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5 Dos and Don'ts for Becoming a Millionaire

Julie Murphy • November 1, 2022

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If you’re reading this and looking for answers on what it takes to become a millionaire and tips to becoming a millionaire, there is something incredibly important I want you to know.


Money is energy. It’s all energetic. 


There are an abundance of ways to become a millionaire, but the core question you really want to be asking is how to achieve Real Wealth. 


True, sustainable wealth. 


Wealth that’s consistently growing as you also continue to evolve. 


After all, there are so many people out there in the world who have earned the millionaire status, but have defaulted to living a life they don’t actually love in the process. 


That isn’t to say there’s anything wrong with having the goal of becoming a millionaire! If this is you, let’s get you there! However, with these 5 tips, I’m going to show you how to go from a place of perceived financial freedom to actual financial freedom that’s fully aligned with the life you desire to live. 


So, what is the secret to becoming a millionaire? Well, let’s now break it down!


1. Understand that Income Affluence Doesn’t Lead to Financial Freedom


Many of us have become income affluent. We feel wealthy and even like we’re on the way to becoming a millionaire because we have no problem earning and attracting the cash in. The challenge comes because we lack the financial muscles to hold that money.


We then start to create leaky financial containers because our financial muscles are weak. 


So, instead of relying only on income affluence, this is instead about creating true, sustainable financial freedom.


2. Create Financial Space


Perhaps you’re in a place where you’re avoiding talking to someone about your finances?


There’s no judgment here on that! In fact, I want you to remove any blame, shame, guilt or judgment! However, it’s important to create awareness around the idea that maybe part of you doesn’t want to change your lifestyle and believes that if you just keep going, all will work out?


Does this resonate with you?


The truth is, if we don’t create financial space, at some juncture, a part of our life such as our health, relationships or finances will suffer. I’ve seen it time and time again. 


So, this is about creating that financial space in a manner that also builds a safe container around you. Where on an emotional level, you’re not triggering any of your core subconscious beliefs of not feeling worthy, not feeling good enough or not feeling loved. 


This means choosing financial actions and advice that support this goal every step of the way. 


3. Don’t Neglect the Importance of Building Your Financial Muscles


One of the major keys to becoming a millionaire is by building your financial muscles. 


Why?


Well, without this, you’ll remain stuck in your past suffering patterns and habits. 


An incredible way to begin is by implementing a process of allocating what I call ‘New Found Money’. 


New Found Money is unexpected money that you find or attract outside of your regular income. It could be a bonus, inheritance, tax return or where you choose to make savings on expenses such as old subscription services, cell plans, apps and so on. 


You take this New Found Money and you intentionally place it somewhere else that is fully aligned with the life you want to create. 


Although it can be tempting to immediately want to pay down all your debts, the real way to financial freedom is to clean up your financial past, live in the present moment and build your future all at the same time. I have many resources on this so be sure to check out my products and various coaching services if you’re looking for more in-depth guidance. 


Focusing purely on paying off your debts and past choices keeps you feeling in financial jail and we want you to feel empowered - not trapped or restricted! 


So with any New Found Money, it’s time for you to build the muscle of becoming your own bank. As an example, you could choose to fund this into a new ‘Car Payment’ account so that when it comes to making your next car purchase, you don’t have to default to doing so via debt instruments. 


This creates empowerment around your money because you know you’re becoming entirely financially self-sufficient. 


You’re energizing your money intentionally. 


4. Put it All On Autopilot


Next, choose to set things in motion. Your financial muscles won’t build and become strong unless you consciously choose to drive the engine on this part! 


Make sure that your New Found Money automatically gets deposited into your various financial intentions. Set up accounts and put it on auto-pilot. If we don’t do this and convince ourselves we’ll do it manually, left to human devices, we negotiate ourselves away and create the same suffering patterns all over again.


Building those muscles means interfacing in a different way when it comes to your money and the flow of it.


5. Moving from Perceived Financial Freedom to True Financial Freedom


The key to becoming a millionaire but also living a life of Real Wealth is moving from a place of perceived financial freedom to actual financial freedom. As I spoke about before, this is about implementing those tools that help clean up your financial past, while living in the present moment and building your future all at the same time. 


It’s where I often differ in my Julie Murphy work compared to other financial planning advice, but a process I know gets results! 


This is the only way to create sustainable wealth, avoid those leaky financial containers and continue to build your financial muscles to take you from a place of fear and lack, to one of true empowerment around your money!


With these top 5 ways to become a millionaire, it really doesn’t have to be as hard as you believe when you shift to the energy of abundance and expansion. 


You deserve to have everything your heart desires and all it takes is understanding that you get to choose how you energize your money. You get to choose the life you want to create and enjoy the financial freedom that comes in the process.


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