11 Tips from Millionaires on How to Save Up a Lot of Money

Millionaires revealed the secrets of becoming rich. Follow these simple rules that guarantee success. You won’t believe how fast these tips actually work.
Start with setting specific financial goals. Make sure what you’re doing on a daily basis is moving you closer to your goal. If it’s not, think of what you can change. Become an expert at whatever you want to do by following “the rule of 100”. It could be 100 speeches, 100 articles, 100 workouts and even 100 cakes if you like to bake. See money as something you can earn and build up, not something that keeps you down and crushes all your dreams. Expand your professional network: talk to people and keep their contact info. You never know where a new job might come from when you need it. Wait for that cool gadget to go on sale or compare prices at different retailers. Remember that by using a credit card, you’re essentially spending money you don’t actually have.
Follow the millionaires’ advice and live below your means. Don’t spend all your money on luxury houses, cars and watches. And you don’t need to rush off and buy the newest smartphone model if your phone is working just fine. Millionaires don’t earn money just by spending time at work; they get their money to work for them. People around you influence your life and mindset, so surround yourself with successful people.

Follow the “50/30/20 Rule” 0:27
Avoid “poverty thinking” 1:16
Write out a detailed financial plan 1:44
Adhere to the “Rule of 100” 2:35
Always have a Plan B 3:07
Buy in bulk and on sale 3:36
Stay away from credit cards 4:00
Try to buy straight from manufacturers 4:27
Live below your means 5:09
Start earning passive income 6:01
Surround yourself with successful people 6:44

-Divide your income into 3 categories: monthly expenses, personal spending, savings account.
-Never say things like “It’s too expensive” or “I’ll never be able to afford that”.
-Set specific goals and create a detailed plan on how to achieve them.
-Do 100 of something within a year to become an expert at it.
-Think of all the skills you have and work on developing them in your free time.
-Don’t be embarrassed to use coupons and wait for sales.
-By using a credit card, you’re essentially spending money you don’t actually have.
-Order stuff straight from the manufacturer to get it at a lower price.
-Live below your means so that you have more money coming in.
-Invest in something you know.
-Get along with talented people who share your vision.

Subscribe to Bright Side : https://goo.gl/rQTJZz

Our Social Media:

Facebook: https://www.facebook.com/brightside/
Instagram: https://www.instagram.com/brightgram/

SMART Youtube: https://goo.gl/JTfP6L

5-Minute Crafts Youtube: https://www.goo.gl/8JVmuC

Have you ever seen a talking slime? Here he is – Slick Slime Sam: https://goo.gl/zarVZo

For more videos and articles visit:

28 Replies to “11 Tips from Millionaires on How to Save Up a Lot of Money”

  1. As the economic crisis keep rising, one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive, as well as secure a profitable investment future, Thanks so much Mrs Eunice Mattia for improving my portfolio.

  2. I guess invest in what needs to be invested in and don’t invest in what doesn’t have to be invested in

  3. Great content, I appreciate passive income ideas that earn $1000+ per month. Any opinion on local lead generation? Basically building and banking websites that generate leads for local businesses. I went through Mary Margaret’s Cartier program, handling my portfolio a year ago, now I got 11 sites creating about $55,500 coming in each month.

  4. I don't have poverty thinking & keep telling my husband to get out of that mindset. I always have detailed budget plans ???? I annoy my husband with them, esp my long-term goal plans. I don't ever use credit cards & don't even have a bank. I ONLY earn passive income ???? I do independent investing! My best friend is a successful person, who once she graduates from grad school in 3 weeks will make $100k. ???? I'm going to try to get her to do a little independent investing on the side with me, which she is open to. I think she's planning on living with her family even after graduation. My mom and her family are all investors and some of them are millionaires, living well below their means. I have a millionaire aunt who is still living in a medium sized house in the most segregated city in america bc she doesn't want to pay the higher property taxes of a mansion. ???? I had close friends who weren't very successful but we no longer talk due to differences in human rights. We used to all be liberals but over time they unfortunately changed into giant bigots. ????

  5. I thought it was 30/60/10 (60 = save and needs 30 = give to poor 10 = spend for happy)

  6. I realized from past experience that the secret to making a million is saving for a better investment..  I always tell myself you don’t need that new Aston Martin or that vacation in Hawaii just yet and that mindset helps me make more money investing. For example last year I invested 100grand in the S&P 500 (with the help of my advisor of course) and made 350k, but guess what? I put it back and traded with her again and now I’m rounding up close to a million. Hoping to get to 2 In 6 months time

  7. Most successful people started from nothing. They didn’t wait for the opportunity to knock but created the opportunity on their own by working hard. Mr carlos kingston is a legendary forex trader I have been trading with for about 7 mounths now I earn up to $15,000 from forex trade with him. i guess this is the epic start to a new chapter in my life. I just feel like more people should be made aware of this opportunity, feel free to contact him @carlos_1uptrades on Instergram

  8. Excellent Video! Apologies for the intrusion, I would love your opinion. Have you thought about – Schallingora Brain Reconstruction Scheme (just google it)? It is a smashing exclusive guide for learning how to acquire the mind of a millionaire without the hard work. Ive heard some extraordinary things about it and my friend at last got astronomical results with it.

  9. Kudos for the Video! Apologies for chiming in, I would love your opinion. Have you considered – Schallingora Brain Reconstruction Scheme (erm, check it on google should be there)? It is a smashing one off guide for learning how to acquire the mind of a millionaire without the headache. Ive heard some awesome things about it and my best friend Jordan got astronomical results with it.

  10. Winner of a video, I've been looking for "finance management tips" for a while now, and I think this has helped. Have you heard people talk about – Ferapt Freedom Fanboy – (search on google ) ? Ive heard some amazing things about it and my friend got cool success with it.

  11. There’s this pi network and I think we’re still early for this. If you want to try pi network because you might think that it may be worth something in the future like bitcoin, you can use my invitation code: lambdackt

  12. Many thanks for posting this. I found it very useful. But that pencil lead was a bit provocative.

  13. Lovely video content! Forgive me for butting in, I would appreciate your thoughts. Have you thought about – Schallingora Brain Reconstruction Scheme (probably on Google)? It is a great one of a kind guide for learning how to acquire the mind of a millionaire without the normal expense. Ive heard some decent things about it and my cousin got cool results with it.

  14. Credit cards are NOT evil…..use your card wisely…..make sure you can pay off the balance every month.  Get a card that pays cash back……ALWAYS MAKE SURE YOUCAN PAY OFF THE BALANCE EVERY MONTH OF CHARGES.  DO NOT CARRY OVERA BALANCE.  THAT'S THE TRICK, IF YOU USE A CARD!

  15. this video needs a little more light… i made my first million trading stocks as a beginner with the help of Mrs Sandra Gail Gaines who handles my investment portfolio…she is getting the recognition she deserves in the US now

Comments are closed.