money

5 Differences Between Millionaires & the Middle Class

I recently read a book called the Top 10 Distinctions Between Millionaires and the Middle Class by Keith Cameron Smith. A quick easy read that introduced me to some amazing differences between the rich and the middle class. And I wanted to share some of the great tips from this book.

#1 Millionaires talk about ideas. The middle class talk about things and other people

If I spend a few minutes listening to you talk, I can tell where you are headed in life. This book gets into how your words reveal your heart and mind and they give an accurate picture of your future. Millionaires spend most of their time talking about ideas and very little time talking about things or other people. The middle class rarely talks about ideas and spends

So make sure you are focused on ideas and what you want to put out into the world and not things or talking about people

#2 Millionaires embrace change. The middle class is threatened by change.

Change can be positive or negative. The problem is, we don’t know which it will be when the change first presents itself. The middle class assumes that change will be negative most of the time while millionaires assume that all change positive or negative will benefit them. Learning to deal with change is a must if you are to become a millionaire. Millionaires embrace change because they know it always brings an opportunity for growth. People who are insecure resist change. People who are confident welcome it. Millionaires are confident. Confidence is acquired through preparation and hard work. Confidence is the result of working on yourself. It is knowing you can handle whatever comes your way. Confidence is believing you can do whatever you choose to.

#3 Make take calculated risks. The middle class is afraid to take risks

The middle class is trapped in the rat race because it doesn’t take risks. the only way out of the rat race is to take risks. If you take risks out of your life, you take the opportunity out of your life. Taking a risk doesn’t mean taking shots in the dark. Millionaires take calculated risks. They gain the knowledge first to consider the consequences of failing before taking action. They also use knowledge to overcome their fear. Millionaires overcome fear and the middle class submits to it.

#4 Millionaires believe they must be generous. The middle class believes it can’t afford to give. Being generous is fun. It feels great when you give from the heart. I have given total strangers money on numerous occasions and will continue to do so throughout my life. it’s a good habit to be generous to make sure that money never controls you. I once heard a spiritual teacher tell of a test you can do to see if you possess money or if it possesses you. The test: give it away. If you can do that then you possess your money. If you can’t do that, then your money possesses you.

#5 Millionaires ask themselves empowering questions. The middle class asks themselves disempowering questions. When you develop the habit of asking yourself empowering questions, your life will take on a new meaning and success is inevitable. You will receive answers for whatever questions you ask, so you should ask yourself empowering questions. The bigger your questions, the better. Questions like: How can I double my income this year? instead of questions like “How can I just make enough money to pay the bills?” Ask yourself questions like “How can I make 1 million a year doing what I love? What can I do to show my kids or my spouse I love them today?

Questions control the way you feel and empowering questions asks you what you can do and disempowering questions ask you what you can’t do. Empowering questions make you feel good. Millionaires are masters at managing their emotions. They are masters at it because they habitually ask themselves empowering questions.