Why You’ll Never Become a Billionaire

I realize most people don’t have aspirations to become a billionaire. Most people just want to get out of debt and maybe live a middle class lifestyle. The more ambitious of you want to become millionaires. Trust me, being a millionaire is over-rated. Millionaires may have been an exclusive segment of the population 50 years ago, but it’s not so exclusive anymore. According to this CNBC article, there are 10.8mn households that have a net worth of $1 million or more, or 10% of total households. Being a millionaire used to be like having platinum status, and now it’s more like gold. Maybe even silver. Continue reading “Why You’ll Never Become a Billionaire”