In this guide, we will show you everything you need to know about how to abbreviate million dollars, so keep reading!
Below you can find out 5 different methods to abbreviate million dollars,
- Method 1 – How To Scale Your Income From $0 To A Million #Makeamillionfromamillionaire
- Method 2 – Abbreviate Numbers
- Method 3 – The Fastest Way To $ 1 Million Dollars | Grant Cardone
- Method 4 – Show Numbers In Thousands Or Millions In Excel (Really Easy Way)
- Method 5 – How To Invest One Million Dollars For Retirement
Method 1 – How To Scale Your Income From $0 To A Million #Makeamillionfromamillionaire
So what youre telling me is if you lost it all youll be able to scale it all back from. Zero to a million dollars that was exactly what im telling you bro im about to break it down i. Would go literally from zero dollars all the way back to him if i lost everything so tell me bro. How do i start so the very first step right we started with zero dollars the very first step is.
Im gonna go get me a credit card with at least a five thousand ten thousand dollar limit right so. Im either go to chase navy federal usaa bank of america and ask for a credit card correct so thats. The very first step all right but i mean i got a credit card right i mean what im doing. That today step two ill give us a nine to five now me personally i was in the army six. Years and i got a few certifications i got a secret clearance i got all these things so ima just.
Ask for four thousand a month something simple right and then the next step is im gonna make my wife. Go get a job and all she need to make is at least 40 grand so right off the bat. Network go up to 88k im gonna bring in forty eight thousand four thousand a month and then im gonna. Go get my wife a job 40 000 a month were just gonna start with a basic 88k household all. Right so we got a 88k household but im trying to get to a million right how am i going.
To go from 88 000 to me so heres the first step right so like i said were going to. Be living completely off of my wifes income 40 000 right so shes going to be making about roughly 3. 300 a month right all bills we got we talking about water lights electricity food everything is going to come. Cars everything is going to come out of this 3 300 a month were going to live off her income. Right and then what were going to do is im going to get me an additional income so i already.
Got my 4 000 a month income right and then shes making 3 300 a month right so were going. To live off hers and then were going to save miles completely right but im going to get an additional. Income so this could be a second job or a side hustle but for me its going to be a. Side hustle which is barber now within this barber im going to be charging 20 ahead but im going to. Make my first initial investment of 800 right so out of my credit card right credit card limit im going.
To go spend 800 on barber equipment that includes clippers and clippers should cost no more than 100 to 200. A piece im going to have my liners then im going to have my faders right so its probably going. To be the wall seniors and then uh then im going to have you know whatever liners i like the. Baby list goes im probably going to use those right so im probably going to spend a total of 800. That includes blaze cape everything right all barber equipment so 800 right now im going to be charging 20 ahead.
Right so because i have a nine to five im going to be cutting directly after i get off work. And how im going to build that clientele is through social media right so as soon as i get off. Work my nine to five from six to ten is when im going to cut here on the weekdays and. I used to do this in the army for those who asked me right so when i was in arm. I used to get out work at five oclock and i go directly into cutting hair correct now what am.
I gonna charge twenty dollars and it takes about 30 minutes for me to cut every head right so im. Only going to be working four hours after work after i already did an eight hour shift might go work. An additional four hours right so this is what it takes to become a millionaire you gotta work you got. To put in the time when you first start off because you got to earn your freedom correct now 20. Ahead and im going to be doing eight heads on the weekdays monday through friday right and then on the.
Weekends im going to be doing double 16 heads a day right on saturday and sunday so its gonna be. 160 every day monday through friday and on the weekend im going to be making 360 dollars for two days. Right so every week im going to be making 15 20 and every month im going to be making roughly. 6 000 from cutting hair if i stay consistent through that right that is the math correct so one more. Time breakdown income so one more time heres my income im gonna be making roughly six thousand dollars a month.
Cutting hair and then four thousand dollars a month from my job so thats ten thousand for me and then. Thirty three hundred from her so we making roughly 13k as a household but were going to live off that. 3 300 per month and then were going to stack my 10 000 per month and then my goal at. The end of the year is to have 120 000 saved up while we live completely off that 40 000. That my wife making so your household is bringing in 14 000 a month you mean to tell me i.
Cant go and splurge i cant do nothing with that 14 000 nah you need discipline so heres the plan. For you were gonna cut we have no cable were not gonna be doing no outings too much unless you. Know we might have to do a birthday here too but its not we are on a strict plan of. Trying to build wealth so its going to take sacrifices which a lot of people wont do so what most. People will do right if theyre making 14k a month theyre going to spend 10 of it on their living.
Expenses but me im going to do this backwards im going to live off 4 000 and save the 10. And try to invest the 10 so yes even though im making 14k im living in a 1200 a month. Apartment and im trying to stack and save for my dreams so that is how i got here i live. Extremely below my means instead of trying to what is called lifestyle creep which is when you make a certain. Amount you live to that certain amount you live close to that certain amount so theres people out there if.
They made 14 13k as a household theyll be spending 10 or 12 trying to keep up with people like. You know im saying the jones is right and thats not what you want to do when you start from. The bottom damn so after a year you just saved 120k right in a year right whats next so i. Dont save a hundred percent of my income we living off my wife income correct so i saved 120 000. Living on 40 000 so now that i got 120k saved up its time to buy back some time because.
With time youre able to make more money so now i have to drop my nine to five because im. Gonna need those eight hours to strategize on how to flip this 120k right so im going to be dropping. That 4k a month and im going to be a part-time trader and a full-time borrower so im going home. What if i dont know how to trade all right so if you dont know how to trade right during. The time of you hustling and working you could take my one month course which is amu so were going.
To give you 30 days live trading and were going to be teaching you how to trade from a to. Z from beginner to pro were going to be teaching you everything there needs to know about technical analysis and. Fundamental analysis so that you can scale your trading account profitably and safely and then you can join my option. Trading group check and you can get some signals and you can be able to trade amongst elite pro traders. All right so now ive become a great trader from taking the amu course now lets get back to this.
120k how we gonna scale this to a million so this is how were gonna scale it were gonna break. It down into thirds so forty thousand into savings forty thousand into long term investing and then forty thousand to. My trading account so the goal is to make one percent of that forty thousand which is 400 a day. So you might have red days here and there so you might have to make a thousand or 600 or. Even like 800 because to account for your losses right so the goal is to average 400 a day so.
We can have a six figure income at the end of the trading year and how im going to do. It one more time well be making one percent per day of that 40 000 so thats going to be. Either through swing trading or scalping right so now im going to up my price to 30 ahead right so. Im going to be a part-time trader and then a full-time barber so im going to be trading from 9. 30 to 12 doing one hour break and im going to be working from one to seven right so six.
Hour shift so its going to be 2 700 per week and thats going to be 11k per month and. Im going to invest a thousand into buffering at a barber shop so im going to be pocketing 10 000. A month from cutting hair and that is 120k at the end of the year plus the 100k im making. Trading so now im making 220 a year and one more time were still living off my wifes nine to. Five income right so which is 3 300 a month and then 40k a year right so i heard you.
Mention a long term account right what we doing with that so with the long term account im going to. At least try to get 10 to 20 of my investment right so lets just say i make a cool. 20 on a year that is an additional 8 000 to our income so now were at what 348 so. Starting at year three you got 348 000 it worked right you stealing at a million years how we gonna. Get there all right so now its time to really scale this 348k into so heres what were gonna do.
Right first of all now on year three my wife can quit her job we got 348k so now we. Need all hands on deck to scale this thing to him so first thing first she quit my job and. Im going to up my trading position side so remember i took that 40 000 and then made an additional. 100k so now that account is at 140k net liquidity right so now im trying to get one percent off. That so now im going to be trying to make 1400 a day right so thats one percent of 140.
K so thats all i want per day 1400 right and then we did the math its 250 trading days. In the year 1400 today thats 350 000 net liquidity at the end of the year plus that additional 140k. Right so im going to be adding another 350 000 to my income 1400 a day on average right now. Im still going to be a full-time barber on the side so we still got that 120k coming in all. Right so at the end of year three we had 818 000.
We damn close to a million man right. How we gonna get there so now its time to quit all things right im not to do barbering and. My wife has already quit her job right so now im just going to continue to do what i did. So remember i didnt scale that trading account from 140k to an additional 350k so that is 490k so all. I need is one percent of that which is 4900 and i did the math its going to take me.
About 37 trading days to get to a m correct so once i get to a m what you can. Do is right with this m you can do other things like you can do airbnbs which i would recommend. Having two it shouldnt cost that much to start it up and then some cars like on toro and you. Need to be using the best-selling cars and the teslas are the best-selling cars and then you have g-wagons and. Then you have uh corvettes lamborghinis you know things like that of that nature land trucks as well you have.
To have a land truck if youre going to be you know im saying doing those rental car services right. And thats pretty much what i want to do just keep buying cash producing assets that make money um airbnbs. Uh toro you know im trading you know im saying then im going to create ebooks courses im probably going. To go back to the influence away if you feel me and that is how aristotle is going to start. From zero to a m and then scale it all the way up baby now i know some of you.
Jokesters are going to say what about texas now remember you do have to pay your taxes whatever it is. You might need a cpa when you start making money all of us all rich people have cpas right so. Get you a cpa and theyre going to handle your taxes try to get all the best write-offs you can. Remember you can use your office space you can use a you know dinner whenever youre out there talking business. You can use that uh you can also hire your child if you have children you know everybody talk about.
That one task had a high putting your child under your llc or whatnot and then thats another additional 12k. Not doctor taxes per child you know all types of loopholes you can do so you need to talk to. A cpa and whoever it is a tax official will help you out so i hope you guys learned a. Lot and apply this now one thing i do want to say as you can see i had skills that. Helped me scale from zero to a minute so which is barbering and trading all i can do is show.
You how aristotle would get there you know everybody has different paths different flows different strokes all right so i. Just learned a lot from this this boy aristotle hope you guys learned a lot im out i know whats. Going on man just let him know whats going on then you already know whats going on man were making. The best video in the world for the culture because i want to see everybody win im a millionaire myself. So im gonna teach yall how to scale from zero to a m you cant say nobody ever gave you.
Know you cant say nobody ever did not for you baby just get it.
Method 2 – Abbreviate Numbers
Hello everyone okay on ski here and welcome to a brand new tutorial today were gonna be going over number. Of revs:1812rpm here you can kind of hard to tell what exactly this is is it 219,000 is it two. Million right here you can clearly see it says 2.1 million and its nice and short as well so yeah. Lets get right into it im gonna go ahead and as you can see ive already set up a simple.
Gui here i just put a mug just put a gui screen gy 2 frames frame 1 and frame 2. And then each of those has a text label and then i just put a local script inside of the. First frames text label alright now that ive deleted the local script im going to go ahead and paste a. New one in our doing local script and we have a blank script so im gonna go ahead and actually. Rename this to abbreviating number and then im gonna go ahead and start off the script by declaring oops declaring.
A local number and this is just gonna be a random number i will say from 1000 to 1 million. And two things i want to do with this number right off the bat that arent related to abbreviating but. Theyre gonna help us see whats going on im gonna go ahead and print the number the original number and. Then im also gonna do script dot tarrant dot parent that parent got framed to dot text label dot text. Is equal to number and this is just gonna go ahead and put the number on the other frame just.
So we can see it has nothing with abbreviating just i just four so we can see whats going on. A little bit better okay so the first thing in abbreviating a number is we need to declare a abbreviations. Table and its going to look something like this local abbreviations equals a new table with the curly brackets and. Then im going to go ahead and organize it like that and then im going to set all of my. Abbreviations im just gonna do older four so ill do 4,000 okay im gonna do four million its a seven.
Day minimum so right here im doing the abbreviations so billion and then quadrillion and then im gonna go put. Them equal to a number of digits of the minimum amount of digits to sort of activate that abbreviation to. Choose that one so on billion its ten im just going to go up by three every single time and. Quadrillion will put 13 i knew could go on and on this only go my random number only goes from. 1,000 to 1 million so will it will only see km but you get the idea of course the minimum.
Amount of digits needed for a k for 1,000 is four digits so four digit numbers is smallest smallest number. Starting from 1,000 and then from knowing its gonna be seven digits one and then six zeros so thats seven. Digits okay now we have our abbreviations table im going to quickly make a separate text variable and this text. Is going to be taking the number right and then were going to do math dot floor on the number. And then were going to do to string on that math now florida number so basically what were doing is.
Were actually taking the number and were making sure just in case has a decimal in it were just getting. Rid of that because thats gonna mess things up and ill explain that in a minute and then were gonna. To string this number to convert it into a string of characters and what this is gonna allow us to. Do is if we do print number of text itll actually count the amount of characters in that text which. Is why its important in that its not a decimal and then in turn that ill end up becoming the.
Amount of digits thats actually in that number so if i actually do play here youll see i got a. Number i got eight hundred eighty-nine thousand seven hundred eighty nine as my random number it got printed in the. Output and then it also printed the amount of digits in it when i did number text and that it. Is six it is indeed six digits eight eight nine seven eight nine six digits and prettied out six so. We now have a way to find the amount of digits inside of the text all right now that we.
Have our text variable im going to go ahead and declare another variable called local chosen abbreviation so its gonna. Start off as nil so im not gonna sign a value to it but were actually gonna make a for. Loop that will help us figure out what the chosen abbreviation should be so its actually going to figure out. Doing k and b or quadrillion so im gonna go ahead and do four were gonna just name our key. And value pairs here so for the keys im going to call them abbreviations so for abbreviation without the s.
And then on this right side im going to call these digits so digits in pairs of deviations so were. Getting the key value pairs and abbreviations im calling the keys abbreviation and the value on the right side digits. You do so for abbreviation digits and pairs of aviations do if the number of texts so the number of. Digits in the text is greater than or equal to digits and the number of digits in the text is. Less than the amount of digits plus 3 then our chosen radiation will be that abbreviation and then well go.
Ahead and just break so whats going to happen is its going to iterate through this table if it finds. An abbreviation and digits pair where the number of texts is greater than or equal to the amount of digits. So like lets say we have a thousand which would be 4 what would be digits of 4 so this. Would be 4 right here and its gonna be greater than or equal to this pair and also less than. 4 plus 3 which is 7 its obviously theres three in between each each pair you cant just say if.
Text is greater than equal to digits because a million is greater than or equal to 7 its also greater. Or equal to 4 so we need to find the very specific one thats going to follow under these two. Conditions if the number if the number of digits is greater than equal to digits and the number of digits. Is less than digits plus 3 then we know that that chosen abbreviation would be appropriate for our number so. You know if we have thousand it would pick 4 or if we had a million and pick 7 with.
The m that would be our chosen abbreviation all right after that we want to do if chose an abbreviation. Because sometimes if you have like a number that little thats less than four if you only have a hundred. Is obviously not going to pick an abbreviation at all so we actually need to do if chose an abbreviation. Then well go ahead and say we can actually reuse the word digits here because digits was local to this. For loop so im going to go ahead and do local digits equals abbreviations chose an abbreviation so now our.
If we were to do print abbreviation our chosen radiation that would give us the k or m whatever and. Then if we did print digits here it would give four im sorry yeah four or seven it would give. The the value associated with our chosen abbreviation thats why we did abbreviations chosen radiation so now we have the. Chosen abbreviation and the digits associated with it well go ahead and do were actually going to go ahead and. Round our number before we do any formatting so we do local rounded equals math stuff floor number divided by.
10 to the power of digits minus 2 and clip and then end the math off lower parenthesis like so. So we have two sets of parenthesis here so what this part is going to do is its actually take. Our number divide it by 10 to the power of digits minus 2 so in the case if digits was. 4 because our number fell into the thousands category it would actually divide it by 100 because 10 to the. Power of 4 minus 2 is 100 so it would actually divide by 100 and then matha floret and then.
Right after we get the math tough lord version of that were great were just go ahead go ahead and. Multiply it back by 10 to the power of digits minus 2 so were dividing our number divided dividing our. Number by 10 to the power of digits minus 2 then multiplying it right back which is basically the opposite. But in between that or masked im flooring it which in turn will actually round our number so what ill. Do here to demonstrate azox we go ahead and do script dr.
Karron dot txt is equal to rounded number. A rounded number so if we go ahead and hit play blocks lets see the original number and the rounded. Number so right here is our original number and this rounded number just basically got rid of everything after a. Certain amount of digit places so just turn this 0 7 1 into 0 0 0 and thats gonna be. Helpful for our formatting so im gonna get rid of this and then were on the last step were almost.
Done im gonna do text so going back to our original text global variable and weve already assigned were actually. Going to be writing over it and were gonna do some formatting string that formatting so well do a currency. Sign and then well concatenate that with string dot format and for the string that format takes a formatting string. And then a string to format ill leave this blank for now but the string that were going to be. Formatting is rounded divided by 10 to the power of the digits minus 1 and parentheses and then well go.
Ahead and just concatenate are chosen abbreviation at the so this would be like lets say we had okay and. Now inside here im actually going to go ahead and put percent 0.1 f which basically percent is the symbol. For indicating that were saying a formatting and then you could put a number before here but can leave it. Out and itll do it by itself point one basically means we want one one place after the decimal if. You wanted to you would put two here but we want one place after the decimal thats what we set.
It up for and then f basically stands for floating point number which means an e which basically stands for. Any decimal number so thats our formatting string then when the string were actually formatting is rounded divided by 10. To the power of digits minus one so when we were doing rounding we were doing digits minus two so. We were doing a thousand for example divided by 100 now were doing a thousand divided by a thousand so. If we had 1,000 they were divided by a thousand wed get one if we had one point five if.
We had 1500 it would divide that by a thousand and wed get one point five so basically what the. Sense of being is lets say the number was 1500 we would get a dollar sign string that format one. Point five this would turn it to one point five zero zero zero this would make sure that its only. One digit after to make it one point five so wed have dollar sign one point five and then k. Is our chosen abbreviation so thats kind of like how it works and then of course we have an if.
Statement now we need an else for so if chosen abbreviation then do this else just say text is equal. To currency symbol column song and whatever concatenate with the original number no no need to do any rounding or. Any of that and then lastly ill just go ahead and do ill print the text but more importantly ill. Go ahead and put it in our goi script apparent that text equals text so if i go ahead and. Play this ill go through the script one more time we got our random number we got our abbreviations table.
We can converted this to a text to get our amount of digits in the text we found our chosen. Abbreviation with a for loop and then if we had chosen appreciate treat children if we had a chosen abbreviation. We found the rounded number using the digits that we formatted else we just put dollar sign number and then. Lastly were going to put that in the gui and there you have it so here we have 33 seven. Thousand eight hundred and three and then this cup formatted into thirty seven point eight k with a little currency.
Symbol or dollar sign right before it so now that weve gone over how though how to actually take a. Number and then turn into a formatted number im actually gonna take this whole load of code and put it. Into a single function that we can just put separately in a module so every time you want to abbreviate. A number you dont necessarily have to do all this jazz alright so lets go ahead and go into replicate. Storage ill make a new module script if you want the module script to be available on the client and.
The server then you put in the replicate storage if you just wanted to be on the server you put. In the server storage we obviously want this to be able to be accessed by our client sided local script. So im going to put in the replicated storage im gonna call this abbreviate number and then well go ahead. And call just change this variable name to abbreviate previa and like so abbreviate number and then well do function. Abbreviate number : Abbreviate and then numer and the parameter a number in the parameter and then well go ahead.
And just kind of copy what we had here not were not gonna copy the number and were not going. To copy the abbreviations right away at that table but we are going to go ahead and copy all of. This so just take all this up to here cop actually cut lets cut it out and then paste it. Right here and then indent it properly let me zoom out so i can see yep and then properly and. Then youll see some red lines over abbreviations so we need to copy the abbreviations table or cut and paste.
Im gonna put that outside of the outside of the function so it doesnt have to run it every single. Time the function runs its got a one time because it only needs it one time itll never change and. Then lastly after weve gotten our number and weve declared the text in the in the function im actually going. To go ahead and do return text so this this function takes a number and then returns to text appropriate. For that abbreviation so lets go ahead and instead of doing text see now that this text is actually kind.
Of gone well do local text equals actually we need to do above all this we actually need to import. Our newly created module script so ill do local abbreviate number equals replicated storage dot abbreviate number and then we. Just want to put this and then require function so im going to require it and then i want to. Go ahead and do local text equals abbreviate number so were referencing the module script that we just required and. Then colon and then it comes up right away abbreviate because it already knows it already it should come up.
Right away because it notices that we h.
Conclusion – How To Abbreviate Million Dollars
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