Most of the wealth of the rich is not accidental but, in order to achieve such success, they must have the right habits and strategies.
You work hard, not smart
While still in school, we learn that hard work will help advance in life. But according to financial consultant Ric Edelman, this is only half the truth. He said: “If you only work hard all your life, you will never get rich. To ensure your wealth, you have to work smart. ”Edelman advises that a smart way is to invest money in the stock market or pension fund, because in this way," money will be born. money". He said: "You can do this without much risk, without much effort and time."
You are too focused on saving money instead of making money
Saving money is important, but you should not be too focused on savings and forget about making money. According to two financial advisers Eric Roberge and Kali Roberge, in addition to saving money, we should really pay attention to increase income. Kali said: "Cutting down your spending, controlling your cash flow is important, but if you don't increase your income, you'll be struggling to do everything."
In an interview with Business Insider, self-made millionaire Steve Siebold said that if you keep focusing on spending, you will miss many opportunities. He said: “You don't have to give up all your savings strategies. However, if you want to start thinking like a rich person, don't worry about running out of money but focus on making more money. ”
You buy things that are not affordable
If you swing your hand over your forehead, you will never get rich. Even if you start earning money or getting a raise, don't waste excess money, especially housing. According to Thomas J. Stanley, author of "Stop Acting Rich", when you live in an expensive house and neighborhood, you will behave and buy. shop like your neighbors. The richer the residential area is, the more people there will spend. This does not mean you should not buy beautiful items or meaningful experiences, but spending too much money will not help you get rich.
You are satisfied with the fixed salary
Ordinary people are usually paid monthly or hourly, while rich people choose to receive pay based on results. They often act as their own bosses or have many sources of income. Siebold said: “It is not that people who are paid over time are not rich, but this is the safest and slowest path to wealth. Great people know that new ownership is the fastest way to achieve prosperity. ”
You pursue other people's dreams
If you want to succeed, you have to love what you do, you need to be consistent and pursue your goals. Thomas Corley, who has spent five years studying subjects as self-made millionaires, thinks that many people make the mistake of pursuing others' dreams, such as their parents. He said: “When you follow other people's dreams or goals, you are ultimately the one who is not happy with the career you choose. The way you work will show that. You will struggle to make a living, and there is no passion needed to succeed ”.
You have no goal of getting rich
The process of becoming rich will be much easier if you have a clear, specific goal for yourself. For example, if you want to buy a house, live abroad or travel once a month, write down this goal and plan to achieve them. Self-made millionaire T. Harv Eker said: “The rich are always consistent with their plans to get rich. This requires a high level of concentration, courage, knowledge and a lot of effort, and this is completely achievable if you have a precise goal and a clear vision. The top reason most people don't get what they want is they don't know what they want. Others want to be rich, and they plan to do it. ”