10 Daily Habits That Will Change Your Life - Here's How…

Loading...
Loading...

Tom Corley is a best-selling author and international speaker.

He studied multi-millionaires for 5 straight years…

Then wrote an award-winning book discussing what he found.

Here are 10 habits that made millionaires rich:

1) They built multiple streams of income

76% were self-made and had an average net worth of over $4M.

The average millionaire has 7 streams of income.

  • Salary

  • Royalties

  • Dividends

  • Side Hustles

  • Capital Gains

  • Rental Income

  • Interest Income

Income is speed and the more sources you have the faster you hit your financial goals.

2) They read books (a lot of them)

88% of millionaires read every day to learn more about their job and industry.

85% read 2 books per month.

Here are their top 3 genres:

  • History

  • Self-Help

  • Bios of the successful

3) They seek advice & feedback

Millionaires are always trying to be the best version of themselves.

You do this by listening to feedback on what works and what doesn’t.

This provides them with the information they need to succeed.

4) They donate

72% of millionaires donate their time 5 hours a month.

If you can’t volunteer your time, you can also donate:

  • Food

  • Money

  • Clothes

  • Be emotionally available

Little things count.

5) They take care of their health

76% of millionaires exercise at least 30 minutes a day 4 days a week.

Their favorite exercises were:

  • Biking

  • Walking

  • Running

93% of millionaires also slept at least 7 hours a night.

6) They're goal-oriented

92% of millionaires set goals.

This enables them to work towards their dreams (instead of only building someone else’s) and avoid distractions from their long-term plan.

You can do this by writing down 3 goals and revisiting them every 3 months.

7) They're optimists

Millionaires rely on their network and relationships to find opportunities and help each other succeed.

This isn’t possible for cynics.

Studies show those who are most cynical make the least amount of money.

This isn’t a coincidence.

8) They Save

49% of self-made millionaires saved 20% or more of their income.

They’re able to do this because they don’t keep up with the Joneses.

They have nothing to prove, so they spend less than they make and buy assets with the difference.

9) They choose their friends wisely

Millionaires hang out with like-minded people.

People who are driven to:

  • Succeed

  • Give back

  • Help each other

You can’t get ahead when your circle of friends holds you back.

10) They love what they do

86% of millionaires enjoy what they do for a living.

60% of millionaires pursue passion projects and dream jobs.

Of those who turned their passions into businesses, their average net worth was over $7M.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EntrepreneurshipPersonal FinanceGeneralcontributorsExpert IdeasTom Corley
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...