How To Become A Millionaire

To become a millionaire first set the goal. Eliminate all credit card debt. Start a systematic savings plan buying index mutual funds, and fixed income funds. Take advantage of your employers 401k plan and maximize it. Invest in a ROTH or traditional IRA every year. This year the limits are $5000 per person for a married couple. In other words $10,000 can grow tax deferred. Send extra money toward your mortgage principal each month. Track you expenses. Make a budget. Find a book on how other millionaires became millionaires. If all this fails marry a rich person.