How to Become a Millionaire: The Slow and Steady Way

Here's how to become a millionaire - the slow and steady way! Invest $100 per week in a relatively safe index fund like the S&P 500 using any kind of investment account (Roth IRA, 401k, brokerage, etc). After 40 years, your $100 per week will likely be over $1,000,000. This means investing $5,200 per year, which is ~10% of the median household income (according to 2014 statistics). Want to become a millionaire faster? Invest $200 per week, and you'll be a millionaire in 30 years. Invest $300 per week, and you'll hit your goal in 25 years. You CAN teach an online course. FREE 7-step guide to starting here: https://videoschoolonline.com/ Please subscribe to the channel and leave a comment below! Video School Online: http://www.videoschoolonline.com Courses: http://courses.videoschoolonline.com/ Twitter: http://www.twitter.com/philebiner Facebook: http://www.facebook.com/videoschoolonline

Comments

1. i wasted 3 mins in this video. give back my time.
2. buy household do you mean each household or do you mean individual because if it's per household that could be more than one source of income
3. but how do I start investing?
4. What an awesome video Phil. I love the message but I am also curious from a video standpoint how you created it. Great work!
5. and how do you do the animation of your videos?
6. can you give some example of what I could invest on?
7. Save a little every week and never spend it it all adds up
8. You just need to start!