BECOMING A MILLIONAIRE
There is a probability that you will become a millionaire in the
course of your working lifetime. Today in America, one family in
20 has a net worth of more than one million dollars. This means
that your likelihood of acquiring a million dollars is one in 20, or
5 percent.
However, this also means that your likelihood of
not
acquiring
one million dollars, should that be your goal, is 95 percent. These
are not good odds.Your job must be to improve the odds in your fa-
vor.Your aim should be to dramatically increase the probabilities of
achieving financial independence by doing more and more of those
things that will help you to achieve your goal. This principle applies
to anything you want to accomplish.
The more different things you do that are likely to help you to
achieve your goal, the more likely it is you will do the right thing at
the right time. If you set clear, written goals, make detailed plans,
and continually upgrade your skills to increase your income, you in-
crease the probabilities that you will earn a good living.
If you study money and investments, save and put aside 10 per-
cent to 20 percent of your income every month, keep tight control
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