These gals would appear to be tapping "Sugar Daddy" for their wealth.
•Confidence in financial management, investing, and household leadership
•Responsibility, which involves accepting your role in financial outcomes and believing that luck plays little role
•Planning, or setting goals for your financial future
•Focus on seeing tasks through to their completion without being distracted
•Social indifference, or not succumbing to social pressure to buy the latest thing
Are these studies from the 1970's?
Did she interview 600 politicians with 1/2 being House & Senate members?
Item #1: Have a large amount of cash at your disposal.
(Sorry, couldn’t resist it!)
Having rich parents helps.
Did the woman become rich?
All good advice which can be heard from just about anyone who has ever worked as a financial adviser. But it is more of a recipe for becoming financially comfortable, not rich in the current financial environment.
These gals would appear to be tapping "Sugar Daddy" for their wealth.
Having assets valued at $1 million more than your liabilities does not make you what is considered “rich” these days. It might just mean that you have a crappy house in a neighborhood that has appreciated a lot.
6? No, it’s just ONE WEIRD TRICK! (Click here)
bkmk
Study 600 millionaires to learn something Dave Ramsey says on your radio every night.
Frugality Frugality Frugality
I grew up with parents who had survived the Depression. Frugality must be in my DNA. In other words, I am cheap! It’s downright annoying at times that I find myself fretting over a few cents difference in products when I now can afford not to care.
I would say being your own boss should be tops on that list.
She found that six behaviors, which she called “wealth factors,” are related to net worth potential, regardless of age or income: •Frugality, or a commitment to saving, spending less, and sticking to a budget •Confidence in financial management, investing, and household leadership •Responsibility, which involves accepting your role in financial outcomes and believing that luck plays little role •Planning, or setting goals for your financial future •Focus on seeing tasks through to their completion without being distracted •Social indifference, or not succumbing to social pressure to buy the latest thing
...
No wonder Democrats want to tax away their wealth.
These are the type of people who hold politicians accountable.
John Candy as Del Griffith from Planes, Trains, and Automobiles when asked how life was treating him:
” Well, I’m still a million bucks shy of being a millionaire”.
Watch what the poor do.
Don't do that.
You shouldn’t deprive yourself totally when you are young. I don’t mean be totally extravagant but what good are millions if you are to old and arthritic to enjoy it?
I’d like to see the results of studying a certain 535 people in DC. They aren’t all millionaires (yet) but I bet the conclusions would be quite different.
