How to to make a million?

[INeedChocolateToday]

I'm sick of working non stop, extra hours, long hours , never seeing my husband who works super hard too.

I want to spend more time with my children, get off the treadmill of modern life.

Any ideas? Lottery winnings have still yet to roll in .....

Property - buy at auction, do it up, sell it on

PS. Drove through some reeeaaaaally nice areas in Surrey today wth damn posh cars and super massive houses! How the hell? I'm a bit green eyed today

Start an MLM?

Change your life so you don’t need to make so much money.

But you have to have enough money to buy your first property and do it up...I always watch Homes under the Hammer & want to do it but don’t have a spare 200k to start with

You have to speculate to accumulate... erm.

Mostly exploit others to do the work... none of these are sounding great, are they?
Money's overrated, or sumfin!

What's an MLM ? Money Laundering M ..? Mummy's Lovely Money business?

Exactly Archie!! Hubby and I reached the conclusion today that you have to have money to make money :( privilege breeds privilege and the poorer get poorer :) If I had a bit kicking about, I could make a lot more!! But from a position of debt I feel helpless!

Multi-level Marketing. Basically a pyramid scheme. Wouldn't recommend, seeing as money doesn't buy a clear conscience.

Ahhh yes! Pyramids r not for me :) something workable and ethical more my bag! .... I fear this is where I'm going wrong! If I were a lying ignorant narcissist like Trump I might just be rolling in gold right now

Hard work and sacrifice in our case.

Of course, it's no guarantee. A lot of people work a lot harder than us and never reap the rewards they deserve for their work.

Hi Happenedforareason - if it's not rude to ask, what is your work? Or what's the general area? I don't mind hard graft - but currently it's a lot of hard graft for not a lot of reward! And just feel stuck on a teadmill of hard work and exhaustion from which I can't escape .... (same for DH who works weekends, so we never have family time :( ..)

If I had my time again, with the benefit of hindsight, I'd have banded together with like minded friends, pooled resources and gone up the property renovation route.

Change your life so you don’t need to make so much money

^^ This. If you own a house with equity somewhere expensive, sell up and buy somewhere cheaper outright and use the released equity to subsidise your lifestyle. Take a lower stress part time job that doesn't take over your life.

If you spend a lot on discretionary stuff like food and drink out of the house, clothes, beauty treatments, expensive cars, lots of home decoration, gym memberships etc, cut these out or massively reduce for a simpler life that costs less to achieve.

Sell something that people want
Invent something that everyone needs.
Write a best seller.
Spend less than you earn and invest it.

sell something that people want

I would if I had anything people want!

invent something that everyone needs

Been trying! but I'm not that clever!

@INeedChocolateToday, I'm not Happened, but I will hit a million within the next 3-5 years, value of my property as well as shares and bonds included, and it's all bloody hard work for me, too. I'm a professional on the partner track if it helps.

Personal assessment: not worth it purely for the money, I do it because I enjoy what I do. I'd be alright with a third of what I make and no bonus, actually (though I'm hardly going to complain about them paying me more than that).

Try to find enjoyment in work.

I work from home, 20 hours a week, 50K profit a year, and I love what I do.
No treadmill here.

Speak out - 50k profit a year?????? On 20 hours a week????? What do u do? :)

I make and sell craft items.

With the benefit of hindsight I would have bought a house in London 25 years ago, then sold it last year. I would never need to work again. Unfortunately I missed that boat.

Mmh. Ever read the '4 hour work week'?

It depends on what you're prepared to sacrifice, really. You don't need millions to achieve the lifestyle you want.

Is the issue that you need to re-configure your finances in order to live more within your means or that you're in search of a cunning plan to become a millionaire?

If the latter then GLWT; if the former there are quite some savvy MNetters that could advise on that.

I have a feeling @speakout probably does cams and sells used knickers and shoes rather than an etsy shop. Unless she has very good crafty buyer contacts.

DH's business cleared a million last year for the first time. It's been in the six figure region for 8/9 years but gradually increasing by 100k or so each year. He grew up incredibly privileged (one birthday party was held in San Fransisco at a zoo - they flew his friends out there which sounds the absolute height of madness to someone who spent the first ten years of their life in foster care) and I occasionally wonder if he'd been born into a 'normal' family would he have had the same amount of success. I doubt it; he comes from a high-flying family where everyone gets a sort of leg-up at the start. He also works away, works incredibly long hours but loves what he does, so the 'treadmill' isn't what he'd consider hard work. He gets to pick and choose when and where he works, so takes a greater amount of time off during the DCs holidays then puts in immense amounts of hours once it's term time again.

It's easy to make money once you have money. But that disparity isn't easy to overcome if you've not got much to begin with.