Four No-Nonsense Habits Of Millionaires That You Can Easily Learn Unlisted Video
Researcher and author Thomas J. Stanley burst onto the scene with his fascinating book, 'The Millionaire Next Door.'
Based on his interviews with and surveys of over 1,000 self-made millionaires, the book delivers a number of pieces of solid advice for building wealth.
According to Business Insider, the first task is to learn how to save and live frugally. Only when you have those habits ingrained should you turn to investing.
Next, learn to base your investments on increased earnings. In other words, keep your lifestyle the same, and invest more and more of your remaining income.
Third, save and invest to be financially secure, which is quite doable. Don't do it to be rich and lead a lavish lifestyle, which is precarious and unlikely to succeed.
Multimillionaire W.W. Allan told Stanley that oftentimes, building wealth with the wrong motivations puts it out of reach.
If your goal is to become financially secure, you'll likely attain it. If your motive is to make money to spend money on the good life, you're never going to make it. W. W. Allan, multimillionaire
Finally, model your habits to your children so they can build wealth and financial security for themselves--not depend on you for it!
-
3:16
Illuminhive
10 months agoTop 20 Millionaire Habits
94 -
8:15
The Rachel Cruze Show
1 year agoThese Are Habits Of Successful Millionaires
18 -
9:15
Illuminhive
10 months agoTop 10 Millionaire Skills
153 -
10:07
MentorMinutes
8 months ago8 Secrets to Becoming a Millionaire
19 -
0:47
F29nas
9 months agoUnveiling the Millionaire Mindset Secrets You Never Knew Existed
1 -
2:05
Free Mind Motivation
1 year agoUnlock Your Millionaire Mindset
19 -
8:20
Shehanhimasal
1 year agoSecret Tips To Become A Millionaire
2 -
4:09
Illuminhive
10 months ago10 MORE Millionaire Skills
117 -
1:06:34
Ask A Multi Millionaire
10 months ago38. Ask A Multi Millionaire 38 - 3 Horrible Habits That Prevent Success
3 -
0:10
Aloha Digital
1 year ago10 Habits of Millionaires
3