Is there a quick way to become a millionaire? It's hard to give a general answer to that question because everyone is different, that's why I think there's no handbook to quickly become a millionaire that everyone can follow.

However, I think, there is the simplest formula to become a millionaire. To become a millionaire, at least you have to focus on a number of things, including;

Focus on increasing your income.

Both Revenue Flow and Value for your time (if you are currently making a minimum wage, it will be very difficult for you to reach 1 Million dollars in 5 years even if you invest everything (10 Dollars per hour is only 20k per year, landing you $ 100,000 in 5 years if you save everything

Focus on investing more than your money.

The biggest lie ever told is to save your money, what's the point of saving your money? The best idea is to invest your money! Albert Einstein said that the best compound interest is the eighth miracle of the world. He who understands, gets him who doesn't pay "So invest your money

Get a higher rate of return for the money you have invested.

If you invest your money in bonds, you will get less than a few index funds, or even leverage index funds. Cash in a bank account, cash invested in real estate, index funds, business, or even better invested in you.