Be a Millionaire Day 💰

Overview

Be a Millionaire Day, observed annually on May 20th, encourages individuals to dream big about financial success and to take proactive steps towards achieving their monetary goals. It serves as an inspirational reminder to explore financial planning, entrepreneurship, and smart investment strategies, prompting people to visualize and work towards a future of wealth and security.

Origin and story

Many self-made millionaires attribute their wealth to consistent saving, investing early, and living below their means.

The term 'millionaire' first appeared in the English language in 1816.

Quick facts

• DateMay 20
• TypeCultural / community observance
• Great forFriends, Families, Classrooms, Teams

Also on this date

People also viewed

Ways to celebrate

Be a Millionaire Day is less about luck and more about actually running the numbers — most self-made millionaires point to boring, repeatable habits, not a windfall.

Run your own numbers

Celebrate by:

• Doing the actual math on your savings and investing rate and seeing what it'd take to hit a million by a specific age.
• Auditing one recurring expense and seeing what cutting it would do to your savings over 10 years.
• Setting one concrete financial goal for the next 12 months instead of a vague "get rich" wish.

Learn about the term

Helpful resources:

• 10 Money Habits of Self-Made Millionaires (CNBC)

Build the habit

• Looking into low-cost index fund investing — the tool most self-made millionaires cite for building wealth.
• Automating one small, recurring transfer into savings or investments.

Did you know?

The word "millionaire" first entered the English language in 1816 — decades before most of the wealth-building tools people associate with it today, like index funds, even existed.

Fun facts

• Many self-made millionaires attribute their wealth to consistent saving, investing early, and living below their means.
• The term 'millionaire' first appeared in the English language in 1816.
• Globally, the number of millionaires (individuals with a net worth of $1 million or more) surpassed 59 million by the end of 2022, according to the Credit Suisse/UBS Global Wealth Report.

Sources and attribution

10 Money Habits of Self-Made Millionaires (CNBC)

External links may lead to third-party websites.

Continue your streak

Open one more holiday before you go to build daily momentum.

• Yesterday: May-Ray DayQuick context from the day before.
• Tomorrow: I Need a Patch for That DayKeep the streak going with tomorrow's pick.
• Random pick: Be an Angel DayJump to another surprise holiday.
• Popular: Be Bald and Be Free DayA fan favorite with broad appeal.

Related holidays

• Be Late for Something DayExplore another holiday from this category.
• Be Nasty DayExplore another holiday from this category.
• Beaujolais Nouveau DayExplore another holiday from this category.

FAQ

When is Be a Millionaire Day?

It is observed on May 20 each year.

What is Be a Millionaire Day?

Be a Millionaire Day, observed annually on May 20th, encourages individuals to dream big about financial success and to take proactive steps towards achieving their monetary goals. It serves as an inspirational reminder to explore financial planning, entrepreneurship, and smart investment strategies, prompting people to visualize and work towards a future of wealth and security.

How do people celebrate Be a Millionaire Day?

Do real math on your savings and investing rate — most self-made millionaires point to consistent saving, investing early, and living below their means, not luck.

Recently viewed holidays