10 Habits You Can Start This Weekend to Become Rich

The most successful individuals have a habit of waking up before dawn. In fact, a study found that half of them wake up at least three hours before the beginning of their workday.
Adopting this strategy gives you the chance to tackle some of your tasks for the day in a quiet environment, free from distractions
Thomas Corley writes in his book “change your habits, change your life” that waking up at 5 am to work on the top three things you want to accomplish allows you to regain control of your life. It gives you a sense of confidence that you truly are the one directing your life
The notion that early birds perform better in school which gets them enrolled in better schools which then opens doors of opportunities have for a long time been supported by research; according to Christoph Randler from the University of Education Heidelberg, Germany; the rich and successful claim that the exact moment you wake up isn’t as important as what you do after, that it’s all about how you manage your time and making the most out of it.

Live Within Your Means

The term, “living within your means” means that the amount of money you spend every month is less than or at least equal to what you’re earning at the end of the month
Of course, this is so much harder for some more than others. Loans, Credit Cards, Savings, and Emergency Funds might give you the leeway to spend more than you earn but to what end? This kind of lifestyle just messes you up in the end.
One sure way that rich people use to avoid overspending is paying their future selves first, they save a fraction of their income say 20% and live on the rest. A majority of those who are struggling financially are actually living above their own means; they spend more than they earn and end up crushed under a pile of debt
Learning how to live below or within your means saves you from suffering financially and gives you a sense of ease that’s present as a result of financial freedom

Make A Habit of Reading

Learning and educating yourself is one of the steps you can take towards having a hold on your finances.
Rich and successful people like Warren Buffett and Elon Musk saw the value of reading from earlier on and haven’t ceased, even though they are so high up the financial ladder. The reason why successful people read is to improve themselves. Doing so sets them apart from competitors; broadening their knowledge opens them up to new opportunities which means more money
One of the reasons why the poor don’t grow professionally and are among the first to be sacked or demoted is they don’t read turns out only one in 50 of those struggling financially read to improve themselves.
Mark Cuban talks about how he would buy and read business-related books that would be of any help in his autobiography; the small fortune he would spend was only a small price to pay for all the nuggets of wisdom he received
Drew Houston speaks about how he would spend most weekends reading books on sales, business, and marketing. You’re so much more valuable to co-workers, clients, or customers if you read the information that will expand your knowledge about your business
88% of wealthy people read for at least half an hour on a daily basis and there’s more than one way to go about it;
Some listen to audiobooks on their way to and from work
Some read for self-development; others, biographies of successful people, current affairs, histories and
Some read for pure entertainment
Biographies of successful people are really great because they help us learn from people’s very own success stories. Get your hands on books about success, people skills, and anything else that might be related to wealth and success, you won’t regret it
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Controlling Your Emotions

Just because you have a particular thought or opinion in mind, it doesn’t mean you have to say it out loud. Not every thought has to escape from your mouth nor does every emotion need to be expressed. Funny enough, a loose lip is a habit for those who are struggling financially.
94% of the wealthy on the other hand keep their feelings in check, they’re more than most aware of the repercussions of giving voice to what they think out of anger or resentment. They know how feelings can destroy relationships, both personal and professional. It would be wise to take time to cool off before reacting to certain situations.
Fear is one of the hardest emotions to control, we constantly fear change, making errors, failure, and taking risks; but once we learn to conquer them, we get confidence that allows us to go for what we want

Networking

Associating with people allows you to build valuable relationships that might help you reach your financial goals in the future
Networking is crucial in your climb to the peak of success as it helps to develop and improve your skillset, be on top of the latest trends in your industry, keep an eye on the job market, meet prospective mentors, partners, clients, and access resources that will nurture your career development. Networking will not only help you land a job faster but if done right it can also give you an upper hand throughout every stage of your career.
Steve Siebold, self-made millionaire and author of “How Rich People Think” says that your net worth is a reflection of your closest friends. We become like the people we associate with and it’s for this reason, winners are attracted to winners. Where you immerse yourself deeply matters

Do Things on Time, Avoid Procrastination

Whether you realize it or not, procrastination is a big reason why you’re struggling financially in life.
The rich and successful understand that procrastinating impairs quality, leads to dissatisfied employees and clients, and also wrecks non-business-related relationships. The bright side about procrastination is that you can overcome it and doing so isn’t as difficult as many people painted out to be.
It’s believed that the voice of procrastination screams just as loud and clear in the minds of those who soar in life as it does in the minds of those who do not. How they silence it, you ask! It’s quite simple. Those who excel in life depend on to-do lists to get things done, they create distinct deadlines and meet with partners who are also accountable.
Most of us fall into the trap of procrastination but fighting it goes a long way, the more you push things aside, the more they pile up and this just overwhelms you; even more to quote the actor Christopher Parker; procrastination is like a credit card, it’s a lot of fun until you get the bill

Talk Less and Listen More

For every minute that you speak, another 5 should be spent listening
The wealthy are good communicators because they’re good listeners and according to most rich and successful individuals, you learn more by listening than you do when talking
Richard Branson, self-made billionaire and founder of virgin airlines believes that to make it in the entrepreneurial world, you’ll need to listen more than you talk. He says that he spends as much time as possible listening to the people he meets wherever he goes. He’s always astonished by what new and useful information he can get just by keeping his ears open. He suggests taking down notes the next time you’re in a meeting or having a conversation instead of talking over it, there’s so much you miss out on if you don’t listen
Billion-dollar buyer, host, Tillman Fertitta also agrees with this and says that great listening skills are one of the qualities he looks for in young entrepreneurs. So take the advice of these wealthy individuals; be a little stingy with your words but more receptive to what others have to say, after all, we were given two ears and one mouth for a reason

Associate With The Right People

Avoid those who are toxic. We’re only as successful as the people we spend most of our time with.
If you want to grow financially, take a step back and evaluate your relationship. Determine which ones are actually building you up and which ones are holding you back, cut ties with those who don’t have the same ambition as you, and see the difference
The rich are well aware of the importance of surrounding themselves with other like-minded individuals
They spend their time with other people who also have talent drive and the potential to become successful
They spend their time getting to know them at gatherings, events, and conferences or even grabbing lunch or a coffee with someone who’s interesting, this is time well spent as it keeps their minds focused on success and allows them to interact with new people who have bright fresh thought-provoking ideas.
They also get contacts from influential people in the process who help them out at some point

Invest & Pay off Debt

The sole reason to save money is to invest it in the future. How much you save and invest is actually more important than the size of your paycheck
As mentioned earlier, millionaires invest at least 20% of their income annually and their wealth is measured by how much they’ve saved and invested over time and not the amount they make
There are 2 things you must do to achieve financial freedom;
Firstly, you have to commit to paying off any and all debt. Begin by identifying which ones should be cleared before investing and handling them first
The second thing is to make saving and investing your highest financial priority in your life. Funds invested properly in interest-bearing savings accounts and stocks can generate passive income which is key when it comes to getting rich
With passive income, money comes in without you having to get out of bed in the morning. For you to be rich you have to scrub the idea that it’s much easier to make money when you’re older out of your mind, the opposite is actually true; make the money right now and use it to decrease your loans so that as you get older, you’re free of debt and have cleared your mortgage

Always Keep in Mind What Your Purpose Is

Once you know what you want and go for it, you’re a step closer to achieving success. Those who go for their dreams are usually the most successful; the reason being they love what they do for a living and are more than ready to devote more hours every day towards achieving their purpose.
Odds are if you aren’t making enough at your job, it’s because you’re not doing what you love. Once you earn a significant income doing what you like, rest assured you have found your purpose
Well, folks, I hope you enjoyed and found value in this guide


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