Become an eventual millionaire: Virtually everyone earns enough money or can ere~ ate enough income to become a millionaire if they are prudent savers and investors. A 401(K) or IRA can create this vehicle for you. While you're pursuing your millionaire journey in the short term, guarantee your own success by becoming an eventual mil- Tionaire in the long term. Current net worth: Unless you know exactly where you are today, you cannot begin to create your millionaire map and even start your journey, much less reach your des- tination. Establish your destination: You must know why you want to be a millionaire, what you will do with your wealth, and what you're willing to give up to get it. Establish awill: Whether you're already a millionaire or still have a negative net worth, you must have a will. If for no other reason, it will establish who raises your children or takes care of your elderly family members, if you are gone. Have a safety net fund: A cash reserve will make it possible for you to focus on your millionaire mission and avoid the inevitable annoyances in life. If you plan for bumps in the road before they appear, you will have a much smoother journey. Term life insurance: While you are building your financial future, make sure your loved ones are provided for should something happen to you. An amount of term insurance equal to 12 times your annual family expenses will make sure your family is secure if you're not able to finish your millionaire journey. Disability insurance: During your prime earning years when you will be pursuing your millionaire destination, you are much more likely to become disabled than to die, Ifyou are disabled, you are unable to provide for your family, and you have the added cost of medical expenses. Shareyour millionaire plan: Include trusted family members, colleagues, and friends in your millionaire plan as they will need to understand and buy into the commitments and sacrifices you will be making, but don't share your millionaire dreams with those who are not a part of your journey as they can become a distraction or even a negative influence. Enjoy the journey: You must sacrifice time, money, effort, and energy to become a millionaire, Set up milestone celebrations along the way so you can enjoy the trip. Allocate your resources: A percentage of every dollar you earn now and throughout your millionaire journey should be spent, a portion should be saved/invested, and a portion should be given away. WWW.THEMILLIONAIREMAP.COM