GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.

Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’ve got the option to read more about oureditorial guidelinesand our products and servicesreview methodology.
There are plenty of people making a LOT of money who live paycheck to paycheck.
Interesting facts, but how does one become a millionaire without earning a ton of money?
Ramsey has some advice for that, too.
From a survey of 10,000 millionaires, Ramsey found there were eight habits they had in common.
Heres what Ramsey suggests millionaires have in common.
Instead, save up for what you want so you’ve got the option to buy with cash.
Invest Regularly
And start today.
The earlier you start, the more time you have to take advantage of compound interest.
Automating your savings makes it easier to save regularly without feeling the pinch.
Earn More
There are two ways to improve your financial position: earn more or spend less.
If you do both, youll get there faster.
Ask for a raise, apply for that promotion, or pick up a side gig for more income.
Keep Your Eyes on the Prize
Look at every expenditure and evaluate it against your savings goal.
If its less important than reaching your goal, pass it up.
More From GOBankingRates
Share This Article: