In The Top Ten Distinctions Between Millionaires and the Middle Class, by Keith Cameron Smith, Ballentine Books, 2007, Smith discusses ten distinctions in how middle-class thinking differs from how wealthy people think.
Here is a quick overview of the ten distinctions:
(1) Millionaires think long-term, whereas the middle class thinks short-term.
(2) Millionaires discuss ideas; whereas, the middle class talks about things and people.
(3) Millionaires embrace change, whereas the middle class feels threatened by change.
(4) Millionaires take calculated risks, whereas the middle class avoids risks.
(5) Millionaires continually learn; whereas, the middle class stops learning with school.
(6) Millionaires work for profits, whereas the middle class works for wages.
(7) Millionaires believe they must be generous, whereas the middle class believes that they can’t afford to be generous.
(8) Millionaires have multiple sources of income, whereas the middle class has only one or two sources of income.
(9) Millionaires focus on increasing net worth, whereas the middle class focuses on increasing paychecks.
(10) Millionaires ask empowering questions; whereas, the middle class asks questions that diminish power.
This is a fun, short book that can change how a person thinks about financial matters.
Rating: $$$$ out of five. It contains good, general ideas, but it takes knowing how to execute these ideas to turn them into money.
You can find out for yourself whether this book can help you think millionaire thoughts by buying the book. This book can be purchased on Amazon by clicking the link below. I paid for my copy of this book the same as you will should you decide to purchase it. I have received nothing from the author or publisher for this review.
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