# Invest \$10 Per Day and Become a ‘Millionaire’ This method is one of the easiest way to become a millionaire. In this method, it will take you a little more time to make a millionaire, but this method is very effective And in this way you will also know the power of investing and compounding.

## Is this possible with me?

Yes, it is Possible

Then How?

Like I said that by saving only 10 dollars every day and investing it, you can become a millionaire.

## Live Example:

This is a true story of a man named Robert living in Ohio. Robert saved \$10 a day in the S&P 500 for 30 years beginning in 1992, and Every year increase my savings by 5% till today Robert without much extra work, according to the data of 2021 Robert has 1,068,977.95 dollars or he is also a Millionaire today.

So now let’s talk about how you can become a millionaire by investing just \$10 per day.

\$10 per month means: \$300

## Investment Calculation:

• Invest this money in S&P 500 index or any other mutual funds for the next 30 years.
• In this example, we are assuming that we get a return of 10% every year and Every year you are telling your investment value by 5%, then with the help of their given graph and table, how will your money be saved.

### Table Presentation

According to the table, your invested amount in 10 years will be \$45,279.96 and the profit will be \$29,002.61 and the total amount will be \$74,282.57.

Invested Amount + Profit = Total Amount
\$45,279.96 + \$29,002.61 = \$74,282.57

And as mentioned in the table, in 20 years your invested amount will be \$119,034.72 and the profit will be \$203,047.15 and the total amount will be \$74,282.57.

Invested Amount + Profit = Total Amount
\$119,034.72 + \$203,047.15 = \$322,081.87

And as mentioned in the table, in 30 years your invested amount will be \$239,173.32 and the profit will be \$829,804.63 and the total amount will be \$1,068,977.95.

Invested Amount + Profit = Total Amount
\$239,173.32 + \$829,804.63 = \$1,068,977.95