The Daily Motivation

4 Millionaire Habits You Need To Build Real Wealth | George Kamel

12 snips
Sep 27, 2025
Wealth isn’t just about money; it's about mindset. Discover the surprising habits of millionaires, who often drive used cars and live below their means. Explore the dangers of instant gratification and how delayed gratification leads to true financial success. Learn why 97% of millionaires believe they control their financial destiny, transcending income levels. This conversation reshapes your understanding of what it means to build lasting wealth.
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ADVICE

Spend Less Than You Earn

  • Live on less than you make to create consistent savings and avoid structural shortfalls.
  • If you spend more than you earn, the path to wealth is blocked regardless of income.
INSIGHT

Credit Created A New Spending Culture

  • Instant access to credit and loans enabled sustained overspending and higher prices across industries.
  • Companies profit from consumers' impatience, which fuels debt and normalizes living beyond means.
ADVICE

Embrace Delayed Gratification

  • Practice delayed gratification by prioritizing long-term goals over immediate wants.
  • Automate savings or set cash targets so you consistently fund your future self instead of impulse purchases.
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