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Why Rich People are Cheap
Manage episode 250133754 series 69174
Accordingly to the Fidelity Millionaire Outlook Survey, 86% of millionaires are self-made. Even more remarkable, 78% of them started out as middle class or poor. Only 22% grew up in the upper class. That means that the vast majority of millionaires built their wealth the old fashioned way: hard work, consistent saving and investing in the long-term.
We’ll explain why rich people are cheap and how you can adopt their simple habits to become a millionaire yourself.
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