I love the idea of a millionaire map to show the way to accumulate wealth and grow your financial independence. One of my favorite things about a map is that it doesn’t just tell you exactly how to get from here to there, but it shows you all the possibilities. Maps also help you get back on track if you lose your way. There are literally infinite ways to get from New York to LA or Seattle to Orlando.
Personal finance and travel have a lot in common. The more time you have to get to your goal, the more options there are. If you need to arrive in a few hours (approaching retirement), you better take a direct flight. However, if you have several years, you could drive across the country and stop to visit friends and see national parks along the way. You could even take the long way and arrive via London, Paris, and Ecuador.
There is no “right way” to achieve financial independence, but it won’t just happen if you don’t occasionally look at your map to see where you are and where you want to go.
You’ll want to make sure you have a high level view of the following checkpoints along your journey towards financial independence:
As you become more skilled at each of these tools, your millionaire map will become more clear. You will start avoiding dead ends and begin finding open roads. Start learning today, but don’t forget to enjoy the ride.