Becoming a millionaire may seem out of your reach, but it's possible with the right attitude and guidance. The fact of the matter is your income can only grow as quickly as you do, so you need to change your mindset to achieve your goal of becoming a millionaire.

Once you have a millionaire mind, you can't lose it, no matter what financial or business mistakes you make along the way. To get yourself there, you're going to need some structure. To help you, I've outlined the top 10 tips you should follow to become a millionaire this year.

1. Evaluate your current financial status.

You can't grow if you don't know where you currently stand, so it's time for you to put everything on paper. By physically seeing where you stand, you can make the appropriate changes to achieve your financial goals. You need to be clear about the amount your earn versus the amount you spend and create a financial plan that will help guide your next steps.

If creating this plan has made you realize you aren't satisfied with both your income and your spending habits, don't get discouraged. This is a step towards making positive changes. When creating your future plan, you need to:

Know your full income
Establish how much you spend
Be clear about where you could save
Use an online invoicing tool like sighted.com to track your finances.
Write down your financial and lifestyle goals


2. Work on increasing your current income.

Once you've created your plan and listed your financial and lifestyle goals, it's time to work out how you are going to achieve them. Realistically, you aren't going to become a millionaire by cutting back on your daily coffee; you need to work out how you are going to grow your current income.


3. Think about new revenue streams.

Millionaires rarely have only one form of revenue. In fact, many of them have more than two. Start small and find a side job that can generate more money for you on a monthly basis. 


4. Get saving.

Once you've got your income on track, you need to create a strategy whereby your income is split between your:

Living costs (bills, rent, mortgage, grocery shopping etc.)
Personal expenses (cinema, dinners out, holidays, etc.)
Savings

5. Start learning new skills.

Learning is about more than enabling you to do your current job properly; it's a way for you to become an expert in your chosen field. Additionally, it's a way for you to discuss topics with other professionals more broadly. Further, it will allow you to become a well-rounded intellectual.

You don't have to reapply to go to college to learn new skills. 


https://www.google.com.ph/amp/s/www.entrepreneur.com/amphtml/294419