#45 - The Black Millionaire Roadmap

Everyday there are over 1700 people who hit the 7 figure status in their networth : they become millionaires! With just under 3,000 billionaires in the world, there seems to be an infatuation with becoming the next one; but many melanated people are still on the journey to becoming a millionaire. What is the blueprint to cracking the 7 figure mark in our net worth? How do we focus on the millionaire dollar mark as opposed to the number that sounds good? Side note : A million seconds is 12 days. A billion seconds is 31 years. Let’s take baby steps with the Millionaire Blueprint as we unpack : 

 

• Income Allocation - How much in your money do you specifically place into the buckets of investments and savings and how do you flip the switch to accelerate the process of allocating larger amounts?

 

• Personal Finance - Working through loading a fully funded emergency fund, eliminating consumer debt, a fully executed cash-flow plan, using credit properly, and understanding taxes. 

 

• Risk Management/Asset Protection - Protecting yourself against the known and unknown threats to your legacy by investing into life insurance.

 

• Your Wealth Building Milestones - Using your income to buy more assets, maxing out your retirement accounts, and funneling capital into opportunities that will take care of you in the future. 

 

and so much more!

 

 

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