The Millionaire Mindset

101

Millionaire

Today

is a

GreaT

d ay

21 10,485.76

22 20,971.52

23 41,943.04

24 83,886.08

25 167,772.16

26 335,544.32

27 671,088.64

28 1,342,177.28

29 2,684,354.56

30 5,368,709.12

As you can see, the final figure is over 5 MILLION DOLLARS. If you settled

for the single million, you lost $4,368,709.12. A bad financial day! Notice what happens

in the last 6 days on the compound table. Time is your friend. Use it to help you Master

Money.

sTraTeGy 4-5:

live within your means.

resisT THe UrGe To sPlUrGe

Spend no more than you make on a monthly

basis. Ideally, that means live on a cash basis and

don’t use debt to provide normal living expenses.

It also means having the self-discipline to control

spending while you raise income or create solid

wealth.

“It’s difficult to save money when your

neighbors keep buying things you can’t afford.”

Anonymous

A decision is necessary to either MAKE MORE MONEY or SPEND LESS. If you

follow The Millionaire Mindset then you WILL earn more, but in the meantime, you need to

get your spending in line. Wealth is defined by the number of days you could survive your

current lifestyle without a paycheck. I call that day “D-Day.” (The day the money runs out.)

If you stopped working today, how long could you survive?

“Most people only know one solution: work hard, save and borrow.” *

Robert T. Kiyosaki

* Kiyosaki, Robert T., Rich Dad Poor Dad, (Tech Press, Inc., 1997), 104.