How can you be a millionaire starting only with a dollar?

that's some nerve from you pal. i like that.though debt free would be impossible for me i guess i had just to live up with what i can afford as of this time. Debt is persistent. You may have noticed that. Debt has a sticky quality, like gum that gets in your hair. The harder you try to get rid of it, the more of it there seems to be. When you dislodge a chunk, you can't believe how much is still left and how hard it is to clean out. anyway, everything has its end and i believe that my debts would end in its due time. i just don't lose hope.i keep telling myself to be positive about it.

We have to keep trying or get swept away by the tide! I am learning to get ahead by one decision at a time.. but my situation hasn't changed yet - my perspective and daily dealings have though - so I am thinking over time my finances will too!

thanks macdingolinger for sharing your ideas about getting debt free. i know no one can't resist the temptation of getting debt free but it's sure a hard work to do. flagella08 is right, a lot of people gets into deep debt because it's easy for them to get loans and credits rather than paying debts. It's really difficult to get out of the situation when you're trapped in getting loans just to pay for debts and interest you acquired earlier through loans also. You're really right macdingolinger that in order to be debt free you need to have a good plan and sticking with that. There's really no harm in trying that's why I'm listing my money sources and expenses so as to track in which part I could save. Aside from that, I can think of other ways to work out happily the budget. God bless and good luck on your journey to becoming debt free next year! Thanks for joining me in my journey to millions.

Haha...got your "beggar" point there peter. But I think, for the meantime, I'd rather collect all my junks and junks-to-be in my house and sell it at the junkshop or post it in e-bay. That would add to my $1. Yeah, e-book is a good start of doing business, sometimes even without a penny. But I think, if ever I'd be writing my own e-book I'll be truthful and head towards a working system rather than pretending. Thanks for joining the journey.

I like the idea of buying cheap and then selling it at a higher price. But maybe before selling it at a higher price, it needs to undergo innovation or refurbishing if applicable. Now if the item got sold, then use the same money as capital to buy cheap things, innovate, repair or refurbish, and then sell at a higher price. Now we have a cycle here. Regarding risks, well, I think every decisions we make is a risk of something and I think there's no business without a risk. Thanks Spike!