My stairway to finance heaven

Follow these simple steps to become a millionaire

- with WARREN SHUTE

It may seem silly to ask such a question in the current economic climate but some say more millionaires are created in difficult times than other times.

I am not sure how true this is but I have learned that having a clear goal and taking consistent steps to work towards it will increase your chances.

You may have seen success stories on TV and social media but maybe those people inherited their money or won the lottery.

I have good news for you - you can become a millionaire and it has nothing to do with your family's money or your education, it has everything to do with you.

If you follow these steps, you will be on your way.

Stay away from debt

From cars to clothes and houses you can get a loan for pretty much anything nowadays. There is this idea floating around our culture that you should get what you want whenever you want it.

Buy it now, pay for it later.

But here is the thing: debt is quicksand to your financial success. Every time you buy something on credit, you are digging a deeper hole for yourself.