How To Become a Millionaire and weathly

12 steps to become a millionaire

1. Keep your eyes peeled for better ways to do your job.

2. Don’t be afraid to negotiate.

3. Get your ducks in a row and your numbers on paper.

4. Plot your strategy when it’s time to move on.

Milk your benefits
5. Contribute as much as you can to your 401(k) and other tax-deferred retirement plans.

6. Flex your tax-saving muscle.

7. Review your tax withholding.

8. Stash savings in a Roth IRA if you’re eligible.

Invest like crazy
9. Don’t delay.

10. Invest automatically

11. Watch for fund fees.

12. Keep it simple.

http://articles.moneycentral.msn.com/SavingandDebt
/SaveMoney/12StepsToBecomeAMillionaire.aspx

7 steps to wealth

Paring it all down, we’ve come up with seven steps to becoming wealthy. Remember, wealth is relative, it doesn’t necessarily mean “millionaire.” The goal for many people is financial independence, says Stewart Welch of The Welch Group in Birmingham, Ala.

“That’s the point in time when your cash flow from investments is equal to or greater than your income from work. Look at the statistics: 95 percent of the population never achieves financial independence. For 65 percent of retirees, Social Security is their largest source of retirement income.”

The No. 1 reason people don’t achieve financial independence, says Welch, is they don’t have a written financial plan. So, that is our No. 1 rule for becoming wealthy.

1. Develop a written financial plan

2. Save, save, save

3. Live below your means

4. Lay off the credit

5. Make your money work for you

6. Start your own business

7. Get professional advice

http://www.bankrate.com/brm/news
/investing/20040324a1.asp