Daily Habits of Wealthy People

by James on August 24, 2013 · 4 comments

Hello People,

Yahoo has been coming out with some great content lately.  The latest is a quick video by Farnoosh Torabi. In it she details some of the habits of people making more than $150,000 annually with $3.2 million in investable assets. The video is below:

If you don’t have time to check it out, basically wealthy people do the following:

1. Get up early and utilize their time for self improvement
2. Keep to-do lists at work and generally take care of most of the things on their list
3. Keep lunches short and focus on deal making or networking
4. Set short and long term goals
5. Count calories & stay healthy so they can work longer and harder
6. Spend free time socializing or networking
7. Don’t gossip.

James



{ 4 comments… read them below or add one }

1 Canadian Budget Binder August 25, 2013 at 9:01 am

Thanks for sharing the video. I agree with what they say about the wealthy as well. What was interesting was the gossip at work. If you want to be successful at work and you have an agenda you don’t have time to piss about and gossip. Gossip is for people who aren’t happy at work and need to find a job that keeps their minds going. I also believe that eating less, eating right and keeping fit are essential. I also get up early or do what I need to in the morning when I can as I have an odd schedule but my time is not spent in front of the tube it’s spent motivating and educating myself and others. I may never be wealthy but inside I know I’m doing what’s best for me. Cheers mate

2 Stuart@DailyMoneyBucket August 26, 2013 at 7:59 am

Thank for sharing the video. Research has shown that 40% of our time is spent following habitual patterns of action.

So it makes sense to install the habits which will make the greatest positive difference to your life.

3 James August 26, 2013 at 10:34 pm

Stuart – great comment. I think people who are really wealthy, at least first generation wealthy, probably also have a great deal of drive as well. A lot of these characteristics I think are correlated with being rich, they aren’t necessarily a causal factor – although they do help.

4 James August 26, 2013 at 10:40 pm

CBB,

Good call – people who gossip tend to be looked on poorly by others. I try to avoid it myself.

Best,

James

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