Top Ten Things millionaires don't want to reveal
Monday/September/08 11:03 Filed in:
Top TenSmartmoney.com surveyed millionaires and compiled the top ten things that millionaires don’t want to reveal:
- “You may think I’m rich, but I don’t.” A millionaire in 1945 would need $12 million today to be in the same position.
- “I shop at Wal-Mart.” They hunt for bargains and clip coupons.
- “I didn’t get rich by skimping on lattes.” The most common path to wealth is entrepreneurism - starting a business.
- “I have a concierge for everything.” Many of the wealthy consider the value of their time to be worth more than to spend it doing menial tasks.
- “You don’t get rich by being nice.”
- “Taxes are for little people.” They can afford high-level tax planning.
- “I was a B student.” The median college GPA of millionaires is 2.9. Most credit their success to hard work and determination, rather than “smarts”.
- “Like my Ferrari? It’s a rental.” It makes sense for many high-ticket items.
- “Turns out money can buy happiness.” Statistics show that the wealthy are happier.
- “You worry about the Joneses - I worry about the Trumps.” There is a growing disparity between the middle-class rich and billionaires
Tags: Smartmoney