Showing posts with label Million Dollar Club. Show all posts
Showing posts with label Million Dollar Club. Show all posts

Monday, September 28, 2009

Joining the Million Dollar Club!

Million Dollar Club


J. Money at BudgetsAreSexy has the coolest club around...and I'm joining!

In order for me to become a millionaire, I pleadge to do the following:
1. Continue to contribute 12% to my 401K - $4186 per year
2. Contribute $100 per month to my Roth IRA - $1200
3. Sell stuff on eBay and Amazon (this is my side business) - $1200
4. Live Frugally (even after I am an attorney) - $2400 (put at least $200 a month in savings)

I will be a millionaire in....way too long!!

However…I will also amass a substantial debt continuing over the next three years with law school…$90,000 (approximation) which will result in a substantial increase in earning power (provided I pass the Bar). Everything is just so up in the air, but I know I will reach One Million Dollars…one day

Just because its a long road to wealth doesn't mean I'm not going to travel it....Im on my way!