How to be a Millionaire?
I was thinking I bought my first pint of beer too many years to remember. I paid 1/11d in old money, about 10p into days money. Today in my local I paid £3.20 a pint.
This represents a 3200% increase.
I bought my first house for £6000, since moved on. But I noticed the house that I once owned was on the market for £200k.
This represents a 3333% increase
I bought my first new car for the princely sum of £800. A similar car with a much higher specification and economy [30mpg to 55mpg] I can now buy this car for £9500
This represents a 1187% increase
So with a combination of interest, inflation and time we can all become millionaires.