Zack Fursa
Zack Fursa

@zackfursa

14 Tweets 3 reads Nov 28, 2024
1 in 7 adults in Switzerland is a millionaire.
That’s five times the rate in the US.
Curious about their wealth-building habits, I dug deeper.
Here are 7 ways the Swiss approach money to grow richer than most people: x.com
Switzerland boasts the highest percentage of millionaires in the world.
It also has one billionaire for every 80,000 residents.
So, what’s the Swiss secret—does it all come down to banking and neutrality?
To dive into this, here’s an interview with a few locals : x.com
Before we get started, here’s a quick overview:
• 14.9% of adults in Switzerland are millionaires
• That’s almost twice the US rate (8.8%)
• Yet, Switzerland doesn’t rank in the top 10 for average income
So, what’s their secret?
It comes down to a few critical mindset shifts – here’s a hint:
They Embrace Lifelong Renting
Surprising stat: Just 41% of Swiss adults own their homes.
In comparison, 65% of Americans are homeowners.
Swiss millennials aren’t fixated on purchasing property.
Why? They put their money into high-yield investments instead. Meanwhile...
They Make Saving Non-Negotiable
While most people save whatever’s left after spending, the Swiss flip the script: they spend what’s left after saving.
They automatically set aside 20-30% of their income before using a dime.
It’s not about discipline—it’s about having a system in place.
Still, saving alone won’t make you wealthy:
Swiss People Prioritize Self-Investment
On average, Swiss individuals allocate 5-10% of their income annually to learning and skill development.
They’re not collecting degrees—they focus on acquiring practical, high-value abilities.
Think language proficiency, tech expertise, and financial knowledge.
And when it comes to finances:
The 'Multiple Bank Approach'
Swiss millionaires avoid keeping all their funds in one place.
They often work with 3-5 banks, each serving a distinct purpose:
• A local bank for everyday transactions
• A private bank for managing wealth
• An international bank for currency exchanges
But why adopt this strategy?
Minimizing Risk & Maximizing Opportunities
Having multiple banks means accessing various strengths and services.
For instance, one bank may offer better rates for real estate investments, while another specializes in international transactions.
It’s all about taking advantage of what each bank does best.
Mastering 'Stealth Wealth'
Swiss millionaires aren’t ones to show off designer brands or luxury cars.
They live modestly and reinvest the savings.
It’s not about cutting back; it’s about postponing immediate rewards for future gain.
But the real key to their success? x.com
The 'Global Citizen' Mindset
Swiss investors think on a global scale.
They diversify not only in assets but also in residency and citizenship.
Many hold second passports or residencies in other countries, as it provides more financial opportunities and tax benefits.
These strategies demand patience and a focus on the long term.
The Swiss aren’t chasing quick wealth.
They’re focused on building wealth that lasts for generations.
And perhaps the most important lesson is this:
True wealth isn’t about earning money. It’s about preserving and growing it.
So, what lessons can we take from the Swiss millionaire mindset?
• Set up automatic savings
• Spend less than you earn
• Focus on acquiring valuable skills
• Adopt a long-term, global perspective
• Diversify across different banks and countries
Wealth-building is a marathon, not a sprint. Are you prepared to take the journey?
If you have an Insta/TT with 100k followers or more Then DM me to work together. Let’s print.
t.me
Thanks for reading! A bit about me:
1.5 years ago, I started building an Instagram network that now exceeds 100M followers.
Since then, I’ve sold several 7 figures worth of digital products using diverse traffic sources and growth strategies.
If you enjoyed this, hit "follow" for more breakdowns and insights!

Loading suggestions...