Close your eyes for a moment, and picture in your mind a millionaire. What is she driving? What is he wearing? Where does this millionaire live? If you’re anything like the average person, you probably pictured someone with the following accessories and possessions:
Rolex watch Fancy Italian suit Expensive sports car Mansion on “millionaire lane”
This is what I used to picture too, but in actuality, it’s a far cry from what an actual millionaire looks like. According to the late Thomas Stanley in “The Millionaire Next Door“, the typical millionaire doesn’t give a rip about what you think about him, so he certainly wouldn’t be buying a fancy sports car or a new Rolex to impress you. Not to mention the fact that these items would severely decrease in value over time, and would definitely not benefit his financial status.
Instead of looking flashy in the latest styles, gadgets, . . . → Read More: 5 Ways to Ignore the Joneses