Sign In
Not register? Register Now!
You are here: HomeEssayBusiness & Marketing
Pages:
2 pages/≈550 words
Sources:
No Sources
Level:
Other
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 7.2
Topic:

5 Financial Habits Of Millionaires Business & Marketing Essay (Essay Sample)

Instructions:

cONTENT WRITING

source..
Content:

5 Investing Habits Millionaires Have in Common
When it comes to investing, millionaires are devoted to financial instruments in measuring the short and long-term risks and benefits of different kinds of investments. The wealthy people know that it takes money to make money and you can’t get that investment profit you need when you spend all your money. Millionaires are known for the habit of investing slowly but steadily over some time. They live below their means and are frugal with their spending. The poor on the other hand are known to live beyond their means with little or nothing left to save and invest. Below are some of the most prominent financial habits of millionaires you should imbibe today.  
They Build Wealth and Focus on the Future
Millionaires are of the habit of building wealth and not status. They shop at places where ordinary people shop and even live in the average income earners’ neighborhoods because they pay more attention to building wealth and not status. Some millionaires buy pre-owned cars instead of new ones to avoid a huge depreciation hit. The only reason why these wealthy people save their money is to invest it. They believe that wealth cannot be built by acquiring processions but by having fewer wants.

...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

Other Topics:

  • Global Business Ethics Business & Marketing Essay Paper
    Description: Carroll’s Corporate Social Responsibility (CSR) is the well-known model of the CSR through analyzing four significant levels. These are the economic, ethical, philanthropic and legal. According to the view of Carroll, the CSR is the conduct of doing business in such a way which can be economically...
    10 pages/≈2750 words| 21 Sources | Other | Business & Marketing | Essay |
  • Planning local and regional planning. Business & Marketing Essay
    Description: The marketing and implementing public policy involved the team of community facilitator’s, activists and researchers from the Centre for the study of violence and reconciliation (CSVR),a Johannesburg....
    1 page/≈275 words| 2 Sources | Other | Business & Marketing | Essay |
  • Recommendations To Improve Business Operations At The SLAS Department
    Description: The purpose of this report is to talk about practical business communication and see how the strategies under the concept can be helpful for capacity in a long and a short-term basis....
    1 page/≈275 words| 8 Sources | Other | Business & Marketing | Essay |
Need a Custom Essay Written?
First time 15% Discount!