Inspiring news,Investment, Opportunities on properties,Personal development , Business growth,Life improvement,Poetry,Branding,Business/ Management Consulting , Product marketing,Promotions, Business start up, Wealth creation, Corporate Training ,Public speaking,Career development .....
Monday, 9 April 2018
6 signs you're richer than you think, according to a wealth adviser for millionaires
Not all millionaires drive Lamborghinis and live in mansions.
If you carry little to no new debt, have long-term investments, and are a hard worker who is resourceful and aware, you might be richer than you think.
Below, Van Sant outlines six common traits of millionaires.
YBill Van Sant, CFP,
ou know the saying, "not all heroes wear capes"? Well, similarly, not all millionaires drive Lamborghinis and live in mansions. In fact, they might live right next door to you.
I'm talking about those who live comfortably, and while they may be wealthier than you, they don't necessarily live like they are. In the financial planning industry we call these folks the "millionaires next door."
I've met a handful of these financially-savvy individuals throughout my years working as a wealth adviser and there is a lot to be learned from them. I'd like to highlight some of the characteristics and traits of the millionaire next door to shed some light on how they got there. Who knows, you might not be far away from becoming one yourself.
If you carry little to no new debt, have market appreciation, and are a hard worker who is resourceful and aware, you might be richer than you think. When all of these things come together, most people are surprised that on paper they're considered a millionaire.
Here are six of the most common traits my millionaire next door clients possess:
1. They live within their means.
Millionaires next door drive modest vehicles and live in modest homes.