Over at Budgets are Sexy, J Money's Million Dollar Club has inspired me to come up with a realistic plan (a list of goals) that will assist me on my way to becoming a millionaire.

Million Dollar Club

Here's what I pledge to do:

1. Finish law school, with no more than $50,000 in student debt (total).
2. Pay off 60% of that debt within the first year (doable if I live at home for the first year).
3. Put away at least 35% of my net pay into a savings, RRSPs or investment accounts each month thereafter.
4. Max out my RRSP contributions each and every year, and reinvest the tax savings.
5. Purchase my house as soon as I am able to do so, and never ever rent.
6. Never buy books, cars or music brand new.

Of course, there's no way of foreseeing how little (or how much) money I will end up making after graduation, as that will largely depend on the sector or industry I end up working in. Therefore, this list is subject to change at a later date.

If anyone has any advice or constructive criticism on my list, I would love to hear it.
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