12 Broadcaster Press May 21, 2019 www.broadcasteronline.com 5 Simple Habits of the Average Millionaire By Chris Hogan I’m going to come right out and say it: Anyone can become a millionaire in America today. And when I say anyone, I mean anyone — –that means you,, too! Did you know There are more thanabout 121 million millionaire households in Americans today with a net worth of at least $1 million today?.1, Aand the good news is, it doesn’t take a rocket scientist (or a professional athlete’s salary) to reach millionaire status. No matter who you are or where you came from, you have the power to create the financial future you want for yourself and your family. With ‘National Be a Millionaire Day’ just around the corner, here’s a list of five simple habits that average millionaires practice every single day — and you can tooand you can, too!. 1. They’re avid readers. President Harry Truman once said, "Not all readers are leaders, but all leaders are readers." One of the reasons millionaires become millionaires is because of their constant desire to learn. To them, leadership books and biographies are much more important than the latest reality show or who got kicked off the island. When they have free time, they use it wisely —– by reading. When they have free time, they use it wisely—by reading. 2. They understand delayed gratification. Everyday millionaires spend most of their lives sacrificing temporary pleasures for long-term success. They have no problem buying an older, used car, living in a modest neighborhood and wearing inexpensive clothes. They don’t care about keeping up with the Joneses. These decisions allow them to do things like save for retirement and college, save for retirement and college, and build up a large down payment for their dream home. They realize that instant gratification is fun — but delayed gratification is so much better. Today’s sacrifices set them up for tomorrow’s success. 3. They stay away from debt. One of the biggest myths out there is that average millionaires see "debt as a tool. " Not true!. If they want something they can’t afford, they save and pay cash for it later. Car payments, student loans, same-as-cash financing plans — these just aren’t part of their vocabulary. That’s why they win with money. They don’t owe anything to the bank, so every dollar they earn stays with them to spend, save, and give! Debt is the biggest obstacle to building wealth. Debt is the biggest obstacle to building wealth. I tell everyone: . You need to avoid it like the plague. Your dreams are too important! 4. They live on a budget. Your budget is your plan. And you can’t build a million-dollar net worth without a plan. , people. Success isn’t an accident. You are in charge of your own wealth -building. Just like you build a house by starting with the foundation, you build wealth by starting with the budgeting basics. And then you keep following them. When you’re making a lot of money, you don’t stop managing it, right? Average millionaires have made a habit of budgeting every month. They know what’s coming in and what’s leaving their bank accounts. If you only remember one thing, it should be this: Budgeting is the key to winning with money. Budgeting is the key to winning with money. It’sYou have to t telling each dollar where to go at the beginning of the month, instead of wonderingso you don’t wonder where it all went. 5. They give. Sure, some rich people can be selfish jerks — just like anyone else. But the everyday millionaires who live down the street, the ones you don’t even realize are wealthy, are some of the most giving people you’ll ever meet. I know because I’ve met a lot of them. They work hard, save, and respect the ability of others to do the same. Whether it’s tithing at church, donating to a charity, or just giving to friends and family, these people have generous spirits. They realize that the most important thing you can do with wealth is help others. That’s actually why they continue building their wealth. They realize they can’t take it with them when they die. Instead of spending it all on the latest toys, they choose to leaveing a legacy for the people who mean the most to them. leave a legacy for the people who mean the most to Grilling Safety: them. Ready to Become an Everyday mMillionaire? Let’s be clear: This idea that wealthy people always live in megamansions and wear $500 jeans is a myth. Being successful with money is as simple as living a modest lifestyle that follows a few basic principles. The more of these habits you follow, the more successful you’ll be with money. Just ask Warren Buffett. I’m here to tell you:, Bbuilding wealth has almost nothing to do with your income or background. In my new book, Everyday Millionaires: How Ordinary People Built Extraordinary Wealth – And You Can Too, Everyday Millionaires: How Ordinary People Built Extraordinary Wealth — And You Can Too, my team and I studied 10,000 U.S. millionaires (— the largest study on millionaires ever conducted) —and found that most of them don’t look the part. The majority live in normal, middle-class neighborhoods and drive modest cars. So, if you’re ready to get serious about wealth -building, talk with the financial professionals. in our SmartVestor program. They’ll help you build a clear wealth-building plan and keep you focused on your way to becoming an everyday millionaire!. It’s up to you! The Dos and Don'ts of Cooking On The Grill Spring and Summer – it’s such a great time for grilling. The days are longer and grilling out makes every day just a little more special. This is a good time to remind everyone on how to use your grill properly. Seriously, we can all use a refresher. Especially when you consider that up to 7,000 Americans are injured each year using barbecue grills. Read through these DOs and DON’Ts so you don’t become a statistic! GRILLING DOs 1. Adhere to the “10-foot rule”: Minimally, grills should be kept 10 feet away from any type of structure, including carports, garages and even porches. Any closer and the potential for nearby objects to catch fire greatly increases. Generally speaking, the farther away your grill is from any type of structure, the better. 2. Maintain it: Grease is the biggest factor in grill flareups, so if you allow grease and fat from foods that you’re cooking to build up, your risk of a fire also increases. Cleaning your grill is relatively simple and, in addition to minimizing the fire risk, it can also help you cook better. 3. Check regularly for leaks: Most times, a gas leak is obvious – like when an odor can be detected. While other times, it may not be so obvious. That’s why it’s recommended that you periodically check for leaks using a little bit of craftiness. Create a solution comprising half dish soap and half water and then apply it to the line connecting your gas tank and grill. Then, turn on the grill. If the solution begins to bubble, you’ve got a leak that you should address immediately. 4. Take preventative safety measures: Grilling is essentially managing a fire, so make sure you’re prepared to deal with these flames should they become dangerous. It’s recommended that you keep a spray bottle of water handy About Chris Hogan for minor grill flare-ups and have a fire extinguisher in your Chris Hogan is a #1 national best- garage or nearby location in case things escalate. selling author, dynamic speaker, and GRILLING DON’Ts financial expert. For more than a 1. Don’t - turn on the gas with the lid closed: This is decade, Hogan has served at Ramsey perhaps the biggest no-no, as it is one of the most common Solutions, spreading a message of sources of injury associated with grilling outdoors. Why hope to audiences across the counshould you never light the grill with the lid closed? Because try as a financial coach and Ramsey gas will build up inside of it, igniting a fireball that can cause Personality. Hogan challenges and serious injury when you do get around to lifting the lid. equips people to take control of their 2. Don’t - leave your grill unattended: Many grillers will money and reach their financial goals throw some food on the grill and then occupy themselves through The Chris Hogan Show, his with something else until it is ready, only periodically national TV appearances, and live checking on it. This is another habit to avoid—because fires events across the nation. His second are said to double in size every minute. So if you’re away book, Everyday Millionaires: How for 5 minutes and a fire breaks out around your grill, you’ve Ordinary People Built Extraordinary got five times the problem on your hands than if you had Wealth –— And How You Can Too, tended to the grill properly. Everyday Millionaires: How Ordinary 3. Don’t - use a grill indoors: Remember the “10-foot rule” People Built Extraordinary Wealth— that we mentioned in the “do’s” section? It would be kind of And How You Can Too is based on hard to cook indoors without being within 10 feet of some the largest study of millionaires sort of structure or other object. ever conducted. You can follow 4. Don’t - cook too much food at once: It may seem Hogan on Twitter and Instagram practical to cook as much food at a time as you can, at @ChrisHogan360 and online at especially if you’re hosting a big party. But overloading your chrishogan360.com chrishogan360. grill with too much food can cause excess fat to drip down com or facebook.com/chrishogan360. onto the grill flames, possibly starting a small fire. So be careful with how much you’re cooking at one time. We hope this article is a good reminder to all. Enjoy the summer, avoid fire damage, and grill safely. lcitioen mrial v Veirte n HONORING Served THOSE WHO 6 Easy Steps To Bring Your Paper To Life! 1. Go to ® 2. Search for the Vermillion Interactive app. 101 W Main St | Vermillion 605.624.4461 CorTrustBank.com 3. Download the app onto your phone or tablet. 4. Hold your phone or device over the newspaper where Vermillion Interactive trigger is indicated. 5. Click on the app and scan the picture or ad. 6. Bring your paper to life and have an amazing new experience. This is a FREE app so download today!! 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