Thomas J. Stanley and William D. Danko compiled many years of research on people who were millionaires. They found that all millionaires had these traits in common...
1. They live well below their needs.
2. They allocate their time, energy, and money efficiently, in ways conducive to building wealth.
3. They believe that financial independence is more important then displaying high social status.
4. Their parents did not provide them with economic outpatient care.
5. Their adult children are economically self-sufficient.
6. They are profiecient in targeting market opportunities.
7. They chose the right occupation.
-From The Millionaire Next Door
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