For most millionaires, getting there means hard work and being careful with their money. You too can become a millionaire without necessarily having to win the lottery. It takes time, though, and adopting habits that will help you save money. They may not seem like they could make a difference but remember that every bit adds up. These frugal habits can, over time, help make you a millionaire.
Live below your means
Avoid get-rich-quick schemes
Shop at cheaper stores
Buy second hand
Don't forget, buying the cheapest option often ends up costing more in the long run. See the items that save you hundreds of dollars over time.
Downgrade your wardrobe
Downgrade your cell phone package
Living below your means is just one of 20 reasons why you'll become a millionaire.
Cut your bank charges
Rent out your stuff
Believe it or not, the secret to being and staying wealthy is really simple. Learn more about why the rich are so rich now.
Sell what you don’t need
You may also want to brush up on the worst financial mistakes you can make.
Carry only the cash you need
Make more cash with one of the top 20 jobs in Canada that pay over $200K.
Leave your credit card at home
Don’t spend what you don’t have
Become more energy efficient at home
Wondering how rich Queen Elizabeth II really is? You may be surprised to find out that the world’s richest royals aren’t who you might think.
Want more money advice? Read 20 ways you can retire with less money.
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