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Moneywise

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Business & Economics

Almost every millionaire in America has these 5 things. You may have most of them already — maybe all of them

Moneywise
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67% Informative

The average net worth among U.S. households in 2022 was $ 1,063,700 .

However, the median net worth was only $192,900 .

Millionaires tend to have similar money habits to everyday Americans that helped them get to where they are today .

The average millionaire pays off their house in just 10.2 years .

Charging everyday expenses on a credit card is a great way to earn valuable travelor cash back rewards.

Just make sure to pay those balances in full every month so you don’t lose money to interest, money you could be investing to become a millionaire.

This article provides information only and should not be construed as advice. It is provided without warranty of any kind.