How to Turn $2,000/Mo on Medium Into $1,145,450

No, seriously. Becoming a millionaire isn’t as hard as it sounds as long as you follow these concepts.

$2,000 might sound like a lot of money to you. It might not.

Either way, earning $2,000 a month on a platform like Medium is completely doable.

It takes time and persistence, but being able to create passive income by typing words on a screen is worth it.

But this isn’t an article on how to make $2,000 a month on Medium —

There’s plenty of those out there (hint — the answer is discipline).

It’s an article on how that $2,000 turns into $1,000,000.

So how do you do it?

Its all through the power of compounding.

Here’s an example:

Let’s say you open up a brand new account for the purpose of becoming a millionaire.

We’ll keep it simple and call it the “Millionaire Fund.”

Great. Now you have a place to put your hard-earned Medium money.

Once you start earning $2,000 a month on Medium, take that money and invest it into a safe index or mutual fund (or whatever you like to invest in).

Below you can see how it looks:

Now with each month, you can reinvest your Medium earnings into the safe investment of your choice.

In this example we assume that your investment compounds and makes at least 5% annually.

By the end of year 25, you’ll have $1,145,450.

Pretty cool.

If you did nothing other than put that $2,000/month into your bank account, you’d still have $600,000 by year 25.

This is also considering that you make no other investments during the course of your life.

With the power of compounding and income from Medium, you can touch a million in due time. Cheers.