If you haven’t heard about THE ORDINARY MILLIONAIRE, here’s a quick summary. Our lives are very finite. It can end at any moment. Money is unlimited – depending on how you think about it. It is just a “thing.”

Our business is built on the premise that we can teach people how to manage their finances. Make and keep more money. But our “deep-down” wish is to educate our clients to develop healthy mindsets around money and life.

You are rich; because of the moments you share with loved ones, no one can put a price on Happiness. You are already an Ordinary Millionaire because of your family, your skills, and your unique being.

Along with this idea of gratitude, we believe that every individual should adopt a “millionaire mindset” to obtain the financial independence they’ve been dreaming of. Thomas Stanley and William Danko, in The Millionaire Next Door, explain that most wealthy people and self-made millionaires drive used cars, live in average neighbourhoods, wear average-priced clothes and watches, and are very careful with their money. Do you believe this? Well, it’s true. Some people LOOK rich, and then some people ARE rich. It’s not all about the flashy exterior; it’s about valuing your money, building an empire with it while living within your means. It’s time to CHANGE our mindsets about money.

Developing a millionaire mindset:

Truly wealthy people develop the habit of “getting rich slow” rather than “getting rich quick.” This goes against consumer instincts to react to “get-rich-quick” call-to-actions. Slow down. Slow and steady wins the race. Wealth building is a comprehensive and holistic journey, which means that you must grow in various areas of your life (financial, physical, emotional, spiritual, etc.)

How much thinking are you really doing?

Think more about your money! Wealthy and healthy people spend much more time thinking about their finances than people who remain poor. Here are some interesting facts you might not know. The average adult spends more time planning his annual holiday than planning his finances. They spend a significant amount of time worrying about their finances without taking any proactive steps to learn more. However, the average self-made millionaire spends 20–30 hours per month actively thinking, studying, and planning his finances. This millionaire mindset, the very act of focusing on your money, will dramatically improve your decisions regarding it. Wealthy people who invest more time planning their finances invariably make better decisions, get better results, and achieve financial independence quicker. Ask yourself how many hours a month you dedicate to thinking and planning with regards to your finances.

Some other money-mindset tips

Investigate: Get into the habit of investigating everything! Be involved when your financial advisor suggests investment and savings vehicles. The rule is, “Spend as much time investigating the investment as you spend earning the money that you are thinking of investing.” This might seem odd to you but trust us. The more you learn about money matters, the more you earn! Fast financial decisions are usually poor financial decisions. Develop the habit of taking your time, moving slowly, and finding out every detail of the business or investment before you ever think of writing a check.

Insurance: Yes, you need insurance. Some people have the view that they do not believe in insurance. Good! Neither should you! It’s not a religion. It is a simple mechanism to transfer the risk of losing your ability to earn an income due to death, disability, or severe illness from your family to an insurer.

Develop the habit of using what we call “worst-case scenario” or “what if” thinking. Always ask yourself, “What is the worst possible thing that could happen in this situation?” or “What if I lose my job?” It may feel like “waste” to pay that tiny amount every month to an insurance company. Still, you are literally transferring RISK to someone willing to take it on for you. Having proper insurance is one of the smartest things you can do on your road to financial independence. This layer of protection means that you will never be caught off-guard by an unexpected accident or emergency. Being adequately insured gives you emotional comfort. It allows you to think more clearly and be much more effective in everything else you do. You’ll sleep better knowing that the worst-case scenario has been accounted for.

In summary, if you start by acknowledging the good in your life and live in a deep sense of purpose, gratitude, and fulfillment, money is merely a vessel and not a stressor. Developing a millionaire mindset means being active when it comes to your finances. Adopting a slow-and-steady mind focused on long-term growth and returns is very important. Then, investigate and insure! Those are keywords.

You are The Ordinary Millionaire because of what you already have, and you’ll become an actual millionaire by being patient, proactive, and present.