- Learn From Your Mistakes - Don't dwell on the mistake, focus on the lesson. Many of the wealthiest Americans on this year's Forbes 400 list endured some tough obstacles in their careers, but they learned from those experiences to keep them on the right track later on.
- Look For Value - People who have money to spend don't skip the process of comparing prices and seeking out deals just because they can technically afford to pay for the most expensive item. They look for value.
- Find Your Niche - Think you'll hit the jackpot by doing something everyone else can do? Not likely. Most people who earn big bucks have found a niche that increases their demand and therefore, their paychecks. Not sure what your niche is just yet? That's OK, for now, work on becoming indispensable at your job.
- Be in Control of Your Money - If you're not paying attention to where your money is going, then you're not in total control of your money. People who accomplish their goals get there by understanding how their spending habits, debt, and assets play into the big financial picture. Educate yourself on money matters and be accountable for your personal finances.
- Avoid Frivolous Fees - People don't build their nest eggs by letting pointless fees slide. Familiarize yourself with the policies of anyone with the ability to charge extra — banks, credit card companies, your cell phone provider, you name it. Those fees add up to money in your pocket.
- Believe in Yourself - Of the wealthiest Americans on this year's Forbes 400 list, 274 of them are self-made. Luck may have played a small role here and there, but in most cases it was about taking calculated risks and standing behind ideas, even when others are critical.
Hi! I'm Coach Amirul. Welcome to my scribe. This is where I share my passion with people so that it can inspire and empower others. My passion includes health, personal wellness, online business, passive income, motivation and inspiration. Plus I love comics and soccer!
Thursday, October 22, 2009
6 must-have millionaire habits
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