MyMoney Online, Personal Finance with Warren Ingram

How to make your first R1 million (after that it just becomes so much easier)

The first million makes the second so much easier!

Warren Ingram, Galileo Capital

Have you ever wondered how wealthy (or “rich”, or “financially free”; call it what you will) people actually made their first million?

Personal finance expert Warren Ingram, a regular on The Money Show, penned an easy-to-understand guide entitled “How to Make Your First Million”.

In this book Ingram shows how different kinds of people have made their fortunes in their own unique way, thus allowing you to find a method that works for you.

We would all like to reach a stage where we are able to live off the income from our savings and investments.

Unfortunately, just five out of every 100 people reach that stage.

This highly accessible book is aimed at anyone who wants to learn how to make their first million in savings.

The book provides real examples of ordinary people who have reached their financial goals and explains how you can do the same.

It also provides practical ways of setting goals and keeping yourself motivated to achieve them, especially in tough times.

“How to Make Your First Million” provides people from all walks of life with practical information on how to achieve financial freedom in a range of different ways and shows that it is possible for almost everyone with a reasonable job to be financially free.

The Money Show’s Bruce Whitfield interviewed Ingram about his book.

Listen to the interview in the YouTube clip below (and/or scroll down for more quotes from it).

It’s undoubtedly necessary to make sacrifices.

Warren Ingram, Galileo Capital

You’ll set yourself up for the rest of your life if you start investing early.

Warren Ingram, Galileo Capital

The profits from the book go towards The Serendipity Trust that funds education.

Warren Ingram, Galileo Capital

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : How to make your first R1 million (after that it just becomes so much easier)


Recommended

by NEWSROOM AI
Read More
What is better right now; money in the bank or investing in shares?

What is better right now; money in the bank or investing in shares?

Personal finance expert Warren Ingram offers a definitive answer with an explanation ordinary people can understand.

Cell C is stumbling

Cell C is stumbling

Cell C is facing severe financial difficulties and suspicions of “irregular business practices”, says its CEO Douglas Stevenson.

Paying off your credit card every month to avoid interest? The banks are sneaky…

Paying off your credit card every month to avoid interest? The banks are sneaky…

Consumer journalist Wendy Knowler warns prudent credit card holders to keep tabs on their banks. In this case, it’s FNB.

Investments are pouring into South Africa from abroad again

Investments are pouring into South Africa from abroad again

There’s been a sharp recovery in foreign direct investments into South Africa. Arabile Gumede interviews EY’s Sandile Hlophe.

Africa unites to form the largest free trade area in the world

Africa unites to form the largest free trade area in the world

The African Union expects the African Continental Free Trade Area to boost intra-African trade by 60% in the next three years.

Small business owner, nobody will save!

Small business owner, nobody will save!

There are no shortcuts. Beware of "White Knights and Silver Bullets", warns Aurik Business Accelerator founder Pavlo Phitidis.

Popular articles
How Christo Wiese became the richest in SA, and how it all came crashing down

How Christo Wiese became the richest in SA, and how it all came crashing down

The Money Show’s Bruce Whitfield interviews TJ Strydom, author of “Christo Wiese - Risk And Riches”.

'We find connections between gangs in Cape Town, Johannesburg and Durban'

'We find connections between gangs in Cape Town, Johannesburg and Durban'

Global Initiative against Transnational Organised Crime's Simone Haysom says gangs operate far broader than the Western Cape.

'I should have told the Sunday Times the pot smoking was irrelevant'

'I should have told the Sunday Times the pot smoking was irrelevant'

Investigative journalist Jacques Pauw says he's sorry for any harm caused in his article on Mkhwebane and her principal witness.

I decided to make this Rihanna song with my maskandi vision - Mbuzeni Mkhize

I decided to make this Rihanna song with my maskandi vision - Mbuzeni Mkhize

After South African star Mbuzeni Mkhize performed a remix of Rihanna's track 'Diamonds' she contacted him to collaborate with her.

SANDF deployment costs on Cape Flats not high - military expert

SANDF deployment costs on Cape Flats not high - military expert

Defence expert Helmoed Heitman says the move may mean the military may not have enough infantry to patrol the countries borders.

W Cape SANDF deployment - Crime deterrent or a case of 'hell might break loose'?

W Cape SANDF deployment - Crime deterrent or a case of 'hell might break loose'?

Nyanga CPF welcomes army presence while SU's Ntsikelelo Breakfast warns officers' military training could backfire.

[LISTEN] The truth about life on the Cape Flats...by the people who live there

[LISTEN] The truth about life on the Cape Flats...by the people who live there

Residents living on the crime-ridden Cape Flats share their first-hand experiences of life in 'apartheid's dumping ground'.