What Self-Made Millionaires Do With Their First Extra Cash

The first thing any self-made millionaire does with extra cash is invest it. They’re not spending it on fancier cars, new clothes or new shoes. They’re finding new places to put their capital to work, ideally to increase their diversification and avoid volatility.

Key points

  • Self-made millionaires invest extra cash instead of spending it.
  • They skip upgrades like fancier cars and clothes.
  • New investments should add diversification.

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