04/29/2022
Do you have millionaire habits? 🤑
There is a common misconception that rich people breed rich people, poor people breed poor people, and there is nothing we can do about it… but, did you know that 80% of millionaires come from low to middle income families?
Anyone who’s watched Everyone Hates Chris has pictured Terry Crews in their head at some point when thinking about spending less money, but wealth does not come from frugality alone — it comes from smart, long term investing, consistency, modesty, and years of personal and professional development.
Research is the foundation of making informed decisions. College is not always necessary to become a millionaire, but it enforces critical and scientific literacy skills… rarely does a person leave college the same person that they were when they enrolled. In lieu of the mental expansion that certain majors in college demand, independent learning, reading comprehension, a growth mindset, and self-reflection can set anyone on the same path.
There are enough resources on the internet to teach you anything you really want to know. Don’t ask loaded questions to confirm pre-existing (and often detrimental) belief systems, ask inquisitive questions, collect data, and formulate your position from facts.
Did any of these statistics surprise you?
Source: [Ramsey Solutions] The largest, most statistically significant National Study of Millionaires’ personal finance behaviors and attitudes in the US.
https://www.ramseysolutions.com/retirement/the-national-study-of-millionaires-research