5 Habits Of Rich People That You Should Steal
Some people are wealthy thanks to their inheritance or a stroke of luck on a winning lottery ticket. But the rest? They’re doing little things every day that you may not be doing, even if you think you’re doing everything right.
Sometimes, the things that are making the rich richer may seem like they’ve got nothing to do with money (what does going to the gym have to do with your bank account?). The good news is that we’ve narrowed down their little tricks and secrets so you can take their habits straight to the bank.
1. They Have Multiple Jobs.
It may seem scatterbrained to juggle a main job and a few other things at the same time, but this is a money-making strategy that’s bringing in big bucks.
2. They Get To The Gym.
You let your gym membership lag because you simply don’t have time for it. After all, isn’t an extra hour at the office going to do more for your bank account than that hour at the gym? Turns out, it isn’t.
3. They Don’t Spend Their Money.
Have you ever gotten a tax refund and then immediately spent the day shopping for lavish outfits followed by an expensive night out? Chances are, a rich person would have put his refund into his savings account, and then continued on about his day. That’s because they use very strict budgeting tactics to accumulate their wealth.
4. They Visualize Their Goals.
Wealthy people have a vision of where they want to be in life, and they write down this vision in the past tense, as if they’ve already achieved it. Next, they make a habit of reading this visualization the first thing in the morning.
”The idea is to embed this into your sub-conscious to help guide decisions throughout the day, and identify opportunities to move the vision closer to realit. For example, you may subconsciously think about this vision when you’re asked to go out for a few beers, and you may turn down those beers when you realize that you should really be going home to learn how to code your app to move closer toward your vision.
5. They invest.
Most people are able to do this by prioritizing their needs over their wants. Although they will be more dependent on social security in the future, they also need to offset with their own retirement plan, as the social security is increasing for retirement, and is projected to increase again in the future. Also, insurance is costing [the middle income] group a higher percentage of their income versus the top 20 percent group, as most insurance plans are not cheaper for the lower income group.
