How to Make a Million Dollars?

How to make a million dollars? This question is asked all over the internet and answers range significantly. Strategies for wealth creation can sometimes be confusing and we’ve found that aggregating different opinions can help us come to a simplified solution and direction.

Here’s a list of helpful content that we’ve used to look forward and understand different perspectives and strategies for saving, investing, and generating wealth over the long-term.

10 money rules that helped me become a millionaire at 28 – CNBC

How to Grow Your Net Worth by $1+ Million in Less Than 4 Years – GoCurryCracker

7 Ways to Get to $1 Million – Money

The First Million Might Be The Easiest: How To Become A Millionaire By Age 30 – FinancialSamurai

First Million is the Hardest How to Build A Million Dollar Net Worth – FinancialPlanner LA

How to make a million dollars (advice from actual millionaires) – I Will Teach You To Be Rich

HOW I SAVED $1.25 MILLION DOLLARS IN 5 YEARS – Millennial Money

What Is the Difference Between Income and Net Worth? – Dave Ramsey

HOW DO YOU DEFINE MILLIONAIRE? – Chris Hogan

What Constitutes a Millionaire? – The Balance

Do you know of additional articles that help explain the path to saving a million dollars? Let us know in the comment section below.

Launch your Financial Independence Journey with the Real Estate Investment Toolkit

Making the decision to invest in real estate changed my life forever.  Ever since I was in high school, I was always intrigued by the opportunity that real estate could create for me.

Back in 2009, the real estate market had hit rock bottom.  Multi-unit properties were hitting the market for 25% of what they were sold for in 2006.  Either everyone was in trouble or this was a once in a lifetime buying opportunity.  I choose to jump in a take the position that this couldn’t last forever – so I went for it.

The first financial models that I built were very simple and didn’t provide a long-term view of my business.  Since then, I’ve been iterating on my model numerous times per year.  I love where it is now – the model shows me cash flow and property value projected out ten years.  The long-term view is super important for me because it’s easy to lose sight of the ultimate prize…more cash flow.

My real estate investment toolkit will give you everything you need to launch your first real estate business.

 

What is Investment Real Estate?

Investment real estate is real estate that generates income or is otherwise intended for investment purposes rather than as a primary residence. It is common for investors to own multiple pieces of real estate, one of which serves as a primary residence while the others are used to generate rental income and profits through price appreciation. The tax implications for investment real estate are often different than those for residential real estate.