I just finished reading 'The Top 10 Distinctions Between Millionaires and The Middle Class" by Keith Cameron Smith. Nothing earth shattering in this book and most distinctions are common sense but they are good to review. Here is a summary of the book.

10. Millionaires think long term. The middle class thinks short term. The goal of the poor is survival, middle class is comfort and rich is freedom. What would you like your life to be like ten years from now? Think about it and start planning for it. Think long term in every area of life.

9. Millionaires talk about ideas. The middle class talks about things and other people. There are three types of people, those who make things happen, those who watch things happen and those who say what happened. Ideas are the most valuable asset in the world. Money is powerful but ideas are even more powerful.

8. Millionaires embrace change. The middle class is threatened by change. Millionaires embrace change because they know it always brings an opportunity for growth.

7. Millionaires take calculated risks. The middle class is afraid to take risks. If you take risk out of life, you take opportunity out of life. Risk management: What is the best thing that could happen?; What is the worst thing that could happen?; What is the most likely thing to happen? Three primary fears that stop the middle class from taking actions that create success are the fear of failure, the fear of rejection and the fear of loss.

6. Millionaires continually learn and grow. The middle class thinks learning ended with school. Success is a process, millionaires are students for life. The secret to being a lifelong learner is to study what you love.

5. Millionaires work for profits. The middle class works for wages. Wages will always limit your income, if you earn profits the sky is the limit.

4. Millionaires believe they must be generous. The middle class believes it can't afford to give.

3. Millionaires have multiple sources of income. The middle class has only one or two. The power of intentional congruence is getting each source of passive income to support the others.

2. Millionaires focus on increasing their net worth. The middle class focuses on increasing its paycheck. Millionaires make their money work hard for them. The middle class works hard for its money. Increasing your net worth with assets that produce passive income is a skill and skills require time to develop. Wisdom is the application of knowledge. Millionaires apply knowledge they gain and continually increase their knowledge.

1. Millionaires ask themselves empowering questions. Middle class people ask themselves disempowering questions. Learn to ask yourself questions that stretch you beyond your current levels of experience. Questions you ask yourself determine the results you get in your life.