4/23/08

Can You Become a Millionaire by Age 30?

WARNING: DO NOT ATTEMPT TO USE THIS BOOK UNLESS YOU ARE PREPARED TO BECOME FILTHY RICH. - Product disclaimer from Amazon.com

If you're over 30, don't despair because this just might apply to you as well. There's a new book out by Alan Corey which was profiled in the latest US News magazine. It has the lengthy title of A Million Bucks by 30: How to Overcome a Crap Job, Stingy Parents, and a Useless Degree to Become a Millionaire Before (or After) Turning Thirty. I like it.

Alan's claim to fame is that he gave himself a goal of being a millionaire by the young age 30. After finishing college he put the plan in motion, but not by creating a fancy business or viral dotcom idea. He didn't go around networking with bigwigs to secure startup funds, or finding lots of iPods to sell on eBay. He simply started to cut costs by being the ultimate cheapskate. That's right, Alan would reuse old popcorn bags for refills at the movies (ethical?), find thrown out or used umbrellas, never bought new bottled water and went on "cheap dates". He and his friends even made up a fake story to get themselves on the Jerry Springer show and win a free spring break trip. Now of course all those things won't make you a million alone, and Alan also realized he needed to produce some assets to get himself rich.

Basically, Alan worked a 9-5 job for 6 years, but was fed up with "working for the man" for peanuts, just like many of us are. He used to live in his mom's basement in Atlanta, but then decided to move to NYC to work on his goal of becoming rich. New York is far from a cheap place to live and Alan was making just 40 grand at his job. He realized his college degree was useless in terms of him making money, which may or may not be true. So he started cutting costs, saving, and then ultimately investing in real estate and other financial vehicles. There was luck involved, as he got into the right real estate deals at the right time (not to say there's no deals now). But now at age 28, Alan's happy to say he's retired (and still being a cheapskate)! (and by the way he claims that one of his cheap dates is now moving in with him)

The moral of the story here is that if you scrimp and save and make some wise investments with the money you do have, you have a good chance at using that extra money to build wealth. It's more of a mindset than anything to become rich. Alan even states in the magazine's interview excerpt that he just believed his goal was going to happen, and it has, 2 years early. Hmmm...so maybe that book The Secret really works?

Not that he needs the extra money, but Alan's now in search of his next million, and this sounds like one interesting moneymaking journey to read about...Alan's Book A Million Bucks by 30: How to Overcome a Crap Job, Stingy Parents, and a Useless Degree to Become a Millionaire Before (or After) Turning Thirty is currently available at Amazon.com.

The Building of Your Dreams at Apex

Yesterday was the great holiday known as Earth Day, and hopefully everyone celebrated by conserving energy, planting trees or being generally kinder to the planet. Today, The Monetizer would like to let you in on a website which could help you build your business and do so in an "eco-friendly" way. This website won't necessarily build your business itself, but it could build the place where your business and moneymaking will reside.

A company known as Apex Buildings provides a good resource for constructing Metal Buildings including those for Agricultural, Commercial, Industrial, Residential and Mini-Storage buildings. No matter what sort or size of business you want to build, it appears that Apex would have the ideal product for you. They offer over 20 years of metal building construction experience and will be able to help you match your needs. While I wasn't completely thrilled by the styling or color choices used on their site, the company has put together a helpful, informative site. Their website has a professional feel and provides enough information to get customers started. It contains sections with photo examples of their buildings, products available and their latest specials.

In terms of the environment, Apex is also proudly known as a "GREEN" corporation, because they incorporate the eco-friendly practice of using recycled metal in the production of their buildings. According to the company, their buildings will save you money due to low maintenance costs over the long term. A definite advantage for anyone trying to build a business and keep their costs lowered. On the Apex Buildings website you can also download a free report entitled "How to Save with "Green" Buildings". While I'm not sure of the specifics, this type of building may qualify for a tax deduction as well.

Based out of Arkansas the Apex site provides a button for a Free Quote or a toll free number: (877) 275-APEX (2739) for anyone looking to get started in building the business or other building of their dreams!

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