I have heard this several times recently (we took the Dave Ramsey course too) and when I found it written again, felt it was worth a post. There is a real difference in MULTI-Millionaire and Millionaire.
Being a Millionaire is most likely not as outwardly apparent as it used to be. Maybe we need to change the term to fit the times? It appears the perception of 30 or 40 years ago still holds but it doesn’t hold as much as it used to. – WD0AJG
“For example, we generally envision millionaires as Bentley-driving, mansion-owning, Tiffany-shopping members of exclusive country clubs. And, indeed, research reveals that the “glittering rich” – those with a net worth of $10 million or more – often meet this description.