The Top 10 Distinctions Between Millionaires and the Middle Class by Keith Cameron Smith

The Top 10 Distinctions Between Millionaires and the Middle Class by Keith Cameron Smith

When it comes to understanding the financial differences between millionaires and the middle class, Keith Cameron Smith’s book, The Top 10 Distinctions Between Millionaires and the Middle Class, has been hailed as an invaluable resource. In the book, Smith discusses his “10 distinctions” that are key to understanding the differences between millionaires and the middle class. Here is a summary of Smith’s top ten distinctions:

1. Money Management - The middle class manages money by spending it and juggling debts to pay the bills, while millionaire take intelligent risks and schedule regular investments, putting money to work for them.

2. Thinking – The middle class tends to think in terms of how to get by each month, while millionaires think of long-term strategies for success.

3. Goal Setting – Middle class citizens fail to set goals, while millionaires set clear and measurable goals to reach their objectives.

4. Creativity - Middle class folks usually struggle to think of new ways to achieve success and often lack innovative ideas, while millionaires are constantly open to creative ways to reach their goals.

5. Taking Action – The middle class often lacks the drive to take any risks and face the inconceivable whereas millionaires have the skill to communicate effectively and confidently in order to get the right investments and strategies in place.

6. Fear - Middle class citizens tend to be driven by fear, whereas millionaires use fear’s presence as an opportunity to push through fear and make smart decisions.

7. Networking – Middle class people tend to think of networking as a chore, while millionaires have intuitively figured out the importance of networking with the right individuals.

8. Environment - Middle class people typically stay where it is comfortable and safe, while millionaires often challenge themselves by surrounding themselves with the people and situations that force them to step outside of their comfort zone.

9. Perspective - Middle class minds are often conditioned to think small and within their own confines of comforting ideas, while millionaires truly challenge themselves and think from a heightened perspective in order to find success.

10. Advice - Middle class hearts lead them to advice from what is safe and popular, while millionaires know that taking sound advice from experienced people and professionals is key in helping them succeed.

In his book, Smith brings his readers through an in depth exploration of the top ten distinctions between millionaires and the middle class. It provides an insightful view of the mindset, forces and position of millionaires and the middle class. With this unique perspective, readers can easily identify any areas they may need to improve on in order to join the ranks of the millionaires. Smith’s book helps the readers understand how the differences in attitude, knowledge and skill between the two groups plays an important role in financial success and allows them to understand the differences necessary for long-term success. It is an invaluable guide for anyone looking to enter the world of financial success.