3 things self-made millionaires never do with their money - Business Insider

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Many self-made millionaires shy away from assisting their adult children financially

He also found that most didn't get their wealth through family connections or inheritances. Rather, about 80% were first-generation affluent and were self-made through a combination of their habits, incomes, and investments.

. While these elite cards can come with nice perks for traveling and spending, they also often have high fees.— they do. In fact, 59% of millionaires surveyed had a lower-fee Visa card, and 56% had a MasterCard credit card. It's worth noting, however, that while credit cards may have perks and benefits, they're useful only when a card's balance is paid in full each month so the card doesn't accumulate interest.

 

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Step 1. Wealthy people don’t spend more than they have. Start today with BUDGET and subscribe at

They pay for undergrad education, 60% give for home down payment and 18% give income properties.

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