It might seem like the rich know something about money that the rest of us don’t. After all, the richest 1 percent of people now hold half of the world’s wealth, according to the Credit Suisse Global Wealth Report.
Maybe the rich do have secrets to accumulating wealth, but that doesn’t mean what they know has to remain a mystery. Here are seven things every rich person knows that you can use to build your own wealth.
SPENDING MUST ALIGN WITH GOALS
One of the keys to being rich is having goals, said Michael Kay, president of Financial Life Focus and author of “The Feel Rich Project: Reinventing Your Understanding of True Wealth...