Daisy Chan, of Woman’s Day magazine, profiled me, along with two other people who turned a small amount of money into…more than a small amount.
Self-made fortunes all begin the same way: with a good idea and some startup cash. Steal these savings tips from three millionaires who made a little into a lot.
Winning the lottery is everyone’s fantasy, but the better bet is on a plan that relies more on pluck than luck.
”You can become wealthy if you’re disciplined, consistent and patient,” says Andrew Hallam, who pulled it off on a teacher’s salary.
These qualities are especially important when you’re starting out and trying to save the money needed to get your business idea (or investment strategy) off the ground.
Read more in this Woman’s Day magazine article
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2 comments
Rich B says:
May 24, 2012 at 8:45 pm (UTC 8 )
Good article Andrew and even better comments that gave me a good chuckle before bed. Some people just don't get it. I won't quote them all but the one that blew me away was the girl who had to move in to her boyfriends to make the new car payment……I have friends who over burden themselves with car payments they shouldn't have as well. Some people WANT now without having to put in the initial sacrifices !
I figured it out with alittle guidance from yourself and Dan bortolotti. Live within my means. The rest goes into the savings. Invest it lazily and excersise alittle patience. After a short amount of time I am debt free and my savings are growing!
Thanks for everything!
Ps. No new car for me even though my income would definitely support one!
Rich B
Andrew Hallam says:
May 25, 2012 at 2:59 am (UTC 8 )
You're a wise man Rich! No new car for me either—ever!