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Old April 25, 2012, 07:58 AM
Dien Rice Dien Rice is offline
Onwards and upwards!
 
Join Date: Aug 2006
Posts: 2,515
Default Millionaires? Here?

Quote:
Originally Posted by -TW View Post
Will you return to this forum?

If so, what will you say (from "the other side" of the "struggle")?

Will the journey be what you had imagined it would be? Or totally different?
Will you be the "same person" afterwards?

What will be your attitude toward the rest of us who are still on "this side of the glass?" aka: who you "used to be."

If the journey did transform you, how would you describe the transformation?

Basically, what will it be like when/if you "visit the old neighborhood?"

It's interesting to think about.
Hi TW,

Thanks for raising this interesting question...

There definitely are millionaires who visit here and post here. (And I can think of some people who I know are multi-millionaires who have posted here, too.)

If you remember the book "The Millionaire Next Door" - not everyone who is a millionaire, "looks" like a millionaire.

Many of them live in normal suburban homes, drive normal cars, wear normal clothes, and so on. They look "middle class."

Many millionaires don't "flash" their money around in the clothes they wear, the car they drive, and so on. Instead, it may be "hidden away" in property they own, businesses they own, and other assets they own which you would not normally know about (unless you're their accountant).

I've known people who were/are "millionaire-next-door" types (including both living people, and those who have passed away), and unless you knew something "deeper" about their finances, or they admitted it to you, you would never know that they were millionaires.

What's it like?

I'm sure for many of them, things don't change too much. Maybe they worry a little bit less if they buy an expensive meal, or don't have to worry too much about whether they have enough money to pay the utility bills, or about being able to afford a holiday... So (if they are wise in handling money), they would have fewer of the common "money worries" that others often have...

Now, for some people, wealth can go to their head. They may become arrogant, pompous, self-important, and so on. (However, some "poor" people are like that, too.)

Others stay just the same, and stay rooted "down to earth" and are grateful for the blessings they have... (The people with this attitude are the ones who are more likely to have trouble-free lives.)

One more thing... Some people can make a lot of money. But they're not very "wise" with it... So even though they've "made" a lot, they may not end up with a lot.

One very prominent marketer who passed away a few years ago - I heard from one source (who knew him personally) that he died in debt. He was good at making money, but he was very terrible at managing it, and his monetary "ups and downs" was the story of his life (so I was told).

On the other hand, I also know people who did not earn above-average wages. However, they were great at managing money - and ended up millionaires because of that. (People who end up with a lot of money by using this route usually live frugally, and don't live beyond their means. As a result, even on an average income or less, they still have money left over to invest...)

Anyway, those are some thoughts on this interesting topic...

Best wishes,

Dien

Last edited by Dien Rice : April 25, 2012 at 08:40 AM.
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