Working with people for over twenty years has provided insight into certain behaviors that make people financially successful. While many of the following principles are common sense, some of them go against common financial advice we see given to this day. Just because something is simple, does not mean it is easy.

So are you acting like a millionaire? Do you…

  • Carry lower than average mortgage debt
  • Track financial progress over time
  • Save automatically and regularly
  • Spend below your means
  • Have a higher than expected emergency fund and savings accounts
  • Use pro-active tax planning
  • Plan and save for large purchases
  • Avoid comparing yourself to others (don’t worry about “keeping up with the Jones’)
  • Set long-term goals
  • Understand your home is an asset, not an investment