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15 Habits of Rich People

Most people in the world are not wealthy. It is said that 96% of the world’s wealth is created by 1% of the population. When you look at this statistic, what you see? I see opportunities. We live in an unlimited universe. Each one of us can create wealth. You can increase your wealth by changing your thoughts and developing new habits. Below are 15 habits of rich people to begin working on today.

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Habits Of The Rich

What is wealth? It is defined as an abundance of valuable material possessions or resources. Wealth is subjective. What you consider wealth could be different from what I do. Is it a certain amount of money? For some, the answer is yes. For me, I relate wealth to being financially independent.

Financial independence means the following three things in my mind. First, it means time. You no longer trade time for money. You can now spend more time doing things you love. We all have the same amount of time each day, 1440 minutes. How do you spend yours? Second, it creates options. You are no longer limited to doing things based on price. Eat at the most expensive restaurants and order what you want. Finally, financial independence means peace. Unexpected situations will arise in life. If money is not a problem these situations are easier to deal with.

What is the difference between people with wealth and others? It comes down to one thing, your mindset. Do you have a wealth mindset or a poverty mindset? Begin to cultivate a money mindset. To do that, you must change and become a different person. You have to leave the old you behind. Create thoughts seeing how you want to live in the future. Visualize these thoughts. Your thoughts will become your reality. Eliminate negativity from your life and create new habits.

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15 Habits Of Rich People

Here are 15 habits that are common among wealthy people:

  1. They always have a vision. They know what they want and visualize it daily. Their definite purpose is always on their mind.
  2. The wealthy don’t work for money. They have learned how to make money work for them. Trading time for money will provide you with a good life but not a great one.
  3. They eat healthy & exercise. Taking care of their bodies gives them more energy to be productive.
  4. Wealthy individuals live in the future. They know that their current thoughts will become their reality. It doesn’t matter where you came from, it’s where you’re going.
  5. Rich people are not afraid to fail. Failure is part of the process of becoming wealthy. They learn from their failures until they succeed.
  6. They wake up early. This gives them time to think and meditate. It prepares their mind for the challenges of the day.
  7. Wealthy people give thanks every day. They show gratitude for what they have and realize it can be taken away.
  8. The rich don’t waste time with television or social media. They realize that the negativity that comes from all forms of media. 70% watch an hour or less a day.
  9. They love to read. The wealthy spend time every day reading and expanding their minds. Develop a habit of reading daily for self-improvement.
  10. The wealthy have mentors. They develop a mastermind group to help them gain knowledge that they don’t have.
  11. Goal setting is a priority. They set goals, develop a plan, and work towards accomplishing their goals.
  12. They eliminate negativity in their life. This includes thoughts, habits, and/or people. Hanging onto negative people gets you nowhere.
  13. Wealthy individuals are always learning. They learn how to manage their finances and daily lives. Most importantly, they learn how to market themselves.
  14. They believe in abundance. Our universe provides an unlimited supply for everyone. The wealthy have learned how to tap into that supply.
  15. They make each day productive and driven by results. So much of your day can be taken up by nonproductive activities. Wealthy people avoid them.

Improve Your Life

Men and women who are financially independent do things differently than those who aren’t. By creating the same habits in your life you can begin to change. Your habits have gotten you to where you’re at right now. If you’re satisfied, keep doing what you’re doing. If you want to improve your situation, begin filling your day with these 15 habits that are common among wealthy people.

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I hope this post is helpful to you. Please leave a comment and let me know what you thought. If it wasn’t your cup of tea let me know also. I’m always looking to improve and your comments help.

Making Good Choices – Ep 13

Welcome to my Podcast, Making Good Choices – Ep 13. Today I want to talk about the choices we make. Before you listen to the Podcast, don’t forget to like, comment, and follow. Subscribe to my team below and click on my links to purchase the products I recommend from Amazon.

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Making Good Choices – Ep 13

We have choices to make every day. Do we get out of bed now or do we roll over and go back to sleep? Do we pick up our phone as soon as we wake up or look at it later? What are we going to wear? What are we going to have for breakfast? We are inundated with choices that we have to make every day. In my blog titled, Anxiety (COVID-19), I wrote about the current situation that we are facing today and how that has created choices. We have a choice between faith and fear. I will always choose faith over fear.

Habits

The first step to making a decision to change is simple, you have to look inside yourself. Write down everything that you do on a normal day. The next day, read what you have written down. These are the habits that have gotten you to where you are now in life. If that’s where you want to be and you are happy, then continue doing these things.

If you are not where you want to be in life and want more out of it, then you have to change these habits. My advice, if you’re looking for a place to start, is to read or listen to books about the habits of people you would consider successful. Stephen Covey’s The 7 Habits of Highly Effective People is a great book to start with. Successful people become successful not out of luck, but through their daily habits. If you want more out of life, ask yourself if you are willing to change. If the answer is yes, then there is no better time to start than now.

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Final Thoughts

Thank you for listening to, Making Good Choices – Ep 13. If you have any comments I would like to hear them. Subscribe to my email list by clicking on the button above and receive my checklist to keep you moving forward in attaining your goals.

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Choices

Are You Willing To Change To Succeed?

We have choices to make every day. Do we get out of bed now or do we roll over and go back to sleep? Do we pick up our phone as soon as we wake up or look at it later? What are we going to wear? What are we going to have for breakfast? We are inundated with choices that we have to make every day. In my blog titled, Anxiety (COVID-19), I wrote about the current situation that we are facing today and how that has created choices. We have a choice between faith and fear. I will always choose faith over fear. I see and hear people every day that have chosen fear. I can understand given the information that we are being fed why they chose fear. A lot of choices that we make in life are based on the information that we have been fed. If you are being told that wealthy people are just lucky and if you are not wealthy, then it is because you are not lucky. You do not believe that you can change because you believe luck is something you either have or do not have.

The truth is that wealth has nothing to do with luck and has everything to do with a willingness to change as well as the choices that you make. The Internet has created incredible opportunities for people to make money. There are people that make a lot of money posting videos of themselves. They made a choice to make a business out of posting videos. They found a niche and they spend hours shooting, editing, and uploading their videos. The vast majority of people have chosen just to watch videos of other people and spend hours doing so. One of the things that I tell people is; you can make money online or you can watch other people make money online. It’s simply a choice that you make, but it also requires you to change.

The first step to making a decision to change is simple, you have to look inside yourself. Write down everything that you do during a normal day. The next day, read what you have written down. These are your habits which have gotten you to where you are now in life. If that’s where you want to be and you are happy then continue doing these things. If you are not where you want to be in life and want more out of it, then you have to change these habits. My advice, if you’re looking for place to start, is to read or listen to books about the habits of people you would consider successful. Stephen Covey’s The 7 Habits of Highly Effective People is a great book to start with. Successful people become successful not out of luck, but through their daily habits. If you want more out of life, ask yourself if you are willing to change. If the answer is yes, then there is no better time to start than now.

“The definition of insanity is doing the same thing over and over again and expecting different results.”

  • Albert Einstein

Take your list of daily habits and review it to see which ones are holding you back. Compare them with the habits of your chosen successful people and write down your list of new habits that you are going to start developing today. Remember that it took you years to develop the habits that you have now and will take some time to develop new habits. If you stick to your new habits on a daily basis, before long, they will become your everyday life. Get ready for a new you. You might find that you are dressing better, eating better, sleeping better, and overall accomplishing everything you want to do.

I write about this in almost every one of my blogs and particularly in my last post titled The Power of Words, but for me it’s so important that it needs to be said again and again. The number one thing I teach people is to always remember WHY you started something. WHY did you start that business, begin that relationship, want to lose weight, etc. Changing old habits is not easy. You might have been doing some of these habits for decades. We as humans tend to do the things that are comfortable. Old habits are like a warm blanket, wonderfully comfortable. We are constantly pulled back to that warm blanket. New habits can be uncomfortable to tackle at first. When you feel yourself being pulled back to that warm blanket, you must think of WHY you wanted to make that change. By continually working on your new habits daily, they will then become your new warm blanket.

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The big question that you have to ask yourself is, “Am I willing to change in order to succeed?” Success just like faith and fear is a choice. If you choose to be successful and are willing to change your habits to do what successful people do, then you can live like successful people live. There is an unlimited amount of wealth but only a small percentage of people tap into it. The reason most people are not wealthy is because only a small percentage make the choice. They change their habits and are willing to do everything necessary to become wealthy. The universe will supply abundance for everyone. It’s not for just a select few, it’s for all of us, but you have to be willing to change in order to receive it.

What are your daily habits? Are you willing to change those habits? What is your WHY? Are you willing to take what life throws at you, shrug it off and keep moving forward? Do you want to make money online or watch other people make money online? Don’t stand on the sidelines, put on the pads, buckle up your chinstrap, and get in the game. You are a winner, now go win.

I would love to hear your comments on habits that have made you successful. What are some habits that might be holding you back? If you like this post, click the little star below.

“This Train Is Moving ON, You Can Get On, You Can Get Off, But The Train Keeps Moving ON! We Are Going To The Top Of The Mountain!”

Sharing

I believe in the power of sharing. If I read a good blog that really speaks to me and I believe it will provide value to others, I will share it. I have linked four books that I believe have value. In order to change you, you first have to change the way you think. Leaders Are Readers!

The Secret by Rhonda Byrne. A book that will change your life. It answers the question, Why do some people have everything and others struggle? The answer is simple, they know the secret. It has changed my life and can change yours.

Think and Grow Rich by Napoleon Hill. This is an oldie but goodie that is full of relevant life lessons. It is a book that you hear speaker after speaker refer to. Successful people all have the same mentality and know you have to change the way you think to be successful. Only one percent of people set goals.

The Subtle Art of Not Giving a F**k by Mark Manson. I found this to be a sophisticated yet easy read. This book goes along with a lot of what I write about in my blog. What other people think about you doesn’t matter so you should stop getting stressed out about it. Focus all your energy on what really matters which is you and your goals.

The 7 Habits Of Highly Effective People by Stephen R. Covey. A must read for anyone wanting to change their habits. A great book for managers and leaders. Covey teaches you how to transform your thoughts to not on help you but also to help others. These are 7 principles to definitely incorporate into your life.

I also highly recommend checking out the Audible Membership from Amazon. I can download great books on the Audible app and listen to them with my AirPods while I go on my morning walks.  I use my AirPods every time I exercise. They don’t fall out and the sound is great. You can get any of these products simply by clicking on the links above. If you do purchase any products through my links, I’ll get a small commission from Amazon at no additional cost to you.

I appreciate every like, follow, comment and share. Keep’em coming.