Who wants to be a millionaire? – Pocketful of Dirhams

Sam Instone, co-chief executive of wealth management company AES, shares his top tips on how to change your mindset and manage your money like a millionaire

Becoming a millionaire is a dream for many – to have the financial freedom to never worry again about paying bills or living from pay cheque to pay cheque.

But reaching that $1 million mark is easier said than done. It takes patience, discipline and a "millionaire mindset" to reach your financial goals.

It’s also about having a long-term investment strategy, living below your means and sticking to a budget that will allow you to invest your savings regularly and get your money to start reaping the benefits of compounding interest as soon as possible.

But what exactly is a millionaire mindset and how do you manage your money like a millionaire?

Host Felicity Glover is joined by Sam Instone, the co-chief executive of wealth management company AES, who shares his advice on how to change your mindset and reach your financial goals.

Listen to the previous episode on how to help your children learn about the importance of charity: