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  • 4 years ago
7 Common Denominators Of The Wealthy

7 Common Denominators Of The Wealthy

Thomas Stanley studied America's wealty and found they had many common denominators. How many of these do you have?

Operate or work in dull, normal-type businesses (dry cleaners, engineers, etc)
Are not provided financial support from parents or inheritances
Allocate time, energy and money efficiently
Always live below their means 
67% live on a budget 
Purchased their vehicles outright (cash) - 80% have never leased. Most buy 2yr old or older American made vehicles
Believe Financial Independence is more important that the display of social status through material items

You certainly don't need to have all of these to become wealthy, but they do prove that common sense principles contribute to positive results. 
Extras: In this episode I feature some of the conversations I had with Pat Flynn from SmartPassiveIncome.com and Dustin Hartzler from YourWebsiteEngineer.com. Good stuff!

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