To be sure, this is easier said than done. It will be difficult to become a millionaire if you do not earn enough to save 15% of your income. However, you do have a few options, papa's games including:
Requesting a raise (if you believe you are due one)
Working additional hours
Obtaining a second job
Investing in training to boost your earning potential
In the long run, additional training pays the most dividends. Assume you're a Licensed Practical Nurse (LPN). In 2021, the median annual income is $48,070.
2 Registered nurses, on the other hand, earn nearly $30,000 more per year. Of course, becoming an RN takes one to three years longer. 3
However, having a little extra money each year can really help you reach your financial goals, especially if one of them is to become a millionaire.
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