How do Millionaires live?
Most millionaires save between 15-20% of their income, wear inexpensive clothing and drive late-model cars. For example, billionaire Warren Buffet drove a 2001 Lincoln Town car before he auctioned it on Ebay in 2005 for charity and drove a 1983 Oldsmobile for 15 years before purchasing the Town car. Also, you won’t catch Bill Gates in the MayBach or $400,000 Rolls Royce Phantom (Jay-Z’s favorite car), instead he drove a 1999 Porsche 911 Convertible and a 1988 Porsche 959 Coupe. About 97% of millionaires own their home and their homes on average are worth $320,000. Most of them have lived in the same home for more than twenty years. Another real-life example is billionaire Warren Buffet, who lives in the same house in Omaha, Nebraska he bought for $31,500 in 1958. Are they smarter and more intelligent than us? Of course not! About 65% of millionaires have a bachelors degree, 18% have obtained master’s degrees, 8% law degrees, 6% medical degrees, and 4% PhD’s. Most millionaires will tell