How can I become a multimillionaire?????? I am 15?

Actually, hard work and school may not have so much to do with it . . . this is not to say you should quit school and not work hard, only that they are not exactly direct paths to extreme wealth . . . few people get really rich from a job working for someone else, for one thing. To get rich, you need to work "smart," not hard. Your school custodian probably works hard, yet is not likely a multimillionaire. Millions of people graduate from college with advanced degrees, but only a small percentage are multimillionaires.

Read some biographies of very financially successful people and see if you detect anything they had in common, besides luck (since there is nothing you can do about that).

Your research can probably be applied to some English paper or school research project, so you are being doubly productive!

When you get older, you may realize being rich isn't nearly as important as lots of other things, like your health and loved ones, but I'm not saying it's bad.

Start by investing in your most important asset: Your mind

1. Doing well in school and getting an education in a high-paying profession such as doctor, lawyer, economist, etc. will give you a head-start and a safe economic position.

2. Learn about basic economics such as Compound interest and investment strategies.

3. Develop yourself all your life. Increase your professional skills, leadership skills, financial skills, social skills and general life skills. Making yourself valuable will increase your chances regardless of your path to riches.

4. Develop a vision; why should you become wealthy? Based on this, set your goals. You wont rise up unless you are able to build and focus your ambition.

5. Stay healthy; It is very important to stay healthy in your endeavour to become rich. This will enable you to work hard and also increase your life span increasing your earning period. On the other hand, you will be able to reduce the cost on health care.

Invest

1. Start investing as early as possible. Do not wait until you have "enough" money to invest. You will end up with a larger account in the end if you start investing a small amount early and keep adding more regularly.

2. Make smart investments

1. For safety: Stay as debt free as possible. A paid-for education and a paid-off house will enable you to invest more money in the stock market or your own business. Only gear up low-risk investments with loans.

2. Starting now is better than never starting. The power of compound interest can make anyone wealthy. Example: Investing only $10 every year at 15 % annual profit will give you over $1.3 million after 70 years.

Start Your Own Business

1. It is always better to be an employer than an employee, if you are disciplined and able to devote time and money. Learn all you can about running a business. Take a class. Ask an experienced business owner for advice. Be careful, though. Many businesses fail, especially in their first year. You could end up with considerable debt, no savings, and no benefits. Get help!

2. Entrepeneurs make up the majority of millionaires, it is high risk, but it is also the most likely way to become truly wealthy. Few people amass great wealth through other means. Less than 1 % become a millionaire through "other" means such as being a rockstar, winning the lottery, etc. So unless you inherit wealth your best shot is doing this.

3. Note that you can start your own business part-time. For example by going into real estate, purchasing, renovating and selling homes is a common way for building wealth for people without money to invest.

Be Smart

1. Learn about budgeting, credit, and debt. Learn how credit cards work! If you get into debt early it can sabotage your progress.

2. Put an amount of money in the bank monthly. 10, 20, 30 dollars is good - $100 is better. By the time you get old, retirement would be easy. (See segment about compound interest).

3. If you are in college and can't afford an apartment and don't like those nasty dorms, then gather with 3 or 4 people, and buy a good sized house while splitting the payment. It'd probably cost less than a apartment.

the different individual is nice. an excellent kind of wealthy people have worked their toughest and have taken very enormous adverse aspects to advance into wealthy. some people inherit the money or win it in lotteries. some people come across something (alongside with while people come across gold or oil of their sources). some people construct companies, invent issues, etc. some people flow to college for YEARS, have an excellent activity, then construct an investment portfolio etc. I also have a query for you. I understand that being wealthy has this type of good kind of reward and luxuries, yet once you will finally end up being wealthy from a activity which you certainly hate then why difficulty? I advise you come across out what you're passionate for and decide for it, no depend if or no longer you advance into wealthy. there are so lots extra issues in life that would make you pleased with or without money. good success!

There are seminars and I am sure, websites........that lay out a very specific plan.......and the sooner you start..........the sooner you become a millionaire.

I wish I knew this at 15!

It's all about simple SAVING, and letting interest compound annually. In as little as 20 years........you'd be amazed how much just a little money tucked away, each year, will grow and grow.

Most teens just spend and spend...........but if you LEARN how to save and budget........and forget the $125. concert tickets.........you CAN achieve impressive results by the time you are still in your 30's.

Stay away from Pyramid schemes, Ponzi schemes, Amway........Herbalife........all that nonsense............

just simple savings and smart budgeting.....

Good Luck. And when you are rich.........try to remember the poor guy who gave ya the good advice, okay?

( Hey.....it was BRUCE SPRINGSTEEN.......I HAD to go!)

a chance to hear Rosalita, performed LIVE?

yeah well..........all things considered.......perhaps YOUR idea is better.

OK since you don't want to put in the hard work and school then here are some other ways.

Win it, inherit it, marry it, sue for it. The only professions that require no education and pay that kind of money are:

Professional sports, entertainment, writer, model, etc.

Rosie Odonnell doesn't have a brain in her head and she is a multi-millionaire so go for it kid.

If you put $2,000 in your bank account every year, for 20 years, with interests rates and stuff, within 20 years, you will be a millionaire. Placing more than that will probably put you in a multi millionaire.

Lottery? Grand Larceny? Some wild money-making scheme?

Hey, you wanted original ideas.

all the above is true. save as much as you can aford to and dont touch it untill your 60. good luck .

do excellent in school and go to college into something that makes lots of money..

Come up with an ingenious new invention.