Secrets of the Self-made

22nd Mar 2018

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A round-up of articles on self-made millionaires and their journey to success. Check out our Client of the Week section for high-income people who opened Defined Benefit Plans to save on taxes and build wealth.

Regular People Explain How They Became Millionaires in Their 30s

Two millennials who achieved millionaire status share their wisdom on what it took to get there by their 30s.

Via Business Insider

Self-made millionaire Barbara Corcoran: I Always Fly Economy Because I’m ‘Too Cheap’

Real estate mogul and self-made millionaire Barbara Corcoran, a celebrity on ABC’s “Shark Tank” might have more than enough money to afford first class, but the budget-conscious entrepreneur reveals she still flies coach if she has to pay for the flight. “I always fly economy if I’m paying the tab, because I’m too cheap to spring for an expensive ticket,” Corcoran says.

Via CNBC

Author Who Studies Millionaires: How to Get Rich and Then Stay Rich

Author Tom Corley, an internationally recognized authority on habits and wealth creation, says the key to becoming rich is to or becoming financially independent boils down to a two-step process: Accumulate wealth and keep the wealth you’ve accumulated.

Via CNBC

Top 10 Self-Made Women Billionaires

While most of the richest women featured in Forbes’ list inherited their fortune, dozens of these women business magnates were self-made. This year was particularly positive for women billionaires, who numbered at 256 out of a total of 2208 entries -an all-time high. Seventy-two female billionaires were self-made, up from 56 last year.

Via Forbes Middle East

From Refugee to Real Estate Mogul: How Tahani Aburaneh Became a Self-made Millionaire

Tahani Aburaneh is a real-estate mogul and entrepreneur who has founded five companies, including a development company, an investment company, and an educational initiative called Tahani International. When she looks back at her humble beginnings and her journey to success, she can’t believe it herself.

Via Yahoo

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34-year-old self-made millionaire says budget holds you back from saving money via @CNBC #selfmadehttps://t.co/81Y9H8lWZj

1:02 AM 23 February 2019

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6 ways advisors can protect themselves and clients from tax scams via @wealthmanagement #advisors #taxes https://t.co/KQWEgCmwQp

11:15 PM 22 February 2019

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More physicians are working as tele-doctors, earning high income and opening defined benefit plans to reduce taxes https://t.co/Ee3LLYjUrY

10:45 PM 22 February 2019

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Here’s what wealthy families need to know about the new tax law via @FAMagazine #taxlaw #taxreform #TCJA https://t.co/4cGvlClpzN

9:39 PM 22 February 2019

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How 199A deduction has changed retirement planning for small business owners via @forbes @retirementriskshttps://t.co/hHNmgMCxUh

10:28 PM 21 February 2019

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Tech giants Google and Amazon are looking to capture financial services via @finplan #wealthmanagementhttps://t.co/5Yx83zzAiT

9:30 PM 21 February 2019

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