Four Habits of Wealthy People (2024)

Four Habits of Wealthy People (1)

What would it mean to achieve your financial goals? Get out of debt? Secure your family's future?

The good news is that there are key habits of rich people that almost anyone can practice -- no matter how much you make!

#1: Invest in Relationships

Many of the world's richest people understand the value of mutually beneficial relationships.

  • Seek out mentors. What are your goals? Find someone who has already achieved something similar and learn from them. Author Thomas Corley, who has done extensive research on the daily habits of successful people, has found that 93% of rich people who had a mentor attributed their success to that person.

  • Networking and volunteering. About ¾ of wealthy people network and volunteer at least five hours a month. Seek out "rich relationships" with individuals who are willing and able to help you reach your goals.

  • Pay it forward. Rich people seek opportunities to help someone else become successful. It could be anything from mentoring a young person to helping employees advance their own careers. They are also very generous. Many of the wealthiest people in the world have donated huge chunks of their fortunes to charitable causes.

#2: Invest in Your Mind

One of the most important habits of the wealthy is a continuous quest for knowledge. Successful people know that education is a lifelong process that extends long after graduation.

  • Rich people are voracious readers. Corley found that 88% of wealthy people read at least 30 minutes a day. Here are some other reading habits of the wealthy:

  • 94% read about current events

  • 79% read educational career-related material

  • 63% listen to audiobooks on the way to work

  • 58% read biographies of successful people

  • 55% read for personal development

  • 51% read about history

  • Turn off the TV. Only 6% of rich people watch reality shows. As for television overall, about â…” of wealthy people watch less than an hour a day.

  • Log off. Wealthy people limit their recreational Internet use: 63% spend an hour or less online if it isn't work-related.

  • Sit and think. Most wealthy people spend about 15 to 30 minutes a day doing nothing but thinking! What do they think about? Ten core topics include careers, finances, family, friends, business relationships, health, goal-setting, problems, charity, and happiness.

#3: Invest in Life!

Finally, rich people understand the importance of taking care of your health and other daily habits for success.

  • Pay attention to nutrition and exercise. Corley found that 57% of rich people count calories. Furthermore, 76% do at least 30 minutes of aerobic exercise daily. This benefits the body and brain, which helps you do your best work and make smarter decisions.

  • Have passion and purpose. What, besides money, motivates you go to work each day? Who benefits from what you do? Listen to self-made millionaires like Christopher Paul Gardner: "...find something you love to do so much, you can't wait for the sun to rise to do it all over again."

  • Have goals and a to-do list. Wondering how to think like a millionaire? According to Corley's research, 70% of wealthy people pursue at least one major goal each year. More than 80% also create a daily to-do list.

  • Go above and beyond. It should come as no surprise that work habits play a major role in success. Corley asked survey respondents to agree or disagree with the following statement: "I do more than my job requires." A full 81% of rich people agreed, with 86% working 50 or more hours per week.

  • Get up early. Benjamin Franklin knew what he was talking about when he said "early to bed, early to rise makes a man healthy, wealthy, and wise." About 50% of rich people wake up at least three hours before the workday begins. The alarm clock is your friend!

We hope these daily success habits will help you on your journey towards a better future.

Have questions about the best savings and investment options for achieving your goals? Contact us at BluCurrent to get started today!

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Four Habits of Wealthy People (2024)
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