Become a millionaire guaranteed!
We’re always focusing on the quickest ways to build wealth. I mean, we’re all dreaming of financial freedom when we’re our parents’ age. Though there’s another way, a slow, steady, guaranteed way to hit the million bucks mark:
Invest a dollar a day.
A dollar a day or $30 a month will make you a millionaire if you’ve got patience; lots of patience.
Here’s what to expect:
Interest rate and number of years to hit a million
3% 147 years
5% 100 years
10% 56 years
20% 32 years
I think I’ll keep searching for a better way. Finding 20% interest for my pocket change? Yikes!
*thanks to The One Minute Millionaire: The Enlightened Way to Wealth for the data