The first things that the middle class must understand about millionaires is that their millionaire status is measured in their net worth not their annual income, and most of them pay their bills through cash flowing assets not a pay check. The majority of millionaires have multiple streams of income and are diversified in their …
7 Types of Income Millionaires Have (How the Rich Make Money) Read More »
Becoming a millionaire doesn’t happen randomly or by accident, there are specific skills that enable millionaires to build their net worth. A self-made millionaire is someone who has the skills to build a stock portfolio, real estate portfolio, crypto portfolio, or business that’s worth seven figures. This type of success doesn’t happen by accident and …
Here are twenty interesting facts that research has discovered about millionaires that you may not know or believe to be true. Only 19% of millionaires received money from a trust fund or estate, and 91% never received any ownership of a family business; a substantial percentage are self-made millionaires. 80% are first generation rich and …
There are many paths to becoming a millionaire some are slow and some are faster, which one is the best for you depends on your own risk tolerance and what you are willing to do. Shortcuts save time but many will take a lot of time just less than other options. Millionaire Habits Here are …
In the book Secrets of the Millionaire Mindset, author T. Harv Eker shows readers the big difference between how millionaires think versus people with a poor mindset. Wealth starts in the mind, regardless of your circumstances your financial future will be more in line with your thoughts and actions. Many people start from humble beginnings …
In 1996 two professors studied a sample of millionaires in the United States to understand the path that took them to a million dollar net worth. The results were very surprising as their path and lifestyle was very unexpected. They did not find millionaires who inherited their wealth but earned it their self. They weren’t …
