After all, how do you go about eating an elephant?įirst-time marathon runners don't wake up one morning, strap on a pair of sneakers, and run 26.219 miles on their first attempt. It's a great idea to break a larger goal into smaller chunks. What if we could show you how to make a million dollars within the next five years? How To Make a Million Dollars: Start With Bite-Sized Goals But you would have a nice household income to maintain a comfortable lifestyle for yourself and your family.īut maybe you're not willing to wait until you're at your retirement age of 65? After all, why wait until you're too old to enjoy the money you've squirreled away? That amount of cash doesn't mean you can go traveling the world and spending like there's no tomorrow. One million dollars is more money than most of you have ever had in your checking account and, in theory, it's enough money for you to quit your job and retire early. You also automatically earn the title of “millionaire.” And that's something you aspire to because it means you “made it” in life. That's probably because they see it as being enough money for retirement, or to live the lifestyle of their dreams. Achieving a net worth of one million dollars is a goal a lot of people share.