http://shine.yahoo.com/event/financiallyfit/5-secrets-of-self-made-millionaires-1370279/

We could use more short articles like this one found this morning on Yahoo.com. It suggests there’s five common secrets to reaching that elusive millionaire title. Or is that elusive? A million dollars doesn’t go as far as it used to, and more Americans than ever have attained income over that magic mark. In fact the number of millionaires in the United States has doubled in the past 20 years. This article does say that those who are getting rich are getting richer. I’m not the knee jerk type who says this bad. To the contrary – it’s a good thing. More rich, and those who are rich are becoming more wealthy. Now how one acquires wealth and what they do with it is another question – but even then, as long as it’s legal it’s none of our business. That’s a matter for the wealth holder and God. My point is that we simply need more written about success and achieving it and less about being a victim, bailing out businesses, sticking it to the haves, parading the have-nots for political fodder, and demonizing success.

Here’s the 5 Secrets detailed in the article:

1. Set your sights on where you’re going.

2. Educate Yourself.

3. Passion pays off.

4. Grown your money.

5. No guts, no glory.

And finally it suggests one major component – stop spending!

Maybe those in DC could use this advice more than us in the private sector?