7 Tips for Teenagers to become Early Millionaires
One of the major mistakes teenagers make is to think that they are too young to think about money management. However, the years when you are in your teens are some of the greatest years to learn about personal finance and to begin saving and investing money. Only then will you have a good chance of becoming a millionaire in your youth. In today’s video, we are going to discuss some important tips for teenagers to become millionaires.
00:25 – Intro summary
00:36 – First: Set aside earns for investment
1:29 – Second: Find a way not to use saved investment money
2:13 – Third: Get a credit card and spend little and pay off each month
3:24 – Fourth: Setup an investment infrastructure
5:13 – Fifth: Start a small business
5:52 – Sixth: Understand importance of Living below your means
6:47 – Seventh: Increase proportion of Investment with time
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