It’s no secret, a large part in becoming wealthy are good habits. That is probably the most important part in becoming wealthy. Another important part is knowing what you want and being relentless in achieving it.
I found a great article that goes into a bit more detail, as always visit the full post at huffingtonpost.com.
The Highly Successful Take Control of Their Personal Finances
Does the mention of personal finance give you a migraine? I don’t blame you if it does. The personal finance conversation is one that many people ignore like the plague. Unfortunately, ignoring a nagging problem does not make the problem go away – it only makes the issue worse.
You were never taught how to manage your personal finances. Sure, mom told you to save, and dad said get a good job. Maybe a friend told you about investing in the stock market.
But the reality of your financial situation is that there is more month than check. And you make up the delta by using a credit card, which is charging you a hefty 15% interest rate.
Schedule weekly, one hour, money dates.
According to Thomas Stanley, author of The Millionaire Next Door, he explains that millionaires spend on average 8.4 hours a month managing their finances.
Commit 60 minutes a week to read about personal finance.
And don’t just read about personal finance, take the time to study it.
The more deep knowledge you have about finances, the better equipped you will be to manage your money. So pick a topic that interests you and go learn it.
Make it a homework assignment that is part of your weekly financial meeting. One book that I am re-reading is the Complete Guide to Money by Dave Ramsey. Another book that was recommended to me is I Will Teach You To be Rich by Ramit Sethi. While I have not read the book, yet, I hear it is a good read.
Hire a certified financial planner.
Managing your money is not difficult but you do want to seek the mentorship of a professional. In this case, you will want to find a certified financial planner – especially when you are first beginning your money management journey.
These professionals can help you understand your options and guide you through the financial landscape.
“You have to know what you want of your life before you become a master learner. – Brendon Burchard.”
The Highly Successful Define Their Priorities.
There are only two arguments you should be concerned about when working with priorities. The first argument is about living proactively. The second argument is about living reactively.
If you have chosen to live your life proactively, then you are designing the life you want to live. But if you have chosen to live your life by reacting to what happens to you, then others are designing your life.
So which life are you going to live?
Yes, life is unpredictable and there are only 168 hours in the week. And everyone but you are laying claim to your limited resource — time. So you spend the day taking care of everyone else’s urgent needs but not your own.
But that does not mean that you have to continue living a reactive life. The only way that you will begin to design a life that you want to live is by being proactive. And always looking at your life with the end in mind.
The Highly Successful Learn Faster.
It’s impossible to progress in life if you do not read. And when I say read – I am referring to learning with a purpose.
And what is learning with a purpose? I mean, take your book, pen, and paper, and start jotting down action items, backburner items (things to focus on later) and reference notes.
You say you want to learn how to speak Spanish or be a writer or be a photographer, but that is where it ends – at the Want To stage.
So in essence you are a bit of a phony when it comes to learning. Why – because you talk about learning something someday but that someday never happens.
Learning does not happen because there is no broader vision of why you want to learn. Your learning goals (or dreams) are unfocused, and that is the reason learning tends to not materialize.
So what is the solution? You need to know what you want to get out of your life and what skills will help you get to that life.
The reason knowing what you want out of life is important is because as humans we have lots of interests, lots of things we want to learn. And it becomes too much, so we are paralyzed into learning nothing.
Hope that help you guys out a lot, success is no secret, it’s just a different way at looking at things!
Question: What is one thing you are going to do to start becoming more successful? Share your answers below!