Wealth is not the same
as a high income. If you make a high income (play great offense) and spend it
all (play poor defense) you are not wealthy. Most likely you are collector of
expensive artifacts - big hat, no cattle.
To clarify what a millionaire
is, they have a net worth of at least a million dollars. In other words, assets
minus liabilities equal a million dollars. If your image of a typical
millionaire is someone who was given a massive trust fund, plays in the NFL or
is winning the lottery; these would be common stereotypes of millionaires but
don't actually fit the profile of a typical millionaire. Here is a list of top
professions of millionaires:
74% of millionaires
are small business owners / entrepreneurs
10% are professionals in their field such as doctors, lawyers, dentists, CPA's
10% are CEO's and executes
5% are consultants
<1% are professional athletes, movie stars, lotto winners, etc.
10% are professionals in their field such as doctors, lawyers, dentists, CPA's
10% are CEO's and executes
5% are consultants
<1% are professional athletes, movie stars, lotto winners, etc.
How do people become
wealthy? Most millionaires attribute their success to a lifestyle of
handwork, perseverance, planning and self-discipline.
This is a challenge. A challenge for those who want to dramatically improve their lives, leave a true legacy for your children and your children's children, change your family tree, no longer be a slave to lenders (credit cards, car payments, student loans), improve your marriage, feel independent, manage money the way God intended us to, help those in need that you never were able to help before, live like no one else so you can later live and give like no one else - two resources that will change everything:
- Sign up today for Dave Ramsey's Financial Peace University.
- Read or listen to the book The Millionaire Next Door by Thomas Stanley and William Danko
