How Do Millionaires Spend Their Money? | Chris Hogan

It doesn’t matter where you come from; it doesn’t matter where you start; it’s about us growing and learning things so we can move forward.

It's the first episode of 2019 and today we begin a new Wealth Building series. It's the second year we're committing our first six episodes to talk about wealth.

The reason we begin here, is that our wealth gap is so wide. So much so, that a recent study said it'll take 228 years, if ever, to get median black households to the level of wealth median white households own today. And if nothing else changes, we're trending to ZERO wealth by 2053. Those warning flags are why I began having more direct conversations about the topic of wealth, in hopes of educating and giving our community some practical advice to help reverse this cycle and begin to close this gap.

But I need your help right now to share this episode, because more black families need to hear this content and take action today if we're ever going to effect real meaningful change.

Our featured trailblazer is Chris Hogan. Chris Hogan is a #1 national best-selling author, dynamic speaker and financial expert. For more than a decade, Hogan has served at Ramsey Solutions, spreading a message of hope to audiences across the country as a financial coach and Ramsey Personality. Hogan challenges and equips people to take control of their money and reach their financial goals, using The Chris Hogan Show, his national TV appearances, and live events across the nation.

His second book, Everyday Millionaires: How Ordinary People Built Extraordinary Wealth — And How You Can Too releases January 7, 2019 and is based on the largest study of net-worth millionaires ever conducted.

In this episode you will learn:

• What the term net worth means? And how net worth determines if you're a millionaire.
• What 74% of millennials believe about inheritance.
• Five attributes and habits of millionaires.
• The #1 thing millionaires used to build wealth.
• Why Chris encourages paying off your mortgage quickly using a 15 year fixed loan.

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Please help us by SHARING this podcast with others. We believe that these inspiring stories are going to move aspiring Black trailblazers to make significant changes that have generational impact, both now and well into the future. 

Blazer Nation, join our community at iamblacksuccess.com 

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