Becoming a millionaire is one of those significant financial benchmarks we all hear thrown around - but becoming one isn’t as difficult as you think, it’s mainly just a simple numbers game, and here’s why. Enjoy! Add me on Snapchat/Instagram: GPStephan
“Millionaire” seems to be the first number people think about when they think wealth - but only 5% of people in the US actually ever achieve that number, and it’s even smaller when you only count individuals vs household net worth, and even smaller when you count for people that are self made versus inheritance.
This is how I’ve done it and you can do it, too. My background: no college degree, I didn’t come from family money, no inheritance, I won’t say my exact net worth but it was over a million by the time I was 26. And even though I’ve had fairly high income throughout my career in real estate, I wouldn’t be worth over a million had I not done these few specific things.
To start, it’s really all a numbers game. You likely won’t do it by saving your way to a million. To save up $1,000,000…if you saved $50 per day…it’ll take you almost 55 years to reach $1m. And in 55 years from now, $1,000,000 will barely be enough to buy a BigMac when you factor in inflation. Even if you saved $200 per day, every single day, it’ll take you 13.5 years to get to a million dollars!
Instead, the most consistent way to reach the million dollar net worth mark is to invest. Think of it like leveraging your time. You can’t just trade your time for money - there’s a limit to how much you can do with one hour for $x dollars - that scenario will potentially take you DECADES. You NEED to trade your money for more money to hit a million in a much shorter time frame. And this is how you’ll actually hit $1,000,000. Once your money starts compounding and you let your earned money make you even more money, that’s when you begin to see your net worth growing at a dramatically faster rate - much faster than you can do on your own.
To make the most of this, don’t waste money on useless things and live below your means. It’s also vital to start as young as possible. Thanks to compound interest, the sooner you start, the more you will have later on. Also, think long term - not short term. Realistically, you won’t hit a million in a few years unless you make a ton of money in a business, invest at the right place and time, or end up in unique situations where you can expect a huge pay day. For almost everyone else out there, it’s just a matter of saving, investing, and keeping your spending at a minimum throughout the process. That’s all there is to it when you really get down to it. Breaking it down makes it a much simpler goal. Enjoy!
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness @gmail.com
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
Favorite Credit Cards:
Chase Sapphire Reserve - https://goo.gl/sT68EC
American Express Platinum - https://goo.gl/C9n4e3

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24 thoughts on “How to actually become a millionaire even without a high income”
  1. Avataaar/Circle Created with python_avatars Lulu says:

    I appreciate all the videos u make. They are so encouraging and helpful and inspiring! God bless u for all your advice! ☺️💕

  2. Avataaar/Circle Created with python_avatars Ronald Reagan says:

    Great video

  3. Avataaar/Circle Created with python_avatars Daniella Cressman says:

    Super helpful!

  4. Avataaar/Circle Created with python_avatars Nathan Victoria says:

    NOBODY BECOMES A MILLIONAIRE OR A BILLIONAIRE BY WORKING FOR OTHERS AND DEPENDING ON THEM, GOOD INVESTMENT BRING MILLIONS OF DOLLARS, AND CONSISTENCY BRING

  5. Avataaar/Circle Created with python_avatars LoveYahusha says:

    Great content 🔥 Well done👍💯

  6. Avataaar/Circle Created with python_avatars Cherubim Yang says:

    Can you give me some money to start my investments? 😁

  7. Avataaar/Circle Created with python_avatars Kajetan Mielczarek says:

    Just proofing if you really do read all the comments 😀

    I want to beginn with investing, but i have almost no clue about it. What books would you recommend?

    Epic video btw., got you a new sub

  8. Avataaar/Circle Created with python_avatars Soothing Sleep Music says:

    Nice one

  9. Avataaar/Circle Created with python_avatars Djokson says:

    Try and live cheap for and don't spend all your money fast that is how you will become rich, my grandma since she was a kid always saved money and at the end she has whopping half a million dollars and my family isn't quite wealthy so imagine if your parents gave you more money and more and more you'd have enough, And get a good paying job and remember if you struggle in school now the less you will struggle in future 😀 also you can try ilegal methods like evading taxes or try and find oil to sell it might be difficult in usa but if you live in middle east or something like that you will be rich without even going to school

  10. Avataaar/Circle Created with python_avatars Danny Dabbles says:

    “SunCor Financial MPI review” ""

  11. Avataaar/Circle Created with python_avatars Seira Cross says:

    Thank you info greatly appreciated💖🇹🇹💯

  12. Avataaar/Circle Created with python_avatars Lil Frag says:

    In what to invest?

  13. Avataaar/Circle Created with python_avatars Nuke THEGUY says:

    May I ask where are these investment links are.

    I'm new to this and understand some but you said invest with 7% return where is this investment link at to get this rate

  14. Avataaar/Circle Created with python_avatars Marilyn Larkin says:

    Trading has been so good with @Ryanburnnet_fxtrade on lG, I invested $900 and a withdrawal of $ 18,530 and another $ 24,060 just in 5 days ..his transparency and accountability has been the best Ryanburnnet_fxtrade

  15. Avataaar/Circle Created with python_avatars CLASSIFIED CLASSIFIED says:

    But 17 years seems like so much if my life 🥲

  16. Avataaar/Circle Created with python_avatars Jc Nieto says:

    I'm a 17 year old soon that i have salary would invest in real estate or some company

  17. Avataaar/Circle Created with python_avatars good boy says:

    bro when we invested what details we need

  18. Avataaar/Circle Created with python_avatars J productions says:

    What’s worth investing into tho ?

  19. Avataaar/Circle Created with python_avatars Princess Diana says:

    I can’t imagine spending 3,000 a month!😂 💀💀💀my frugal ass.

  20. Avataaar/Circle Created with python_avatars __________________ says:

    oh god

  21. Avataaar/Circle Created with python_avatars Russ Lea says:

    “Money makes money. And the money that money makes, makes money.” – Ben Franklin

  22. Avataaar/Circle Created with python_avatars Ivan Zhelev says:

    Liar

  23. Avataaar/Circle Created with python_avatars Bader K says:

    Thanks for the Video clip! Sorry for chiming in, I am interested in your opinion. Have you heard the talk about – Schallingora Brain Reconstruction Scheme (probably on Google)? It is an awesome one of a kind product for learning how to acquire the mind of a millionaire minus the normal expense. Ive heard some awesome things about it and my work buddy at very last got cool results with it.

  24. Avataaar/Circle Created with python_avatars DeucezHD says:

    Hi, I am 16. I want to make my way to a millionaire. What can I start doing? And do you have to have the best grades and the best act scores and go to the best college to be millionaire?

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