Making a Million Before You're 30

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It all comes down to..."how bad do you want it". My advice for anyone who wants to get ahead but doesn't have the skill or talent needed, is: to work full time while you are living in a shelter,eating free food, or even living off your part time job and investing your full time income(I call this the Jay Leno technique,since jay lives off the income from his Vegas shows and doesn't touch any of his tonight show money)...This system works.You pay the price but you start getting RICH! My advice is that if anyone follows this route(living in shelters and eating free meals in missions while investing all of their full time working income) then I would suggest that you keep mum about it.No one should know for this system to work,not your friends or the people you stand in line with at the free food lines that are available in most skid row cities.People get jealous and angry,so the less you say the better and it's not forever,just until you become financially free!(3-10 years,depending on your investments).

Steve M 1:17PM July 04, 2011

u are 2222222222222 fantastic and 1derful. u are just 2 gooooooooooooooooooooooooodddddddddddddddddddddddddddddddddd

samuel sunday 5:44AM February 13, 2010

I don't know. You all sound like if the most important thing in the world is money and being rich. I have a day job and i don't hate him nor i want to be him. I do my job because i like what i do, enjoy my family and life and i have a healthy financial status. I'm 24, i have a property to build my home, a car and some savings but probably will never be rich. It's not just that we can't all be rich, it's also that some of us are not that crazy about being rich.
I do agree with the guy saying that being cheap is a terrible advise, it'll kill the economy.
Ah, and yea, this article made sense two years ago, the guy who had all his money in real state is probably eating noodles again. XD

Ernessto 6:19PM May 15, 2009

"Bill Gates, how did you become a billionaire so young?"
"Well when I was just starting out, instead of buying garbage bags from the store, I would use plastic groceries bags since they are free. I was able to save a few hundred dollars a year. Then I founded Microsoft which, when combined with my garbage bag savings, made me a billionaire."

Greg of CA 3:38PM March 31, 2009

This story is almost laughable as a clear sign of the changes that have occured over the past 18 months. The fantasy land that these 30 year olds who did the buy, leverage, buy, leverage scheme that made a bunch of paper millionaires out of an entire generation, is LONG GONE. That millionaire is now probably underwater on his mortgages unless by some miracle he realized his gains at the peak of the mkt...doubtful.
Anyhow, just found this pretty ridiculous.

John in Tokyo of NY 1:54AM December 10, 2008

I'm jealous but in a good way. You've inspired me. I'm 30 and I realize that I am not where I want to be. Thanks for sharing your experience.

Sonya of GA 10:39AM August 18, 2008

I am 28 and I dont have my million yet but I will I am not looking at being a multi-millionaire but having one million is my goal for now. I read alot of articles and books and I agree with the last fellow "John 5849" that Think and Grow rich is a very good book same as (the wealthy barber). Positive attitude and pay yourself first. I am not an aggresive investor I own no real estate other than my home that I live in I mainly invest in mutual funds (rrsp) and will also benefit from the new saving strategie that the Canadian goverment implemented for 2009. I figure it will take 10 years to achieve my goal and it will be achieve hassle free with little stress, I got time on my side and I am in no rush. For those who don't want the stess of being in real estate or starting your own company but still want to have a million, Time is on your side and the power of compounding intersst is on your side just remember PAY YOUSELF FISRT, I try to put away 10% to 30% of my salary and its working great for me pretty soon I will make more in interest than what I actually put in and thats a great feeling

Rod 1:29PM August 10, 2008

To the person with the thought entittled "not so hot shot"
I am 30, and I am very close to achiving my first million (probably by October).
My daddy did not pay for my education.
My daddy did not give me money for my down payment.
My daddy did not contribu te in any financial way to my success.
I went to college, and was able to stay in college by taking on a FAFSA loan at 4% interest.
However, while my friends were out drinking, and spending on clothes I stayed home and studied or worked one of my two jobs.
After graduation, (almost 10 years ago) I secured a job as an admin, making almost 40 K a year. Again, I did not party nor did I do much shopping. I also lived on Ramen, potatoes, and carrots. I brought my lunch to work every day, etc... By the time I was 23, I has 30 K in cash and bougt my first condo. I stayed in my 600 sq foot apartment and rented this one out. There was nothing sneaky about it. I had a short credit history but was always very rsponsible.
After one year, I refinance and bought another property, etc.., etc... Today I own 2 income properties and I now live in the first condo I purchased.
I eat well now, but I am still responsible with my finances. Other than a property, I will not buy anything unless I can pay for it in cash. I am saving for my first luxury car (BMW) and should be able to pay $36 -40 K cash for it in January.
The moral of the story is if you are responsible and can handle making sacrifices, you can do it. If you are lazy and just want to enjoy your cash now... well that's up to you. I have a feeling that you are lazy and angry at yourself for not making these sacrifices in your youth.

Maria of CA 6:45PM August 01, 2008

I am 25 years old and made 7 figures about 18 months ago. While saving is a great tool, I think that it is the most cumbersome. So few people out there actually have a good idea of what they should be doing with their money... so I helped invest their money in my projects. I am working on getting to 10 million and it is now within firing range. I think this kid has done well, but spend thrifts dont drive an economy and they dont make you wealthy. By the way, whats a million dollars today anyway. Thats certainly not retirement and it is not enough to retire.
If you want my advice, focus on making more by being creative, not spending less. You can only save what you have, but there is no cap on what you can make. Best of luck.
By the way, if you guys are looking for an awesome read - other than Rich Dad Poor Dad, check out Think and Grow Rich. It was published 80 years ago but still rings true

Justin of FL 12:43PM July 25, 2008

hey Allan, congratulation for making a million so early! a lot of people in this world try to make it , dream to make it , but only those who believe in them will achieve it ,like u. but nethertheless the race is not over, many of us have been millionnaire at a young age and today sell newspaper in the street or work 12 hours a day to pay their rent. i dont think that will happen to u, u seem to be smart. im an architecture student living in johannesburg, originally from Gabon, i trying to make a million as well,im on my way but it quite hectic but i beleive that i ll make it.
good luck and keep focuse

mintchy house 9:26AM June 02, 2008