Each one of us starts out with a unique set of advantages and disadvantages, but self-made millionaires are people who reach high levels of wealth without the help of a large inheritance or trust fund. Self-made individuals start from scratch and build their wealth over time, beginning first by mastering basic money skills like budgeting and moving on to saving and investing after that.
As the financial planners who work with self-made millionaires know, the money habits of the newly rich are practices that just about anyone can learn from, no matter your financial situation when you first start out.