What is a millionaire mindset and how do you become a millionaire? Same way you eat an elephant, one small bite at a time. If this is one of your goals (It was one of mine since I was a teenager – attaining a millionaire mindset, not the elephant eating!) then it’s time to stop wishing and start making it YOUR reality. Consider this your invitation.
In about 15 minutes you can start investing – smart, super low fee, and put it on autopilot. If you’d prefer a secure financial future to eating cat food out of tins or living in a van down by the river… here’s a simple way to start.
You can begin investing in YOU now starting with just $25/month and watch your money grow. And how about this sweet little bonus, use this link and get your first 10k managed for free – no matter if it takes you a day or years to invest that amount.
Part of having a millionaire mindset is recognizing a deal. You need to be a bargain hunter in all aspects of your life. Buy low, sell high isn’t just for the stock market – it’s for jeans, groceries, 2 for 1 movie tickets, cars, houses – you get the picture.
So if you’re currently investing in mutual funds with your bank – they are probably charging you 2-3% on your money. Yikes. Those fees eat away at your potential portfolio growth.
Financial analysts used to say that 6-8% earnings on an investment portfolio was good and would protect you for the future. Over the past few years things have changed – a lot.
Analysts now state we will be happy to see 4-5% earnings. So if we’re paying 2-3% in fees that actually leaves us making… 1-2%. Hmmmm not so great.
I’m gonna stop talking now and just encourage you – take 15 minutes and get your finances on track. Your future you will be super thankful. Your future you may even take you out for dinner! And it won’t be cat food. Unless that’s your thing. Then you can have all the cat food you want!
Don’t worry, we will not eat each other. We enjoy our hang time too much. We have agreed referencing each other for the purpose of illustrating a financial idea like adopting a millionaire mindset is totally cool though.
Having a millionaire mindset is actually a lot of work – at least at the beginning. Your road to become a millionaire will involve a lot of planning and a lot of patience. Unless you win the lottery. It takes time, effort and diligence – day after day until one day – you arrive. Then you maintain, keep practicing, keep learning and keep investing.
Putting at least some of your investing on autopilot with super low fees is a great way to start. Think of it as a commitment to the well being of future you.
It’s the first bite out of a big dream. Are you hungry enough to start?
** This is not a paid endorsement – I’m not cool enough to be a social influencer or whatever those Instagram models are called.**
This is me concerned for my friends and their future. There’s lots of great ways to invest. Wealthsimple is just one of the investment vehicles that I use and have had good experiences with so far. As always – do your research, find a place to save that makes sense for you. Whatever route you go – start now.**