Formula For Millionaires Blog

If you’ve read some of my other posts about the tough times in the economy and how to turn it around, you’ll realize that everyone has the same money problems from time to time.  The only difference with millionaires, is that when they go broke, they go big time broke.  When you wonder how to pay that $2,500 bill in two weeks that you don’t have money to pay, I’ve sometimes wondered how to pay that $45,000 monthly bill that I have no money to pay this month or each of the months after that.

Some people love to play the money game. I happen to be one of those people. I love to figure out what I want to do next that is challenging, something I love to do, something that will help meet people’s needs and something that I can make millions of dollars doing in a short amount of time.  Other people don’t like the money game.

But, here’s the problem with not liking the money game.  Whether you like the money game or not, You are playing it.  Everyone has to play.  Money is the gas by which life is lived.  You cannot live without money and you cannot be fulfilled and completely happy unless you know how to access all the money you want, in order to live the fulfilling life you were meant to live.  Don’t get me wrong, it’s not the money that makes you happy, it’s what money allows you to do that makes you fulfilled in life.

Surprisingly, Because They Decided to Become One

Everyone starts out in life not knowing what is possible, until you are shown some options.Growing up we learn what is possible, we accept it and soon it becomes normal as part of our life. As a teenager soon having to face the decisions about what to do after high school, my Dad shared with me all he knew about the options the world had to offer me.

When I was 17 years old my Dad told me I had two choices.After high school I could get a job doing manual labor and if I was lucky I could work for a union for good wages. The second option I had was to get a desk job working in an office, but, if I wanted a desk job then I should go to college to get a degree.

My Dad had no preferences for me and left the decision completely up to me. He had started college in the late 1950’s but dropped out soon because he was not the student type. By chance when my Dad was 20 years old his uncle got him a job with the power company for his small rural town, where my Dad worked for the next 42 years until he retired. He worked primarily inside at a desk job but he saw that some of the union workers who worked outside on the power lines got higher wages than he. He shared with me these options pointing that both jobs had good benefits and both could offer similar wages. But, one would require more schooling.

That was the extent of the conversation my Dad had with me when I was 17 years old; except he added that if I chose to go to college I would have to figure out how to pay my way because he and my Mom did not have the money to help out with college.

What do you do when you feel that the world is closing in upon you when you are running out of money? What can you do when you have no way to pay the bills, you’ve tried all you can do to earn money and there is nothing more to try?  I know exactly how that feels, because I’ve been in that position and you’d be surprised to know that me and many others who are millionaires have been in that position, and for some of us not long ago, for some even now.

Millionaires are no more immune to stress and going broke than anyone else. People think that once you are a millionaire you never need to worry about money again. Millionaires become millionaires for many reasons, but one of the reasons is because they are not afraid to take risks. And once they take risks that pay off in a way to make them into a millionaire, they don’t simply stop taking risks; they keep doing it. And sometimes they get into financial trouble and when they do, they get into deep trouble fast.