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Five things your millionaire friend isn’t telling you.
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1: He doesn't earn 7-figures
Your friend is a millionaire because he saved a million over the years by using smart, but basic, wealth-building strategies. He doesn't have a 7-figure salary.
Your friend is a millionaire because he saved a million over the years by using smart, but basic, wealth-building strategies. He doesn't have a 7-figure salary.
2: He doesn't care what you think
Whether you think he's cheap, frugal, filthy rich or poor, he doesn't care. He truly doesn't give a shit about your opinion of him and his spending practices.
He's the millionaire.
Whether you think he's cheap, frugal, filthy rich or poor, he doesn't care. He truly doesn't give a shit about your opinion of him and his spending practices.
He's the millionaire.
3: He sold that over-priced BMW years ago
You still drive your Bimmer. Your millionaire friend sold his and now drives a cheap-to-maintain, reliable sedan. Pays $30 for an oil change.
You still drive your Bimmer. Your millionaire friend sold his and now drives a cheap-to-maintain, reliable sedan. Pays $30 for an oil change.
4: He has a multi-year rainy day fund
He has enough cash reserves to last multiple years without having to earn another dime of income. He doesn't live on the edge.
He has enough cash reserves to last multiple years without having to earn another dime of income. He doesn't live on the edge.
5: He invests before he spends
Your millionaire friend pays himself first. He fully-funds his investments. Pads his savings. Then has some fun with the rest.
Your millionaire friend pays himself first. He fully-funds his investments. Pads his savings. Then has some fun with the rest.
Millionaires think differently. I talk about this twice a week in my free newsletter, Relearn. https://steveadcock.us/relearn
