• Control of their time
• Control of their choices
• Control of their location
Stealth wealth is a superpower
4. F*ck the Jonesses
Undercover millionaires do not care about keeping up with their social circle
They don't care about
• Clout
• Following trends
• Social acceptance
They live life on their own terms
5. Avoid Debt
Undercover millionaires know that debt is stealing their future selves
They only use it to buy cash-flowing and appreciating assets
They never use credit cards or loans for consumer spending
They never use margin or leverage for their investments
6. Always Have A Budget
Undercover millionaires know exactly where each dollar goes
They use a budget to assign a job to their money
And what's that job?
To make more money for them
They treat their money as employees that work for them to increase their revenue
7. Avoid Get-Rick-Quick Schemes
Undercover millionaires do not get caught up in "too-good-to-be-true" investments
Instead, they choose what already works
• Stocks
• Real Estate
• Index Funds
• Personal Businesses
8. Invest With Discipline
Undercover millionaires always have a consistent investment plan
They don't get emotional and don't let others affect their investing decisions
They always consider a potential downside and are not blinded by promised high returns
9. Create Multiple Income Streams
Undercover millionaires know that no job is secure
They know that only on income source is risky
They diversify their revenue streams and start side hustles in their free time
They use their 9-5 to quit their 9-5
10. Provide Value
Undercover millionaires do not count the hours they work
They measure the value they provide and the problems they solve
They offer value before they expect others to offer them something in return
11. Give Back
Undercover millionaires do not forget where they started from
They always help their community
They mentor younger people to provide professional and personal advice
They help them avoid the mistakes they had done when they were in their place
To Summarize:
1. Pay Yourself First 2. Acquire High-Paying Skills 3. Live Frugally 4. F*ck the Jonesses 5. Avoid Debt 6. Always Have A Budget 7. Avoid Get-Rick-Quick Schemes 8. Invest With Discipline 9. Create Multiple Income Streams 10. Provide Value 11. Give Back
Follow these steps and you will definitely become an undercover millionaire
And always remember
It's better to look poor and be secretly rich than look rich and be secretly poor
/END/
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