How can someone become a millionaire over time? I want to understand practical steps like smart investing, disciplined saving, income growth, and long-term financial planning that can realistically help build wealth.
The key to becoming a millionaire is simple: earn, save and invest sensibly: maximize your income, live below your standard, invest regularly (stocks, real estates, retirement plans), avoid high interest charges, and compound it over the years.
It is typically a long-term investment, a regular saving program, asset diversification, income growth and expenses that make someone become a millionaire.