7 INCREDIBLE Daily Habits from REAL Self-Made Millionaires
So you wanna be a millionaire. Same! Seven REAL millionaires shared their habits with me on how they were able to obtain a net worth of $1M or more. I was blown away by their responses. Check out these daily habits from self made millionaires that you can implement TODAY.
Don't forget to check out each of our millionaires' platforms listed below!
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❤️️ FOLLOW THESE MILLIONAIRES//NOTES FROM THE VIDEO!
"Automate your retirement savings and let compound interest do the heavy lifting."
Stephanie Gatewood, blogger at https://financialfreedomcrew.com/
"Set goals and review them monthly."
Michael Quan, blogger at https://www.financiallyalert.com/8-millionaire-habits
Some of the most simple goals setting are figuring out your annual expenses and multiplying that by 25. Let’s say your annual expenses are $100,000 per year. You’d need $2.5M to live off of a safe withdrawal rate of 4%.
"Being debt free!"
Tracy Jepson of https://tracyjepson.com/
"The core habit is "high savings rate." Everything else follows from that."
Doug Nordman, author of The Military Guide to Financial Independence and Retirement https://the-military-guide.com/Start-here
"12 Week Year - instead of making one year goals, plan your goals for every 12 weeks. Combine that with the system from Atomic Habits and you'll be unstoppable."
Joseph Hogue, YouTuber at Let's Talk Money with Joseph Hogue https://www.youtube.com/channel/UCbKdotYtcY9SxoU8CYAXdvg
The 12 Week Year: Get More Done in 12 Weeks than Others do in 12 Months - https://amzn.to/3bgq3xf
Atomic Habits by James Clear - https://amzn.to/2EQmL7X
"Focus on net worth. In this country we focus on how much we earn, the house we live in, the car we drive, and even our credit score over net worth. There’s no credit score so high you can retire on it."
Lisa Duke, financial coach https://www.facebook.com/groups/349688595678741/
"Live on a lot less than you make."
There were periods of time we saved 50% of our income. We took that extra money and used it to pay off our debt, our mortgage and invested in tax advantaged vehicles like the 401k, Roth IRA and HSA.
Andy Hill, podcaster at Marriage, Kids and Money https://marriagekidsandmoney.com/podcast/become-young-millionaire-in-10-years
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