- - 7 Signs You’re on Track To Be a Millionaire, According to Rachel Cruze

Ashley DonohoeFebruary 12, 2026 at 11:08 AM

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Many people have unrealistic ideas about millionaires and believe their chances of becoming wealthy are unlikely.

However, a video from expert Rachel Cruze clarified that becoming a millionaire doesn’t happen overnight and common indicators of wealth are quite boring. Here are seven signs you’re on track in building wealth.

1. Investing Consistently in Retirement

A Charles Schwab survey found that 26% of U.S. investors started investing to build up their retirement savings. While funding an IRA or 401(k) might not sound exciting, Cruze explained that contributing consistently can pay off.

“Fund 15% of your income into retirement after you’re debt-free and after you have a fully funded emergency fund, and do it consistently month after month, year after year,” she said.

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2. Paying Off Your Home Early

A paid-off house boosts your net worth and frees up cash. You can then use that money to invest and build wealth.

If you already have a mortgage, paid off other consumer debt and built up emergency savings, Cruze recommended making extra mortgage payments. If you’re renting and considering buying, Cruze recommended a 15-year fixed-rate mortgage.

3. Working To Escape Debt

According to an Allianz Life study, 22% of Americans were unhappy not paying off debt fast enough. Having debt hurts your flexibility and usually involves interest.

If you’re planning to reclaim your income and not just make minimum payments, you’re on a good path. Plus, you’ll eventually have more income to invest.

4. Not Cutting Corners on Priorities

Unless you’re extremely lucky, becoming a millionaire will take effort. Cruze discussed being willing to grind and staying consistent. Also, prepare to adjust to the busier and slower times in life.

“You’re going to have seasons specifically with working that maybe you’re working a ton and you’re like maybe trying to get the promotion … but you don’t want to work your whole life and just be a workaholic by any means,” she said.

5. Using a Shopping List

The Ramsey Solutions National Study of Millionaires found that only 15% of millionaires don’t make grocery shopping lists. Cruze explained how a simple list indicates you’re intentional with money, and this is important for avoiding unnecessary purchases.

You can pair this move with a budget. Be sure to include line items for wealth-building strategies, including getting out of debt and contributing to retirement accounts.

6. Looking and Acting Average

Someone who drives an expensive car and shows off their luxurious vacations might actually be someone going broke. Per Cruze, many millionaires are ordinary people who put in hard work to enjoy a comfortable retirement. They might have nice things, but they’re not busy showing off.

“They’ve actually built wealth and kept it because they don’t care what you think,” she said.

7. Not Being Afraid of ‘No’

If you don’t immediately buy whatever you want or make other short-term decisions that could hurt your long-term goals, you’re on a better path toward becoming a millionaire.

Cruze explained how delayed gratification is important for your finances. By avoiding poor short-term decisions, you’ll be more likely to avoid common problems, like running up debt.

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This article originally appeared on GOBankingRates.com: 7 Signs You’re on Track To Be a Millionaire, According to Rachel Cruze

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Source: “AOL Money”