Who Wants To Be A Millionaire? I SURE DO. With this post I’m am offically pledging my goal of becoming a millionaire. I’ve been following J. Money at Budgets Are Sexy for a long time. If you don’t already know, J. Money has a Millionaire Dollar Club. To be a member of the club you need to write a post detailing how you will become a millionaire. I absolutely love the idea and fully believe that without accountiablity, change is a difficult journey.
Can you imagine how killer it would be logging into your accounts one day and seeing a cool million there? I’ve been all about it the past couple years and there’s really nothing stopping me now. I’ve got the desire, the patience, and more importantly the game plan! (what this post is all about). from J. Money
After reading that statement, I just couldn’t help myself. I want to be a millionaire. I want to be able to “Live like no one else so later I can live like no one else” (Dave Ramsey).
These are the ways I’m going to use my ambition, work ethic, and brains to reach the million dollar mark. I’ve tried to inject some of my humor into this post. I hope you enjoy reading through these and I hope that you’ll all look back a this list in the future and say “I knew that dude when he was delivering pizzas.”
Pledge Number 1
I pledge to pay off all of my debt. If you take a look through the site you’ll come across net worth posts, getting out of debt posts, pizza delivery totals, and much more. I am VERY serious about this and getting out of debt is the first step to becoming a MILLIONAIRE!!
Pledge Number 2
I pledge to spend less money. I will not use credit cards to purchase things I don’t need with money I don’t have. I will maintain and live by a budget. On purpose on paper is the only way for me. I will continue to live within my means and spend much less than I make. I will continue to clip coupons and look for sales, I’m a Frugalisto and proud of it. I will not keep up with Mr. Jones next door. I will only purchase items that bring value to my life and my family.
Pledge Number 3
I pledge to Max out my 401K.
Once all my debt is paid I will contribute the maxium allowed by law. I’m currently contributing 4% of my base salary because it is matched 100% by my employer. Some people will call me nuts for putting any money into the 401K while I’m in debt, but I look long term now and throwing away “free” money just doesn’t make since.
Pledge Number 4
I pledge to start a business
Reading though many of the millionaire stories, I’ve noticed a common denominator. Most millionaires do not work for a company, they own a compay. I enjoy my current job, but I don’t think I can make it through another 30 years of doing it. Delivering pizzas has opened my eyes to a whole other world. I love the business and my current employer will be looking to franchise soon. The buy in is low and the company already has two stores. Once my debt repayment plan is complete and I have a completely funded 6 month emergency fund. I will be working to fund a “business” account. My goal is to pay cash for the business.
Pledge Number 5
I pledge to to be a Millionaire
I will be a millionaire. Life may continue to throw punches at me, but I will come out on top. I truely believe that a solid financial plan, open communication with your spouse, and a good work ethic will yield spectacular results.
I hope you’ve enjoy reading this “mission statement” and that the images made you smile. If you’d like to create your own Who Wants to Be a Millionaire questions follow this link. The website is in French but I’m sure you can figure it out. Enter the question in the first line, followed by the answers in the next four lines. Have fun with it, I did
Next stop–The Cayman Islands. I need to set up my numbered off-shore bank account to hold the million dollars.
Want to join the Budgets Are Sexy Million Dollar Club? Visit J. Money’s Millionaire’s Club and submit your pledge. You’ll be able to post this sweet badge on your site once you’ve joined. It’s a very elite club, I’m entering as the 26th member. I highly recommend you join, it will force you to think about the future and develop a plan to become a millionaire. Good Luck to everyone!!!!