This piece is part of my 2016–2026 archive migration. Some original formatting, content, and external links may be missing, changed, or not be optimized.
How to become an automatic millionaire
Invest 8k monthly with an average interest rate of 10–12%.
This will put you at approximately one million dollars in under a decade.
Now, where do you find eight thousand dollars to invest every month?
This is where you’ll need to get creative.
A few recommendations:
Create multiple income streams.
Significantly slash your expenses.
Consistently raise your income to save more monthly throughout the years.
Saving a million dollars is more attainable than you might thinkmedium.
This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.