February 5, 2019

How to Become a Millionaire

Posted in: Book Reviews

Growing up, I loved books!  I would read entire books in one day because I just couldn’t put it down.  Somewhere in middle school, I began to hate reading because school forces you to read books that you don’t want to read.  That lasted all through high school and part of college.  I actually enjoyed some of the required reading in college.  Now, many years after grad school, I am starting to love reading again.

Weston and I started reading books together last year and it was a game changer!  We both love setting goals and reading about business and finance (I know, super nerdy, right?).  We didn’t really stick to a plan last year, but we did manage to read 6 books together.  This year, we decided to read at least one book per month and you voted on Instagram that you wanted to read my review of these books!  I will share why I chose each book, what the book is about, and what I learned from reading it.  I hope this will encourage you to start reading too!

1. Why I chose this book

If you have followed me for a while, you probably know that Weston and I are huge fans of Dave Ramsey.  Like, he is one of three people I would fangirl over haha.  (Read about how Dave Ramsey’s Financial Peace University helped us pay off $135,000 in debt in less than 5 years here).  When Dave announced that Chris Hogan (one of the Ramsey personalities) would be releasing a book called Everyday Millionaires, we knew we had to read it!  We love Chris Hogan too and we can’t wait to read his book, Retire Inspired, later this year.  We are also on baby step 4 right now, so both of Chris Hogan’s books were perfect timing for this baby step!

2. What this book is about

Everyday Millionaires is the result of years of studying 10,000 net-worth millionaires across the U.S.  Their findings were surprising to us – one third of millionaires never had a six-figure income.  The top three occupations for millionaires were engineers, accountants, and teachers!  Many of them started with nothing and built their wealth through tools that are available to the majority of working people – retirement plans.  Chris Hogan debunks many of the myths we have been told about millionaires and shows us the truth.  He teaches you what to do (and what not to do) to become a millionaire.

3. What I learned

I learned that Weston and I could easily become millionaires if we stick to Dave Ramsey’s baby steps!  I never would have imagined that we could become millionaires, but Chris Hogan made me believe it is possible.  Weston and I set up a retirement account for my photography business a couple of weeks ago and our Roth IRAs and now I truly believe that we can retire well and leave a legacy for future generations.  The important thing to remember is that most people do not become millionaires overnight.  It takes years (read decades) of diligently saving money for the future.  I can’t wait to see how our lives are 30 years from now when we reap the rewards of our hard work!  Baby step 7, here we come!

If there’s one thing I want you to take from this post, it’s that you need to save for retirement and you need to do it TODAY (assuming you are debt-free) if you haven’t already started.  You can order a copy of Chris Hogan’s book here if you need a little more convincing that ANYONE can become a millionaire.  Just so you know, this is an Amazon affiliate link.

  1. Demetres Rush says:

    My name is Demetres Rush. I took financial peace university while I was incarcerated. To the best of my ability I have been implementing the teachings of Mr. Ramsey. However, as a felon it is becoming nearly impossible to find gainful employment. Currently, I am in school with the end goal of becoming a lawyer.

  2. BlueCat49 says:

    Have you reviewed The Millionaire Nextdoor?

    • Ashley Mason says:

      I haven’t read that one yet! I don’t have plans to do more book reviews on my blog though because I decided to focus solely on photography, family, and travel-related posts.

  3. Daniel Martey says:

    l want to learn more about millionaires and to become one,what is the way forward.

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