How to Become Millionaire by Just saving small amount

What should we do?

It is obvious that this huge amount will not pileup in a day, 

week 

or month.

It will take years 

and patience.

What we need to do is?

We should start saving at somewhere in between around 25 to 30.

Because this cycle gonna be for 25 year long

What we need to do is we have to invest

What is the plan now?

100 per day for next 5 years =100*356*5=182500

Then 200 for next five year = 200*365*5= 365000

Then 300 for next five year = 300*365*5= 547500

Then 400 for next five year = 400*365*5=730000

Then 500 for next five year = 500*365*5=912500

So if you follow above plan

You would have invested a total amount of 2,737,500

And if we assume a fix 12% interest return for every year on over investment

Which may be variable in case of SIP, but this is most efficient way of investment now days.

 

It has been found that

Any long term investment gives at least 12% of interest.

So we took least one…

And calculated the whole investment with compound interest logic

The amount was surprisingly good…

Congratulations!!

You are a Millionaire now

You have saved  10,897,284…..

More than 10 million. But you noticed?

That you have already invested 2 million…

it means you were already having money.

Which you may have wasted.

But here you invested and multiplied.

It is game of numbers …. 

What you need to do is Play