Being A Millionaire Persuasive Essay

I always believed that you are considered wealthy when you make a high income. According to the authors, most high income earners are not rich, which surprised me. Most people with high incomes fail to accumulate any lasting wealth. They live hyper-consumer lifestyles, they spend their money as fast as they earn it. I always perceived millionaires as living the lavish life with their big sport utility vehicles and huge mansions. Well I was wrong, in

Obviously success is usually defined by how much money you have. In this day in age if you don’t have money you’re a failure; so go get

In order to make a fortune you must earn it. To be able to earn it you must work for it. So if you keep working hard and hard you will eventually meet your goal. Their is no such thing as luck don't be lazy work for what you want. Some people may think that luck is just random and that luck just randomly happens but luck is earned by hard work.

People will not remember how many cars you owned or how big your house was, they will remember you by the person you were. Maybe the reason I oppose millionaires is because my family was never rich. I would sometimes wish that my parents could afford more things, but as long as I had a roof over my head and three meals on the table, I was grateful for their hard work. If tomorrow I suddenly became a millionaire, I would not know what to do with all of the money, since I’m used to limiting myself to the necessary items. The right people will be drawn to you no matter how rich or poor you are, because a person’s worth is much more than just their

Wealthier people are often those who work hard and put in a huge amount of effort into achieving their goals.

The book of “The Millionaire Next Door” is written by Thomas Stanley and William Danko, and it uses lots of case studies and statistic data to tell us how the actual millionaires live in the society and how can normal people become millionaires. The book shows a unique insight of millionaires and base on the authors’ research in last twenty years, thus the result is convincing. The authors try to tell us two things: wealth is what you accumulate but not what you spend; and there are some ways you can use to get wealth. For me, this book is interesting and useful.

First-generation millionaires make up 80% of the millionaire group, while 20% are retired and 50% own a business. I have always assumed that if you make 250K a year, then you are wealthy. To be classified as a millionaire you have to consider their net worth. A person who earns 100K a year as a contractor, but saves, invests and is frugal with their money will have a higher net worth in comparison to a surgeon who earns 250K and spends his money on new cars, expensive house and clothing. The surgeon is living above his means while the contractor is investing in appreciable assets and living below his means.

These individuals cannot be millionaires!!! Because their appearance doesn’t look like millionaires, they do not act like millionaires, they do not eat like millionaires, neither do they dress like millionaires, and they do not even have millionaire names. Then where are the millionaires who look like millionaires then? Being wealthy, affluent, or being prosperous is not defined in terms of physical properties. On the contrary, those people we term as being affluent get much more longing from possessing sizeable quantities of significant properties, than from showing a high-ingesting way of life.

Only a few percentage of people in our lives achieve success. Most of the people believe that success implies wealth and wealth implies success. In reality, neither of those things are true. Although money directly correlates with financial success, achieving true success in life and becoming rich are two different things. A man can be poor and

This is not to say that people with less money will always throw out their inhibitions in order to achieve great financial wealth. People must be told that it is ok to venture outside of their safe zone and know that what they are doing is right.

How does one earn the title of wealthy? Authors Dr. Thomas J. Stanley and Dr. William D. Danko have studied how people become wealthy for over twenty years. They have conducted research, written books, conducted seminars, and advised major corporations on whom the wealthy are and what are the characteristics of the affluent in America. The research for The Millionaire Next Door was comprised of personal, as well as focus group interviews, with more than 500 millionaires. A survey of 1,115 high net worth and/ or high income respondents was also compiled. The authors define the threshold for being wealthy as having a net worth of $1 million or more. This is one distinction that the authors make in comparison

It is not about how much you earn that determines if you are rich or poor, it is how you make decisions that affects your wallet without you even thinking about it. Simple lifestyle preferences can squander any potential savings. It becomes a mentality people are conditioned to. To live above their means and to feed into something because it is desired not needed. For example, a lot of people purchase expensive cars because they like the way they look or feel and would rather shell out hefty payments than to buy a car they can afford or buy used.

and someone who is rich will still want to be rich he is correct because everyone

be, however I have realized that there is so much more to life than being a successful and rich

The thing that naturally attracts success for wealthy people is the inner software in their brain their mindset. Imagine eliminating your weaknesses and discovering your strengths, bringing to life a new and powerful