Larrylow,

1)  You have not reach a level of maturity to understand what I am saying yet. 

<<Is there anything wrong with you? Or perhaps you try to become a millionaire through doing business or investment and lost all of your fortunes? >>

2) You are making a BIG assumption here.  What make you think that I am NOT successful?
johntxy,

The intent of thread is to talk about how people can become millionaire.  I provided scientific data on how MOST millionaire become that way.  They are FRUGAL.

The problem here is I speak the TRUTH.  Which conflict with most people's illusion that they can GET RICH QUICK without hard work and a lot scarifies.  Most people cannot accept and act on the TRUTH and hence this is why most people will NEVER become rich.

Speaking the TRUTH is never popular.  People want to believe that they can get rich quick.

Dreamer

How you know they're no longer frugal? You know them?

I do think entrepreneurial spirit is very important to achieve first million.

By starting their own company, own business, they can make money preety fast.. As long as they're involve in the industry well and know how to mitigate their business risk, the only risk left would be finance risk...

jchong,

It is NOT an achievement.  It is how we choose to live.  Most of my neighbor live a lot less than that.  We spend a lot of money buying fruits, vegetable and sea foods.  We eat a lot better than most of our neighbors.
jchong,

Freedom and security.  You are NO LONGER in the rat race.  You can choose live in what ever way that you want.

There is a BIG recession coming.  Guess how you would feel like if it does not matter to you since you have enough savings and asset that you do not care.  In fact, you are looking to shop for bargains.  Meanwhile, people around you panic and worry sick about what is going to happen to them.

Go through a few of those recessions, then, ask yourself, how much of this kind of FREEDOM, SECURITY, SERENITY worth to you?? You can sleep soundly at night.

You may or may not spend the money.  But, you will have a more peaceful life.  And, that worths a lot.

I have 2 to 5 years of savings in addition to my investment prepared for this recession.

How many recessions had you went through??

Dreamer