Tagged with millionaire challenge

Millionaire Challenge Update #4

I need to be more aggressive. I earmarked a further £5 for the challenge. I know this is not really that aggressive but I am trying to be more focused about it.

It’s really difficult thinking about this challenge every day but it’s going to be the only way that I (think) can get there.

As in my third update, my totals put aside was £111.46. Adding the £5, I should now have £116.46 (I will call my bank to check but I sent the money via online banking so it should clear on Monday).

Total balance brought forward from my 3rd update: £1,299,888.54

-£5

Total current balance of money left to save: £1,299,883.54

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Millionaire Challenge Update #3

As in this previous update, I had £106.46 saved for my challenge.

Today, I put £10 in my savings account, of which £5 is allocated into my millionaire challenge. This means that the total in my fund is £111.46.

Total left to save for my millionaire challenge: £1,299,888.54

Still got a long way to go but I am happy that I am putting money aside day by day to reach my goal!

How do you reach your financial goals? Let me know!

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My Million Challenge Update #2: Small savings made in past few days

Do small savings for my challenge make that much of a difference?

Earlier this week, I made saved that £100 from my savings for the Million Challenge which I have detailed here .

Today I added some more money and the next increment pencilled away for my challenge is £6.46 which means £106.46 is now put away for my challenge.

+ £6.46 means the amount that I set for myself (£1,3m) has gone to £1,299,893.54 so I still have to save, invest & work with my businesses to make this amount.

How do you motivate yourself to save for yourself? I’d love to know what you all think in the comments!

Edit: £6.46 converts to $9.89 USD

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My Million Challenge: The nuts and bolts of how I am working on being a millionaire

Last year, I did not take the millionaire challenge seriously. I was too busy wasting time with someone who did not deserve my love. 2012 and 2013 are going to the next two years where I am going to try and be a millionaire, God willing.

The deadline I am setting myself to be a millionaire is my birthday – 27 April 2014

The financial goal: is to have £1.3m ($2m) in liquid cash after tax

No one knows about this challenge except all of you & my cousin and naturally that is how I am going to keep it.

How do I plan on getting there? Continue reading

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