Distinctions between Millionaires and the Middle Class
 

I just picked a book called "The Top 10 Distinctions between Millionaires and the Middle Class" by Keth Cameron Smith. I found it to be a short, brezzy yet insightful and motivational read for anyone interested

Some of the key points:

Millionaires think long term Middle Class thinks short term
Millionaires talk about ideas Middle Class about people and things.
Millionaires take calculated risks, the middle class is afraid to take risk.
Millionaires continue to learn, middle class thinks learning ended with school.
Millionaires work for profits, middle class work for wages.
Millionaires focus on increasing net worth, middle class on increasing paychecks.

Re: Distinctions between Millionaires and the Middle Class
 

Millionaires are too busy working for nonsense like this.

Re: Distinctions between Millionaires and the Middle Class
 

I guess I have the qualities of a millionaire, I just have yet to do something to make me one. [img]/images/graemlins/frown.gif[/img]

Re: Distinctions between Millionaires and the Middle Class
 

Read "The Black Swan" - it has some interesting comments on these types of books.

Re: Distinctions between Millionaires and the Middle Class
 

Millionaires understand the distinction between correlation and causation?

Re: Distinctions between Millionaires and the Middle Class
 

Meh. You can work your way to a millionaire fairly easily with moderate discipline.

Re: Distinctions between Millionaires and the Middle Class
 

8.9% of Americans are millionaires. All the points you make are true though IMO 'cept maybe millionaires continue to learn and middle class don't.

Re: Distinctions between Millionaires and the Middle Class
 

I would phrase it:
Millionaires are always trying to improve, while the middle class is happy with what they have/know

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8.9% of Americans are millionaires. All the points you make are true though IMO 'cept maybe millionaires continue to learn and middle class don't.



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Re: Distinctions between Millionaires and the Middle Class
 

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Millionaires are too busy working for nonsense like this.

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Are they also too busy to comment on what nonsense it is?

Re: Distinctions between Millionaires and the Middle Class
 

A million is not enough for millionaires. In fact, no amount of money is. It's the one who strive for a billion who become millionaires.