6 Millionaire Personalities

[jeffrey]

Every year, The Phoenix Cos. surveys wealthy people to see how they feel about the economy, their financial goals and the like. The survey ultimately is aimed at selling them financial products, but when the Phoenix folks toss all the data in the hopper, it spits out some interesting information on demographics, attitude and tendencies -- a wealth personality of sorts...

The survey came up with six wealth personalities: Satisfied Savers, Status Chasers, Altruistic Achievers, Secret Succeeders, Disengaged Inheritors and Deal Masters. Most of the personalities share some positive characteristics: They work hard, live below their means and know how to make their money work for them. On the other hand, some of them are so worried about losing money that it's a source of daily concern... [read more at msn.com]

If you are curious as to how long it will take you to become a millionaire, you can find out by using the SavingAdvice.com Millionaire Calculator

[The Budget Man]

Re: 6 Millionaire Personalities

The six millionaire personalities fits well with the FOUR FINANCIAL PERSONALITIES.Money For Fun
Money For Others
Money For Projects
Money For Tomorrow

What it all boils down to is that we need to know what motivates us with money. Once we are aware of what our strengths are we need to work with them to achieve our financial goals.

FAILURE with MONEY is often the direct result of trying to look after our money in a way that doesn't suit us.

So here's the recipe for financial success... Know your Financial Personality and organise your money in a way that suits it.

Enjoy Your Money
The Budget Man

https://www.PersonalityBudgeting.com

For a budget you can work with.

[markio26]

Re: 6 Millionaire Personalities

this is great in theory... but, my family has a different mind mode than i do... i like to save and plan to spend for things... my family wants to spend right now on things, the argument is that they lose out on a sale, or miss an opportunity to own it now, or lose money from their work, for taking out more time to repersue the item and price compare it....................i did the calculator and it would take us 50 yrs. to be millionaires... however, when i recalculated and added in our 3 properties value, it will take us 24 yrs.. which is more like it....