Tips For Getting Rich From Self-Made Millionaires

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.

Joyce Bone (Cofounder of Earth Care and author of Millionaire Moms)

SAVED: $10,000; Started an environmental waste management company that became a $125 million business.

“We were living off my husband’s salary… I carried a notebook everywhere I went, wrote down each purchase and tallied up the total at the end of the day. That way, I knew exactly if and where I’d overspent, and I would cut back accordingly… And several times, I saw that the card company had charged us a late fee when we were only a day late. Each time, I called right away and was able to get them to rescind the fee.”


Andrew Hallam (High school teacher and author of Millionaire Teacher)

SAVED: $100-$300 a month throughout college; Invested in mutual index funds and some individual stocks, eventually amassing $1.5 million.

“When I was in college, I remember wanting to save $4,000 a year… Having a goal, writing it down and keeping the piece of paper where you can see it every day are key… When I was coming up short, I’d take extra jobs I wouldn’t normally have been motivated to take, like washing buses and mowing lawns. Seeing that number in black and white increased my commitment and spurred me to stick with the program. When I reached my goal, it felt awesome.”

Dani Johnson (Owner of five businesses, author of First Steps to Wealth and mom of five)

SAVED $5,000; Bought weight loss shakes and supplements to sell. Within two years she made her first million.

“Twenty years ago, I was homeless, literally living out of my car… One day, I looked in the back seat and noticed some leftover products for a weight loss program I used before I had hit such hard times… I made a flyer, copying the ad, and posted it at a local post office. Forty people answered that first flyer, and with the $5,000 I got from charging them the retail price, I bought enough products, paying wholesale, to fill my orders and have extra to sell… I continued to buy and sell that way, reinvesting the original seed money…”

Were the real-life testimonials helpful for you? Tell us about your own ways of saving money!

Source: Yahoo News

Image: Hub Pages

Top 5 Signs That You Need to Quit Your Job

You probably think I’m crazy for writing about signs it’s time to quit your job when the economy is so volatile, but your health and happiness are far more important than a paycheck.  Here are 5 signs it’s time to quit your job.

YOUR APPEARANCE HAS CHANGED. If you’ve gained or lost a significant amount of weight, wake up with dark circles or bags under your eyes or just don’t care about your appearance anymore due to stress from your job, it’s a serious indicator that it’s time to move on.

YOU FEEL STAGNANT. If your workplace doesn’t offer any opportunity to learn new things or promote, it’s a definite sign it’s time to quit your job. If you’re currently at a job that isn’t in line with your plans, think about what you can do to get you closer to your goal.

YOU’RE OBSESSED WITH JOB SEARCHING. We all like to keep our options open when it comes to jobs, but if you are constantly online at work looking for open positions and updating your resume and cover letter, it’s time to go!


YOU DREAD GOING TO WORK EVERYDAY. If you’re having physical or emotional reactions to going in to work, it’s very unhealthy and time to call the doctor and update the old resume.

YOUR WORKPLACE ISN’T FARING WELL. When you start seeing reduction of benefits and bonuses, downsizing and high turnovers in corporate, it’s safe to say that it’s time to move on from your job.

Did you find yourself agreeing to at least 3 of these signs it’s time to quit your job? If so, don’t get discouraged. Even though we are in a bad economy, all hope is not lost; you have other options!

Source: All Women’s Talk

Image: Dr. Jack Singer