There are many ways to become a millionaire in the Philippines. We’ve heard and seen so many success stories of Pinoys who battle from the ground-zero up to the top and now enjoying the fruits of their labor. Those are the hard-working, smart and rags to riches story we usually heard. Those are the classic.
On the other hand, there are also stories and situations where an individual became millionaire in a very different way. And that’s what we are sharing on this article. Today, let me share the 10 fastest but legal ways to become a millionaire in the Philippines. Are you ready? Let’s go!
10 Fastest ways to become a millionaire in the Philippines
10. Inherit wealth
Plain and simple. If you belong to a rich and wealthy family, you can become a millionaire without literally doing anything. This is if your millionaire parents or relatives inherit you their wealth. Sounds funny but it’s one of the fastest and legal ways to become a millionaire.
The only question here is, do you have wealth to inherit? You might have, if you go with #9 below.
9. Marry a millionaire
Marrying a millionaire is another way to become millionaire. You knew that, right?
We’ve seen and heard this kind of story where a common Filipino became a millionaire instantly after marrying a multi-million business man or a millionaire foreigner from other other country and so on. It’s funny that many Filipino have this mindset. They are looking for a millionaire to marry to save them from poverty. Pitty them.
That kind of mindset will not go anywhere. Although it may succeed short term, it will not sustain long term and happy relationship. It’s common thing in this society. And the sad thing is, in most cases, the relationship and marriage didn’t last because of a weak foundation. Money!
So the best thing to do is marry the one you love. You’ll become a millionaire at heart. Cheezy!
8. Become a celebrity
One of the fastest but legal ways to become a millionaire in the Philippines is to become a celebrity. Yes of course, you have to have the looks, the talents, the guts and over-raging fans to make it happen. We’ve seen this here in our country and we know it’s possible.
There are several famous Filipino celebrity right now who’s just few years in showbiz and already millionaires. This doesn’t happen all the time but it’s possible when you have the looks and talents, this can go long way.
If you have it, what are you waiting for? Take the audition now!
7. Trade in the stock market
Trading in the stock market is risky but if you have the skills and the right mindset, it can be your “shortcut” to become a millionaire. There are traders who make millions in the stock market and live full time with their earnings. But, here’s the big BUT. You have to take note that there are also many people lose money in trading. The key is to educate yourself and adapt right mindset and excellent trading skills.
This is not recommended for beginners. Instead, you can invest in the stock market via peso cost averaging. You may also need to join a stock market seminar if you have zero knowledge on it.
6. Win in Casino
Winning in a high risk-high reward casino game can also be a way to become a millionaire. If “lucky” this can only take you couple of days or even overnight. We’ve heard stories of Filipino became a millionaire in gambling. But sad to say, they also lose it too the same way.
Again, it only prove that having the right mindset and discipline is the key to becoming and staying millionaire.
5. Create videos and get viral online
In our age today, you can become a millionaire by just uploading funny and entertaining videos online. It can be anything as long as it will provide value or entertainment to other people.
There are many Filipino made and prove this. Have you heard Mark and Rhea of Ilovemaything that earns $1M by just uploading videos on youtube?
They shoot and record videos of their children playing toys or unboxing toys and get viewed hundreds of million times around the world. How cool is that? You may check the Hulyan Maya Youtube channel story here to know the whole story.
4. Build an awesome app
Another cool and trending ways to become a millionaire is build an online app. If you have the programming skills and knowledge, you can build an app and become your business. Or you can build for someone else. This is one of the many ways you can make money online in the Philippines.
The reason it can make you a millionaire is the scalability. Imagine you can make an app, sell subscription for $1 or $2 in almost any person on earth. That’s simple computation.
Aside from subscriptions, you can also earn through ads. This is why many and many Filipino start-ups are into app development.
3. Dig a gold
Literally finding and digging gold in mines and related places can be another way to become a millionaire in the Philippines.
We know that Philippines is rich in minerals like gold that’s why mining companies and businesses are investing large amount of money in that activity. This maybe a manual and classic way of “digging millions” but can be lucrative if implemented properly.
2. Win a contest
If you have the talent(singing, acting and others), joining a national or international contest can be your way in becoming millionaire. We’ve seen many Filipino won international singing and dancing contest who became famous and millionaire.
They’re not only bringing fame and integrity to our country but earning million of dollars too. If you have what it takes, use your skills and talents to become a millionaire.
1. Win a lottery
Last but not the least on our list is winning a lottery. Filipino are very fan of sweepstakes and lotto. In fact, lotto outlet is a very lucrative business in the Philippines. Many are hoping that someday, they will win the lottery and will become a millionaire.
Too bad, there is only a slight chance you’ll win the lottery.
On the other hand, there were Filipino who luckily won the lottery and became millionaire only to lose it again after few years. Again, staying as a millionaire is a different story. It takes discipline and right mindset to keep your millions.
These are 10 of the fastest but legal ways to become a millionaire in the Philippines. Funny but truth, right? There are many ways to become a millionaire in the Philippines, these are just few. If you have something to add, share them in the comment section below.
Becoming millionaire could be easy but staying millionaire is tough. It takes discipline and right mindset. Keep in mind that investing in ourselves in the best investment of all time.
Always remember too that it’s not all about money. It’s about value you provide to your family, to other people and to the society. To our success, cheers!
These could be the Top 10 Fastest way to be a Millionaire. However if you’re really planning to be one and there’s nothing wrong with it, “Start a new business”. Be creative enough to get the best option in the field of business. And back-up your finances with a Smart Business Loan. We at Loansolutions.ph helps you to reach your goals. We backup your needs in a s easy as three ways. Start making the Smart Move today.