Although a million dollars won’t buy you what it used to, becoming a millionaire is still the gold standard of financial success in America. Once you’ve crossed the million dollar barrier, you have officially entered into the land of the wealthy. For most Americans, a million dollars in net worth seems like it is out of reach – but it doesn’t have to be.
According to the Spectrum Group, a market research and consulting firm based in the D.C. area, more U.S. households than ever before have a net worth of over one million dollars. In 2014, this demographic included 10.1 million households, an increase of almost 500,000 from the previous year.
How do they do it? The answers may not be as difficult – or as complicated – as you might think. Building wealth is often the result of creating good habits and dedicating yourself to accomplishing individual tasks. If you’ve ever wanted to know how to become a millionaire, now is the time to start learning. Use these 7 (not so secret) secrets to start building your fortune today. [Read more…]