Thread by @itsKostasOnFIRE

The 12 Superpowers of Millionaires

Gain Them And You Will Become Rich

/THREAD/

1. The Superpower Of Habits

Millionaires develop daily routines on

• Meditation
• Exercising
• Learning
• Reading
• Diet

They do daily what unsuccessful people do occasionally

The secret of wealth hides in their daily habits

2. The Superpower Of Financial Literacy

Millionaires know the basic financial principles

• Index fund investing
• Compound interest
• The Rule of 72
• Diversification
• The 4% Rule
• Accounting
• Budgeting

They have their money work for them to make more money

3. The Superpower Of Frugality

Millionaires do not:

• Live in mansions
• Drive luxury cars
• Buy expensive brands

Instead they:

• Live frugally
• Stick to their budget
• Do not obsess over material possessions

Millionaires stay rich by acting like they are poor

4. The Superpower Of Stealth Wealth

Millionaires do not:

• Care about social acceptance
• Chase fame and status
• Follow trends

What they do instead:

• Value solitude
• Appreciate privacy
• Prioritize peace of mind

Privacy and freedom are their most valuable assets

5. The Superpower Of Discipline

Millionaires have discipline in their:

• Life
• Businesses
• Investments

They make a plan and stick to it despite:

• Temporary setbacks
• Social trends
• Challenges

Discipline leads to consistency, and consistency leads to success

6. The Superpower Of Risk Calculation

Millionaires always hedge their bets

They are prepared for a possible loss before considering a potential upside in their decisions

They only take calculated risks and diversify to minimize their exposure to them

7. The Superpower Of Emotional Intelligence

Millionaires have:

• Self-awareness
• Self-regulation
• Social skills
• Motivation
• Empathy

That way they:

• Are calm
• Are optimistic
• Resolve conflicts
• Manage emotions
• Communicate effectively

8. The Superpower Of Gratitude

Millionaires appreciate what they have

They use daily affirmations to express gratitude for their:

• Health
• Family
• Success
• Challenges

They always want more but they are never greedy

9. The Superpower Of Networking

Millionaires only associate with winners who are:

• Hustlers
• Investors
• Intelligent
• Businessmen
• Constant learners

They use those connections for their own progress and improvement

Their network is their net worth

10. The Superpower Of Self-Improvement

Millionaires aim to get better even 1% every day

They always look for new challenges to grow and improve themselves

These can be a new:

• Language
• Business
• Hobby

They understand that if you don't grow, you die

11. The Superpower Of Self-Learning

Millionaires always strive to learn more

Warren Buffett spends 80% of his working time reading

Bill Gates spends 2 weeks per year isolated reading books

While fools think they know everything, millionaires understand that they know nothing

12. The Superpower Of Compounding

Millionaires have a long-term mindset and use the power of compounding in their:

• Life
• Skills
• Businesses
• Knowledge
• Investments

They know that success is the compounding of their daily habits and that it takes time to see results

To summarize, millionaires have these superpowers:

1. Habits
2. Financial Literacy
3. Frugality
4. Stealth Wealth
5. Discipline
6. Risk Calculation
7. Emotional Intelligence
8. Gratitude
9. Networking
10. Self-Improvement
11. Self-Learning
12. Compounding

Gain them and you will become wealthy:

• Financially
• Personally
• Socially

The decision is yours

/END/

If you liked this thread click below and retweet the first tweet, and follow me to stay updated

https://twitter.com/itsKostasOnFIRE/status/1383428689489104899?s=20

Check below my master thread with all my threads on

• Finance
• Investing
• Stock market history

https://twitter.com/itsKostasOnFIRE/status/1345790210441928708?s=20