The document discusses strategies for building and mastering personal wealth through smart habits and disciplined financial planning. Key recommendations include setting specific goals, surrounding oneself with successful individuals, and practicing positive behaviors that enhance value creation. It emphasizes the importance of transparency, consistent planning, and reviewing financial health regularly to achieve desired lifestyles.

1. S T R A T E G I E S
Our business is growing yours
Expanding Your Personal Wealth
19. Don’t confuse net worth with self-worth.
20. Define what you appreciate and value in life.
21. Set goals.
22. Surround yourself with successful people.
23. Ditch the small daily purchases (e.g., morning latte).
24. Review your goals regularly.
25. Spend time and money on what matters most to you.
Focus your time and energy into creating value – not
on the effect but on the cause. If you start a business,
share your passions, talents and knowledge. Focus on
what you can give (how to increase value that you give
others) not on what you can get. Have a positive impact
on society. Be optimistic and stop making excuses.
We have heard many times to not take things personally.
You need to give yourself permission to be successful and
feel that you deserve it. Do not sabotage your success. A very
important trait of successful wealth is over-delivering on a
consistent basis. If you overpromise and under deliver, you
will lose trust from others. Transparency and communication
are also traits of highly successful people.
Make sure your planning is consistent, sustainable and
flexible. Important wealth questions to ponder are:
■ ■ How much do I need to retire?
■ ■ Will my money last?
■ ■ Am I on track?
■ ■ How will I fund my retirement?
■ ■ Will I ever really retire?
Mastering your wealth will help obtain the lifestyle you
want for you and your family at various stages. However,
discipline and healthy habits are required to build,
implement and maintain the plan that will lead you to that
desired lifestyle.
BY NAOMI GANOE
H
ealth has been defined as measuring the value
of your assets of worth. Perceptions of what
constitutes wealth can and will change over time.
To master your wealth, you need to establish smart habits.
Habits have been linked to the cause of wealth, poverty,
happiness, sadness, stress, good relationships, bad
relationships, good health and bad health. It is suggested
if you change your habits you will change your life and
ultimately your wealth.
What habits you should practice depends on your
goals, ability to change and dedication. Small changes
that are practiced regularly will lead to results. Even tiny
actions implemented repeatedly will make a difference.
25 habits of financially successful people are, in no
particular order:
1. Make a plan; have a proven strategy in mind.
2. Get to work early and stay late.
3. Do more than is expected at work.
4. Automate your finances.
5. Take risks.
6. Learn from your mistakes.
7. Try something new.
8. Prioritize your actions.
9. Come up with specific money goals.
10. Contribute to your retirement.
11. Be patient.
12. Understand your tax situation.
13. Be disciplined.
14. Identify mentors to advise you.
15. Invest your spare change regularly and save
unexpected cash.
16. Transfer to savings regularly.
17. Have a separate emergency fund in place.
18. Track your spending.
©Copyright2018.CBIZ,Inc.NYSEListed:CBZ.Allrightsreserved.
Article reprinted from Summer 2018
Master Your Personal Wealth with Smart Habits
NAOMI GANOE
CBIZ, Inc. • Akron, OH
nganoe@cbiz.com • 330.670.7284