Everyone wants to be rich. Unfortunately not every is. Most people spend their whole lives trying to find a way to the money. Some people find it most don't. There are traits and habits that rich people have that are attributed to their wealth. Here is a list of some of those characteristics that can help you gain the financial status you often wish for.
81% of wealthy maintain a to-do list
Contrary to belief, rich people don't just sit by the pool and count their money all day. They're quite busy finding ways to make money to count it. So busy, that most rich people keep a to-do list. When they're twiddling their thumbs on their phones they're checking to see what else need to be done that day, that week, that month. A to-do list helps keeps them organized and on track with the things they need to accomplish.
Write Down Goals
Most rich people have a piece of paper or document with their goals written down on it. That way they're able to keep track of what they want to accomplish and not get distracted as much. Its one thing to think about it all the time, but if you actually see your goals written done you are more inclined to work toward them.
Wake Up Early
Rich people have the luxury of waking up whenever they feel like, but most don't use that luxury. A lot of successful people wake up early before anyone else. This gives them time to plan out the day and gives them a head start on the competition. If you think getting up at seven, eight o'clock in the morning to go to a factory job is tough, try waking up at four, five, or six in the morning to run your own company.
Work Out More
A physically fit body will allow you to get more done in a day. Successful people work out three to four days a week on average. Working out doesn't only keep your body in shape it helps keep your mind sharp. Being able to go work out on a set schedule shows discipline, which is a key characteristic in becoming rich.
Think Big
Big bucks come from big thoughts. "I just want $1,000 and my life would be great." said no one ever. Steve Jobs wasn't a small thinker. He planned on changing the world and he did. The reward for thinking big is much bigger than if you play it safe. Shoot for the moon, you might make it.
Live Within Your Means
Wealthy people avoid overspending by paying their future selves first. They save 20 percent of their net income and live on the remaining 80 percent. Spend no more than 25 percent on housing, no matter if you own or rent. Spend no more than 15 percent on food.Limit entertainment (e.g. bars, movies, miniature golf) to no more than 10 percent of your spending. Ninety-four percent of the wealthy buy instead of leasing. Stay away from accumulating credit card debt.
Don't Procrastinate
Procrastination is the devil. Successful people understand that procrastination impairs quality; creates dissatisfied employers, customers or clients; and damages other non-business relationships. To help avoid procrastination, create daily to-do lists. Try to complete 70 percent or more of your to-do items every day. Have accountability partners, people who will stay on your back until you get things done. Say a "do it now" affirmation. This is a self-nagging technique. Repeat the words "do it now" over and over again until you begin a task or project.
Associate With Positive, Successful People
You are the company you keep. We are only as successful as the people we spend the most time with. If you want to end your financial struggles, you need to evaluate each of your relationships and determine if they are a Rich Relationship (with someone who can help you up) or a Poverty Relationship (with someone holding you back). Start spending more and more time on your Rich Relationships and less on your Poverty Relationships. Rich Relationships can help you find a better job, refer new business to you or open doors of opportunity.
Network and Volunteer
Networking will allow you to build valuable relationships that can result in more customers or clients, or help you land a better job. Almost three-quarters of wealthy people network and volunteer a minimum of five hours a month. One perk of volunteering is the company you'll keep. Very often the boards and committees of nonprofits are made up of wealthy, successful people. Developing personal relationships with these folks will often result in future business relationships.
Get Educated
It one thing to want to own your own business, but if you don't know how to run your own business it will surely fail. Educate your self about the industry you are looking to work in. Study other companies similar to yours. What sets you apart? What can you do/give the industry? These are question that you should ask before jumping into business
Manage Money Well
Managing money is key to getting and remaining rich. The objective of any business and any rich person is to make more money than you spend. Making sure that you spend money on things you need and not want helps keep money in. Keeping up with your expenses is crucial to a successful person. Knowing how much money goes out will give you an idea of how much money needs to come in and if some things need to be cut.
Be Versatile, Diversify
Rich people have multiple streams of revenue. They're constantly looking for the next business deal they can get on or the next big idea to develop. Diversifying shows that you have a wide variety of knowledge and skills, and that will attract other to do business with you. This way you'll always be rich.
Risk Management
Know when to invest and know when not to invest. Rich people take calculated risk. They look at all the variables before deciding to invest their time and money into a business. If not they can lose more money than they intend to lose.
Invest in Self
No one knows you like you do. If you have an idea for a business invest in it yourself. Your passion and commitment will attract others. Investing in your self will push you to make your idea come to fruition, because if you succeed of fail its all on you.
Get Out of Your Comfort Zone
Unless your current comfort zone is laying on millions of dollars in your bed room, get out of it. To get what you never had, you have to do what you've never done. That means public speaking, making presentations, talking to people you don't to talk too and more. Getting out your comfort zone will keep you o your toes.
Know Your Assets
Keep track of your assets and liabilities. Knowing what brings in money for you and what takes it away helps you manage your money. This helps you create more streams of revenue by seeing what worked and what didn't.
Spend Money to Make Money
The saying, money attracts money is true. This is where risk management comes into play. Know that giving out money will bring in more money is a secret that rich people have known for years. Don't be afraid to spend some money, just as long as their is a return in the future.
Source: Trueceleblife
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