how to become a millionaire

To become a millionaire, key strategies include starting to save early to harness the power of compound interest, cutting unnecessary spending and avoiding debt, saving at least 15% of your income, increasing your earnings through career advancement or additional jobs, avoiding lifestyle inflation by not increasing spending as income grows, investing wisely including in retirement accounts and possibly real estate, and considering entrepreneurship as a wealth-building path. Creating a written financial plan and possibly seeking professional financial advice can also help stay on track toward the goal. The journey involves discipline, smart financial decisions, consistent saving, and long-term investing.