In America, millions make you middle-class
Middle-class millionaires exhibit four qualities that “have a lot to do with why they are so successful and influential,” Lewis Schiff, who wrote the book with Russ Alan Prince, told Reuters.
– Hard work. They put in a 70-hour work week compared to 40 hours a week for other middle-class Americans.
– Networking. “They use information as if it were capital,” Schiff said.
– Perseverance. They typically fail professionally twice as often as other middle-class Americans, but they do not give up.
— Risk. They choose jobs with greater risks and bigger pay whereas middle-class Americans tend to avoid risk and try to work in jobs they love.
Some things worth giving some thoughts.
I just went over to the page that you received this info from. I would love to see the research on this. I believe, actually know – that many of these facts are waaaaay off.
Benny
yattitude.wordpress.com
Well, I wonder which of those in particular you see as erroneous?
There are many things wrong with the article – other than it seeming to me like a blatant “Sales pitch.” But Forget about the entire article and let us say it is all perfect and accurate…
What group of people was interviewed that gave the final answer of the article?
“But one thing seems certain — a million dollars ain’t what it used to be. Prince and Schiff reveal that, on average, people believe it takes $13.4 million to feel wealthy. Middle-class millionaires put the figure even higher, at about $24 million.”
So Americans feel they need 13 million dollars to feel wealthy forget about what the wealthy think they need to feel wealthy?
Benny
yattitude.wordpress.com
One thing is certain then, measure of wealth is relative.
If you’ll put your shoes into mine, you’ll agree that $500,000.00 is enough for me, I’ll be one of my country’s youngest billionaires
People who make that kind of money do now work 70-80 hour weeks (although they are always working) they tend to “physically work” much shorter work weeks.
As well – most research has shown that people who work where they “love their job” tend to make much more money then people who work jobs they hate…
Ben
Yes, and I’m sure I’ll will be one of the 2% who knows how to be a billionaire. I just decided to be this past week
.. that’s why I’m listening to Robert Kiyosaki and Donal Trump. I’m dead serious …