Millionaires are not born, but become. A study by Fidelity Investments showed that 80% of people with a fortune of more than $ 1 million achieved this figure on their own, that is, they did not receive the inheritance of wealthy parents and their help.
Rich people achieve success by adhering to simple rules and habits, which, in principle, are accessible to absolutely everyone with a strong desire and some internal discipline.
Nobody succeeds just like that. To do this, we need a systematic and thoughtful work on ourselves and our environment. Fortunately, success has an algorithm. Well-known American sociologists and authors, for example, Thomas Corley, tried to identify him. For several years he studied the behavior of rich people and revealed the habits of the rich, their daily way of life and rules. Most respondents shared the same habits that you can easily adopt and start using in your life..
Your habits and lifestyle are why you are rich and this is why you are poor.
Corley explains that each person has some habits of the rich and also some habits of the poor. But the more you adopt the patterns of behavior that financially independent people follow, the closer you get to get rich.
1. Say “NO”
Being able to say no is a good quality in life. When you gain courage and utter this word in response to sentences that do not suit you, you thereby save your own time, money and maybe even nerves.
You should be able to refuse the next party with your friends if you do not want to go to it. Do not be afraid of resentment, true friends will be obliged to support you in your choice. By doing this, you will get the right time to develop yourself. Use it well: study, sign up for courses, learn new things, get enough sleep, do work that will help you advance your career.
Financially independent people can say no. Oddly enough, but this word changes the way of life and frees you from everything wasteful, unless of course you pronounce it in the “right places”.
2. Love
This is the religion of any millionaire. Love – must become a habit. With it, you can build the future and protect the rear. Love for what you do, family, relatives, friends and colleagues will help you overcome all the difficulties on the way to the top. Love is fuel for our main muscle. If you have an opinion about spreading love around the world, then you will definitely become successful..
But never love money the most. A smooth transition from ambition and desire to make the world a better place to greed is a slippery slope. Focusing on money can help you become richer, but that does not mean that you will feel happiness..
According to statistics, almost 70% of winners in large lotteries are fatal after 7 years. Money, and especially easy money, spoils people and destroys them. The key to true success is that you love despite them.
“It’s sad to see when a person has studied economics, but never studied happiness,” said entrepreneur Jim Rohn.
According to the study, in Thomas Corley’s book “Rich Habits”: 86% of people who loved their job had a net worth of about $ 3.6 million.
3. Make mistakes
Mistakes are what goes side by side with success. Never be afraid to make mistakes. If you make a mistake, it means that you are developing something new in yourself and you already know exactly how not to do it. Understand that you are no longer in school and should not follow the assessment model that is used in any educational institution. Therefore, mistakes in your formation are always permissible.
Many wealthy people have made major mistakes more than once before building a successful business. They mention that if you had not made the wrong steps in the past, you would never have taken the right steps in the future. It is important that you learn from your failures and can use this experience for the following solutions..
4. Do not make excuses
If you blame others for your failures and constantly come up with excuses, you are definitely losing yourself. Complaints made no one rich. Never try to make excuses, regardless of whether it is related to your personal or professional life. It’s not politicians, parents, wife, children, the boss and not Putin and Trump are to blame for the fact that you are not successful.
The habits of the rich are such that they always consider themselves guilty of all the incidents of their own life. Your fate is in your hands, and no one controls it except you. Only 10% of wealthy people and the whole 90% of the poor say they believe in fate. The rest rely only on themselves, faith in their abilities and do not use complaints, with the accumulation of wealth.
5. Take your time
Everyone has his own time and milestone when he succeeds. According to statistics, on average, one millionaire spends on achieving wealth from 10 to 20 years. This is the time during which you can gain experience, make some mistakes and several conclusions from them and learn how to do your job professionally and efficiently..
Be patient, but do not forget to act..
6. Ask questions
There are more questions than answers in life. But if you are not afraid to ask others about different things and about what you don’t know or don’t understand, then you will definitely know more than someone who eschews questions. This daily practice is good for your self-development. Remember that the worst question is not the question asked. The habits of the rich cannot do without it.
7. Write down 10 ideas a day.
It makes your brain work, generate and invent new things. At first it may be difficult for you to come up with even one idea, but over time, such a process will be easier for your mind to perceive. At the start of such a practice, write down as many ideas as you can afford, and subsequently it will become a habit and perhaps one of these ideas will turn out to be super successful. It is also useful in order not to forget what you think. Try doing this regularly and you will see amazing results..
8. Do 1% more every day
No matter what you do. Be it work, study, investment, or something else. Do 1% more every day. 1% per day is added up to 3800% per year. The only thing that matters here is your consistency and discipline. The habits of the rich are always striving for more.
Read a little more, work a little more, train a little more and you can experience a tremendous effect over a long distance. Thomas Corley says 81% of wealthy people say they always do a little more than their work suggests.
9. Wake up early
The habits of the rich will certainly not do without this. Richard Branson, Tim Cook and Bill Gates are early birds. Awakening earlier is a powerful way to success, because people who get up earlier can do something before others just start their day. Thomas Corley found that 44% of rich people wake up three hours before work, compared with 3% of poor people. At this time, they reflect, read and prepare for the coming day..
10. Read instead of watching TV
Wealthy people believe in the importance of knowledge and education, and reading books goes hand in hand with this. 67% of rich people watch TV only an hour or less per day, and 88% say they read professional literature every day for at least 30-40 minutes. Just do not confuse entertaining fiction with a serious and necessary book for self-development..
The rich are always in search of new experience and new knowledge. Obviously, you can find those in clever writings by recognized authors. The more you understand in your field, career or industry, the more valuable you are to those who serve your business or to those who hire you to work. Reading is one of the main points that go into the habits of the rich.
11. Have lunch longer
It may not seem productive. But financially independent people know that it’s hard to keep your mind fresh throughout the day without interruption. That is why they take more time for dinner. It helps to distract and allows the brain to relax a bit..
12. Train and eat right
Healthy body – healthy mind and mind. According to researchers, 57% of rich people daily monitor and calculate their calories. And 76% go to training and exercise 4 times a week, despite their busy schedule.
13. Make a to-do list
Making a to-do list – helps you focus throughout the day. If you want to achieve something, you must formulate it, that is, define your goals and write them down.
The more accurate, the better. For example, if you write “I want to be rich” it will be too vague. It is better to break your goal into smaller, manageable tasks and not overwhelm yourself with too ambitious plans for tomorrow. Make a list every night before you go to bed and in the morning you will immediately be aware of what you have to do.
Structuring your day is a good idea. Acting on pre-established regulations, people free their minds for more serious things..
Not only do the rich keep a to-do list, but also 67% of them do it at 70% or more. This means that at least 7 out of 10 tasks that you have formed for yourself today must be completed without fail..
14. Invest
The habits of the rich naturally extend to relationships with money. If you suddenly managed to earn a ton of money – this is just great! But the lack of financial literacy, understanding of reasonable cost savings and investing can deprive you of a solid income in a few days or months. Abandoned squandering and lack of knowledge on how to manage money leads to disaster
Successful and rich people study the market and its tools, select profitable and reliable assets, in which they invest their money. In addition, they regularly save part of the income for the emergency fund and the savings fund, and only then they think about the necessary expenses and purchases.
15. Follow your passion
Steve Jobs said that everyone should find a favorite pastime. The only way to become rich and be happy is to immerse yourself in your favorite business. Not one person will succeed in an activity that he does not like.
86% of the rich love what they earn for a living. When you like what you do, you devote more time to it. This allows you to hone your skills more productively. More reading time to learn all about your calling. More time in building relationships with other success-oriented people in your industry or field. More time devoted to improving yourself makes you more valuable and rich..
16. Save
Successful people do not like to spend money on nonsense. They have nothing to throw dust at the eyes of others. Bill Gates has traveled around the world on public flights for a long time, and Mark Zuckerberg still drives a relatively inexpensive Volkswagen GTI with a manual gearbox. And believe me, it would never occur to any of them to buy a new smartphone model simply because it is fashionable. 94% of the rich in Thomas Corley study save 20% or more of their annual income.
17. Meditate
Scientific studies have shown that meditation has a positive effect on a number of parameters that are most important for a person. From mental and physical health to improving memory and strengthening immunity. Jack Dorsey (Twitter Executive), media mogul Oprah Winfrey and many others say they practice meditation daily.
18. Connect with the right people
Nowadays, many people agree to any circle of friends. Just to not be alone. However, this behavior is not productive. Be more demanding of your surroundings and of yourself. Look for smart and wealthy people to communicate. Look for people who are in some ways better than you, so you force yourself to reach their level.
68% of the rich adhere to relationships with optimistic people who are also focused on success. These are people who can open doors for you. These are people who are trying to get better without complaining and cursing everything around. Such people will give you inspiration and new ideas..
It is also important for working on a common cause. In most cases, a rich person has a team or mentor who helped achieve the result (like-minded people). According to success.com, 93% of wealthy people said they would not have received their fortune if it were not for their teachers and partners. This is another important thing that goes into the habits of rich people..
19. Do not let emotions interfere
You probably heard the phrase “nothing personal, just business” – this is tough, but that makes sense. When you let your emotions take over, you literally cut off half of your brain.
Emotions, good or bad, strongly affect the prefrontal cortex, which is just responsible for the logic and decision-making. This is especially true during times of failure or difficult choices..
20. Do not spend money that you do not have
It’s about debt, credit, and squandering. Of course, you may be tempted to go out and buy yourself the very best when you have just been approved for a loan or when you received a good cash bonus at work. But the rich do not. They buy only what they really need (after analyzing the prices), and not what, in principle, they can afford.
Applying reasonable ways to save, you are gradually moving towards a meeting of wealth. Savings are completely independent of what your salary is.
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