Best Personal Finance Advice for Millionaires From 3 Billionaires

Best Personal Finance Advice for Millionaires From 3 Billionaires
Berkshire Hathaway Chairman and CEO Warren Buffett smiles at the New York Stock Exchange before ringing the opening bell in New York City, on Sept. 30, 2011. Mario Tama/Getty Images
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Hitting the million mark, especially if you did it all by yourself, is a huge achievement—both financially and personally. While some people make peace with the millionaire tag, most head towards the next big milestone—becoming a billionaire.

However, a lot of people fail to realize that although the difference between a millionaire and a billionaire may sound trivial, it’s still a huge leap, one that not many can take. So if you have decided to embark upon your journey to become a billionaire, what you need the most right now is to hear from the leaders who have already walked in your steps and achieved the goals you want.

Why Can’t Every Millionaire Become a Billionaire?

Once people hit the millionaire mark, they often feel the billionaire mark is just a few steps away. However, the more money you have, the harder it becomes to manage. One of the biggest mistakes most millionaires make is investing in appearing like a millionaire. A huge house, multiple cars, international trips, and frivolous spending soon wear down their money and make every other financial milestone impossible to achieve.
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