First Million 1 5 Steps to Financial Independence

Why? Because that is the amount of savings you will need to safely receive an income of $50,000 a year, which is the average household income in America. $1 million is the amount of money you will need to be financially independent.

What is financial independence? It is when you earn enough money from your investments that you no longer need to receive a paycheck, a pension, or Social Security to pay your monthly bills.

Financial independence should be your main goal when you drive to work each morning. It is one of the most important things for you to provide for your family. And it is something that you can achieve in your lifetime.

Does this sound impossible? It's not. You are only 5 Steps away.

First Million is the story of average people, just like you, who decided to become financially independent. They each followed the simple 5 Steps needed to earn their first $1 million. And many of them continued to follow those same 5 Steps to earn much, much more.

I invite you to take the same journey to save $1 million. I invite you to become financially independent. I invite you to eliminate your need for a paycheck, forget your worries about Social Security, and secure a safe and comfortable future. And you are just 5 Steps away.

Why would anyone want to read First Million? Because the average American is in serious financial trouble. There are thousands of statistics that cause the alarm bells to ring. Here are just a few:

-64% of Americans will not have enough savings to retire.
-The average American household has $137,063 of debt.
-The average American household has less than $18,000 in savings.
-46% of Baby Boomers have saved nothing for retirement.
-After decades of hard work, the average Generation Xer has saved only $69,000.
-And the typical Millennial has less than $5,000 in their savings account.

While separated by decades, music tastes, and waistlines, these American generations all have something in common. They have failed to save.

Why do most Americans struggle to adequately save? We certainly work hard. In fact, we are one of the hardest working societies on the planet. However, many of us fail to manage the money we work so hard to make. Why is this so?

I believe Americans are baffled by the myriad investment choices, fearful of financial complexities, and bored by the self-help tools designed for their saving success. Additionally, I believe many Americans enjoy a hyper-consumption lifestyle and feel driven to compete with their friends and neighbors by purchasing status items, expensive houses, and cars they cannot afford. Finally, Americans fail to plan sufficiently for the rising cost of healthcare, education, and household emergencies.

I wrote First Million to help others become financially independent. This is not a book about investing. It is a book about saving. The fictional stories within this book are designed to be short, entertaining, and easy to read, while conveying the life-changing wisdom needed to help you reach your financial goals.