10 Things Wealthy People Do Every Day (2024)

Money / Wealth

7 min Read

By Jennifer Taylor

10 Things Wealthy People Do Every Day (1)

Money can’t buy everything, but some things can buy money — which the rich know all too well. In fact, most wealthy people have a set of habits and behaviors that they perform every day to stay focused, energized and motivated so they can continue to grow their fortunes.

So if you want to become rich like some of the most successful people in the world, copy their habits. Read on to learn what the wealthiest people do on a daily basis.

1. They Keep Their Cool

If you want to know how to become rich, start by learning to keep your emotions in check.

Certified financial planner and CPA Tom Corley, who interviewed 233 wealthy individuals and 128 poor individuals from March 2004 to March 2007 to write his book “Rich Habits,” believes maintaining one’s composure is what rich people do.

“When you allow your emotions to run high, you are literally turning off half of your brain,” Corley wrote on his Rich Habits blog in November 2016. “The prefrontal cortex shuts down when your emotions, good or bad, are allowed to run wild. This is a particularly bad thing when you experience defeat or setbacks because that is when you need your entire brain to help you to overcome defeat and setbacks.”

Make Your Money Work Better for You

2. They Set (and Stick) to Goals

Figuring out how to become wealthy involves creating a plan and sticking to it.

This advice comes from Idan Shpizear, who parlayed $3,000 into a $27 million business, 911 Restoration, which helps homeowners recover from water damage. He says that focusing on goals makes the difference between survival and success.

“A lot of people jump straight to business but don’t have a vision or strategy and goals,” he said. “If you go through this process every day, your life will change.”

If you’re typically someone who likes to fly by the seat of your pants, it’s time to ditch that habit and take heed from self-made millionaires like Shpizear.

3. They Maintain a Daily To-Do List

In his book “Rich Habits,” Corley stumbled upon another finding: making daily to-do lists is one of the key habits of the wealthy. In fact, his research showed that 81 percent of the wealthy maintain a to-do list versus 19 percent of poor people.

“Successful people are goal-oriented,” Corley wrote. “They create goals all the time. Daily goals are represented in their daily to-do lists.”

If you want to start doing things rich people do, “compile a daily goal/to-do list. List only those things that have a realistic probability — 80 percent chance — of being completed that day,” he advised. “Prioritize this list and set a specific time in which to tackled them.”

When the day is over, “evaluate the to-do list,” wrote Corley. “This forces accountability.”

Make Your Money Work Better for You

4. They Don’t Watch TV

Most wealthy people don’t watch a lot of TV, according to Corley’s findings, which he revealed on his Rich Habits website.

According to him, 67 percent of wealthy people watch less than one hour of television per day versus the 77 percent of poor people who spend more than one hour in front of the TV daily. His findings have also revealed that only 9 percent of the wealthy watch reality shows, compared with 78 percent of poor people.

Clearly, if you want to be able to answer the question “How does it feel to be rich?” you need to limit your daily television time and be cognizant of the shows on your watch list.

5. They Network

Networking is one of the top millionaire secrets to success. On his Rich Habits blog, Corley revealed 79 percent of wealthy individuals network at least five hours per month, compared with only 16 percent of poor people.

To expand your professional network, tap into your existing network first. For example, reach out to your old college classmates or professors, connect with colleagues at your current job, and even ask your friends and family members if they can introduce you to people who might serve as valuable contacts.

Since most wealthy people network regularly, this step is crucial. If you connect with the right people, you’ll be able to learn how rich people think.

6. They Educate Themselves

Knowing how to become a millionaire isn’t innate, even for most wealthy people. Self-made millionaires learn how to get rich from nothing by constantly stimulating their mind.

Whether they’re listening to podcasts, reading business books or watching TED Talks, rich people have a hunger for knowledge, according to Corley. His research showed that 63 percent of wealthy people listen to audio books during their commute to work versus 5 percent of poor people.

If you’re ready to join the ranks of the rich, make learning a priority in your free time. You can find a selection of free audio books on sites such as ThoughtAudio and OpenCulture. Better yet, listen to one of the best investing books for beginners.

Make Your Money Work Better for You

7. They Invest

Investing might sound like a no-brainer. Stocks and bonds are among the things rich people buy because they understand the importance of getting a return on their investments.

The 2017 U.S. Trust Insights on Wealth and Worth survey revealed the average asset allocation of respondents was 52 percent stocks, 21 percent bonds, 20 percent cash, 3 percent hedge funds and 4 percent other.

At this point, your portfolio probably won’t mimic that of the richest man in the world, but making some extra room in your budget to invest today can make a big difference in your net worth tomorrow.

8. They Block Their Time

New York Times best-selling author Brendon Burchard — who’s been photographed next to uber-successful people like Arianna Huffington, Bill Gates, Richard Branson and Tony Robbins — is an advocate of blocking out time for yourself.

“Create scheduled blocks of time where you do only one thing,” he wrote on his website. “Use that block of time to move your life forward, to create art, to strategize, to work diligently on one important activity. If you don’t have blocks of time already set up in today’s calendar to do things that matter, you’re already losing ground.”

This is one of the things rich people do, so apply it to your own life to improve your focus.

Read This: 16 Money Rules Millionaires Swear By

9. They Know When to Call It a Day

In an article for Inc.com, entrepreneur and author Murray Newlands wrote that one of the seven rich habits of successful people is knowing when to stop working.

“Oftentimes, as a self-employed business owner, I’ll fall into that habitual trap of working long into the evening, thinking that I’ll get more work accomplished. And the irony of it is that I seldom do,” he wrote. “Stop working at 5:00 or 6:00 p.m., and do not do anything work-related — which includes checking your phone or emails — until the next day.”

Recharging the mind and body is one of the habits of the wealthy, but it doesn’t need to be expensive — so give yourself a break.

Make Your Money Work Better for You

10. They Stick to a Healthy Diet

When wondering “What do rich people eat?” you might assume they consume mostly steak and expensive red wine, but that isn’t necessarily the case.

Eating healthy is a habit of many self-made millionaires, including Tony Robbins. The entrepreneur, best-selling author, philanthropist and business strategist has been vocal about his diet, which is devoid of caffeine, alcohol, nicotine and recreational drugs, according to Business Insider.

In October 2017, Business Insider spoke with Robbins’ personal trainer Billy Beck III about the diet Beck created for his client. Beck revealed Robbins eats free-range eggs and coconut bread for breakfast, a large green salad with avocado for lunch and clean, organic protein with potatoes and vegetables for dinner.

10 Things Wealthy People Do Every Day (2024)

FAQs

What is the daily routine of a rich person? ›

The billionaire morning routine list typically includes waking up early, exercising, meditation, reading, and goal-setting. These habits have been found to increase productivity, enhance focus, and promote a positive mindset, leading to better decision-making and success.

What does a millionaire do every day? ›

They take care of their health

One thing most millionaires do is take great care of their health, especially when it comes to finding time to exercise. According to the "Rich Habits" study by Tom Corley, author of "Change Your Habits, Change Your Life", 76% of the wealthy exercise for at least 30 minutes a day.

What do most wealthy people do? ›

Many are founders of technology giants, with much of their wealth still invested in the companies they started. With so much of their wealth in publicly traded stocks, the net worth of the richest fluctuates along with the market valuations of the companies they own.

What do billionaires do all day? ›

Most billionaires lead very business days with full schedules meeting with executives, investors, charities, and interviews. They wake up early in the morning and get started before most other people.

What are the 4 habits of millionaires? ›

I have many wealthy financial planning clients, and they all share four habits. They keep a long-term view of their finances, and they don't worry about market fluctuations. They also make a plan and stick to it, and invest automatically in good times and bad.

What are the three things millionaires do not do? ›

Millionaires prioritize avoiding consumer debt, making wise financial decisions, and aligning spending with long-term goals.

What do 90% of millionaires do? ›

90% of millionaires made their money in Real Estate. I became a millionaire without owning a single property. But I own 6 small businesses that make me $725k/year. Here's why I prefer buying businesses over Real Estate: -- 1) Cash Flow The average rental property in the U.S. cash flows ~$300-$500 (some even less).

What is the most common job of a millionaire? ›

By those standards, the five jobs with the most millionaires are engineer, accountant, teacher, people in management, and lawyer. Doctor is sixth. They make a lot of money, but also spend a lot. The poll found doctors aren't great in general at managing their money.

Where do rich people keep their cash? ›

Where do millionaires keep their money? High-net-worth individuals put money into different classifications of financial and real assets, including stocks, mutual funds, retirement accounts and real estate.

What do rich guys do for a living? ›

They Have Multiple Sources of Income

Wealthy people know that having multiple sources of income is key to becoming successful. They don't rely on one job or one business to make all of their money. Instead, they have multiple streams of income, whether it's investments, real estate, or starting a side business.

How do rich people behave? ›

The Wealth Elite

My study also found that the rich are less agreeable and less neurotic, but more conscientious, more open to experience, and more extraverted. Beyond that, however, other key findings emerged in the interviews: The super-rich are overwhelmingly nonconformists who love to swim against the tide.

How many hours of TV do rich people watch? ›

Millionaires spend 16 minutes less time watching TV per day than the general population and 16 minutes less time relaxing or doing nothing. Because passive leisure was a negative predictor of happiness, spending less time watching TV and relaxing was the second pillar of happiness for millionaires.

What is a silent millionaire? ›

The people who have all the money often go by unnoticed, dressing well, but without flash, driving used cars and living in the first house they bought in a modest neighbourhood. The authors called them the quiet millionaires.

Do billionaires do chores? ›

That's at least according to the results of a recent survey by Forbes. The poll of 65 of the richest people on Earth found that, while they could easily outsource, many billionaires still choose to do at least some household chores and other domestic tasks themselves.

How rich people spend their day? ›

The key here is exclusivity and remoteness. Private islands, superyachts, safaris, super-cush condos, submarines, sailboats, and private jets allow the ultra-rich to not only get away, but get away in style. Where do they travel? Just about everywhere.

How do billionaires plan their day? ›

I only use priorities for my today tasks. I don't add email or any random task on my list. I do that in order to make sure I'm only doing the more crucial tasks. Right now I work on my highest priority first thing in the morning.

Do successful people have a daily routine? ›

Successful people get up early

This way, they don't have to head straight to work, but have time to shower, eat breakfast, meditate, work out, and prepare for their daily workload.

What is a rich lifestyle? ›

It's about personal growth, nurturing relationships, staying healthy, and making an impact. Getting rich and living a rich life means making your money work for you in a way that aligns with your passions and goals.

Top Articles
When Wealth Makes You Unhappy: How Much Is Too Much?
Post Office FD Rates
Data reveals most expensive dog breeds in U.S. for 2024 
Pikes Suwanee
Fbsm St Louis
World War II: Summary, Combatants & Facts | HISTORY
Christine Paduch Howell Nj
Pjstar Obits Legacy
Cadenheads Girvan 33yo & Cadenheads Ardmore 11yo
Indianapolis Star Obituary
Craigslist Pet Phoenix
Argus911
Welcome To Aces Charting
Ilcc Number Lookup
Die eID-Karte für Bürgerinnen und Bürger der EU und des EWR
Michelle_Barbelle
Snohomish Hairmasters
Shadow Under The Mountain Skyrim
Oviedo Anonib
Craigs List Rochester
Southern Food Buffet Near Me
Netherlands Toys, Games & Hobbies | ExpatINFO Holland
Eos Fitness Irvine
Battle for Azeroth Preview: Drustvar Visitor’s Guide - WoW
Sevierville, Tennessee: Idyllisches Reiseziel in den Great Smoky Mountains
Will Certifier Crossword Clue
Pge Outage Map Beaverton
Reahub 1 Twitter
Berklee College Of Music Academic Calendar
Forza Horizon 5: 8 Best Cars For Rally Racing
Dynasty League Forum
Volkswagen For Sale Craigslist
Panty Note 33
Brake Masters 228
Craigslist Pets Seattle Tacoma Washington
Mathsspot.com Unblocked Roblox Online Unblocked
Craigslist Ct Apartments For Rent
Restaurants Near 275 Tremont St Boston
R/Sandiego
Shop e.chi, Energie Welle, Energie Sohle, E-Smog Kissen, Hologramm
Sparkle Nails Phillipsburg
Lily Starfire White Christmas
Tj Nails Victoria Tx
Sarah Colman-Livengood Park Raytown Photos
Huntington Bank Review 2024 | Bankrate
Sierra At Tahoe Season Pass Costco
Norwegian Luna | Cruise Ship
Gun Show Deridder La
24 Hour Arrest List Knox County
Nuefliks.com
What Is Opm1 Treas 310 Deposit
Latest Posts
Article information

Author: Nicola Considine CPA

Last Updated:

Views: 6382

Rating: 4.9 / 5 (49 voted)

Reviews: 80% of readers found this page helpful

Author information

Name: Nicola Considine CPA

Birthday: 1993-02-26

Address: 3809 Clinton Inlet, East Aleisha, UT 46318-2392

Phone: +2681424145499

Job: Government Technician

Hobby: Calligraphy, Lego building, Worldbuilding, Shooting, Bird watching, Shopping, Cooking

Introduction: My name is Nicola Considine CPA, I am a determined, witty, powerful, brainy, open, smiling, proud person who loves writing and wants to share my knowledge and understanding with you.