Awhile ago, I wrote a guide on how to think like a millionaire to get rich. Now, let’s find out how do most millionaires make their money. Why did they get richer and richer everyday. Have you noticed that rich are getting richer and poor are getting poorer nowadays?
In getting rich, you only need two perform 2 important task. Whether you want to get rich or super rich, you need to do something. It’s just like a win-win situation. Life is always fair. If you want to get something great, do something to get it.See Also: 35 Top Investment Books of All Time to Learn Investing
This post will not going to tell you how to become a self made millionaire, it will just give you an idea about the ways on how rich people are making more money. They acquire wealth in different ways. YES! I am so sure about it. Now, do their ways and make more money. Their ways in making more money is no longer a secret.
However, although there are simple things that can make people rich, there are people are hestitating and in a huryy. They want to get rich fast. They want to know how to become a millionaire overnight, they want to wake up with a lot of money beside them or under their pillow.
When I was new to personal finance and start making my financial goal. My first goal is to know how to become a multi millionaire. I am not contented to just become a millionaire since I know how much money I really want to live comfortably.
I found out and know the amount of money I really needed. The amount of money I really need indicates “multi-millions”.
I start to “think like a millionaire” since I calculate the exact amount of money I really needed. In my early 20s, I think when I have million cash, it’s enough. I’m wrong! It’s the total assets that generate more money is what I need.
I asked myself; how do I become a millionaire? How do I acquire ten million. How can I achieve my financial goal. I change my money habit. I start having a millionaire habit such as;
- managing money properly
- earning money smartly with less effort
- invest money and accumulate wealth faster
- they give money generously
These three millionaire habits help me to improve my finances. Thanks for all the books, personal finance blogs and to T Harv Eker (author of Secrets of the Millionaire Mind) who change my money mindset.
Going back to the topic, how do millionaires make their money? A reader asked this simple question via email last night. Mr. McGill asked a question;
Do you know how do millionaires make their money? Are they corrupt? Are they stealing money from poor people or are they do illegal activities like selling illegal products just to make money? Let me know!
How Do Most Millionaires Make their Money?
- setting up their own businesses
- investing in paper assets
- investing in real estate properties
- selling products and services
Do you know what? Most millionaires are taking care of their integrity. They are honest. Millionaires are generous, they are not selfish. They are nice. Millionaires are not bad people. I know many millionaires personally, and for me they are awesome!
Now you know how do most millionaires make their money, do you know any other effective ideas aside from investing to make more money?See Also: Financial Leverage Can Help Investors Make Easy Money