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"Pay Yourself First" Was My Foundation for Wealth Building

Often people save only if there is money left over after expenses and discretionary spending.  This is how I started when I started working....

Saturday, September 06, 2025

Become One of the Millionaires

There are about 25 million adult millionaires in the U.S. out of 258 million adults in 2025.  About 10%.   When I was a kid in 1965, there were about 100,000 millionaires out of 140 million adults. About 0.7%.

When I was a kid, I probably never met a millionaire.   Nowadays, if I meet 10 random adults, it is likely that one is a millionaire.

In 2008, I posted on How to Become a Millionaire.  This is not a get rich scheme.  It requires disciplined saving, compounding interest, and at least a 4% return on the funds.  And it can still work today.

Of course, YMMV.

For more on  Reflections and Musings, check back every  Saturday for a new segment.

This is not financial, saving, or becoming a millionaire advice. Please consult a professional advisor.

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