Income Verses Wealth & Developing Your Millionaire Mindset

I made my first six-figure income at the ripe old age of 28, way back in 1988. I promptly bought a home in a gate guarded, country club community, a Porsche, and a golf club membership. Bingo I thought I was rich!

Instead I was spending every dime of the $10,000 a month or so I was making and then some. I looked rich but was actually flat broke, and borwing money. The house at least I thought was an investment but after a decade I sold it for less than I paid for it. The golf club I managed to pay for by playing in the Friday skins game with a bunch of guys whom had plenty of cash and loved to gamble. Thankfully their golf was quite erratic or I could never have kept up the membership. My eternal thanks to Messer’s Haness, Lynch, Blaney, McGee, Meziger, Weber and Richers J

Then of course there was the car. The car, my dream car that I had wanted since riding in a friend’s fathers car as a 15 year old. I was proud owner of a two year old Porsche, and the $4,000 insurance bill that went with it for living in California as an under thirty, single. (Thirty years ago, what an INSANE waste of money!)

Crazy Wealthy Friends?

Some of the guys above I played golf with where to me, crazy wealthy making a half a million to a million dollars a year in income. Surely they were…