Late Bloomer Wealth

Eight Daily Habits of the Wealthy

Photo by Adam Manfredi

 

The “Filthy-Rich” Are Not Filthy and Many Didn’t Get Wealthy by Accident*

8 Daily Rituals Most Millionaires Have In Common

by Guest Blogger Jessica Kane

Many of us would love to be wealthy one day, but unfortunately, many of us believe that the wealthiest people in the world just got lucky or were born into it. Although these things may be true, many millionaires start at nothing and work their way up to the top. If being a millionaire is something that inspires you, then you need to follow these eight daily habits all millionaires have.

1. Staying Ahead Of The Curve

The wealthiest business owners have developed a habit of living in the future. Not that they’re not aware of the present, but they try to predict future trends and what will happen next in the world that will affect their business. Anticipating what will happen next means they can prepare for change instead of trying to catch up after the fact.

2. Outsource

Millionaires understand that their time is valuable, and they take it upon themselves to find others to do the work for them. This allows them more time to build their business, accumulate wealth, and focus their attention on more critical elements of their business.

3. Exercise

Millionaires try to exercise daily. Whether that’s playing sports, running, or lifting weights at the gym, they’re constantly getting their heart rate up. Millionaires know that being healthy and staying active is crucial for their continued success. They always need to be strong of mind and strong of heart.

4. They Eat Right

You’ll probably never see a millionaire hanging out on the couch eating potato chips all day in front on the television. As with exercise, part of being healthy is eating right and staying away from foods that will make them sick, gain weight, or feel lethargic. They always need to be at their best every day and junk food prohibits that.

5. Frugal

All of us have seen the giant mansions and exotic cars of the wealthy, but the most savvy of them live well below their means. This means they ride their bike to work, live in a smaller house or apartment, and they certainly don’t flaunt their wealth around. They buy what they need, and they make sound investments. They know that their income can dry up at any moment, and they’re prepared for it.

6. Education

Education doesn’t end after you graduate high school or college, and millionaires know this. Millionaires read every day to build their library of knowledge to help keep them sharp. They need to keep evolving, and reading is the key to their evolution.

7. They’re Gracious

Millionaires that show gratitude to everybody they meet, including their clients, usually stay wealthy. This is because it creates a positive environment and good energy to surround them. It’s hard to stay positive if the whole world hates you for being too egotistical.

8. They Go To Bed Early

When you go to bed early, you wake up early. Millionaires regularly get up early to spend time planning, thinking, and reflecting on their decisions. The much needed time is a source for some of their greatest achievements.

Author’s Bio: Jessica Kane is a professional blogger who focuses on personal finance and other money matters. She currently writes for Checkworks.com, where you can get personal checks with free shipping.

Additional references

*Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas Stanley and William Danko: One of my favorite books on wealth building. It crushes the stereotypical image of the rich as martini drinking elites with a British accent sitting in exclusive box seats and cheering their favorite polo players.

 

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