How George can become a millionaire — and you too

I recently watched a video made by Johnny Harris in which a guy named George makes $25,000 a year as a full-time security guard in Atlanta, Georgia.

You can watch it here.
https://www.youtube.com/watch?v=NfMdvee5HoY&ab_channel=JohnnyHarris

Johnny explains how George essentially spends his entire income and lives paycheck to paycheck. If he ever has a medical emergency, he cannot work, and he will go bankrupt and go into debt which he cannot afford to pay back.
Many people in George’s situation.

It is absolutely possible to become a millionaire and achieve your financial dreams.
You don't need to be extremely intelligent, you don't need an obsessive personality, or great connections.
Here's how George can become a millionaire — and how you can too.

There are three steps to this process. Here's step one.
George needs to be able to save a few thousand dollars. This is by far the hardest step of the three.
There are only two things he can do: he can increase his income and reduce his expenses.

If I were George, the first thing I would do is move out of Atlanta, Georgia. It is the most expensive cities in the state, which means that the cost of living is high.
I would move to a smaller city or town where I can also be a security guard and make the same money, but spend less money.

When you have almost no money, you have to be as frugal as possible. That means you only buy the clothes you really need, you avoid going to nice restaurants or indulging in luxury.
Nothing wrong with having a Netflix subscription and a gym membership, but the more frugal you can be, the faster you'll get out of this hole.

By moving away and cutting costs, George can save ~450 dollars per month and start saving up.
But that's not enough. George has to improve his income.

So how does he do that?
Let's assume that George is 30 years old, he's healthy, has a driver's license and an old car, but he lives alone. He cannot crash on a friend's couch or live with his parents. If he could, he definitely should, so he saves money on rent. That would likely save him a third of his income every single month, which would allow him to save $5,000 very quickly.

A basic job will never make you a ton of money, so you simply have to work more hours.
This is not sustainable for decades. It's just meant to make more than you spend in the beginning.
George can work more than 40 hours a week as a security guard, or he can pick up a second job. He can deliver packages or food, work at a grocery store, or cut lawns and pocket some extra money.

Let’s say he makes another $150 doing this per week. That's about $600 a month.
After about eight months, he will get to his target $5,000.

He's on step two.
If George were to have to pay for an emergency, he can probably cover it, which means that he can avoid high-interest debt that will be difficult to ever pay off.

Now it's time to invest in yourself.

George cannot save any more money, but he can increase his income.
However, if he keeps working the same jobs, it will be difficult to invest in himself and increase his income. So it's time for him to learn new skills.

He can sell his old car, and spend an additional $5,000 on a nicer car and start driving Uber.
An Uber driver in Georgia makes about $19.50 per hour, rather than $12.50 as a security guard. Let's call it $20, and that doesn't even include tips.

So George has now increased his income by about 40% just by upgrading his job. Driving Uber is simple, and given that he's healthy, it's easy for him to do.
If we add 60% to his $25,000 income, now we're at $40,000. Granted, taxes will be a little bit higher, and even your expenses will be a little bit higher.

George can now loosen the belt a little bit and go back to pending $25,000 a year, and save $15,000 every single year. Minus taxes and expenses, let’s call it $10.000.

He can buy slightly nicer clothes, go on an occasional dinner date, and a little bit of luxury here and there. But he's still got to be very cautious.
George should continue to drive Uber as many hours as he possibly can to speed up the process of saving. The more you've got saved up, the lower the chance you'll end up in debt.

George can do the same thing once again.
Let's say he's always been into computers and he likes programming. George can go to skill-learning websites and get a subscription. Or he can be taught privately.
There are many courses online in which you can learn how to be a programmer or similar valuable skills.

He can drive Uber and, and in his free time, slowly learn how to become a programmer.
Let's say a year later he's got the qualifications and he can start charging $30 an hour. We're up 50% in income. So now we go from $40,000 a year to about $60,00 a year.

Again, taxes will go up. But in this example, your expenses may actually go down because you don't have to pay for fuel and you can go back to having a cheaper car.
George can add $5,000 to his budget and spend $30,000 a year. He will still be saving ~17.000 dollars a year, including his new life style and higher taxes.

And you can just continue this process.

George can specialize into a niche form of programming that makes him $40 an hour because not many people have those skills.
Maybe he says, “This is enough. I cannot do any more than this, and I’m happy with my income.”

And then it's time to just continue to work hard and save up. And he will be saving up quickly. The more money you make, the more money you can spend. But it's important to spend cautiously and not change your lifestyle too much just because you've made a bit of money.

Step 3. Once George has money lying around that he's no longer using to invest in himself, that’s when you start investing
Had he put that $5,000 into the stock market, he would have generated about ~$500 a year in return. That will not get him anywhere.
But if he's got $50,000 in his bank account and he's not using it anyway, now he's making $5,000 a year doing almost nothing.

Many people, especially in America, live paycheck to paycheck. Even people who have a substantially higher income.

You don't need exceptional intelligence to become a millionaire. You need hard work, consistency, and a bit of knowledge.

The problem goes much deeper than just working hard and saving.
Social media exposure to fancy things can brainwash you into thinking that if you don't have the latest and greatest things, you're not a cool person. Some people will be triggered by those impulses. Some people won't.
A lack of financial education in school sets young people up to fail, and debt collectors take advantage.
But you can beat the system.

The basic formula is simple:
You spend as little as you can.
You save up.
You invest in yourself to make more money.
You start saving.
You invest once again — until you're happy with where you're at.
You start saving up more money and you build a future.
You invest very carefully and show patience and restraint.

Following this gameplan, George will go from being completely broke to becoming a millionaire in about 13 years.

It won’t happen overnight, and there will be setbacks. The first few years are the hardest. Working two jobs, driving Uber, learning new skills in his spare time, and keeping his expenses low.
But once George transitions into a better-paying career, starts saving aggressively, and eventually begins investing his money in the stock market with consistent 10% annual returns, the compounding effect kicks in.

From that point on, it’s just about staying disciplined. With a stable $70,000–$80,000 income and a savings rate of around $35,000 per year, it takes less than a decade to cross the seven-figure mark.

Notice how this applies to poker, running a business, or anything else in life.
There are no magic tricks. But with hard work and a bit of thought, you can get very far in life.

Do you need help making more money and a plan on how to invest it? I’m here for you.
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I will help guide you towards financial success.