Who wants to be a millionaire

[~bs]

As a physician, you likely know first-hand the effects on a woman's body from being in a high-stress workplace. It is totally non-PC, but I believe that women weren't generally wired for that, and are paying a heavy price for the expectations placed on them in the post-feminist world.

My wife has three sisters who have been in the work place in high stress jobs. One developed Hodgkins, one developed a benign brain tumor, one developed RA. All three are on disability now.

My wife has remained healthy overall, minus a back issue from an old high school injury from cheerleading, and she hasn't worked in 18 years now.

I agree with you there. I've been working in professional jobs for quite a while now, and it generally takes until their mid 30s or so for women to realize the "do-it-all" career women model doesn't work, and many of them eagerly want a child and man to support them while they turn into a full time homemaker. The problem is that this model is largely gone from American society unless the man can make enough money, and mid 30s is a bit late to seriously start looking for a mate. And especially one that makes enough money to support the wife plus kids.

Attempting to juggle high stress job + kids + maintaining household is way too much for many women, and they burn out. As you said, women are generally not built for continuous high stress, healthwise they struggle both mentally and physically. Of course continuous high stress isn't good for anyone, man or woman. But I think the stress screws with women's hormones badly (one reason why they may miss periods under times of high stress), and can lead to various health and other issues as texashuckster mentioned.

more recently, there's been a lot of attention on this as people realize that the feminist mantra of being able to have a career + taking care of the home + kids + don't need a hubby and still being happy was largely a lie. Women start to realize that working full time for 40 years of their life isn't nearly as rewarding as they thought, and want back into their roles as full time housewives.

http://www.dailymail.co.uk/news/article-3634473/The-job-makes-happiest-Housewife-Survey-finds-stay-home-mothers-satisfied-profession.html

[ndwilli6]

I, too, want to be a millionaire.

I'm 26 currently and am actively trying to have a net-worth greater than 1 million dollars by my 36 birthday!

Way-2-save-checking: $15,166.14 (will be lowered—plan on purchasing another property soon)…
Savings: $1,474.54
Wa-2-Save: $1,485.22
Savings: $15,000.00
Ally-Savings: $10,000.00
Ally-CD account: $2,033.33
2-CD accounts (Sallie): $5,075.33
401K: $7,231.92
About 250.00 tied in savings that I haven’t touched in about 5 years

Around $57,000.00 to $58,000.00 in various accounts – I’m so excited!

Balance Owed Value Equity Rental Earnings
Mortgage (Home #1): $133k $160k $27k
Mortgage (Home #2): $80k $120k $40k $440.00 (per month)
Mortgage (Home #3): $96k $138k $42k $430.00 (per month)

I’m buying two additional properties by end of summer 2017… and a minimum of 10 by end-of-2017. I plan to earn around $2000.00 per month from investment properties by end-of year.

Liquid Assets Wanted:
-Over $100k saved by end-of-year (cash-out refinances/aggressively saving…)
-Over $150k saved by July 2018 (selling Home #2 and #3…)
-Over $200k saved by end-of 2018 (selling Home #1)… plan to build.

Goals for 2018:
• Buying a C-STORE next summer 2018 (already have ideal selling price and location)
• Buying 10 additional properties (multi-family & single-family)
• Sell at least two properties!
• & Starting an additional business w/2 other colleagues (education)

Presently: Net worth appears to be somewhere around $100,000.00 (I had to minus student loans…)

By-end-of-year 2018: Net worth is forecasted to be somewhere around $200,000.00 (from sweat equity I’ll gain from purchases).

Any other ways to help my $$$ work for me—please let me know & I’ll do the same.

[Jcanne]

Almost 98% of all of us wanting to be a Millionaire but the question is what are you doing to make it happen? Is anyone here willing to give there ideas?

[evgeniusleo]

Almost 98% of all of us wanting to be a Millionaire but the question is what are you doing to make it happen? Is anyone here willing to give there ideas?

True, it is necessary to act!

[Gailete]

Becoming a millionaire requires the same perseverance as it takes to eat an elephant - one bite at a time. You give up wasteful habits, such a smoking (a pack a day smoker runs about $200/month for cigarettes) a latte a day probably won't help much unless you are downing 3-5 of them a day and then I would recommend water. And the list goes on for keeping from spending precious money. Then you have to figure out the best way to invest those savings, not just using them for new carpets and cars. Then find even more ways to get more income into your wallet and savings.

I don't actually have a goal of becoming a millionaire, but I am doing everything I can to increase our assets. At my age, trying to hit that elusive number isn't probably possible. However, to increase assets, I try, no matter how tight the month is, to add more to savings which consists of individual stocks and mutual funds in IRA/Roth IRA accounts.

[evgeniusleo]

I don't actually have a goal of becoming a millionaire, but I am doing everything I can to increase our assets. At my age, trying to hit that elusive number isn't probably possible. However, to increase assets, I try, no matter how tight the month is, to add more to savings which consists of individual stocks and mutual funds in IRA/Roth IRA accounts.

Good and right decision.

[Gailete]

Good and right decision.

Thank you. I was shocked a few weeks ago when I totalled up what we had set aside buy just putting aside small amounts and the power of compounding of dividends. Compared to about 12 years ago when we were flat broke with NO savings it is an impressive sum (to Me). It could actually pay off all of our bills other than the mortgage with some leftover. But I have had to cash in my retirment money twice in my life and refuse to do it again. One of the reasons I hang out here, to keep me strong. I would rather retire with $50K than nothing at all. And high hopes to retire with even more than that as I have no plans to literally 'retire' until the day I can no longer move enough to make some kind of money.