The Unsexy Secret to Becoming a Millionaire: Practicality

When you think of millionaires, what comes to mind? If you picture haute couture handbags, flashy cars, and bottles of Dom Perignon, you’re not alone. But you’re also way off the mark for spotting most millionaires.

The average American millionaire wears jeans and drives a Ford.

Yes, I’m serious.

Why is this information important? Are we going millionaire spotting later on? Is this like bird watching? Um, no — and no.

But knowing how most millionaires got to where they are — and following in their footsteps — is a smart move for people like you and me.

Luckily, following in their footsteps is easier than you think…

Millionaires get rich by being practical.

The Millionaire Next Door: The Surprising Secrets of America’s Wealthy is a cult-classic book revealing the results of an exhaustive study of more than 500 millionaires and 11,000 high-net worth or high-income individuals in America.

The book’s biggest bombshell? Most millionaires aren’t celebrities, tech founders, or investment bankers. They’re just goal-oriented, pragmatic people who live below their means and save as much money as they can.