Quote:So lets play the game.


Someone makes 35k a year. Take home is about 29k. Maybe they own a modest home. So lets say between a mortgage, property tax and homeowners insurance it's 1000 a month. So you are down to 17k a year. Add in basic utilities (electric, water, internet, phone). There is at least 200 a month, probably higher in the summer. So you are down to 14k. Add in insurance (health, life, auto) and there is probably another 200 a month. So we are down to under 12k a year. This isn't including food or gas. There is probably another 500 a month at least. Down to under 6k a year to invest. And this is assuming the person does not have any revolving debt like credit cards. Or an auto loan. And this does not account for incidental expenses like auto and home repairs, unexpected health care costs.


So how is this person becoming a millionaire?