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7 Things Rich And Happy People Do Differently

7 Things Rich And Happy People Do Differently

Rich and happy. Sounds like the perfect combination, right? That’s pretty much what everyone wants, but very few people seem to obtain. So what is it that rich and happy people do differently than others? Here are 7 things that might surprise you:

1. They value education.

We live in a society that rewards education, and one of the best place to look to for examples is in the White House. Every single one of our presidents (at least in modern times) has been highly educated. They didn’t get to be the leader of the free world without learning something along the way.

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2. They give to charity.

Warren Buffet is considered the most successful investor of the 20th century by many people. But the ironic thing is that he gave away almost 99% of his wealth, primarily via the Gates Foundation. Known for his frugal ways, he simultaneously knows how to make money and give it back for the highest good of the world.

3. They have productive, meaningful work.

Barbara Walters just retired, and she blazed a trail for all women journalists who followed her – Oprah Winfrey included. People like Barbara and Oprah entered journalism because they had a passion for the work. Not only did they want to investigate and tell stories, they also wanted to help people along the way. In fact, Oprah frequently says in interviews that she gets up every morning and says, “God, use me for good today.” Following that passion helped her grow wealthy as well as fulfilled.

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4. They know when to move on.

Speaking of Oprah, she “retired” after 25 years of a successful talk show. However, she obviously didn’t stop working altogether; she started her own network (OWN) and moved on to different and equally meaningful work. Super Soul Sunday, Life Class, and Master Class are just three examples of how her departure from “The Oprah Winfrey Show” has benefited her audience in a way that was different than what she was doing before.

5. They don’t care what you think of them.

If you’ve seen the movie “Jobs” about Steve Jobs, you know that he didn’t care what anyone thought of him. He was a brilliant man who had incredible vision that he implemented through Apple. While some people may say that he wasn’t the most likable guy in the world (if you saw the movie, you know what I mean), he still did what he knew was best. And the result was not only great wealth, but a technological legacy that will last for all of time.

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6. They aren’t afraid to fail.

George Lucas was rejected by at least a hundred different film companies when he was trying to find one to make “Star Wars.” If he had viewed each rejection as a failure, then we wouldn’t have one of the biggest and most popular movies of all time. All famous and successful people like him don’t believe in “failure.” They simply see it as an opportunity to try it again.

7. They work hard.

One of the most talented and famous basketball players in recent history, Michael Jordan, didn’t get to the top by sitting on the sidelines. He was cut from his high school basketball team – but do you think that he decided to take some time off and relax for a while? No. He worked 100 times harder. That hard work and dedication certainly paid off.

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While achieving both money and happiness seems like an improbable goal, it really does happen sometimes. All of these cases of wealthy, positive people prove that successful individuals do what it takes to get there, and nothing will stop them.

 

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Carol Morgan

Dr. Carol Morgan is the owner of HerSideHisSide.com, a communication professor, dating & relationship coach, TV personality, speaker, and author.

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Last Updated on January 21, 2020

How to Develop a Millionaire Mindset in 6 Simple Steps

How to Develop a Millionaire Mindset in 6 Simple Steps

We all like to dream about being financially wealthy. For most people though, it remains a dream and nothing more. Why is that?

It’s because most people don’t set their mind to achieving that goal. They might not be happy in their current situation but they’re comfortable – and comfort is one of the biggest enemies of growth.

How do you go about developing that millionaire mindset? By following these simple steps:

1. Focus On What You Want – And Take It!

So many people are too timid to admit they want something and go for it. When there is something that you want to accomplish don’t think “I could never actually do that”, think “I could do that and I WILL do that”.

Millionaires play to win, not to avoid defeat.

This doesn’t mean to have to become a selfish jerk. What it means is becoming more assertive and honest with yourself. You don’t have to grab off other people. There is a big pot of unclaimed gold in the middle of the table — why shouldn’t you be the one to claim it? You deserve it!

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2. Become Goal-Orientated

It’s almost impossible to achieve anything if you don’t set firm goals. Only lottery winners become millionaires overnight. By setting yourself attainable goals, you will get there eventually. Don’t try to get rich quickly — get rich slowly.

Let’s take the idea of making your first million dollars and expand on what kind of goals you might set to get there. Let’s also say you’re starting at a break-even position – you’re making enough to get by with a few luxuries, but nothing more.

Your goal for the first year can be having $10,000 in the bank within a year. It won’t be easy but it is doable. Next, you need to figure out the steps you need to take to achieve that goal.

Always look at ways to make growth before cutbacks. With that in mind, you might want to see if you can negotiate a pay rise with your boss, or if there’s another job out there that will pay better. You might be comfortable in your old job but remember, comfort stunts growth.

You may also have other skills outside of your workplace that you can monetize to boost your bank balance. Maybe you can design websites for people, at a fee of course, or make alterations to clothes.

If this is still not enough to make the money you need to save $10,000 in a year, then it’s time to look at cutbacks. Do you have a bunch of old junk that someone else might love? Sell it! Do you really need to spend $10 on your lunch everyday when you could make your own for a fraction of the cost?

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If you are to become a millionaire, you need to start accumulating money.

Here’re some tips to help you: How to Become Goal Oriented and Achieve More in Life

3. Don’t Spend Your Money – Invest It

The reason you need to accumulate money is for step three. Millionaires tend to be frugal people, and that’s because they know the true value of money is in investing. Being your own boss goes hand-in-hand with becoming a millionaire. You’ll want to quit your regular job at some point.

Stop working for your money and make your money work for you.

Rather than buying yourself a new iPad, that $500 could be used to invest in the stock market. Find the right shares (more on that later), and that money could easily double within a year.

There’s not just the stock market — there’s also property, and your own education.

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4. Never Stop Learning

The best thing you can invest in is yourself.

Once most people leave the education system, they think their learning days are over. Well theirs might be, but yours shouldn’t be. Successful people continually learn and adapt.

Billionaire Warren Buffet estimates that he read at least 100 books on investing before he turned twenty. Most people never read another book after they’ve left school. Who would you rather be?

Learn everything you can about how economics works, how the stocks markets work, how they trend.

Learn new skills. If you have an interest in it, learn everything you can about it. You’d be surprised at how often, seemingly useless skills, can become extremely useful in the right situation.

Start developing the habit of learning continuously: How to Create a Habit of Continuous Learning for a Better You

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5. Think Big

While I advise to start off with small goals, you absolutely should have a big goal in mind. If you have a business idea, then that is your ultimate goal – to start that business and make a success of it. If you want to invest your way to millions of dollars and do little work other than research, then that is your big goal.

There is no shame in not achieving a big goal. If you run a business and aim to make $1 million profit in a year and “only” make $200,000, then you’re still significantly ahead of most people.

Aim for the stars, if you fail you’ll still be over the moon.

6. Enjoy the Attention

To be successful, you have to be willing to promote yourself and enjoy the attention to a certain extent. Now the attention doesn’t need to be on yourself, it could be on your brand, but attention definitely attracts money.

Never be embarrassed to get your name out there. That means finding a spotlight and being brave enough to step right up underneath it.

If you run a business, try contacting the local papers. You’d be surprised at how amenable they often are to running a story about you and your business, and it’s all free publicity.

Above all, remember: You control your own destiny. Push hard enough for anything and you’ll get it.

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Featured photo credit: Austin Distel via unsplash.com

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