These 7 Habits Will Help You Become Rich
These 7 Habits Will Help You Become Rich
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Humans are creatures of habit, and a lot of us creatures are in debt.
What habits got us there? How did we fall into a life of anxiety over credit card bills, paying off loans and avoiding calls from debt collectors?
It was largely a matter of habit. Thanks to research by Thomas C. Corley, we know what those habits are.
Corley is a financial planner and author who spent five years studying millionaires. He wasn’t out to discover the investment strategies they shared. He wanted to find out general stuff, like how they lived, what TV shows they watched, what they ate. Those habits can be as crucial to building wealth as investing in the right stocks.
Corley interviewed 233 people who make at least $160,000 a year in gross income and have $3.2 million in net assets. The majority of them, 177 in all, were self-made millionaires.
Those creatures obviously have the right habits to acquire wealth, but what about the other side of that coin? Do low-income people share lifestyle habits?
Corley interviewed 128 Americans who make $35,000 or less in gross annual income and have $5,000 or less in liquid assets.
The research showed wealthy people indeed have what Corley calls “rich habits.”
Among them are they don’t watch more than one hour of TV daily, they count calories and – at the risk of sounding like your mother – they floss their teeth.
You might not see the connection between good oral hygiene and a healthy bank account, but flossing takes discipline. If you don’t have that, it’s easy to fall into what Corley calls “poverty habits.”
If you want to get rich, here are seven “poverty habits” that handcuff people to a life of low income:
1. Plan and set goals.
2. Don’t overspend.
3. Create multiple streams of incomes.
4. Read and educate yourself.
5. Avoid toxic relationships.
6. Don’t engage in negative self-talk.
7. Live a healthy lifestyle.
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Top 5 Side Hustles To Make Extra Money in 2022 & 2023
Top 5 Side Hustles To Make Extra Money in 2022 & 2023
The Top 24 Side Hustles To Make Extra Money in 2022
by Evan Ferguson https://www.shopify.com/blog/side-hustle
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1. Participate in paid online surveys
There are countless companies and market researchers that want to know what people think of their products and services. Websites like Branded Surveys, Swagbucks, and Survey Junkie have a ton of surveys you can get paid to take. Filling out surveys probably won’t pay your bills, but it can pad your pocket with extra money for the weekend.
2. Get paid to test apps and websites
Nothing will halt business faster than a website riddled with issues or an app that doesn’t work. So developers get testers to go in and push all the links and play with all the buttons to make sure things work before they go live. Guess what? You can get paid for that.
Matchmaking sites like UserTesting, UTest, Userlytics, UserCrowd, and Enroll can connect you with a ton of website- and app-testing gigs. Some competitive gigs even offer $100 for a 60-minute test, so there is money to be made here.
3. Transcribe videos, phone calls, and other recordings
A transcriptionist receives audio files from their clients and types out what they hear. These files may be videos, audio notes, phone calls, or even legal proceedings, so a good ear and quick fingers are crucial. Check out freelancer sites like Rev, TranscribeMe, and GoTranscript for paid transcription opportunities.
4. Become a rideshare driver
These days there are several options for those wanting to drive for a rideshare company. You can always drive for tried and tested companies like Uber or Lyft, but there are also independent options that cater to specific needs or cities, like ZIRO, which is largely based in San Francisco, or Wingz, which specializes in shuttling people to and from the airport.
5. Deliver groceries
If you enjoy driving but don’t always enjoy having strangers in your car, you can sign up to drive for grocery delivery apps. Check out Instacart or Spark Driver (Walmart’s delivery app) for grocery delivery side-gigs.
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How To Budget Money On Low Income
How To Budget Money On Low Income
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This channel will be your one stop shop for all the free financial game I can give out for free. All the time and effort I have put into tracking down this information so I can share with the world.
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The 5 Best Credit Cards for Beginners in 2022 and 2023
https://vidiq.com/MrBusiness4Real The 5 Best Credit Cards for Beginners in 2022 and 2023
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This channel will be your one stop shop for all the free financial game I can give out for free. All the time and effort I have put into tracking down this information so I can share with the world.
no masterclasses here just lots of word vomit.
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Understanding Your Fico Credit Score: The Basics Part 2
Understanding Your Fico Credit Score: The Basics Part 2
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This channel will be your one stop shop for all the free financial game I can give out for free. All the time and effort I have put into tracking down this information so I can share with the world.
no masterclasses here just lots of word vomit.
if you find value don't forget to like, share and subscribe for more juicy tidbits.
Investment Links:
Business Credit Builder: https://bit.ly/3CXqs70
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Understanding Your Fico Credit Score: The Basics
Understanding Your Fico Credit Score: The Basics
This channel will be your one stop shop for all the free financial game I can give out for free. All the time and effort I have put into tracking down this information so I can share with the world.
no masterclasses here just lots of word vomit.
if you find value don't forget to like, share and subscribe for more juicy tidbits.
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Understanding Your Fico Credit Score: The Basics
Understanding Your Fico Credit Score: The Basics
This channel will be your one stop shop for all the free financial game I can give out for free. All the time and effort I have put into tracking down this information so I can share with the world.
no masterclasses here just lots of word vomit.
if you find value don't forget to like, share and subscribe for more juicy tidbits.
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