Millionaire Wealth Building Is Not Rocket Science
I've always been intrigued by wealth in our North American
society. I would like to share some of my core findings and get
you on the way to becoming wealthy and fulfilled. First, a few
questions.
Are your core values in line with most millionaires?
Are you setting wealth goals and tracking them honestly in order
to substantially increase your net worth? Who are you? Is wealth
part of your life equation?
What does it mean to be a fulfilled millionaire?
Pick up any newspaper and you'll see there is plenty of news
about millionaires. They seem to be proliferating like bunny
rabbits. Each year the North American millionaire ranks grow.
Let's be crystal clear, being a millionaire means having a net
worth of a million dollars. In accountant geek talk, this means
having more assets then liabilities. Just because you live in a
big house and drive a flashy car (with that pretty scarf around
your neck) doesn't necessarily mean you are a millionaire.
Underneath all that chutzpah may be huge loans and the
ever-mounting credit card debt. And don't get me going about
credit card debt - there's another subject that has seen plenty
of news coverage lately.
One of my favourite books is the well-researched "The
Millionaire Next Door" by Thomas J. Stanley, PhD. He writes that
most millionaires are normal folk, who don't look, dress or eat
or act like our North American perception of millionaires.
Here are a few research statistics quoted from "The
Millionaire Next Door."