Welcome to Journey To Millions!
In our previous articles, we’ve shared with you some steps on how you could start your journey to millions. You now know how to establish your goals, how to compute your net worth, how to create your spending plan and how to make more money.
Specifically, on the third step, we’ve also mentioned three financial goals that you shouldn’t miss. Namely, they are building your retirement fund and emergency fund, and purchasing an appropriate life insurance.
On this post, I will be sharing with you my research about buying an appropriate life insurance, hoping to answer why you need to be insured (or not be insured) and how much insurance you really need (if any).
“Are you willing to pay the price your freedom costs?”
-Queen Elinor, Brave
Welcome to Journey to Millions!
In my previous article, you discovered how life can get even better when you identified “where you are now” (in terms of your actual net worth) and compared it to “where you should be” (in terms of your expected net worth).
Together, we promised to aim at becoming Prodigious Accumulators of Wealth (PAW), a term coined by the famous wealth researchers, Thomas J. Stanley and William D. Danko. They defined PAWs as “builders of wealth—that is, they are the best at building net worth compared to others in their income/age category.”
In this article, you will be exploring your options as to how you can meet your financial goals.
It’s time to take you a notch higher and see how you can turn your big dreams into reality.