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10 Signs That Tell You’ll Be Rich Even If You’re Not Born in a Well-Off Family

10 Signs That Tell You’ll Be Rich Even If You’re Not Born in a Well-Off Family

I’ve been obsessed with money since I was a kid. Not in a scary way, I’ve always known not to worship it or anything, but I caught on quickly to the importance of a dollar.

I loved my allowance and I always looked forward to making extra (the tooth fairy was very generous). Good grades meant good earnings, so I slaved away over homework. As I grew up, I sometimes forgot how long it took to earn a certain amount, and it would lead to me spending my money recklessly. If you want a lesson in economics, spend poorly; you’ll quickly figure out how important saving money is.

Now I work hard and take on all kinds of side-jobs so that I don’t have to stress about cash. I budget myself strictly and I have healthy savings accounts. Sure, some people are born into money, but for those of us who have to work for it, there’s added satisfaction when you balance your checkbook and see all those numbers.

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You really can become a millionaire. It just takes time.

No matter how measly your salary or hourly pay may be, there are ways to invest and earn that can quickly up your status from peasant to prince. The trick is knowing how to do it and what steps to avoid. Sure, you could go out and waste money on books claiming to make you rich quickly, but why? I’m here to provide a list of (free) solutions.

If you have these 10 qualities, congratulations! You’ll probably be rich in the future.

You have a clear life purpose.

This doesn’t mean you wake up every day with the intention of making tons of money. It means you know what you want and you know how to work hard. For me, I knew I needed to spend more wisely, so I confided in a friend who had done really well, financially. With her help, I created a spreadsheet that I could use to track my spending. I swear by this budget and update it daily. When I know I want to set aside X amount into my savings account every month, it’s a clear goal I can work toward and visualize with my budget.[1]

You don’t look for a quick fix; you’re patient.

I’ve seen so many programs claiming to make you millions of dollars overnight. The headlines are usually something like, “Try this crazy tip and double your profit instantly!” While that may sound awesome, it also seems impossible. And for good reason. It takes time to create wealth. In fact, in one study, 52% of participants didn’t attain wealth until age 56. Sure, it may seem easier to spend $100 on that purse you’ve been eyeing than to reserve $100 in savings. But is that quick dopamine hit really better than the long-term happiness a secure savings account will bring you?

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You take calculated risks.

This doesn’t mean you should buy a lottery ticket whenever the jackpot is over a million dollars. Instead, it means you should know how to invest your money and pursue opportunities. If you don’t feel ready to work with a financial advisor or investor just yet, ease into it. There are plenty of free apps out there that help you learn to invest like a pro. Start there!

You’re highly resilient and never give up when there are setbacks.

When it comes to investing in yourself and your future, sometimes it can feel overwhelming and borderline impossible. When you have that voice in your head telling you to be fearful and give up, overcome it! Remember, this is a long-term commitment to your own financial success. It may be scary, but it’s all about your future.

You are open-minded and can see things from different perspectives.

No one ever made money by keeping their head down and avoiding change. When you are enthusiastic about new ideas and opinions, you begin to grow. Only with this kind of growth does success occur.

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You are frugal, but still giving.

When you’re trying to save and be thrifty, it can feel challenging to give to others, even charity! But there’s a difference between being cheap and being smart with your spending. Give time and money when it comes to things you’re passionate about. Spreading wealth is a great way to have it returned to you by the universe.

You finish what you start and seldom make excuses.

You don’t make money or become successful by coming up with reasons to stop working hard. Take accountability for yourself and your actual accounts. You are the only one controlling your future. Be smart about it and don’t quit.

You work hard instead of only looking for shortcuts.

If you’re always looking for sly ways to get out of something and still make money, then here’s a spoiler alert for you: you will fail. You have to be willing to work hard and put in the effort. And why wouldn’t you? Don’t you want to earn money?

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You invest in valuable things.

I’m not just talking about stocks and bonds here. When you’re trying to become a successful and wealthy individual, you have to invest in the things you hold dear. This also includes mistakes (which I’ll explain in the next point).

You are not afraid of making mistakes.

Mistakes are valuable! They teach you. No one likes to make a mistake, as it so often makes us feel like we failed somehow. But have you ever made a mistake and not learned something from it? Mistakes, no matter how frustrating, are a great teaching tool if we are wise enough to take advantage of them. When it comes to our financial success, mistakes can hit hard, but I can guarantee you won’t make the same one twice.

You don’t have to be a genius to be rich.

At the end of the day, it’s about common sense. Spend and invest wisely and don’t get hung up on trends or bad advice. Know yourself and your goals and aim to achieve everything you want and more. Instead of hoping to become a multimillionaire, set attainable goals. Maybe you want to save $1,000 in your savings account by your birthday. Perhaps you want to open a 401k for the first time. Whatever it is, set that intention and follow through. Maybe your friends need to help keep you accountable. No matter what it is, figure out what gets you to your goal and don’t quit. And hey, don’t forget about us little people when you’re rolling around on that mattress of cash.

Reference

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Heather Poole

Technical writer

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Last Updated on October 17, 2018

7 Natural (And Highly Effective) Ways to Improve Memory

7 Natural (And Highly Effective) Ways to Improve Memory

How is your memory? Is your cognitive function as strong as you’d like it to be?

If not, then you’re definitely going to be interested in the memory improvement tips I’ll be sharing with you in this article.

Despite what you might think – or have been told – improving your ability to recall information is certainly possible. You just need to know the right ways to do it. (Don’t worry, as you won’t need to make any significant lifestyle changes.)

So how to improve memory? Let’s dive straight into the first of seven easy ways to improve your memory significantly.

1. Meditate

We live in a world of non-stop, 24/7 information. It’s like a waterfall that’s endlessly pouring news, data, facts and figures into our conscious minds.

Unfortunately, our brains are not designed to absorb this tremendous amount of information. It’s no wonder then, that most people struggle to remember information and recall things.

Even if you believe you have a good memory and are comfortable with multi-tasking, you’ll also be aware that there’s only so much information your brain can process at one time. And research suggests that the more information and distractions, the harder it is for you to transfer information to your long-term memory.[1]

Fortunately, meditation can help you out.

Even if you just meditate for 10 minutes per day, you’ll boost your ability to focus, which in turn, will make it easier for you to remember important facts.

If you need help in shifting into a meditative state, I recommend trying an app like Headspace – which can assist you to achieve this in a convenient and structured way.

And don’t forget, meditation doesn’t just have to be closing your eyes and sitting in a lotus position. Some people prefer to simply take a short walk in nature. This clears and calms their mind, and still provides the all-important boost to their focus.

2. Get plenty of sleep

If you’re sleep deprived or have not been sleeping well, then I’m guessing you’re not remembering well either. This is because sleep and memory are intimately connected.

If you have a busy life and regularly find yourself not getting enough sleep, then this will negatively impact your cognitive abilities – including your memory.

How much sleep should you be getting?

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Well, according to the National Sleep Foundation, you need a minimum of seven to nine hours of sleep per night. If you get this amount of sleep regularly, then within just a few days, you’ll see a tangible improvement to your ability to remember and recall things.

Now, I’ll be honest with you, maintaining a proper sleep cycle is not always easy (especially when the latest Netflix series has just been released!). But if you care about improving your short-term and long-term ability to remember things, then it’s critical that you try to get at least the recommended amount of sleep every night.

Are there ways to hack the sleep cycle?

Yes, there are.

Try these three things:

  • Have a fixed bedtime (preferably before 10pm)
  • Don’t eat too late
  • Make sure your bedroom is as dark as possible

Sleeping is a precious activity. It regenerates your body, clears your mind, and helps with the storing and retrieval of information.

However, don’t sleep just yet, as I want to tell you about another great way to increase memory…

3. Challenge your brain

When was the last time you challenged your brain?

I don’t mean challenged in the sense of overeating or undersleeping. I’m referring to stretching your mental capabilities through things like crossword puzzles, Sudoku and memory games.

To expand your memory bank, and to make your recall razor-sharp, you need to continually challenge your brain.

Feedback from Lifehack readers such as yourself, has suggested that brain training apps are a super-effective way of doing this. Used regularly, these apps can enhance your focus, attention span, problem-thinking ability and memory.

There are hundreds of these apps available (most of them for free), but I recommend starting out with one of the big three:

  • Peak (Android/iOS, free, 10 million+ downloads)
  • Lumosity (Android/iOS, free, 10 million+ downloads)
  • Elevate (Android/iOS, free, 5 million+ downloads)

If you normally spend a chunk of your week playing computer games, then instead of shooting and killing your enemies, why not let some of them live – while you put your attention into boosting your brain power!

Challenging your brain will strengthen your neural pathways and enhance your mental abilities. But don’t just take my word for it, try one of the apps above and see the positive benefits for yourself.

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4. Take more breaks

When I think back to my days as a budding entrepreneur, I distinctively remember working all the hours under the sun – and many under the moon too!

At that time, I believed that breaks were for the weak, and to become wealthy and successful, I needed to shed blood, sweat and tears.

However, I was wrong.

Taking regular breaks is the best way to keep yourself productive, creative and alive to opportunities. It’s also the best way to learn new information.

Let me explain.

Typically, when studying lots of new information, most people will spend hours reading it – in an attempt to learn and remember the content as quickly as possible. Unfortunately, they’ve overlooked something.

Namely, extended study sessions are rarely a good thing, as your ability to retain information naturally declines after a certain period of time.

It’s similar to physical exercise. You wouldn’t attempt to train vigorously for four hours in a row. Instead, you’d take regular breaks to give your lungs, heart and muscles adequate time to recover. Failing to do this will result in muscle cramps and overexertion.

It’s the same with your brain. If you overload it with information, you’ll suffer from mental fatigue.

What’s the answer?

Make sure you take regular breaks when learning new information. I recommend at least a 10-minute break every hour. (You may also want to take a look at the Pomodoro Method.)

If you don’t want to be as regimented as that, then take breaks as soon as you find yourself losing the ability to focus on the new material. Your brain will thank you – and your learning aptitude will move up a level.

5. Learn a new skill

I love this quote, as it’s 100% true – but frequently overlooked:

“Learning never exhausts the mind.” – Leonardo da Vinci

From my experience of helping to develop the careers of dozens of Lifehack employees, I can definitively say that participating in meaningful and purposeful activities stimulates the mind. It also reduces stress and enhances health and well-being.

Let me give you an example of this:

Imagine you work for a global financial institution in one of their call centers. You take over 100 calls a day – many of them complaints. When you started the job a few months back, you were excited to be in full-time employment and working for a household name.

Unfortunately, your initial enthusiasm quickly turned into frustration.

The endless complaint calls began to take their toll on you. And the supervisors irritated you too, as they were far too interested in micro-managing you – rather than letting you work in your own way.

Now, in the story above, the ending could be that you put up with a job you didn’t like, and led a dull and frustrated working life for years and years. However, an alternative ending is this: you channeled your dissatisfaction in to learning a new skill (computer coding). It took you a year or two to get up to speed, but it allowed you to successfully upgrade your career – and the ongoing learning made the call centre job much more bearable.

Clearly, learning new skills gives you impetus, focus and something to aim for. Your brain loves to learn, and you should tap into this by always seeking our new information. And when learning becomes a habit, you’ll find your ability to remember and recall things effortlessly, becomes a habit too.

6. Start working out

If you’re not already working out regularly, then here’s another reason to do so:

Exercising for 20-30 minutes three times a week will improve your long-term memory.

Regular exercise increases blood flow in your body and supplies the brain with extra oxygen and nutrients. And a well-nourished brain is a well-functioning brain!

“But I just don’t have the time?,” I hear you say.

Not a problem.

A research has shown that a daily burst of 60 seconds of high-intensity exercise, offered many of the benefits of the longer exercise routines.[2] So, if you’re short on time – now you know what to do.

Interested in getting started?

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Here are five different ways that will help you work out:

  • Join a gym
  • Join a sports team
  • Buy a bike
  • Take up hiking
  • Dance to your favorite music

7. Eat healthier foods

I’m sure you’ve heard the expression: “You are what you eat.”

This applies to your brain too.

The food that you eat helps determine your brain’s capacity to store and recall information. A poor diet (think junk food + soda!) harms not just your physical health, but your mental health too.

Fortunately, there are several foods that are especially good for your brain and your memory. These include: blueberries, celery and dark chocolate. But anything high in antioxidants will have a positive effect on your brain and memory.

Conversely, highly-processed foods and those loaded with sugar will have a negative impact on your memory. This is due to them providing insufficient nutrients for your brain – leading you to easily suffer from mental fatigue.

Want to be mentally healthy? Then eat and drink an abundance of these for brain health:

  • Turmeric – helps new brain cells grown
  • Broccoli – protects the brain against damage
  • Nuts – improves memory
  • Green tea – enhances brain performance, memory and focus[3]
  • Fish oilfish oil supplements can increase your brain power

Here’re more brain food options that improve memory!

Final thoughts

I sincerely hope these seven memory boosting ways that I’ve covered in this article will be of help to you.

You don’t need to implement them all. I suggest just trying the ones that appeal to you.

But, if you’re serious about dramatically improving your memory, then make a start right now on adopting one or more of the ways I’ve suggested. I’m confident you won’t regret it.

Featured photo credit: Eric Ward via unsplash.com

Reference

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