15 Surprising Sacrifices Americans Would Make To Become Millionaires

Delay Starting a Family

Percentage of respondents: 18.3%

Balancing a family with a career has always been difficult, usually requiring sacrifices by one or both parents to ensure they’re meeting all of their responsibilities. And, when it comes to reaching $1 million in savings, the major expenses incurred from raising children will undoubtedly delay that goal. You’ll have to start thinking about saving for college or potentially upgrading to a larger home. There will also be a significant increase in spending on basic necessities.

All of those things will put a big dent in your financial plans. As such, it’s not hard to understand why nearly one in five respondents would make this sacrifice to reach their $1 million goal. However, it’s also understandable why this option doesn’t rate higher. After all, having a family is a major life step that many people are unwilling to compromise on.