I read a very interesting news article this morning in a Dutch newspaper. It talks about how to recognise a Dutch millionaire. Rather interesting, but also rather familiar. The same things you can find in a great book titled “The Millionaire Next Door”.
So, how do you recognise a Dutch millionaire?
- They drive German cars (it’s a statistic, don’t know whether this has anything to do with their wealth)
- They’re 50+ and happily married (they made their money grown when they were young)
- They don’t flaunt their wealth
- They are frugal
- On average they have about 2.9 million euros and can “spend” 78.000 euros a year
- Most of their wealth is in stocks and bonds, a bit in real estate and the smallest bit on a savings account
- Some made their fortune with their own company, but a whopping 40% of them made their fortune while working for an employer
- They’re happy and it has to do with peace of mind that having this money gives them
- They make sure they KEEP their money and make it GROW
There are about 96.000 people like this in The Netherlands. And I want to become one of them! (Except for the German car bit…I couldn’t care less which brand my car is)