Specific characteristics are possessed by financially successful, and unsuccessful people do not possess those traits. We can see many people earning high pay-cheques in our daily lives but will always be short of money, and people with average salaries will have enough money on hand. The reasons and patterns for the same are given below:
1. Time use efficiency: Successful people set priorities and focus on them by limiting the screen time (Mobile, movies, social media, TV) compared to unsuccessful people and spend time exercising, reading, or learning new things.
2. Effective use of resources: They spend all their resources very wisely without wasting
3. Be surrounded by positive people: They spend most of their time with people with a can-do attitude and do not listen to what cannot be done.
4. Possess a sense of direction: They act with a purpose, work smart, save and invest money wisely for their long term financial dreams and goals.
5. Don’t give up on failures: They use their mistakes and failures as stepping stones to success and never give up. They keep trying by spending a lot of time and put effort to achieve their goals.
6. Do difficult things: They work harder, longer, and smarter than others. They plan for the future and sacrifice small comforts of present for big rewards later.
7. They focus on larger wins: by paying attention, go into the details, make smart investments. They don’t compromise for basic needs like food, clothing, and housing.
8. Make their luck: They keep their eyes and ears open and are always observe and aware of what's happening around them, recognize the opportunities immediately and act on them before others can act.
9. Think that their future is their responsibility: At any given situation, it may be difficult or easy, maybe not in control, they respond to it with control, don’t overreact, and take them pro-actively and productively.
10. Ignore others’ opinions: They avoid herd mentality; they are not trend followers, but they are trendsetters.
11. Grow and change over time: They continuously acquiring knowledge and learn from their experiences to adapt and acclimatize to any given situation. They are open to accept, acknowledge, appreciate, and evolve different viewpoints.
Treat their life as a business: The successful people with money and life take what they do very seriously and sincerely and behave like CEO or CFO of a business with the goal of “growing their wealth” over time. Growing their wealth is their real business. Everything else is secondary, supplementary, and supportive, and they nurture it very carefully.
By Team Wealth ATM
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