How to Become a Millionaire : A Straightforward Approach to Accumulating Personal Wealth
by Mark Lee Alch

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Summary of How to Become a Millionaire : A Straightforward Approach to Accumulating Personal Wealth

No, you don't have to do any of those things to become a millionaire. Most millionaires don't. Most millionaires are people not unlike you. Your job doesn't even have to pay you a lot of money. If you have a job, all you have to do is keep it. If you want to become a millionaire, you must remember this: it isn't how much money you make, it's how much money you keep. The major research for How to Become a Millionaire comes from Mark Alch's fifteen years' of experience in financial planning and career assistance, for both high-income, senior-level executives and middle-income, mid-level managers at a premier worldwide management-consulting firm. This book explores the developmental steps the average millionaire takes to achieve $1 million net worth, as well as the characteristics they all share. Topics covered include: the expectations millionaires have; how wealth can be built by easy-to-follow steps; how being frugal is still a virtue for the wealthy; how the high net worth ($1 million in net worth) operate as consumers; how to select financial advisors; how the wealthy spend their free time; how they become leaders and serve their communities; how they handle inheritance; and when and how they retire.

By the time you finish How to Become a Millionaire, you will know that becoming a millionaire isn't very complicated. It also isn't easy. It takes discipline and self-control and it may take your entire working life. But you don't have to be a genius. You just have to know that you want to be a millionaire and be willing to pay the price.

General Books

• Subjects > Business & Investing > Industries & Professions > Accounting > General
• Investing > General
• Personal Finance > Financial Planning