These are the 7 money habits 'quietly wealthy' Americans follow - how to put their playbook to work

Here are seven money habits quietly wealthy Americans follow:

1. Practical car choices: Millionaires often drive a Toyota, Honda, or Ford rather than high-end luxury vehicles. This helps retain wealth by avoiding unnecessary expenses.

2. Shopping around for car insurance: Comparing rates through platforms like Insurify can save up to 15% on monthly costs and potentially lead to bundling car and home insurance for further savings.

3. Tax-efficient planning: Even those with significant net worth should consider tax planning. Tools like WiserAdvisor connect users with vetted financial advisors for free, helping minimize tax liabilities.

4. Knowing where money goes: Wealthy individuals are disciplined about budgeting and regularly review their spending to ensure alignment with priorities. Tools like Monarch Money can help manage finances and identify potential savings.

5. Automating investments: Apps like Acorns round up everyday purchases to the nearest dollar and invest the spare change in a diversified portfolio. Over time, this can lead to substantial growth, even with small amounts invested regularly.

6. Privacy and discretion: Maintaining financial privacy helps protect against fraud and maintains privacy, which can lead to better deals and stronger personal relationships.