The Dark Side of Being a Millionaire! (The Truth About Being Wealthy)

Being a millionaire isn’t always sunshine and rainbows. In this episode, we’ll discuss some common pitfalls and traps millionaires fall into, shock-and-awe stats, and how you can handle your money even better than a millionaire.

In this episode, you’ll learn:

• The pitfalls and traps that come with being wealthy
• Shocking data that is true about the average millionaire
• Money Guy tips to avoid these pitfalls

Research and resources from this episode:

• Why Are So Many Households Unable to Cover a $400 Unexpected Expense?
• 60% of millennials earning over $100,00 say they’re living paycheck to paycheck
• Average Credit Card Debt in America: 2021
• This is the real downside of making more money, according to a new study
• Children of the Affluent: Challenges to Well-Being
• Why The Super-Successful Get Depressed
• Comparing Yourself to Those Slightly Wealthier Yields Unhappiness
• Failure To Launch
• Work with us

Enjoy the Show?

• Sign up for the Financial Order of Operation (FOO) Online Course!
• Sign up for our Know Your Number Course!
• Check out our Net Worth Tool!
• Get FREE downloads full of financial advice from our Resource Page!
• Subscribe on YouTube or wherever you listen to podcasts.
• Send us your questions or share your story.