I’m joining the “Million Dollar Club!”

The ultimate goal of My Take on Money is to give readers tips on how to get out of debt and build wealth.  As a result, I thought it would be a great idea if I led by example by showing you my personal strategy of how I plan to obtain wealth by joining the Million Dollar Club over at Budgets are Sexy.

In order to become a Millionaire, I pledge to do the following:

  • Pay off my student loan debts as quickly as possible by throwing everything I have at it.
  • Pay off my mortgage by refinancing down to a 15-yr and pay bi-weekly.
  • Contribute up to the limit that my employer matches in my 401k every year
  • Max out my ROTH IRA every year
  • Sell unwanted items or unused items around the house to earn extra cash
  • Don’t take on any new debt….avoid it like the plague.
  • Become an entrepreneur by starting a side business
  • Find other ways to save money by being conscious of my spending patterns.
  • Help others to get out of debt and build wealth….always give back.

 I challenge you to take the pledge with me.

Million Dollar Club

32 thoughts on “I’m joining the “Million Dollar Club!””

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