Distinctions between Millionaires and the Middle Class

[Mark1808]

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.

[bmw335i]

Millionaires are too busy working for nonsense like this.

[ItalianFX]

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]

[whyherro]

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

[tolbiny]

Millionaires understand the distinction between correlation and causation?

[Thremp]

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

[DanielDayLewis]

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.

[jman3232]

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

[ QUOTE ]
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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[Mark1808]

[ QUOTE ]
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?

[mused01]

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.