Misleading millionaire myths keeping you poor

The extremely wealthy in society often seem like aliens to the rest of the population. But the truth is most of the super wealthy don’t fit into the assumptions most people have. Here are some common myths about rich people that might be keeping you from becoming one of them.

Many people think of millionaires as some jerks who got lucky to be born with silver spoons in their mouths. It’s true- some rich people come from old money. Families like the Rockefellers, Vanderbilts, the Kennedys, and the British Royal family come to mind when you think of generational wealth and wealthy dynasties. However, studies have shown only about 20 per cent of millionaires got their wealth through inheritance.