Here are 7 habits of 'quietly wealthy' Americans — how many do you follow?

The millionaire next door doesn't necessarily make headlines. They have probably built their fortune in a mundane and boring way and live an equally understated lifestyle.

These are the 'stealthy wealthy' and their habits hold powerful lessons for anyone who's serious about achieving financial freedom.

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Here are seven habits you could replicate to boost your financial position or peace of mind.

The stealthy wealthy's cardinal rule is to conceal their fortune (or at least not flaunt it) so that they can enjoy it in complete privacy. That means no flashy toys or glamorous status symbols that call their wealth to attention. A quietly rich person isn't likely to buy a Gucci belt or Birkin handbag. As far back as 2024, The Wall Street Journal noted that consumers are questioning the prices of luxury brands (1).

That said, the stealthy wealthy may be interested in investment opportunities that have historically only been available to the ultra-wealthy, such as fine art. But that asset class is no longer limited to the elites.

Masterworks has given over one million users the opportunity to invest in pieces from artists including Banksy, Basquiat and Picasso. Masterworks takes care of all of the heavy lifting, from finding and acquiring to storage and sale. All you have to do is pick which pieces you want to invest in via fractional shares, and reap the returns when the piece sells.

From their 23 exits so far, Masterworks investors have realized representative annualized net returns like +17.6%, +17.8% and +21.5% among assets held for longer than one year. To see if you qualify, you can find out more about investing with Masterworks here .

See important Regulation A disclosures at Masterworks.com/cd .

Read More: Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going

Contrary to the stereotype, millionaires and multimillionaires aren't always driving Aston Martins or Bugattis. In fact, Dave Ramsey's survey of millionaires across America found that the top three most popular brands were Toyota, Honda and Ford.

Picking a practical and relatively inexpensive car is perhaps a better way to retain your fortune rather than burning it all through the tailpipe of a McLaren F1 sports car.

Another way to keep car expenses affordable is to shop around for the best car insurance rate available. Doing your due diligence and comparing rates can drive down your monthly costs and free up that extra cash for investing.

By using a comparison platform like Insurify, you can instantly view quotes from top-rated providers to ensure you aren't paying a hidden 'loyalty tax' to your current insurer.

Just answer a few basic questions , and Insurify will show you the most affordable deals in as little as 3 minutes.