5. They Drive Their Cars Into the Ground
Cars are one of the biggest traps for wannabe millionaires. The wealthy know new cars lose value the minute you drive them off the lot — so they often keep vehicles for years, maintaining them carefully instead of chasing the latest model.
Research shows that most self-made millionaires drive modest cars like Toyotas, Hondas, or Fords — not luxury brands.
Frugal takeaway: Instead of impressing strangers at red lights, impress your future self by driving a paid-off car and investing the difference.
