Millionaire. It is a word that is a source of envy for many; for good reasons beyond the obvious financial advantages. Accordingly Northwestern Mutual’s 2024 Planning and Progress Study87% of American millionaires say they have clarity about how much they should save for tomorrow and how much they should spend today, compared to only 66% of the general population. They also feel much more prepared: 87% of millionaires expect to be financially prepared for retirement when the time comes; that’s 30 percentage points higher than the average American.

During being “very rich” Although it’s a difficult subject for most people to understand, the wealthy practice five financial habits to build and maintain their wealth that anyone can use to achieve greater success. financial security.

1. Focus on the big picture