The Top 10 Distinctions Between Millionaires and the Middle Class book was a quick read, but distills quite a bit of knowledge into some succinct points.
Will reading the book make you a millionaire?
Of course not. But it will put you on the right track.
It is not a book that you can easily find in the library or on bookshelves, but it is worth it. Here are the first five distictions:
Millionaires ask themselves Empowering Questions. Middle-class ask themselves Disempowering Questions.
Millionaires focus on increasing their net worth.
The middle class focuses on increasing its paychecks.
Millionaires have multiple sources of Income.
Middle-class have only one or two.
Millionaires believe they must be generous.
The Middle-class thinks they can’t afford to give.
Millionaires work for Profits.
The Middle-class works for Wages.
Its a great book to refer to, and pull out from time to time. So be sure to add this one to your wealth library.
Quentin D’Souza is the Chief Education Officer of the Durham Real Estate Investor Club. Author of The Property Management Toolbox: A How-To Guide for Ontario Real Estate Investors and Landlords and The Ultimate Wealth Strategy: Your Complete Guide to Buying, Fixing, Refinancing, and Renting Real Estate.