Advertising
Advertising

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.

Advertising

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?

Advertising

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.

Advertising

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?

Advertising

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

More by this author

Heather Poole

Technical writer

What To Eat (And Not To Eat) When You Are Suffering From Inflammation! Yes Life Can Be Boring Sometimes. But There’re Some Tricks to Make It More Interesting Why Our Personal Values Matter More Than Ever Today What If All the Choices You Make Every Day Aren’t What You Need Most? How to Be a Leader That Everyone Respects, Not Fears

Trending in Productivity

1How to Be a Maverick and Develop a Maverick Mindset 214 Powerful Leadership Traits That All Great Leaders Have 315 Productivity Chrome Extensions To Boost Productivity (2018 Updated) 420 Amazing Facts About Dreams that You Might Not Know About 5How to Organize Your Life: 10 Habits of Really Organized People

Read Next

Advertising
Advertising

Last Updated on August 15, 2018

How to Be a Maverick and Develop a Maverick Mindset

How to Be a Maverick and Develop a Maverick Mindset

Are you an innovator? Do you have revolutionary and radical ways of thinking? Do you have zero tolerance for ignorant people? If you answered yes to these three questions then you are most likely a Maverick.

Mavericks are essential to top performing organizations. They think differently, act differently, and often times piss people off. Think of some of the most successful people in the world, they are typically Mavericks. Think Richard Branson, Elon Musk, and Steve Jobs. However, we will look at three people you might not have thought about when you think of Mavericks. These three completely buck the status quo and disregard traditional ways of thinking.

Video Summary

So, let’s take a look at what a Maverick is, how you can embrace a Maverick mindset, and why you should protect the Mavericks in your organization.

Do What You Can’t!

    “The haters, the doubters are all drinking champagne on the top deck of the Titanic and we are the f***ing Iceberg” – Casey Neistat

    If you have ever been told you can’t do something, then you must do that thing. Casey Neistat is a fascinating person with a strong message. There is no question Neistat possesses a Maverick mindset.

    “Keep your head down, follow the rules, do as you’re told, play it safe, wait your turn, ask permission, learn to compromise… This is Terrible Advice!” [1]

    Neistat suggests we should do what we can’t. A simple rule here is to pay attention to people when they tell you that you can’t do something. The rule… do that thing.

    Mavericks do not play well with others, yet this is not a bad thing. Why should we play well with others? Should you compromise with a person who seeks to hold you back, NO!

    Neistat provides the perfect analogy for Maverick thinking in a short video. Here is a brief description of the video:

    Advertising

    • Life is like going the wrong way on a moving sidewalk.
    • Walk and you stay put.
    • Stand still and you go backwards.
    • To get ahead… you have to hustle!

    Got Beat? Good!

      “You want to improve your mental toughness? Try this: Be Tougher.” – Jocko Willink

      Former Navy Seal and author of Extreme Ownership: How U.S. Navy Seals Lead and Win is the perfect example of a Maverick. John Eagan nicely sums up an interview between Jocko and Echo Charles during a Q&A in 2015. [2]

      Echo Charles: “How do you deal with setbacks, failures, delays, defeats, or other disasters?”
      Jocko: “Good.”

      What a perfect response! Let’s take a deeper look at what Jocko meant by his simple response—Good.

      Advertising

      Oh, the mission got cancelled? Good. We can focus on the other one.
      Didn’t get promoted? Good. More time to get better.
      Didn’t get funded? Good. We own more of the company.
      Didn’t get the job you wanted? Good. You can get more experience and build a better resume.
      Got injured? Good. Needed a break from training.
      Got tapped out? Good. It’s better to tap out in training, then tap out on the street.
      Got beat? Good. You learned.
      Unexpected problems? Good. We have the opportunity to figure out a solution.

      “When things are going bad, there’s going to be some good that is going to come from it.”

      Protect Your Mavericks

        “What keeps you awake at night? Nothing… I keep other people awake at night.” – James ‘Mad Dog’ Mattis, 26th United States Secretary of Defense

        As I mentioned before, Mavericks typically do not play well with others. They create conflict and generally make people feel uncomfortable. Yet, they play a critical role to success in an organization and senior leaders must protect them. [3] Bob and Gregg Vanourek provide the following advice,

        Advertising

        “Mavericks are essential to innovation. Senior executives play a critical role: leaders must protect the Mavericks in their organizations. They must step up and give Mavericks space to operate, providing organizational cover for Mavericks to work their magic and keep the flame of innovation alight.”

        United States Secretary of Defense James ‘Mad Dog’ Mattis is a believer in this credo and is a Maverick himself. Look no further than the following three powerful quotes from the Mad Dog.

        1. “There are hunters and there are victims. By your discipline, cunning, obedience and alertness, you will decide if you are a hunter or a victim.”
        2. “You cannot allow any of your people to avoid the brutal facts. If they start living in a dream world, it’s going to be bad.”
        3. “Be polite, be professional, but have a plan to kill everybody you meet.”

        Carnivores Eat Herbivores

        So, how can you adopt a Maverick mindset? It’s actually pretty simple. Become a Carnivore. Let’s end with these five simple tips to becoming a Maverick.

        1. Do what you can’t. If someone says you can’t do something, do that exact thing.
        2. Be tougher. If you get beat or fail at something, remember Jocko’s advice. Good.
        3. Become a hunter. Confront the brutal facts of the world and decide to be a hunter.
        4. Don’t be afraid to give people a piece of your mind. Don’t allow yourself or others to be bullied, in essence, bully the bully!
        5. Use sage advice from Cornell Professor and author of Systems Thinking Made Simple: New Hope for Solving Wicked Problems Derek Cabrera and ask, “What pisses you off the most?” Your answer will be what you are most passionate about, go after it!

        Finally, remember there is no easy path to success. To become a Maverick, you have to work hard. There is no magic formula or magic pill. People are not born to be a Maverick, they must embrace it and work for it.

        “There’s no talent here, this is hard work. This is an obsession. Talent does not exist. We are all equals as human beings. You could be anyone if you put in the time. You will reach the top, and that’s that. I am not talented. I am obsessed.” – Conor McGregor

        Reference

        Read Next