The fact is 99 percent of millionaires earned their money
over time.
Very few became millionaires overnight. We all have heard about the
exceptions—lottery winners and those who inherit a big sum, to name a couple.
It’s important to remember that these individuals are the exception.
You also need to realize that it wasn’t just happenstance for
the individuals who built their net worth over time. Most of them started with a
little money (or no money) and little knowledge of how to make it. Just like
you, they started work out of school and started earning a little money.
Over time, their income grew; they saved more money, invested
more money, and learned a little more about personal money management.
They made
both good and bad money management decisions. They didn’t “live large,” but they
lived well.
They didn’t care about conspicuous consumption but cared that they
received the best value for their money.
Whether they realized it or not, they developed their own
principles of personal money management and followed them on their slow journey
to wealth. It’s important here to realize that you need to enjoy the journey. If
you work solely for the almighty dollar and ultimate wealth, you may find
yourself waking up and realizing all that you have to show for your journey is
wealth.
So, enjoy the journey to wealth. It’s slow, but if you do it
properly, you will realize that the rewards involve more than just money.
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