craig Hill and the promotion is out of mere appreciation for the principles in the book.