According to a statistical report released by SpikeTreme in March 2010 , in 2009 , there were 7.8 million households in the United States with a net worth of more than $ 1 million ( excluding the value of self-occupied residences ) , a 16% increase from 6.7 million households in 2008. At the same time, the number of households with a net worth of more than $ 5 million in 2009 increased by 17% from 2008 to 980,000 households. There were 12.7 million households with a net worth of more than $ 500,000 . According to relevant research, 75% of the rich in the United States are self-made, and investment and savings are their main means of getting rich. In terms of wealth, 91% of the rich in the United States believe that wealth gives them the freedom to choose their lifestyle, 80% believe that wealth is the reward for hard work, only 38% believe that wealth enables them to gain social respect, and 32% say they will use more wealth for charity.
It can be said that in today’s world, almost no one does not want to be rich, but the final result is that there are always more poor people than rich people. There must be some differences between the poor and the rich, otherwise it is impossible to explain why some people become rich, while others work hard all their lives but still live in poverty. People do not necessarily have to be lucky to become rich, nor do they necessarily rely on extremely hard work, or even obtain a college diploma. From the path taken by the rich, it can be seen that if a person wants to become rich or succeed, what he needs most is a wise mind. A wise mind will help people form good habits, and such good habits will lead to financial abundance, so that people can live the lifestyle they like. Of course, the rich people we are talking about are not the world’s top rich people like Bill Gates . If a person is considered rich according to the United States, having a family net worth of 1 million US dollars should be a desirable and achievable goal for many people.
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David King, a famous American financial expert, believes that there are two huge differences between the rich and the poor in financial management, which will have a profound impact on whether people can get rich. First, how to manage money. The rich focus on effectiveness in managing money. The rich have an obvious common point in financial management, that is, consumption cannot exceed income, and the money saved must be used for investment. If a person can effectively manage his money, save reasonably and invest effectively, his wealth will increase little by little, and people who are good at managing money will naturally be richer than those who are not good at managing money. Second, the poor mainly use their money for consumption, while the rich mostly use their money for investment. The rich will use money as capital to invest in projects that can increase in value, such as real estate, gold or other valuable assets. The poor regard money as a means of consumption, and they often spend money on depreciating items, such as cars and televisions.
From an economic perspective, the biggest difference between the rich and the poor is that the rich have much more money than the poor. When asked about their secrets to getting rich, their answers are simple, mostly long-term smart investment, hard work and frugality. The American media once compiled the top ten secrets of the rich to manage their finances based on the success stories of some millionaires. Although these secrets may not seem surprising, the profound truths contained in them are worth people’s thinking.
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