This is a follow up to the post Five Attributes of Millionaires, Part 1 which featured information from the book Everyday Millionaires. The book conducted a survey of 10k millionaires, discovering their demographics, lifestyles, beliefs, and so forth. Last time we shared the five attributes of millionaires. As a reminder, they are as follows: Millionaires take … [Read more...]
Archives for January 2019
Five Attributes of Millionaires, Part 1
This is a follow up to the post Most Common Myths about Everyday Millionaires which featured information from the book Everyday Millionaires. The book conducted a survey of 10k millionaires, discovering their demographics, lifestyles, beliefs, and so forth. Today we'll get into the book's second part and the real meat it has to offer. This section begins with the … [Read more...]
Most Common Myths about Everyday Millionaires
When I was at FinCon (the financial media conference) last September I attended a speech by Chris Hogan, one of the professionals in Dave Ramsey's speakers' group. I don't know Chris, but have heard him on podcasts, liked what he had to say, and was excited to see him talk. It was a good presentation and I enjoyed it -- one of my favorites from the week. After his … [Read more...]
Millionaire Interview 109
Here’s our latest interview with a millionaire as we seek to learn from those who have grown their wealth to high heights. If you’d like to be considered for an interview, drop me a note and we can chat about specifics. My questions are in bold italics and his responses follow in black. Let's get started... OVERVIEW How old are you (and spouse if applicable, plus how … [Read more...]
Nine Investing Strategies Millionaires Use to Accumulate Wealth
Today we continue to review the findings from my first 100 millionaire interviews. Before we proceed, let me know if you'd like to do a millionaire interview. I'm always looking for more millionaires to learn from. To get everyone on the same page, here are the posts we've already done regarding the first 100: Findings from 100 Millionaire Interviews: The Numbers … [Read more...]
ESI Scale Interview 46
Today we continue the ESI Scale Interview series where people answer questions about their success at working the ESI Scale. In short, the series focuses on what the interviewee is doing in the areas of earning, saving, and investing. They also get an opportunity to ask ESI Money readers for suggestions if they choose to do so. If you’d like to be considered for an … [Read more...]
Simple Money Resolutions the ESI Way (And 30 Days to Great Finances!)
I am a New Year's resolutions guy. For the past 20+ years or so I have set goals at the beginning of each year, then spent the next 365 days working towards them. I adjust along the way as needed. Some get added and some eliminated, but I'd say a good 80% of those initial goals get accomplished in some form over the next year. This system has been very kind to me. … [Read more...]
