But these self-employed people are four times more likely to be millionaires than those who work for others.”Īdds Pauline Paquin of the Investment Zen blog, a self-made millionaire is generally a humble person who is realistic about the future: to get from zero to millions, it will take a lot of time and hard work. In America, fewer than one in five households, or about 18 percent, is headed by a self-employed business owner or professional. Of the remaining 80 percent, more than two-thirds are headed by self-employed owners of businesses. Stanley and William Danko: “Twenty percent of the affluent households in America are headed by retirees. Self-made millionaires start small.Īccording to the best-seller The Millionaire Next Door by Thomas J. Because becoming a millionaire isn’t about spending like you are rich it’s about saving money and investing it like you are rich.īecoming a self-made millionaire takes hard work, but thanks to this list, you will definitely be on the right way to seven digits. And as you can see from the list below, these habits of self-made millionaires are pretty easy to follow in your daily life. ![]() ![]() The best way to become a self-made millionaire is to learn from people who are already there.
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