Have you ever wondered what separates the rich people from the poor people?
It’s not the money, it’s not the big houses, nor is it the fancy cars. The clues are hidden in their daily lifestyle habits – everything from what they eat, to how they think, to how they spend their leisure time.
Read the list of things done by the rich and who knows, you may learn a thing or two.
Don’t watch TV
Rich people believe time is money and therefore spend little to no time watching television. I’m pretty sure they aren’t Keeping Up With the Kardashians. Instead, they are doing something productive, like reading.
Budget
Creating and sticking to a budget is one of the best ways to track your money and save. Rich people create a budget that they stick to, WOF (without fail). They know exactly where their money is going each month.
Don’t look rich
Rich people don’t look rich. They don’t live in mansions or drive expensive cars. They live in modest homes and invest the money they save. They drive fuel-efficient commuter cars.
Buy used whenever possible
People think that because rich people have a lot of money, they buy everything new. They don’t! They even use coupons and cash-back sites. Rich people have a strong understanding of where and how money should be spent. They typically spend money to make more money.
Read
Rich people are always reading, but not just any reading material. They read to learn. They read the news, financial papers, and self-improvement books. Many rich people will purchase the audiobook version of books because multi-tasking means more free time to make more money.
Less social media
They also don’t spend time on social media platforms, commenting on your cute dog photos, and leaving emoji-filled birthday messages on Facebook.
Learn new skills
It can be fun to learn new skills, like speaking a different language, dancing, cooking, blogging, etc. Rich people are always learning new skills that they can make a profit on.
Invest
Rich people invest. They invest in stocks, real estate, artwork, gold. They invest in both tangible and intangible items.The rich focus on opportunities, not obstacles. Obstacles vs opportunities. The rich associate with positive, successful people.
Set long-term goals
Rich people set long-term goals. People who set long-term goals tend to save significantly more for retirement than people who look ahead only a few years. Rich people can look ahead 20 to 30 years and tell you exactly how much they will have saved.
Sources: https://www.mikevestil.com, https://www.philstockworld.com and https://www.luckymojito.com
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