🐺Are You on Track to Become a millionaire?

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You might not be a millionaire yet.

But I can tell by your actions if you’ll make it.

Here are 5 signs you’re on track to become a millionaire.

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1) High Savings Rate

Saving more than you spend sounds obvious.

But criminally few people are proactively saving each month.

We always assume we’ll start another time until it’s too late.

If you’re saving now, despite being young, you’re on track for millionaire status.

2) Liquid Net Growth

Another tell-tale sign is that your liquid net worth is growing.

That includes:

• Investment accounts

• Retirement accounts

• Savings & checking accounts

Although you should also be stacking assets, liquid cash in these accounts should grow over time.

3) Finance Optimization

Are you taking the time to maximize your financial situation?

That could include anything from learning to invest to cutting down on expenses.

It’s the baby steps we take each day that cumulatively make the difference.

4) Multiple Streams of Income

Everyone’s aware that millionaires have multiple streams of income.

But make sure you’re not building 7 different sources from scratch at once.

Master one source, then move on to the next – that’s the key.

5) Lifestyle

Does your lifestyle remain the same despite a rising income?

You’re demonstrating the foundational yet critical trait that all millionaires possess.

You’re able to resist lavish lifestyle purchases for the sake of your future.

Becoming a millionaire isn’t complicated.

You don’t need to be the next Silicon Valley unicorn.

You need to take the simple yet difficult steps each week for decades.

Start now if you’re not taking these steps; nothing beats the present.

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