Everyday Millionaires Quotes

Rate this book
Clear rating
Everyday Millionaires Everyday Millionaires by Chris Hogan
6,806 ratings, 3.80 average rating, 754 reviews
Open Preview
Everyday Millionaires Quotes Showing 1-24 of 24
“When it comes to your career, you want to strive to become the type of person Patrick Lencioni describes in his book The Ideal Team Player: someone who is hungry (a motivated go-getter), humble (knows who they are and what they bring to the table), and smart (expertly manages relationships). Isn’t that the kind of person you want to work with?”
Chris Hogan, Everyday Millionaires
“The average monthly student loan payment for someone in their twenties is $351.15 If that student avoided student loans, started his or her career without that payment, and invested that $351 into a mutual fund every month instead, they’d have almost $3 million by age 65.16”
Chris Hogan, Everyday Millionaires
“Compound interest is the eighth wonder of the world. He who understands it earns it. He who doesn’t pays it.”
Chris Hogan, Everyday Millionaires
“scarcity thinkers. They only see limitations, usually looking at others’ success with a little jealousy and contempt. They walk around with a “poor me” way of thinking, always listing the reasons for why they can’t get ahead. They feel victimized, as though other people are gobbling up all the opportunities that would otherwise make them rich. Scarcity thinkers can’t see the opportunities around them because they’ve never been taught that those opportunities are there for them too, not just for other people.”
Chris Hogan, Everyday Millionaires
“If you believe you could never become a millionaire, then you will always prove yourself right. You’ll never save enough or work hard enough to overcome that core conviction. However, if you open yourself up to the possibility—the probability—that a $1 million net worth is within your reach, then you’ll already be halfway to the goal.”
Chris Hogan, Everyday Millionaires
“I believe that perseverance, hard work, and commitment lead to success. I got married as a teenager and have since raised a family, gone to college, chased my career around the US, and become successful. Our children and family recognize that nothing was given to us and that the above traits will bring success. There is no such thing as good luck or bad luck—only good planning or poor planning.”
Chris Hogan, Everyday Millionaires
“Typical millionaires—people like Walter and Karen—aren’t trying to keep up with anyone else, and they don’t care about impressing people. They’re just living their lives, taking care of themselves and their families, and quietly serving other people. That’s why most of their neighbors would be shocked to learn how wealthy they are. They don’t fit the mold of what society tells us millionaires look like.”
Chris Hogan, Everyday Millionaires
“The financial industry is full of salespeople, advisors, and gurus who are lining up to offer you advice. The problem is, most of that advice is about getting rich, not about building wealth.”
Chris Hogan, Everyday Millionaires
“Everyday millionaires—not the flashy rich people you may see on television—stay away from debt masquerading as “leverage".”
Chris Hogan, Everyday Millionaires
“When you work for your wealth over years and decades, you’ll usually find yourself with the character to manage it wisely.”
Chris Hogan, Everyday Millionaires
“If I am a success, I can pat myself on the back. If I’m a failure, I have nobody else to blame but me.”
Chris Hogan, Everyday Millionaires
“In fact, 80% of millionaires have never even borrowed money from a friend" Chris Hogan”
Chris Hogan, Everyday Millionaires
“Set—and achieve—goals for yourself. An overwhelming majority (97%) of millionaires say they almost always achieve the goals they set for themselves.”
Chris Hogan, Everyday Millionaires
“My wife and I are pretty simple. Very few people in our circle would believe we have over a million dollars, much less 8.7 million dollars. We bought a home for our daughter and her husband and gifted money to two nephews to help them buy homes. Our passion is helping others with education expenses. Being able to give is so much more rewarding than wishing you were able to give! —John, $8.7 million net worth”
Chris Hogan, Everyday Millionaires
“I’ve heard excuses from so many people about why they can’t get ahead financially. They whine, “I don’t have enough time” or “I’m not smart enough” or “My job doesn’t pay enough.” Whenever I hear this garbage, I always tell people it’s not about how much time you have, how smart you are, or how much you make; it’s about what you do with what you have and how hard you’re willing to work.”
Chris Hogan, Everyday Millionaires
“An excuse is a lie dressed up as an explanation.”
Chris Hogan, Everyday Millionaires
“The average millionaire hits the $1 million mark at 49 years old. This is after years—decades, in fact—of hard work. Only 5% of millionaires got there in ten years or less.”
Chris Hogan, Everyday Millionaires
“you need to do what most millionaires do: understand risk, pick investments that balance the risk and reward you’re comfortable with, and never get distracted with “opportunities” from people who don’t know what they’re talking about. Let’s dig into all this and bust this myth for good.”
Chris Hogan, Everyday Millionaires
“If you want to become a millionaire yourself, it’s time to let go of the wide-eyed, get-rich-quick view of investing that leads most people off a cliff.”
Chris Hogan, Everyday Millionaires
“Build wealth on their own without any inheritance. 79% of millionaires received zero inheritance, meaning only 21% received any inheritance at all. Only 16% of millionaires inherited more than $100,000, and only 3% inherited $1 million or more. So, it’s safe to say that at least 84% of millionaires—if not more—built their wealth on their own!”
Chris Hogan, Everyday Millionaires
“Millionaires report the top two contributing factors to becoming wealthy are discipline and consistency.”
Chris Hogan, Everyday Millionaires
“8 out of 10 millionaires come from families at or below the middle-class income level.”
Chris Hogan, Everyday Millionaires
“79% of millionaires received no inheritance at all from their parents.”
Chris Hogan, Everyday Millionaires
“I’m the reason I’m not winning yet, and I’m the reason I will win in the future.”
Chris Hogan, Everyday Millionaires