How to Become a Millionaire (For Normal People)

<p>In this podcast, I share with you the millionaire mindsets that will change your life! &nbsp;</p> <p>Go to https://www.erafael.com/ if you want my help, coaching or mentorship :) &nbsp;</p> <p>#MillionaireMindset #MillionaireHabits #MindShift#LifeHacks #LifeTips #SelfImprovement #PersonalDevelopment #Motivation #SelfHelp &nbsp;</p> <p>Subscribe to my YouTube: https://www.youtube.com/rafaeleliassen/ Follow me on Instagram: https://www.instagram.com/rafaeleliassen/ Listen to&nbsp;</p> <p>My Podcast: https://anchor.fm/rafael-eliassen&nbsp;</p> <p>Read my Quora Answers: https://www.quora.com/profile/Rafael-Eliassen &nbsp;</p> <p>What are some ways that a "normal" person could become a millionaire? &nbsp;</p> <p>You must begin to think in 2nd and 3rd order consequences. &nbsp;</p> <p>“Normal people” make decisions based on what feels good right now, or what they can do to avoid feeling uncomfortable right now. &nbsp;</p> <p>Millionaires, on the other hand, do what is uncomfortable and doesn’t feel good right now to get what they really want in the long run. &nbsp;</p> <p>This means sacrificing short term pleasure today in exchange for delayed gratification in the future. &nbsp;</p> <p>Some ways you can do that starting today: &nbsp;Invest 25% of your monthly income in an index fund (self-imposed tax) Live below your means by cutting expenses (downgrades) Educate yourself and spend hours daily honing your craft (sacrifices)&nbsp;</p> <p>Q: Do these sound like fun to you?</p> <p>&nbsp;A: Not if you’re thinking short-term.&nbsp;</p> <p>&nbsp;If you ate a 500 calorie tub of ice-cream every evening for 30 days straight… &nbsp;First order consequence: It tastes delicious. &nbsp;Second order consequence: You experience a rush and struggle to sleep, a light headache sets in after a while before you feel the inevitable sugar crash. &nbsp;</p> <p>Third order consequence: You’ve developed an addiction to sugar, you’re gaining a significant amount of weight and your energy levels are dropping. &nbsp;Contrast this with a habit