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How to Become a Millionaire

By on May 14, 2013 in Money Habits | 10 comments

MillionaireI came across the following infographic called Road to Riches: Tracking the Journey of the Global Superwealthy and I found it quite interesting. It starts out with breaking down the net worth’s of people around the world and then goes into unveiling the real estate of wealthy people around the world.

What really stood out to me is that there are 29 MILLION people who are Millionaires around the world. Now, I am sure that most people look at this chart and say “but there are 3.1 billion people who have less than $10,000″. While that is true, I see this as an eye opening graphic, not one that should be depressing. In this day in age, almost anyone can become a millionaire if they take the time to learn how.
How do you become a Millionaire? By learning from other people that have already done it. While it is not my goal to become a millionaire, I do believe that I will be one in the future just because of the habits of wealthy people that I have implemented over the years. Habits like spending less than I make, investing wisely, etc. Reading books by millionaires is a great way to learn if you don’t know one personally.

Books by Millionaires that I have read:

The Snowball: Warren Buffett and the Business of Life by Alice Schroeder

The Millionaire Mind by Thomas Stanley

The Total Money Makeover: A Proven Plan for Financial Fitness by Dave Ramsey


Podcasts that I listen too that would also help you on this journey:

Think Entrepreneurship Podcast by Pete Sveen – In this podcast, Pete interviews successful entrepreneurs from around the world; some of which are millionaires and even billionaires.

Smart Passive Income Podcast with Pat Flynn – This podcast is great because the host, Pat Flynn, makes around $50,000 per month from his online business and he shares the details of how he does it.

Entrepreneur on Fire Podcast with John Dumas – This is a a daily podcast that interviews today’s most inspiring and successful Entrepreneurs.

Do you have a book or a podcast that you would recommend for people looking to learn the habits of millionaires?

Road to Riches: Tracking the Journey of the Global Superwealthy
Source: Road to Riches: Tracking the Journey of the Global Superwealthy

Note: Some of the links above our affiliate links where I get paid a small commission if you order a product by clicking on them. However, know that I only recommend these books because they have been helpful to us in our journey to achieve our financial goals in life.

    10 Comments

  1. Thanks for the love Deacon! GREAT article…I learned a lot :-)

    John Lee Dumas

    May 14, 2013

    • Thanks John! I learn even more by listening to your podcast ;)

      Deacon

      May 14, 2013

  2. the infographic is amazing. I really liked it. I shared it thru Facebook.

    Martin

    May 14, 2013

    • Thanks for sharing it Martin!

      Deacon

      May 15, 2013

  3. The Millionaire Next Door by Thomas Stanley is good too, but it’s probably the same as The Millionaire Mind though. Love the infographic.

    • That is a great book as well, thanks for mentioning it!

      Deacon

      May 15, 2013

  4. Very cool and informative infographic. Thanks also for the links you shared. They are very inspiring as well.

    Felix Lee

    May 21, 2013

    • Thanks Felix!

      Deacon

      May 24, 2013

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