Brian Preston, a certified financial planner and author, shares his insights on how anyone can become a millionaire with the right mindset and financial focus. In his new book, “Millionaire Mission: A 9-Step System to Level-Up Your Finances and Build Wealth,” Preston emphasizes the importance of starting early and being intentional with every dollar.
Preston believes that this is the greatest time in history to build significant wealth, thanks to open access to investing and an expanding economy. He introduces the concept of a “financial mutant” mindset, where individuals are purposeful with their money from a young age, allowing for compounding growth over time.
Automatic investing is key, according to Preston, as it helps to establish good financial habits and make wealth-building inevitable. He advises saving and investing 20-25% of gross income, with a focus on index funds for their outperformance and tax efficiency.
While the goal may be to become a millionaire, Preston also emphasizes the importance of not prioritizing wealth over living. He encourages generosity and giving back, as well as finding a balance between financial success and enjoying life.
Ultimately, Preston believes that optimism plays a crucial role in the mindset of becoming a millionaire. By staying positive and focused on long-term goals, individuals can overcome challenges and distractions on their journey to financial success.