The Make Me A Millionaire App works off a simple financial planning principle, that you should pay yourself first everyday, before you pay anyone else, and saving that money thus making you a millionaire.
*** Here’s how it works ***
The app calculates how much you need to contribute and the date you will reach your million rand goal.
The Philosophy:
Pay yourself first, before you pay anybody else.
The Idea:
Save and invest the first hour you work every day.
The app does this calculation for you.
For example: A 240k income per annum would equal R125 an hour.
The app then multiplies that by 20 days worked, giving you an amount of R2500 to invest per month.
The app then calculates the day; month and year you will become a millionaire.
Next step: To implement your chosen amount and invest that money.
You do this by adding in your contact details and ID number.
You are then prompted to sign a consent form to enable a consultant to view your existing policy information along with other Insurance and Investment companies, so that a full financial review on your existing portfolio can be done.
The Aim: to make sure you have the best products and benefits.
This could also save you money, giving you more to invest, making you a millionaire… even sooner.
Here, you are introduced to your FAIS Accredited Financial advisor, go through your investment plan, and implement it with an Authorized financial services provider.
Safe, secure and simple:
Make Me A Millionaire… is that app…that will.
Disclaimer- The Make Me A Millionaire app was designed by Trent Hodges, who is an FAIS Accredited Financial advisor, and is a representative of Discovery Life ltd. The information on this app is not advice as defined and contemplated in the Financial Advisory and Intermediary Services Act, 37 of 2002, as amended. Since the information contained on this app is intended to afford general guidelines on matters of general interest, neither the information nor any opinion or view is to be regarded as financial, investment, tax, legal, accounting, actuarial, retirement or other professional advice or service. You are advised to obtain independent professional advice before taking any action whatsoever based on the information, opinions or views contained in this app. The projected dates may also be adjusted due to the selection of investment funds, market volatility, fund performance and are not guaranteed. The interest rate in the app is based on an illustrative return of 9%pa.