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Shocking Habits of Successful People

Successful Habits Tip: The goal is not to act rich but to be productive. Interestingly, Thomas Stanley buttressed in his book that for the most prestige brands of cars, about 86% percent are toys of the non-millionaires. While most believe that people with huge fortunes tend to drive exotic cars, in reality the largest consumers of pricey cars are aspiring millionaires.[3] According to findings by Experian Automotive Researchers, 61% of individuals who earn $250,000 or more rarely buy luxury brands. Instead, they buy Hondas, Toyotas, and Fords like the rest of the world. The reason is they are not ready to spend money on premium cars that tend to drop in value in a couple of years as it would cost money. Millionaires invest in assets that appreciate.[4] (lifehack.org)

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References
  • Gibbert, M. , Leibold, M. , & Probst, G. (2002). Five styles of CKM, and how smart companies use them to create value. European Management Journal20 (5), 459–469. doi:10.1016/S0263-2373(02)00101-9  [Crossref][Google Scholar]
  • 3 Weekend Habits of Highly Successful People

    Seven Habits of Highly Effective People by Stephen R. Covey – Explained by Gnanvatsal Swami