Even though the economy is looking bad right now, there is a little heads up. Millionaire’s financial growth is predicted to grow to $48.5 trillion by 2013 also. America’s millionaire growth will be slower than most, but should speed up again. It looks like it will be China and the United States will be the economic powerhouses in the next upcoming years. No longer will the United States hold the title alone.
There has been a 19.5% drop of millionaires in the world today. Millionaires saw the value of their assets cut from $40.7 trillion to $32.8 trillion. Yes folks, there are less millionaires in the world now. There are still a lot of millionaires in the world, and more to be made, but the economy is really hurting people these days. If it’s taking a toll on them, just imagine what’s it’s doing to the average families in America.
Who wants to be a millionaire? I guess the real question is who doesn’t want to be a millionaire? Everybody would like to be a millionaire, but who is really willing to put in the work, education know-how, and save to become one. Not too many people, which is why everybody can’t be millionaires. Most people don’t have what it more information takes. People can talk a lot of stuff, but when it really comes down to it, that’s all it is … talk. That’s another article though. Those who are not in favor of the current millionaires, well here’s some good news for you. In today’s economic crisis it’s hard to be a millionaire. Don’t get me wrong, there are ways to become one or maintain the millionaire status. I’m just saying that within the last year there has been a record of people falling out of millionaire status.
One way to become a millionaire is to educate yourself. Learn how other millionaires live. It’s not all about flashy living, if that at all. Millionaires save, are very aware of how they spend their money, and very aware of where they put their money. They are always paying attention to what makes their money continuously grow. Learn, teach yourself, network. Why wouldn’t you be the next millionaire? There are ways to do it. It’s up to you as a person to make it happen.
Ryan Best is a college graduate from the University of Virginia. He is currently a Internet Network Marketer. Currently resides in Waldorf, MD. Some people may know his as he was a former safety for the University of Virginia Cavaliers. Although he is big into the internet marketing, he is still pursuing his career in the NFL.
Even though the United States still holds the most millionaires in the world, in the past year the number of millionaires in the United States fell 18.5%. If that’s not bad enough, North America may not hold that position for long. The Asia-Pacific region is still creating massive millionaires. They are on track to have more millionaires that any other region in the world by 2013. This is because of the strong economic growth in China.