Setting a goal of having your first million before you reach the age of 40 may sound preposterous but it is highly achievable. If you get your first job or put up your first business at the age of 25, you will have 15 years to save up for your million dollars. That means saving around 70,000 per year. Does it still seem impossible? Here is a financial management guide that will help you achieve your first million by the age of 40.