5 Habits You Need To Become Wealthy – by AnikSingal Forget what the “get rich quick” schemers tell you: becoming wealthy does not happen overnight. You need a solid plan and the willingness to put in some hard work to make it happen. You also need to develop the right habits. So let me share “AnikSingal's 5 Wealth Habits” with you. If you adopt and stick with these habits, then it’s practically guaranteed that you will become a wealthy person. 1. Invest in assets. Assets have value that appreciates over time. These include “hard assets” like gold and real estate, along with “soft assets” like skills and relationships. One reason why people get into so much financial trouble is they spend their money on things that depreciate rapidly. Think about a new car that loses 10% of its value the second you drive it off the lot, or relationships with negative people that suck up your energy and focus. The more you invest your money and energy into assets, the wealthier you will be – inside and out. 2. Surround yourself with success models. Here’s the deal: the income of most people is roughly equal to the average income of their three best friends. Wealth truly is “contagious.” The fastest way to become wealthy is to hang around other wealthy people. Don’t just pepper them with questions and ask for favors – actually bring in some value. No matter where you are with your business, you can do this. 10 years ago when I was “AnikSingal: newbie affiliate marketer,” I was still able to network with some of the most successful people in my industry, Why? Well, most successful people like taking on somebody as their “apprentice.” So if you seem like an ambitious, action-oriented person with a positive attitude, you can get into those circles. 3. It’s all about value. Every day ask yourself how you can create more value. If you’re an entrepreneur, ask yourself how you can take your products and services to the next level. If you work for a company, ask yourself how you can excel at your tasks.
Wealth follows value. The more value you create, the wealthier you will become. Let that be your North Star. 4. Create a plan and stick with it Being spontaneous is great, but if you do not know where you are going and do not have at least a vague idea of how you are going to get there, then you will waste a lot of time wandering around the desert. Figure out what you want financially. Then research one of the many tried and tested strategies for getting there and follow the damn script. There is no reason to reinvent the wheel here. 5. Always Be On The Lookout For New Opportunities No matter how much you enjoy what you are doing, keep an eye out for new opportunities. You don’t have to take advantage of each one, but you’ll be amazed at how life-changing opportunities will appear at the times when you least expect them. At the very least, actively seeking out new opportunities will prevent you from feeling “trapped” in whatever situation you are in. Having an exit strategy is just smart living, because you know that if you want to leave, you will be fine.
Published on May 14, 2013
Forget what the “get rich quick” schemers tell you: becoming wealthy does not happen overnight. You need a solid plan and the willingness to...