Millionaire and the Millionaire Myth By Adrian Newman

Millionnaires vivent dans luxueux, coûteux avec 10 hôtels de luxe automobile. Ils ont tous les mois de vacances et de manger les meilleurs repas. Ils ont une multitude de fonctionnaires et de ne jamais avoir à se soucier de dépense leur argent.

If you've ever said, "I'm sick of being poor and I want to live like a millionaire!" then I'm about to burst your bubble with regards to the millionaire lifestyle.

Here is the myth:

Millionaires live in lavish, expensive mansions with 10 luxury automobiles. They vacation every month and eat only the finest meals. They have a multitude of servants and never have to worry about spending their money.

This myth is usually the product of watching too many reruns of that old show "Lifestyles of the Rich and Famous!"

Now, I will admit that millionaires who have acquired their money through talent (e.g. movie stars, music stars, pro athletes) or have inherited it because of their genetic background (like Paris Hilton!) might live like this.

But the millionaires who have earned their wealth through their own hard work and innovations still know the value of a dollar.

In fact, you may be shocked to find out that most of them hang on to their money with a death grip.

Here are some examples of millionaire money habits and how they differ from the millionaire myths.

Homes: The myth is that millionaires have homes all over the world, some sitting empty for most of the time because they only visit them for one week a year.

This couldn't be further from the truth. Sure, a millionaire will buy a nice home with all the luxuries he wants. But the smart millionaire will also look at the home as an investment with a foretasted return.

As for their vacation homes remaining empty for 51 weeks a year... it never happens! I know one guy who owns three vacation homes: one in Italy, one in Mexico, and one in St. Maarten. When he isn't there, he has his travel agent rent them out for him. These places are rarely vacant and he's making money on them when he's not there!

Cars: Six Ferraris, three Hummers, and a chauffeur-driven Rolls-Royce? Not likely, unless you are a car collector and plan on making some money on these later on.

Sure, the millionaires I associate with drive Hummers, Jaguars, and Mercedes, etc., but they all realize that the value of these cars drops as soon as they are driven off the lot. So, they negotiate the best deals they can. They never flaunt that they have the money to buy these luxury vehicles and they rarely spend money on "options" that they deem useless.

Toys: Let me tell you a story about toys! Years ago, I knew this one guy who had a $10,000 stereo system in his car that would shake street lamps when he drove by. He was the first to own a DVD player and MP3 player, and he was usually the first in line to get the newest video game system when it came out (and usually these things would be introduced into the market every three to four months!). He would also buy the most expensive sunglasses.

Yet, he lived in a rat-hole of an apartment and was always short on cash. He had no savings account, didn't have any investments, and was working short-term, dead-end jobs. Basically, any money he would make, he would spend on toys just so he could show off.

That's not the millionaire mindset. Sure, millionaires like to buy toys such as boats and home entertainment systems. But when these millionaires were just starting out, they would never dream of putting their money into anything where they wouldn't be able to get it back.

And this is where I'm going to leave you today. When you are starting out on the path to success, you should do just two things with your money:

1) Put it somewhere where it can grow (such as investments, real estate, and reliable business ventures).

2) Spend it on necessities (food, clothing, shelter and, yes, leisure).

Never spend more than you earn and forget the credit cards.

Do this and you'll be taking the first step to becoming a millionaire.

Get the latest cash connections, money sources, and wealth-building ideas delivered straight into your inbox FREE every day from some of the biggest names in the wealth-building business! We help bring the "American Dream" to you, every day, Free! Sign-up now for the e-Wealth Daily Bulletin... It's yours FREE! Visit http://www.ewealthdaily.com now to sign up for free.

Millionnaires vivent dans luxueux, coûteux avec 10 hôtels de luxe automobile. Ils ont tous les mois de vacances et de manger les meilleurs repas. Ils ont une multitude de fonctionnaires et de ne jamais avoir à se soucier de dépense leur argent.