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6 Habits That Help Average People Make Millions

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Do you want to become a multimillionaire? It’s possible to make all your dreams come true and build the future life you envision. But it won’t happen by chance. Self made millionaires have the 6 habits in common, so if you want to join the ranks of self made millionaires – or better yet, billionaires, you’ll want to read up. Here’s the 6 habits that help average people make millions:

1. Quit your job

If you’re working a 9 to 5 job, you’re working a J.O.B. And you’re probably Just Over Broke. You’re putting your time into making someone else rich. Successful people understand that their time is worth more than an hourly rate. If you’re working a job, your income is limited to your hourly rate, which dictates your worth. In a job, it’s incredibly difficult to go beyond your industry average salary.

If you look at the multimillionaires and billionaires of the world, most of them didn’t get to where they are by working a job, instead, they started a business. Building wealth is about building a business. So, quit your job and start a business, and start building the financial future of your dreams.

2. Don’t get into debt.

Don’t get into debt or spend money that you don’t have. Save money, build strong money habits, and keep your living expenses to a minimum. If you get into debt, you’ll end up paying interest rates on this money, which will only hinder your growth. And that extends into college – don’t get a degree if it means burying yourself in debt.

Wealthy individuals know that they lose money through debt. If you want financial success, you need to first put in the hard work and avoid debt as much as possible. That means driving modest cars, building daily success habits, and working towards having significant savings that you can invest. If you want to build wealth, you need to focus on growing your capital, not your liabilities.

3. Stay frugal.

Rich people don’t get rich by overspending. You need to keep costs at a minimum and drive revenue. Don’t spend unnecessary money on things that don’t give you a return on your investment. Unless a purchase is helping you get more money, do not spend money. Watch your money and stay incredibly frugal.


When you’re building a business, you need to be prepared for incredible sacrifice. Nothing comes easy in life. You’ll need to work your hardest to build a successful business. This means long nights and working on the weekends. Instead of heading out to dinner and drinks with friends, you’ll need to be working on your business. Sure, you won’t have much free time, but you will have financial reward in the future.

If you think there’s an easy way to the top, you’re wrong. Successful people put in the hard yards and focus on their business and self improvement. Unless you’re extraordinarily lucky, you won’t become a millionaire requires more than a positive mental outlook. You need to buck down, commit to hard work, and be prepared to sacrifice.

5. Invest in property.

The majority of multimillionaires have extensive real estate portfolios. They understand that real estate is the absolute best asset for long term wealth and a necessary component of any portfolio. A real estate portfolio will give you multiple streams of income, can act as a side business, and improve your long term financial situation.

6. Don’t rely on financial advisors.

Finally, don’t just rely on financial advisors or brokers. A certified financial planner is for the already wealthy, not for those who have to work their way from the ground up. If you’ve inherited wealth, then a financial planner and the stock market might be a good fit for you. But if you think that just investing in stocks is going to get you to where you want to be, then you’re going to be waiting a long time before you reach financial freedom. k. Educate yourself on the principles of wealth building so you have a thorough understanding of your investments.

At the end of the day, you want to get to a certain level of financial status where you can buy and hold properties, not just fix and flip them or wholesale them. This is true real estate investing. Once you own properties for the long-term, they will continue to grow in value and ultimately lead to generational wealth.

You’ll need to understand the market, build relationships with lenders, and do your research to make sure you’re investing in properties that will continue to grow in value. Then, you will start enjoying cash flow that will only further enhance your wealth and help you grow your business.

You are who you surround yourself with: connect with wealthy people

Lastly, you need to surround yourself with the right people.

Henry Ford once said, “I am not the smartest, but I surround myself with competent people.” You don’t need to be the smartest person to build a successful business, but you do need to be smart enough to surround yourself with people who do the things you can’t do, or don’t want to do.

You must realize your faults and where you lack skills or information. Then, go out and find people who can fill those gaps. Hire a great attorney or an outstanding marketer. Don’t try to become a jack-of-all-trades because it’s just not possible.

Your network is your net worth. Connect with other business owners, entrepreneurs, and real estate investors. Learn from them. Ask for advice and find out what habits and strategies they’ve used to become successful. Adopt their lessons into your own business and watch your success skyrocket.

If you don’t know how to meet other success-minded people, actively participate in networking events through conventions, charitable organizations, and conferences.

These are the five steps of how you can become a multimillionaire in five years. Now that you know the six habits of millionaires, it’s time to put them into action.

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About the author

Picture of Kelsey Heath
Kelsey Heath is a real estate content specialist with an extensive background in residential, industrial, and commercial property. She has been involved in the industry for a decade as a professional and personal investor, gaining a deep understanding of the market and trends. With a passion for written communication, Kelsey loves helping people understand the sometimes-complicated concepts behind real estate and is now a sought-out guest and ghostwriter.