I’m a self-made millionaire, here are the keys to becoming wealthy

A self-made millionaire has revealed her top two tips for becoming wealthy.

Tessa B. Jelten, 25, from Scottsdale, Arizona, has made a fortune by building her own brand on social media where she is known as TikTok’s ‘rich big sister.’ 

Most recently, she took the video-sharing platform to detail two secrets to becoming a millionaire. 

She detailed ‘exactly how to become a millionaire’ by sharing how to maximize your savings, active income and investments so you can have financial success. 

She has made a fortune by building her own brand on social media where she is known as TikTok’s ‘rich big sister’

She began by giving users an important quote that she claimed she followed to become wealthy: ‘You are never going to save your way to rich’

Tessa first described how to use savings to your advantage. 

‘First things first, I have to tell you the most important quote that changed my life.

‘You are never going to save your way to rich, what I mean by this is if you are at a certain income right now, just by saving more money and cutting out  expenses is not going to make you wealthy,’ she explained. 

And while she noted cutting costs is a ‘smart step’, it wouldn’t help you achieve financial freedom. 

Tessa advised that you have a ‘bit of a nest egg’, which she said was ‘three to six months of your current living expenses saved up.’ 

The self-made millionaire doesn’t recommend putting those savings into a ‘traditional bank account’ but instead a ‘high yield savings account.’ 

She advised her followers to put all of their expenses on credit cards that they would pay off ‘every single month.’ 

‘By paying our bills and set expenses on a credit card we’re able to redeem cash back points, travel rewards and all kinds of things that actually serve as essentially free money in the future,’ Tessa explained. 

She advised her followers to put all of their expenses on credit cards that they would pay off ‘every single month’

Next up, the self-made millionaire explained why your active income and investments are so important, noting that you should find ‘side hustles’ to increase your income

She noted that you could use a travel card so you can redeem points for your next vacation or get cash back. 

‘Now, we’re building our credit, we’re getting the cash back, and we’re getting our expenses under control. 

‘Not only is this going to allow you to have a great foundation for building your wealth but it also eliminates a lot of that financial stress that often stops us from actually being accomplished,’ she added. 

Next up, the self-made millionaire explained why your active income and investments are so important. 

She explained that your active income is ‘anything that you’re trading your time in exchange for money’, which often looks like a traditional nine to five job. 

Tessa advised that you add in some ‘side hustles’ to increase your income. 

‘So first things first, I would highly suggest looking at ways that you can increase your active income. So, if you are currently at a job find ways to ask for a raise, if there’s additional work you can pick up, or try and work towards increasing that income,’ she said. 

Viewers flooded the comments section with words of praise for the millionaire, noting that they would be taking her advice

Tessa added that if you are working at a marketing agency, you should sell knowledge about how to be successful in marketing online. 

She explained that this will help roll in the money. 

Viewers flooded the comments section with words of praise for the millionaire, noting that they would be taking her advice. 

‘Thank you for taking the time to do this! This was so precise. I was nodding my head at every word,’ commented one person. 

One user said: ‘Cool.’

‘Great tips!’ commented another person. 

 Another person added: ‘Love this!’