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6 Short But Effective Habits To Become Rich
3 min readMay 14, 2021
- Learn about Money — Most of the ways to become rich involve you learning how to use money, not necessarily how to make it. Very few, select rich people still got this way through their normal jobs. Most did it through investing their money to work for them.
- Read a book on Money once a Month at least.
- Watch YouTube videos and/or listen to Podcasts as often as you can produced by those with money.
- Grab a variety of resources and find the commonalities in the stories you get. - Tracking your Money — Very few people nowadays know exactly where their money goes. They have a rough idea, yes, but not an exact one. How much money are you actually spending and where? How much would you still need to be financially independent? How much money is your money producing now?
- Keep a Spreadsheet of Expenses and Incomes. Update it weekly.
- Find trends in your Spending and see if those are justifiable. Some things are worth spending money on, others are not. - Spend your Money only on things to Improve — Many people spend money on things rather than improvements. A new TV, a new Series, that Netflix subscription, or a fancier alarm clock. All of these are not necessary and won’t help you to grow richer.
- Spend money on Books, Coaches, Courses, Seminars and anything you can that helps improve you or your career.
- Otherwise spend it on experiences if you…
