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Millionaire Money Habits

Currently browsing posts found in October2007


Money and The Law of Attraction

» by October 31st, 2007 at 7:06 am » Comments (1)

The law of attraction states that a person’s thoughts, emotions, beliefs and actions are said to attract corresponding positive and negative experiences. In other words, the things you focus on that you want, will find a way to be attracted to you. Likewise, when you focus on things you do not want, you are attracting [...]

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The Easiest Way to Invest and Beat the Best

» by October 28th, 2007 at 2:04 pm » Comments (0)

Do you fit in the group of wealthy people, but believe thinking about money is boring or a touchy subject? A good portion of high-income producers, particularly those who come from poor backgrounds, have a hard time spending money and taking even the minimum amount of risk. Generally the thought or discussion about money is [...]

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Form a Business, Become a Millionaire

» by October 25th, 2007 at 6:24 pm » Comments (1)

Do you ever dream of what it would be like to be a CEO in corporate America? Run an outperforming company while receiving millions of dollars worth of stock options, bonuses and outrageous salaries while traveling the world on the corporate jet to play golf? Sounds like the dream. The chances, of course, of becoming [...]

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10 Ways to Becoming a Millionaire

» by October 23rd, 2007 at 5:30 pm » Comments (3)

Want to be a millionaire? All it takes is a bit of discipline and some patience. Here are some tips to get started today: Reduce consumption and increase investments. Create and stick to a budget. Increase your financial IQ. Make contributions into investment vehicles on a consistent basis. Start a part-time business to increase income [...]

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Millionaires are Smart Shoppers, Not Just Good Ones

» by October 18th, 2007 at 7:26 pm » Comments (3)

I have a friend who is a really, really good shopper. The problem is that he is not a smart shopper. He is a sucker for being lured by persuasive sales pitches and marketing gimmicks. It is actually comical because the behavior is so predictable. He comes across a “really great deal,” impulsively spends money [...]

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The World’s Greatest Get-Rich Formula

» by October 16th, 2007 at 7:08 pm » Comments (1)

This article is paraphrased from a 10/12/07 Motley Fool article: You should be highly skeptical of any and all get-rich schemes … except for the super-simple formula I’m going to show you below. Because this one really works. It works so well that it’s been used by the world’s billionaires — from moguls of yesteryear [...]

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Is Your Emergency Fund Running on Empty?

» by October 14th, 2007 at 8:33 pm » Comments (0)

Unfortunate things happen to everyone, which can put you in very difficult situation. No matter how secure you may feel your job is, anything could happen to quickly change your situation. New management, the merger or acquisition of your company, or personal and economic challenges, such as illnesses or disability, can all impact your income [...]

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Wealth and the Law of Reciprocity

» by October 11th, 2007 at 4:13 pm » Comments (0)

Among other reasons, self-made millionaires are often generous people because they understand that the law of reciprocity applies to business, money and personal happiness. You know the feeling you get when someone gives you something and you feel the obligation to make it up to them. You’re familiar with the sayings, “You scratch my back, [...]

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Why Now is the Time to Max out Your 401k

» by October 8th, 2007 at 12:51 pm » Comments (1)

With your employee 401k retirement plan, becoming a millionaire is incredibly obtainable by hardly doing a thing. You simply enroll, spend a little time over the funds your company offers to invest in, indicate how much of your pay you want to contribute, and sit back and watch your retirement account grow. Every now and [...]

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Don’t Cut Up Your Credit Cards

» by October 3rd, 2007 at 8:29 pm » Comments (0)

We are constantly told that the way to riches is to get out of debt, cut up your credit cards and live on a strict budget. Advice like this may be good advice for some people, but it is not a one size fits all strategy. In fact, for those who are good at managing [...]

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