3) Develop a Financial Plan
Developing a strong financial plan may seem like an obvious first step. But losing sight of a vague plan can be easier than you think. This is especially the case when you come into either difficult or extremely fortunate times. Either can lead to loss of discretion in terms of struggling to get by or struggling to hold back. However, writing out your plan will help you keep it in mind. It is important to develop a plan that is realistic and followable. It must allow you to spend what you need to live comfortably without overindulging. Otherwise, you may end up breaking it and becoming discouraged. If you are unsure of how to proceed, there are resources available that you can seek out for help. The more you follow your plan, the more confident and ready you will be to become a millionaire!