5 Dead Simple Things Millionaires Do That You Can Too

Last updated Nov. 7, 2022 | By FinanceBuzz Editors
millionaire looking at camera

FinanceBuzz is reader-supported. We may receive compensation from the products and services mentioned in this story, but the opinions are the author's own. Compensation may impact where offers appear. We have not included all available products or offers. Learn more about how we make money and our editorial policies.

Ever wonder how a millionaire becomes a millionaire? Well, some were born that way — how's that silver spoon taste? Others got lucky. But many got to this 7-figure milestone through hard work and smart money decisions. 

If you're seeking out this kind of financial advice then you probably already know how to chase down your dreams. Whether it was buying your first home, getting that big promotion, or maxing out your 401(k), you know what it feels like to set a financial goal and achieve it. Becoming a millionaire is no different from those other goals. You can approach it the same way — just take it step by step and make smart decisions. 

To make your path to $1,000,000 a little easier, we're here to share some simple lessons from millionaires who came before you.

Cancel your car insurance

We've got bad news. You could be wasting $500 every year on overpriced, second-rate car insurance. And you should probably cancel your existing insurance right now, because there's something much better.

This new tool from FinanceBuzz can tell you if you're overpaying for your car insurance in just a few clicks. We match drivers with companies that report saving drivers up to $500 or more per year when they save! Each driver’s savings will vary by driving history and how many discounts you’re eligible for. And once you try it out, you'll never have to look for affordable insurance again because we find you the lowest rates that other companies can't match.

Oh, and it's also free. And come on — you can't tell us you don't want to save up to $500. To find out if you're losing up to $500 or more a year, just enter your zip code here, answer a few questions and see if you're overpaying. It takes less than 2 minutes.

See if you're overpaying

Get out of $10,000 or more in debt

If you have a lot of debt, getting out of it can feel stressful (and nearly impossible). Here’s the problem: the longer you put off tackling it, the harder it gets to fix. If you don’t take control of it early on, it can add undue stress to your life for years. But what if there was a way to get out of debt once and for all?

National Debt Relief could help. If you have more than $10,000 in debt from credit cards, medical bills, collections, or personal loans, their representatives might be able to assist you in consolidating your debt into one low monthly payment.

Best of all? There are zero fees until your debt is resolved, and you could be debt-free in 24-48 months. To get started, just answer a few simple questions. It only takes 30 seconds to see if you qualify!

Try National Debt Relief

Turn your home equity into cold, hard cash

If you’re a homeowner, you might have a large amount of equity in your home you could convert into cash. And you could use that money for pretty much anything … like home upgrades or paying off debt.

How? With a cash-out refinance. It’s basically swapping your current mortgage with a bigger one. And you could turn the difference between the two into cold, hard cash.

Just use this tool from New American Funding to see how much you could get. It only takes a few minutes!

New American Funding is licensed across 49 states with local branches spread out across the country. And they have a portfolio of over 235,000 loans worth more than $60 billion.

Ready to see how much money you could get? Check out your cash-out refinance rate here!

See how much cash you could get

Earn a $300 bonus with this incredible card

There's a new credit card that's making waves with its amazing bonus and benefits. The Wells Fargo Autograph℠ Card Rates and Fees has no annual fee and you can earn 30,000 bonus points after spending $1,500 in purchases in the first 3 months (limited time offer ends 1/10/2023).

You can earn additional points just by using this card for your everyday purchases — earn unlimited 3x points on restaurants, travel, gas stations, transit, popular streaming services and phone plans. plus earn 1x points on other purchases.  Points can be redeemed for things like travel, statement credits, or gift cards.

If you want to travel more, the Autograph card can help you get where you want to go. 

The best part? There's no annual fee.

Click here to apply now.

Take this quiz to see if you're maximizing your retirement income

Do you know if you are maximizing your retirement income? One of the best ways to find out is by speaking with a financial advisor. With the right moves and a little work, you could potentially increase your retirement income.

But there’s one problem.

Where do you even find a financial advisor? And how do you know you can trust them?

Our advice: Take this quiz. In just a few short questions, it can help you find qualified vetted financial advisors who serve your area based on their cost and specialty.

You even earn 3 free consultations with each of your matches, so you can compare them 2 and be fully prepared to pick a financial advisor that’s right for you.

Take the quiz

Pay no interest until September 2024

Imagine getting 18 months with 0% interest on a balance transfer or a big purchase. Sounds great — right? What if you could also extend the intro APR by an additional 3 months by making on-time minimum monthly payments? It's possible with this industry-leading card — the Wells Fargo Reflect® Card Rates and Fees.

If you want to kick high-interest credit card debt to the curb, this is one of the best get-out-of-debt cards available. Transfer your high interest debt to this card with a 0% intro APR for up to 21 months from account opening on qualifying balance transfers. Your payments can go directly to paying down your balance without incurring a pile of additional charges. That could save you hundreds of dollars in interest!

It doesn't just stop with balance transfers though. Cardholders also get a generous intro APR of 0% for up to 21 months from account opening on purchases. After the intro period for purchases and balance transfers, then APR is 16.74% - 28.74% variable.

The best part? There's no annual fee.

Click here to Apply Now

Capital One Shopping Benefits

  • Capital One Shopping searches thousands of merchants to see if you're getting a great deal
  • Don't miss out on a better price
  • Search and apply coupon codes automatically
  • Custom price drop alerts for products you've viewed or purchased