This document discusses 10 habits of wealthy and successful people according to the entertainment and news site Lifehack. These habits include: 1) Setting clear goals for success and achieving them, 2) Staying focused on goals and not being distracted, 3) Thinking about growing wealth constantly rather than just yearly, 4) Spending less than what you earn, 5) Working hard to achieve goals, 6) Continually learning new skills, 7) Surrounding yourself with other wealthy people, 8) Being persistent in the face of failure, 9) Taking calculated risks, and 10) Being generous with donations. Adopting these habits can help a person become rich, according to Lifehack.
2. It's almost the start of a new year and some
people have already started discussing what
their resolutions for 2014 are going to be.
Other than the usual weight-loss and travel
goals, how about taking a leaf out of the habits
of the world's super rich and successful people,
and try something different?
Entertainment and news site Lifehack has
compiled a list comprising of 10 habits of the
richest people in the world. According to
Lifehack, these habits can help you become rich
if you follow them.
4. 1. Reflect on the success you want
and set goals to achieve it. Lifehack
said people don't become rich by
accident. They set targets for
themselves, achieve them and even
surpass their goals.
8. Life Hack, using a laser beam to
illustrate its point, said that the laser
is able to cut through the strongest
mental because its energy are all
focused on one single point.
10. These days, we have relationships
with our family and friends,
distractions from work,
advertisements telling us what to
do, buy and wear. The rich and
successful are unfazed by them. For
the new year, make goals and don't
lose focus on them.
12. 3. Motivational speaker Brian Tracy
said rich people don't think what
they can monthly or annually, they
think about growing their fortune by
the hour.
14. The tycoons of the world have
respect for time, said Lifehack.
Follow their example and do not
waste it, and spend every waking
moment making the most out of it.
16. 4. An important habit to cultivate is
to spend less than what you earn,
said Lifehack. Businessman Warren
Buffett once said, "Do not save what
is left after spending, but spend
what is left after saving."
17.
18. A tip by Lifehack is not purchase
bigger homes and cars if your
income increases. If the expenses
keep going up, the person will
remain 'poor or average'.
20. 5. Another habit Lifehack observed
about rich people, is that they work
really hard to achieve their goals.
They put in a lot of effort and
perseverance to achieve their
dreams and always go one step
further than ordinary employees.
21.
22. 6. Want to be rich? Lifehack said you
can do so by enriching yourself.
Before you add value to your work
and clients, add value to yourself by
increase your knowledge. Make it a
habit to learn new skills and
information every day, suggested
Lifehack.
24. 7. Another useful habit to have, says
Lifehack, is to have 'rich company'.
According to the entertainment site,
Lifehack said 'rich people don't have
poor friends'.
26. They suggest associating with
wealthy people or those who have
potential to become a tycoon
someday. Above: Russian oil tycoon
Roman Abramovich with ex-football
star David Beckham.
28. 8. A habit, or rather, a trait, that
Lifehack suggests is to be persistent.
Don't give up on your goals, even if
you failed. Even if money was lost in
the process, take it as an experience
and learn from it.
30. Above: Writer JK Rowling was
rejected 12 times before her 'Harry
Potter' books were accepted by a
publisher. In an interview with
Oprah Winfrey, she said she kept
going after the rejections because
she believed the books will be a
huge success.
32. 9. To be rich, Lifehack said one must
not be afraid to take risks. However,
they also said one must know very
clearly what the decision will cost
and also, not to throw all your
money in at one shot.
34. 10. Lastly, the final habit that will
make you rich, said Lifehack, is to be
generous. Above: Microsoft cofounder Bill Gates has his own
foundation which he set up with his
wife, Melinda.
36. Many schools, hospitals and
charitable causes in society have
benefited greatly from donations.
Above: President Tan receiving a
cheque from Kelvin Yue, on behalf of
his late aunt Tan Sew Kee, to the
Duke-NUS Graduate Medical School.