The fact of the matter is, you CAN make a million dollars, and most Americans DO. The problem is where the money goes.

For whatever reason, $1,000,000 is a magic number that we strive for to think we’re “rich”, but in theory, a million dollars isn’t really that much. As such, most working Americans with a semi decent job WILL make a million dollars or more in their career.

As you’re thinking, “I don’t know who you’re talking about”, consider my point. In today’s money, $50,000 (US) is an “average” job. With $50,000 per year, you are surely not living large, but think about how it adds up over time. If you have a job where you make $50,000 per year, over 20 years that amounts to ONE MILLION DOLLARS. 

For the rest of the world to understand, $50,000 isn’t too far over the poverty line in the United States, especially if you have a family.

Now, let’s take it a step further. Let’s say you have a pretty good job where you make $75,000. Now we’re talking just 14 years to a million. $100,000? A mere ten years. If you make more than that, you get the picture. If you started working earlier in life, or if you’ve been working for a long time, you’re probably close to having made a million, or already there. It’s not out of reach, assuming you have a job.

$1,000,000 isn’t hard to acquire, it’s hard to keep.

Think about where your money goes. Sadly, we often throw away our money away on things that hinder our quest for being rich. And of course, money is often taken from us (taxes), which hinders us even more. It’d be tough to figure out how much money we’ve paid in tax throughout our lives, but when you factor in the cost of income tax and how much we’ve paid in various sales tax, let’s just agree it’s probably a LOT.

Then there’s the outrageous interest we pay on things like houses and credit cards. That adds up too. Again, it’s probably way more than we want to acknowledge. We all know what happens next; “I need more money.

But if you’re thinking, “I can’t wait ten years to get $1,000,000”, I can make it easier for you.

Get married.

Regardless of how you look at marriage, it will cut your journey to a million in half, if you combine your finances.

Don’t want to give up the freedom of single life?

Maybe you need to rethink where your money goes.

Those $7.00 daily coffees, and double, or triple digit bar tabs might also be slowing down your financial journey. So are the expensive trips to your favorite restaurant. We have to eat, and we should make ourselves happy once in a while, but you need to redefine what what’s impyou truly want if you ever expect to live that million dollar life.

Just like when you do your taxes each year (assuming you pay taxes), it’s sickening to see how much you’ve made when you have nothing to show for it. I’ve asked myself time and again where all my money went.

As with most of my writing, everything is about perspective.

If you want to put your life into perspective, check out this website:

The website shows how you compare financially to the rest of the world. Surprisingly, even if you don’t make that much money, you’ll find you are still much better off than the majority of the world.

Keep that in mind the next time you think you’re poor…

~ Marty ~