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Why you aren't a Millionaire

According to Chris Hogan's research, there are almost 11 million millionaires in the United States today. Evidence debunks the myth that wealthy people do not earn their wealth, take wild risks with their money, or have a better education and job. Unlike any unfair advantages, Hogan discovered that the typical millionaire has a public or state school degree and a normal job with a normal salary. Many people use these myths to rationalize why they don't win money to excuse a lack of effort.

Who is telling the truth? It doesn't matter what your background, income, or education is, you can do better - and, in the end, you're the only one who can achieve your financial goals. Typical American Millionaires are responsible for themselves, their wealth, and their needs; they're intentional about what they're doing and where they want to go in life; they set goals and stay focused on them until they are achieved; they work hard to maintain their wealth, and they remain dedicated to their long-term goals.

Financial freedom requires a vision. To begin, you need to know where you stand financially, calculate your net worth, and evaluate your financial situation. The next step is to think big about your goals and share them with a trusted friend, spouse, or family member. If you want your dreams to become a reality, you need to confirm your target by determining how long you will have to work, how much interest you can accumulate over time, and other information needed. A budget, realistic goals, and speaking to an investment professional are all part of being intentional about your money. Through sheer determination and willpower, others have become millionaires.

Try to stick to a monthly budget. Your family and friends can also keep you on track by sharing your financial goals.

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