Number ONE Secret on How to become a Millionaire

Do you know the number one secret on how to become a millionaire?
Hello, this is Noel Dalmacio, your ultimate CPA at lowermytaxnow.com.
The number one secret on how to become a millionaire
is to practice “paying yourself first”.
That means, you pay yourself first by automatically funding a retirement account
and transferring money in your savings account.
That way, before you even have access to your accounts, you already took steps in securing your financial future.
This is a perfect segue to discuss retirement plans.So for 2016, you can contribute $18,000 to your 401(k), plus another $6,000, if your 50 years old or older.
Taking full advantage of allowable contributions and any employer matching is still a good idea. Since contributions you make to your retirement plan reduce your taxable income and also help you build your retirement portfolio.
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Until then, this is Noel Dalmacio, your ultimate CPA at lowermytaxnow.com