The Simple Dollar Morning Roundup: Nap Edition

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Lately, I’ve been trying to train myself to take a nap during the day, a short half hour one about two in the afternoon. My problem thus far is that I fall asleep for far too long, then I stay up later at night. Anyway, on with personal finance posts.

9 Simple Ways To Build 7 Figures These ladies stumbled across an interesting article by Anya Kamenetz, author of Generation Debt (which I reviewed recently), which discusses nine ways to get rich, the Men’s Health way? (@ no limits ladies)

Readers Offer Their Own Stories of Frugal Living See, look! I’m not the only frugal person out there – and a lot of others have good ideas, too, even if they’re not obsessive bloggers. (via frugal living journal)

How Long Will It Take For You To Be A Millionaire? According to this, and continuing my current savings levels, I would be a millionaire at age 39. (via money crashers)

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5 thoughts on “The Simple Dollar Morning Roundup: Nap Edition

  1. So, I mostly kept the default settings in the “How long will it take for you to be a millionaire?” app. Taking just a modest estimate of my savings (i.e., just counting what I am saving now, not what I will be saving when my student loans are paid off in a few years), I was told I could be a millionaire by age 56. This was the part that amused me:

    You could still be a millionaire at age 65 if

    – Decrease the amount you invest now to $0 , or
    – Decrease your monthly investment to $521 , or
    – Achieve a rate of return of 3.55%.

    Good to know how much I can lower the bar. =)

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