We all want to get rich but not all of us know how to achieve that. That is why despite having a good job a lot of us are not satisfied with the amount of money in our bank accounts. As it is said that if you want to attract something in your life you have to act as if you already have that. So, if you want to make more money you have got to start thinking like rich people and making changes in your lifestyle that would actually lead you up to there. It might seem impossible right now but actually, it is a simple process – try to earn more, spend less and save more. But how can one exactly achieve that? Here are 8 Lifestyle changes that you can make if you want to become rich in 2019.
- Living by the Book
You might have observed the fact that a majority of successful entrepreneurs are self-learners. Many of them do not even hold a formal degree. Then how did they become rich? Well, all of them have built a habit of reading books and applying them in real life. So, if you want to get rich start devoting your time in reading books on personal finance, investments or a successful person’s biography to find some inspiration. You have to develop a mindset of learning beyond what classrooms are teaching you. This means you have to dive deep into the teachings of the books, understand their true meaning and apply it for your benefit. To start with consider reading ‘How Rich People Think’ by Steve Siebold or ‘The Financial Diet’ by Chelsea Fagan.
- Adopting a Modest Lifestyle
It is not only about setting your mind to get rich. It is important to transform your habits if you want to save money or earn something extra. Hence, take a look at your spending habits. You can start with a ‘no spend month’ to save the money that you use to buy unnecessary stuff. Make it a rule to buy only the essential items for a month and see how much you can save. Another way to incorporate a modest lifestyle is to set ‘personal policies’ that will not allow you to spend extra money. For instance, you can make it a personal policy that you would go out for dinners only at the weekends and would prepare food for yourself otherwise.
- Reset your Spending Habits
If you think it is difficult for you to cut out the expenses try changing the way you buy things. Research shows that people who generally use cash to buy things are likely to spend it wisely. For instance, you can withdraw only the amount of money from the ATM that you think would be necessary for groceries. Once that money is spent, your shopping is done and you cannot buy anything else. To make it more of a mindful process, ask yourself three things before you buy another item for your home – if you have something like that already, where will you keep it and do you actually need it or you can work without that.
- Visualize your Goals
We all know that money won’t surprisingly appear in our bank accounts. We need to have a plan of how we are going to make more money. Having a clear vision about your goals can help you achieve them in reality. If you have already read the book ‘The Secret’ by Rhonda Byrne you might be aware of the power of visualization, positive thinking and belief system. If you believe that you are going to make a lot of money and you visualize yourself attaining wealth; maybe by writing a journal or by using affirmative quotes, it likely that you'll be able to achieve your goals and hence become rich.
- Enhance your Skills
We have already discussed improving yourself a by reading books and implementing their strategies. However, embracing your skills or learning some new ones is also a part of the self-improvement process. If you want a better job, start a new business or increase the competencies you have to keep learning. This is a common trait that all the rich people share. They always spend some time improving themselves regularly. As you engage in a new activity or do a task that is out of your comfort zone, you are growing as an individual, expanding your limits and hence allowing more opportunities to knock at your door. So, if you want to get rich make it a habit to devote 20 minutes of your day on improving your skills.
- Associate yourself with Open-Minded People
You know that your mindset plays a major role in your success. And, how you think mainly depends upon with whom you spend most of your time with. If you are living with people who are pessimistic, narrow-minded or insecure you are likely to catch their traits. On the other hand, if you are spending time with people who have an open mindset, people who are optimistic, motivated and have a vision, you are likely to reciprocate their habits. So, if you want to be a winner associate yourself with the winners. Learn from them, understand their thinking and try to find opportunities to grow as a person.
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- Do another Job
Do you have a side hustle? Well, rich people do not depend just on one job. They are always looking for ways to earn some extra money. For instance, you may turn any of your hobbies into the side hustle, for example, art, photography, music or writing dissertations just like the author. Working in a different field gives you an opportunity to expand your skill set as well as your network. Moreover, this is the era of passive income that is, earning money while you sleep. You might have seen many rich people investing in one or more passive income sources. That could be the simple YouTube channel, making partnerships with another business or affiliate marketing.
- Automate your Money Transfers
An easy way to get rich is to save more and to make the process of saving money easier for you try the trick of automating your fund transfers. For instance, you can automatically transfer some amount of money from your income into another account as soon as you receive it. The simple tactic will help you in saving a lot of money with time. The idea was actually proposed by David Bach in his book ‘The Automatic Millionaire’ when he suggested that people should try to save an hour of a day of their income if they want to save big. All they have to do is automate their accounts.
Last, but not least, if you really want to achieve financial prosperity you must break your old perception of wealth. Many of us think that it is difficult to earn a lot of money or they just cannot earn a big paycheck. However, it is just their belief. If you think that money comes to you easily and you are working for your goals, you are going to become successful. Adopting new habits could be challenging. You might fail in the beginning but if you have a clear vision and are taking inspired actions no one can stop you!
About the Author:
Jijo is a marketing strategist for Assignment Help company based in the Australia. He is also a guest contributor on top websites like Valuewalk, SEOHacker and Inman. When not absorbed in the latest gripping page-turner, Jijo loves cooking, knits very badly, enjoys riding his bike around town, and otherwise spends far too much time at GoDissertationhelp.