Habits of Rich People

Habits of Rich People

These habits define rich people. If you adopt the habits below, you will be on the path to a wealthy life as well.

Junk Food

Unless you feed yourself properly, you will not feel well and, in turn, you cannot think well. Focus on healthy fats, protein, vegetables, and fruit. 

Gambling

The lottery is otherwise known as the Fool’s Tax. You can never become rich if you use a significant amount of your income for gambling. 

Singular Goals

Wealthy people set a single clear goal and set out to achieve it. 

Exercise

Exercising and eating well go hand in hand. Exercising boosts your energy and mood. Find something you enjoy like walking or running.

Audio Books

When you are taking a walk or commuting to work, listen to educational or inspirational audios—feed your brain.

To-Do List

Before you go to sleep, create a to-do list for the following day, even for small things. When you cross them off you will feel motivated!

Non-Fiction

To enjoy non-fiction books, look for subjects that you find interesting.

Volunteer

Volunteering increases happiness. Another thing, you can make valuable connections while volunteering which may prove helpful in future. 

Happy Birthday!

People with close social relationships tend to be happier. The happier you are, the more successful you are likely to be. When you remember your loved ones’ birthdays, you foster the relationships. 

Write Goals Down

Writing your goals down increases your chances of achieving them. When something is written down, it remains at the forefront of your mind.

Read

Reading should be a part of you. Find books that teach you something.

Bite Your Tongue

Learn to pick your battles. You do not have to speak your mind every time. Sometimes you must be quiet even when someone is being difficult.

Network

Who you know matters! Your next big job can come from anywhere. Attend Meet Ups and industry events.

TV

There is almost nothing good about watching TV.  Instead of wasting time, do something beneficial such as visiting a friend, reading a book, or making a healthy meal.

Reality TV

Watching TV can be justified but watching reality TV is just dumb. This cannot be said nicely. If you watch reality TV, you need to be better.

Wake Early

Early hours are quiet and peaceful. Use this time to be productive because you have no one to interrupt you. Waking up early also allows you to start your day calmly.

Teach Habits

This is more about adopting good habits so your children can copy them and less about teaching them.

Opportunities

Many wealthy people believe that if you have good habits, you will have better opportunities.

Bad Luck

When you foster bad habits, be prepared for bad outcomes. For instance, failure to floss may lead to gum disease and, in turn, expensive dental work.

Be Learning, Always

Never stop learning. Take a dancing class, learn new skills—just learn something.

Love to Read

The importance of reading cannot be emphasized enough.

Many successful people will tell you that reading has partially contributed to their success. Before Elon Musk became Tesla CEO, he read for 10 hours every day. Bill Gates, Microsoft CEO, completes one book every week. 

Warren Buffet

Buffet spends 5 to 6 hours daily reading newspapers. He makes sure to read five different ones. He also goes through 500 pages of investment documents and recommends this to all investors. According to him, knowledge works like that. Like compound interest, it builds up. Everyone can do it, he says, but not many won’t do it. 

Bill Gates

Formerly the CEO of Microsoft, Bill Gates says that he reads 50 books a year. This roughly translates to one each week. 

Most of the books he reads are non-fiction and deal with science, business, engineering, disease, and public health. Occasionally, he reads a novel. However, he is more interested in books that make him more knowledgeable about the world. 

Mark Zuckerberg 

In 2015, Mike Zuckerberg revealed in a Facebook post that he intends to read a new book each week. He said that he was interested in learning more about technologies, histories, beliefs, and cultures. He said that books cause you to explore something fully and get deeper into it. 

Oprah Winfrey

The talk show host has been encouraging her viewers to read since 1996. She says that reading is her path to freedom. For her, books allowed her to see a world beyond her grandmother’s house. They opened her eyes to possibilities that went beyond what was acceptable at the time.

Mark Cuban

Mark is the owner of Dallas Mavericks. He is always saying that you should treat your business like a sport. That means looking for the competitive edge in every possible way. For him, it means three hours of reading each day so he can learn about various industries. Mark asserts that this was very fruitful when he was starting his career. All the things he read were public. The books and magazines are accessible to anyone. The information he acquired can be accessed by whoever wants it. However, he says, many are not interested.

David Rubenstein

Rubenstein is the cofounder of The Carlyle Group. He reads about six books every week and almost eight newspapers every day. He attributes this extraordinary ability to his laser-like sense of focus. David says that he has always been driven from an early age. 

Phil Knight

This Nike founder had a library at the back of his executive office. He kept it sacred and asked anyone who entered take off their shoes and even bow. 

He stepped down as the CEO, but he says that the library still exists.

Elon Musk

Musk co-founded PayPal and is now the CEO of Tesla. However, before all that, he dedicated 10 hours each day to reading science-fiction novels. That is how he became knowledgeable about rockets. You have come across people who look like they have it all together.

They happily and successfully manage their responsibilities, careers, and families. How do these people manage to juggle so many things with ease while you can barely do one thing without getting frustrated? These are the same people that win the race, get promoted, never appear stressed, and everyone admires them. This is their secret. They get enough sleep. People who sleep properly are happy, focused, and successful.

Sleep helps recharge your body and brain. When you are feeling tired, you will jump from one task to another without clarity. You, like everyone else, want to be the best version of yourself in parenting, your career, or whatever you do. The modern life is so busy, and sleep is a luxury for many people.

You always hear the saying “I’ll sleep when I’m dead” often. This is a mistake. Sleep is an important factor if you really want to achieve your goals. Poor sleep habits will wear you out. You will begin to break down. You become moody and irritable.

If you continue depriving yourself of sleep, you may experience anxiety and hallucinations. You will be emotionally flattened, and your relationships will take a blow. Your ability to remember will lessen, causing cognitive delays. You may get into substance abuse. You may start getting micro-sleep. 

Sleep Don’ts

Avoid eating right before bed. Eat three hours before you go to sleep. Stay away from alcohol and caffeine. Alcohol may make you drowsy at first, but it can cause you to wake up many times during the night. Use your bed for sleep only, not TV, not work; just sleep. Turn off the lights. Bright lights repress melatonin, the sleep hormone. Avoid sleeping too much. Oversleeping does more harm than good. Eight hours of sleep is enough for an adult. 

What to Do

Meditate: stress is the leading cause of sleeplessness. Learn to turn off your mind.

Positive thinking and organization: before bed, write down all the positive things that happened during your day. Also, make a to-do list for the following day.

Exercise: do this late afternoon or early morning. It makes you feel better and aids sleep.

Hydrate: stay hydrated all through the day.

Relaxation tea: the aroma itself will relax you and get your body ready for bed.

Wake up early: this is a key factor if you want to be successful. It makes you start the day in calmness without rushing.

Maintain a sleep schedule: have a routine. Sleep at the same time and wake up at the same time every day.

Keep your room cool: 650F is perfect according to research.

Life goes on: solve what you can and don’t worry about what you cannot solve.

Laugh: humor and laughter make you stress less and become more likeable.  Have your goals somewhere at your bedside table: When you wake up, it will be the first thing you see every morning. 

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