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7 Habits You Must Build To Be Wealthy

7 Habits You Must Build To Be Wealthy

So, you want to be wealthy? That is definitely on the agenda for you. And yet, you are not quite there, are you? And you keep wondering when your time will come or maybe, you are beginning to think, you just won’t get there. Are you lacking something? Were you not born into the right family? Is there some trait you are just not aware of, yet? Why not you?

It gets like this at times, doesn’t it? The voice in your head gets a little louder and you begin to despair and wonder when your time is going to come. You are following the rules or so you think but maybe you are missing some of the habits. They seem too soft; they seem too unnecessary because you are looking for something solid to hang onto. A tip, a trick, a technique, a business hack that will turn everything around when you implement it but the truth is, my friend, that most of your success is going to come as a result of a few key habits that you implement and here is a starting point for you, if getting rich is to be a certainty in your life.

1. You Must Be Consistent

Too many wannabe wealthy people think that things have to work immediately, within three seconds, if they are ever going to work. So, they learn a new way to promote their business, they implement it for the said three seconds (a slight exaggeration!) and then they wait for the riches to pour in and then, nothing happens so they stop and change direction or quit.

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Getting rich happens when you stay on path for a long period of time. It happens when you realise that it is the day in, day out consistent following of a plan that gets you to your goal. Regardless of what the media may say, there are no overnight successes, there is only someone who consistently put one foot in front of the other daily, with eyes focused on the goal for as long as it took to get where they set out to go.You can be that person, too.

2. You must have boundaries

How much of your time is currently spent satisfying the needs and desires of the people in your world who do not have the same mission as you? How much time do you spend (and I must be blunt) people-pleasing? So much time is spent by the vast majority of people, keeping everyone happy. And it is usually at the expense of their own dreams, their own calling and mission. If you do want to be wealthy then you need to build the habit of controlling the access that other people have to you and this matters whether they are loved ones or customers or whoever.

Of course, there will be varying levels of access with a few key intimate family or friend relationships but overall, understand you are on a mission and therefore, you cannot spend all your time trying to be liked. Your goal is to serve as many people as possible, not please them. So, be a person with boundaries.

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3. You must get around like-minded people

How on earth are you going to create wealth and get rich if you and everyone around you is more likely to think that ‘lack’ is a normal way of life? Yes, you may have been brought up in an environment where most people lived a bland life. Yes, they may have assumed that they would get a job and stay in that job, just about getting by, until they died. However, if you have decided that you are going to get wealthy, then it is time to seek out a new crowd.

You become like the people you hang out with. So, again, in addition to having boundaries when it comes to certain people, dare to uplevel the relationships in your life. Choose to get around people who think it is normal to succeed. Let their thinking seep into your mind and heart and let it become your norm, too. You can be, do and have whatever you want and it helps to be surrounded by others who believe the same.

4. You must invest in your personal growth

Do you understand that you are your greatest asset? Whatever you invest in yourself, is not an expense, it literally is an asset and will continually produce results for you, time and time again. The books you read, the courses you attend, the coaching you get, all have the ability to accelerate your speed to becoming wealthy. Do not be one of those people who think that every teacher, coach, mentor out there is just trying to scam you. That is a poverty mindset. Every learning experience is just that, a learning experience. It is you, the student, who chooses what you take out of the experience. Implement Kaizen – the practice of continuous improvement.

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5. You must get comfortable with being uncomfortable

If it were possible to be wealthy while doing only the things that come easy and are comfortable to you, then you would already be rich. Form a habit of expanding yourself. Form a habit of stretching yourself by taking on more things that you normally wouldn’t do. Of course, be wise about this but do not be content to remain the same, unchallenged and unprovoked. It gets you nowhere fast. Instead, choose to do the things that you avoid. Choose to try a whole lot of new things in order to see what will actually work for you.Get comfortable with the uncomfortable.

6. You must get a journal

Yes, I am prejudiced about this. I think everyone should have a written journal – a place to record one’s thoughts, one’s desires, one’s crazy feelings and more. A safe place to peel off the layers and discover what is really going on beneath the hood. Yes, I do think you must have one. And more than that, you must get into the habit of writing in it daily, preferably during a form of quiet time first thing in the morning. I am being prescriptive, I know and yet, it will help you accelerate your personal growth. The daily routine of writing in the journal will keep you clear, keep you aware and keep you on track. The main key here is to raise your awareness. You cannot get rich and wealthy while living a passive, ‘whatever comes’, life. Get Deliberate.

7. You must believe you can do only what you love

A big obstacle for a lot of wannabe wealthy people is the thought that the only pathway to wealth is to be someone they don’t like, do things they don’t want to do and yes, they get to have it all but the cost seems too high. And, of course, it is. And yet, most of the people who do create vast amounts of wealth are not doing it while doing things they hate to do. There may be areas of their business that they dislike and mostly, they outsource those bits. Overall, those with true wealth enjoy their business and enjoy who they are. And for those who don’t, they tend to self-sabotage. We see this all the time in the media. To end this article, you must see that you always get what you expect to get, so if you expect wealth and getting rich to mean you must be someone you don’t like, you will not allow yourself to succeed.

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Why not choose to believe and take actions that align with who you want to be as a rich, wealthy person? Little by little, stop doing the things you do not enjoy and begin doing more of what you love.

Choose to create a life and a business you want, because you can.

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Rosemary Nonny Knight

Business & Life Strategist

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Last Updated on January 2, 2019

Better Alternatives to New Year’s Resolutions to Reduce Your Stress

Better Alternatives to New Year’s Resolutions to Reduce Your Stress

The end of the year is the time when everyone tries to give you advice on how to live healthier, look better, and earn more money.

It’s understandable if you find yourself lost among all the tips and opinions. Sometimes you no longer know what you truly want to achieve next year – and what’s just imposed by society.

To help you out, we’ve made this article about the things you should remove from your new year’s resolution list – instead of adding to it – to make your daily life more harmonious and peaceful.

So just make sure you cross these off your New Year’s to-do list – your body, mind and soul will be thankful.

1. Stop Buying Meaningless Gifts

We all know the sense of obligation – when we have to buy a gift for an event or celebration that’s already tomorrow, but we still have no idea of what to give.

Take these tips close to heart for all upcoming holidays, including birthdays, weddings, graduations, etc.:

Stop focusing on the material objects

Instead of focusing on what material object to give, think about the emotion you want to evoke[1] in the gift recipient, and then pick a symbolic gift that can support or represent that emotion. For example, you can gift coziness by presenting a “comfort set” with warm socks, tea, candles, etc. Or give motivation by presenting a beautiful planner or notebook.

Plan gifts in advance

We know this is easier said than done. But if you try to plan which gifts you’ll need in the upcoming months (try making a list three or four times a year), ideas will more likely come to mind and you’ll avoid that last-minute shopping. Not to mention, you’ll be able to keep an eye on sales to get the best prices.

Suggest a better way

If you’re tired of exchanging gifts for birthdays and holidays, initiate a different approach. For example, draw names among family members and agree that each one only buys a present to that one person they got. Alternatively, you can agree not to share gifts among adults, and only give presents to kids of the family. Or, ask friends to donate to charity instead of buying a gift for you.

Go for common experiences instead of exchanging gifts

You can agree (with your partner or the extended family) to go on a common trip, dinner or another activity, instead of spending money on gifts.

Sometimes you’ll have to be the one who initiates breaking the rules that have been accepted in the family for years. But if you suspect that you’re not the only one in the group who’s tired of gift-hunting, you’ll surely find support for your suggestions.

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2. Don’t Exaggerate with Diets and Fitness Resolutions

It’s no secret that TV shows, article headlines, and ads (not to mention our healthy diet-obsessed friends) make us feel like we need to look better, slimmer and younger than we actually are. But going on yet another diet or starting a fitness plan with the wrong motivation rarely leads to great results.

If you are like many people, you have probably signed up for an annual gym membership at least once in your life – only to drop it one month later.

How do you balance a good resolution for a healthier life without pushing yourself into commitments that won’t last?

Here’s what you can do:

Set a healthier pattern

For example, do meat-free Mondays or reduce meat consumption to three days per week (less saturated fat for you and better for the environment). Or choose to eat only healthy food at least three days a week or only on weekdays (e.g. make sure your meals contain vegetables, fruits, whole grains, dairy products, and protein). This way you’ll already have a healthier diet while still being able to treat yourself with a snack on weekends or parties.

Get a fitness watch

Fitness watches like Fitbit or MiBand are tiny accessories that will count your steps, calories burnt and will serve as an excellent motivator to move – or to take the stairs instead of the elevator.

Find a physical activity that you enjoy

Even if you are not that fond of doing sports, you can definitely find an activity that you’d do with pleasure. Think about what you’d like – from taking up Nordic walking to pilates or even exercising at home.

Try intermittent fasting

This is an alternating cycles of fasting and eating. For example, stop eating at 8 pm and restart not sooner than 12 hours later. This approach has been proven to have numerous health benefits, in addition to weight loss.

Skip cabs or driving to work and opt for cycling or walking instead

You’ll burn calories, breathe some fresh air, and save money – win-win!

3. Put a Cap on Your Daily To-Do List

In today’s busy world, planning your day in a stress-free way is actually an art in itself. It’s natural to want to be a loving parent, a diligent employee, an active member of the local community and probably several other individual roles.

But playing all these roles requires energy and meticulous planning. How not to lose yourself amidst all the appointments and responsibilities? And – most importantly – how to still find time for relaxing and recharging yourself?

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These daily planning tips will help you have more stress-free days:

Leave bigger intervals between meetings

If you schedule too many appointments or chores in a day, you’ll probably end up late at some point, and as a result – more stressed. There are many different reasons why people are late, but poor planning is a major factor too.

Plan time to relax

As weird as it may sound, you should try and schedule your resting time. For example, if you only have one free evening this week, and a friend tries to squeeze in a meeting, feel free to say no. Don’t feel obliged to specify the reason for your refusal, just say that you are busy.

Try to be a little pessimistic

We’re often packed with plans or running late for errands because we tend to be overly optimistic – about the traffic, the time it takes to do things, etc. Instead, try an opposite tactic — assume you’ll hit traffic or the meeting will take longer.

Try waking up earlier

Sometimes even waking up 30 minutes earlier can give you the much-needed head start for several errands of the day. But remember to get enough sleep every night, even if it means going to bed earlier.

Plan your day the day before

Chances are your day will be much better organized if you pack a lunch and lay out an outfit before going to bed.

Designate a time for checking emails and social messages

If you start checking your messages between appointments, you risk getting lost in a sea of messages that need replies. Designate a time for this activity or do it in case you arrived early to a meeting.

4. Let Go of Unhealthy and Time-Consuming Habits

If there’s one thing we should get rid of in the new year, it’s the habits that steal our time, provide instant gratification but don’t offer any value in the long term. Or even worse, leave a negative impact on our health.

Here are some common (and pointless) habits along with tips on how to get rid of them:

Binge-watching TV series

Even if most online television platforms offer you lists of “Best TV Shows to Binge Watch”, being addicted to series is a major time-waster.

You can manage this addiction in several ways, for example, watch one episode per day (or a few per week) as a reward, only after you’ve finished an assignment or done a house chore. Or try replacing this habit with exercise or reading a book – this will be hard at first but should stick after a few weeks. You can also try to track how much time you spend on TV or movies – seeing how much of your life you are wasting might urge you to do something about it.

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Running on coffee

Being a coffee addict is kind of a stylish addiction nowadays, but it’s not that innocent as it may initially seem. Besides addiction being a problem in itself, drinking too much coffee (more than 500-600 mg of caffeine a day) may lead to nervousness, insomnia, an upset stomach, a fast heartbeat, and even muscle tremors.[2]

As a solution, try switching to tea or edible coffee – a more sustainable, healthy, and productivity-enhancing alternative. For example, Coffee Pixels are solid coffee bars that generate a more even energy kick throughout the day without the coffee-induced abstinence and dehydration.

Procrastination

Fighting procrastination requires some serious willpower. If it is a problem in your daily life or work, try ”eating the frog” in the morning – get over your biggest or hardest tasks first, then tackle everything else.

Alternatively, use time tracking software to monitor exactly how much time you waste on unproductive actions, websites or apps. Once you know exactly how much time you’re spending unproductively, try to limit your time on social media, for example to just 20 minutes per day.

If nothing else works, try bribing yourself — promise yourself to do something fun or pleasant when you finish your assignment.

Whichever habit you want to give up, consider using some habits building tools to make a contract with yourself and reward yourself for milestones achieved.

5. Stop over-consuming

We live in the age of consumerism – huge manufacturers with their promise of a comfortable life on the one hand, and growing environmental threats – that are the direct result of our modern lifestyle – on the other hand. There’s only one solution – try to consume less whenever and wherever you can.

Before making additional purchases, ask yourself these questions:

  • Do I really need it? Did I need it yesterday?
  • Can’t I buy it used or borrow it from friends?
  • Can I rent it?
  • Can I make it myself?
  • Am I buying the most sustainable version of this product?

For example, check if the brand you chose is conscious about the environment, for example, are the products they manufacture energy efficient? Do they try to use less packaging?

Also, if you often find yourself buying too many groceries, promise to buy only the amount that fits in one shopping bag (that you bring along). If you often forget to take your shopping bag with you, get yourself a 2-in-1 wallet with a built-in shopping bag for more eco-friendly shopping.

6. Learn to Unplug from Your Phone

Today’s world is crammed with information, and many people struggle to keep focus on what’s truly important. There’s just too much going on in the world – too much to read, to watch, to know, too many conversations to participate in.

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But how to refuse the temptation to check the phone and start using social media in a controlled, not a compulsive way?

Some tips for managing your phone-dependency:

Spend only a limited amount of battery per day

For example, start your day with 50% battery life, and manage your phone usage so that you’ll make it till the evening.

Block distracting apps and notifications on your phone and computer

Choose one-hour, two-hour or longer blocking sessions and enjoy the positive impact this will have on your mood and productivity.[3]

Set your phone on flight mode

When you start doing an important task that requires full focus, set your phone on flight mode so that nobody can disturb you.

Leave your phone at home or in the office when you go for lunch

You’ll see that the feeling of being unreachable for a moment is actually very liberating.

The Bottom Line

As a new year begins, we’re all excitedly looking forward to what adventures await ahead of us.

But this year, promise yourself this:

Instead of having a never-ending list of tasks and commitments, focus on the truly meaningful ones. And cross-out all the rest without feeling guilty.

Less is more. Make this year count. We’re all rooting for you.

Featured photo credit: Brooke Lark via unsplash.com

Reference

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