In the US, Asians have the highest odds of becoming a millionaire. And because wealth compounds as we age and these effects are positively non-linear, it also concentrates among older people. Why such a disparity? It’s about habits and behaviors. So... let’s look at habits and behaviors that build wealth and increase your odds Patience. As per the above, if you are patient, you have a better chance. It is easier to become a millionaire if you start investing early. Ideally sometime in your early-to-mid twenties. Same with a business. If you are just thinking about today's work, rather than giving value to your clients, you are less likely to win, compare this to somebody playing the long game. High-income skills - Or at least mid-income skills. If you have something to monetize, this deals with the income part of the equation. It doesn’t have to be anything fancy or anything that needs a degree. College is a bad idea for most these days in terms of time and expense. Mowing lawns, painting houses, maybe scaling out (hiring other people to do this for you) can make you a millionaire. Good spending habits - Or you spend a lot – but on assets and not stuff. Reading and continually learning - The more you know, the more you realize you don't know.The ability to manage cash flow and scale - IF you are or become a business owner. You don’t need to be a business owner to become a millionaire, however. The “save and invest” path is the easiest and most reliable way for most. Control natural human impulses – It’s human nature to be fearful when markets are down and sell inopportunely, and to be greedy and to think more about today than in 5 years’ time. Those who can control these natural impulses are likely to do better. Nobody is perfect in this regard and everybody has the same human nature - human nature is universal despite personality differences. But you can put checks and balances on it. The ability to learn from your mistakes - And those of others. It’s cheaper learning from others’ mistakes than committing your own. Be willing to adapt - to changing times. The last 10 years are a great example of that. Many people who previously relied on face-to-face business interaction have started to use technology, and benefited from that. Some day the stock market will disappoint and/or enter a down period. Will you be ready? Do you have cash, bonds, metals and other assets that can help you weather?Taking advantage of luck - We all get good luck and bad luck (and the latter hits us harder psychologically), some more than others, but taking advantage of any luck afforded to us is key. Reinvesting any inheritance or money you don’t immediately need, as an example. Taking advantage of being in the right place at the right time. Focus – Think ahead 10-20 years rather than just the next month or year. Most people overestimate what they can get done in one year and underestimate what can get done in 10 years or how much life will change over the next 10 years.