5 Habits To Adopt If You Want To Be Rich

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Short of winning the lottery, inheriting a rich person or taking a gamble, there aren’t many other easy steps to take to be rich overnight. Being rich is an easy goal to set but the road to it is not a straight forward and easy one. You need commitment and endeavor to tread that path and make no excuses no matter what.

You want the luxury ,the glamour, the options ,the life and wonderful waste of money. Everyone does. It is peaceful, a heaven. You go where others dare not just because you can.

Well you need to change your attitude right now. You need a new program in your brain. A new habit. This sets the autopilot in your dream into action and also sets you on the course to financial success.

A habit is a series of action you take repeatedly without even realizing or acknowledging them. Something you do without even being present, like you are on autopilot. Here are 5 habits to adopt if you want to set a course for Rich land.

Habits to adopt if you want to be rich|

Young creative woman in a studio, working. A startup of small tailoring business.

Don’t be happy to go steady

People feel safe in day jobs. Steady paychecks. Get out of that habit. Rich people do not wait for paychecks, they make their paychecks. Employ yourself. This is not to say quit your steady job but just set that safe mindset out of your head. Don’t spend all your time on your 9-5 if you can get something else on the side,

What is your passion? Fashion, design, cooking or blogging? Turn it into a business. Whatever it is that you love doing, monetize it. Find a way to earn money from it. If you are a brilliant cook, spend your free time selling some food. Go on the internet, set up a business you can handle aside your 9-5. The richest people in the world are usually self employed. Nobody got rich going steady.

People behind poker table in a casino

Go with the rich

This sounds a little shallow but it’s very effective. If you want to be rich, associate yourself with the right people. Rich and positive people not toxic and negative people. Put yourself out of your comfort zone and mingle a bit.

Search out for people who have done well in your field and pick their brain. It might surprise you to know that wealth does not necessarily come to those who work the hardest but those who strategize the best.

Rich people are smart people who know when to enter and when to get out. Rich people know what and when to put out there. They put themselves in advantageous positions and take the right step to get the best market. Learn how to get to these people.

Successful entrepreneurs take all the profits long before people begin to realize the potential. Learn to see the money before others do. Move with the right crowd,

depressed by financial problem debt

Never go in bad debt

The cliche live within your means is something we hear too often- it works here. You have to avoid debt. Bad debt. Avoid taking risky interest loans and overreach on your credit cards. When your salary is gone even before you get to see it just because of bad interest loans you took, it’s a No No.

When you keep settling debts on money you have already spent, it discourages the inborn willingness to start something new and profitable. You can’t get started unless you are flushed.

Pretending to be rich can make you poor, learn to live within your means

Unless the debt you have is solidifying a holding you have in a very profitable business then avoid it. Some people buy property in debt because they are confident in making huge profits with the business that will in future make debts insignificant. If this is not the case for it , then please avoid debt and live within your means.

Business risk control concept, Businessman protect wooden block fall to planning and strategy in risk to business

No risk No reward

Don’t hold back. Until you are there, there’s no need or reason to quit. Quitters never win. Don’t be afraid to take risks. There will be discouraging moments, but those moments should encourage you to be stronger. Get in the habit of overcoming challenges. If the people around you like to discourage you then get new people. People who will rather encourage you.

Find the positive in every failure and go with that. Every failure teaches you something new in life. Don’t be afraid to fail in life, rather be in a hurry to learn very quickly from your mistakes and move on. It may be a bad investment or an important opportunity missed, it doesn’t matter. Keep the habit of never giving up and remember life is a journey so you need to keep going.

Track yourself

You need to learn to look back occasionally. How are doing? Set goals for yourself. Daily goals, weekly goals, monthly goals, and yearly goals. Check your finances. How much were you making last year? Has it improved this year? If not then what are you doing wrong? How do you improve it? Learn to ask these questions frequently.

Only then will you know whether you’re on the right path or not. Whether you need to do something different or not. A tracker gives you the confidence to keep you going and also to project how much you will earn at the future date and work towards it. Get a structure in place, that lets you monitor your projects. This is very important.

RECOMMENDED READS:
CLEVER WAYS TO SAVE MONEY
TIPS TO KEEP YOUR SPENDING IN CHECK
6 SIMPLE TIPS TO MANAGE YOUR FINANCES BETTER 
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1 Comment

  1. February 24, 2020 / 6:59 am

    Great tips dear. And I couldn’t agree more, especially the last two.
    Jessica | notjessfashion.com

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