11 things to give up if you want to be a millionaire

NEWS

According to self-made millionaire Steve Siebold, almost anyone has what it takes to become a millionaire. 

"Like most things in life, becoming good at attracting money is no different than becoming good at anything else, be it being a sub-par golfer, losing weight or mastering a second language," he writes in "How Rich People Think."

And like most things in life, success doesn't simply appear. If you want to become a millionaire, chances are, you're going to have to make some lifestyle changes and sacrifices. 

Here are 11 things rich people have given up.

Thinking small

"The masses' major goal with money is to retire at 65 and hopefully have enough money to survive until they die," Siebold writes. "The world class, while often no more ambitious, set their sights>Stock picks and investing trends from CNBC Pro:

Goldman Sachs has a bunch of new buy-rated stocks — and says 5 have upside of more than 90%

Hedge fund manager says Ark ETF stocks are a potential 'time bomb'

Morgan Stanley thinks time spent in cars will jump by 25% by 2030, and these stocks will benefit

Don't be afraid to think big, Siebold says. Ultimately, the average person has "everything they need to make more money than they can spend." Start thinking, like the rich do, "If not you, then who?"

Putting too much emphasis on saving

While wealthy people value the importance of saving and investing, they also recognize that the key to getting really, really rich is to focus on earning.

"The masses are so focused on clipping coupons and living frugally they miss major opportunities," Siebold writes. "Even in the midst of a cash flow crisis, the rich reject the nickel-and-dime thinking of the masses. They are the masters of focusing their mental energy where it belongs: on the big money."