Paper Millioniare by 29yrs

For real though, what does it take to become a paper millionaire by 29. Cuz I've been thinking about it for the last several days, not writing on my blog and annoying my fam and friends with in-depth plans and analysis of financial markets and real estate.

Paper Millionaire (n.) - someone who has as net worth of $1M or more, but not necessarily income of $1M. Net Worth = (Assets - Liabilities)

So instead of just bothering the select few people who I could get my hands on, I shall post to the universe....yes that's right, b/c the universe reads my blog.

Here's the plan (w/o b-school):

• 22yrs old - Secure a Home (condo...sometime in Oct. watch out for that post)25yrs old - Paygrade promotions to secure another Home (rent that one out)
  

• 28yrs old - Open a franchised business29yrs old - networth of $1M


• 32yrs old - partner wit Vince's prick self to make it 2 mil

Pipedreams or real plan? Everybody had street dreams of being a rapper for dumb long and maybe a ball player, why can't I dream of caking outta control. Plus I have the ill money management techniques that I'm developing with real estate (i.e. pay down that loan asap!).

Strategies:

1. 10% post tax minimum tithe


2. 10% pre tax to savings/retirement


3. Credit Card Bills always paid in full


4. Adding extra monies to principal of loan

Do these things and you might cake too. If you have any other legit AND legal ideas hit up the comment section.

But why do this...(check the next post)