Successful millionaires stay wealthy because they have habits that keep them on track! We put together a list of successful habits of self made millionaires that will help you achieve your goals and have a successful life.
If you want to be successful and want to adopt new habits for a successful life, keep reading!
Being and staying successful can happen by mixing habits, routines, and willingness. Indeed, you will not remain or become a millionaire if you are not willing to make sacrifices! If you want to be a millionaire or successful in life, you will need to set your priorities straight.
Let’s go over these genius and successful habits of self made millionaires that could help you improve your life!
Table of Content
- 1. SELF MADE MILLIONAIRES PAY THEMSELVES BEFORE PAYING OTHERS
- 2. SELF MADE MILLIONAIRES PLAN FOR THE WORST #EMERGENCYFUNDS!!
- 3. SELF MADE MILLIONAIRES LEARN FROM THEIR MISTAKES AND OTHER PEOPLE’S MISTAKES AS WELL!
- 4. MILLIONAIRE WAKE UP FREAKING EARLY!
- 5. SELF MADE MILLIONAIRES MAKE MONEY WHILE THEY SLEEP!
- 6. SUCCESSFUL SELF MADE MILLIONAIRES HAVE A MENTOR
- 7. SELF MADE MILLIONAIRES HANGOUT WITH OTHER SUCCESSFUL PEOPLE!
- 8. SELF MADE MILLIONAIRES DON’T SPEND ALL OF THEIR FREE TIME WATCHING TV
- 9. MILLIONAIRE LIKE TO READ!
- 10. SELF MADE MILLIONAIRES EXERCISE
1. SELF MADE MILLIONAIRES PAY THEMSELVES BEFORE PAYING OTHERS
It is one of the best habits you can adopt for yourself. You are doing yourself a big favor if you always take a portion of the money you receive and invest it in something that will help you reach your goal.
If you save $400 every time you get paid for 10 years, what happens? You will have $48,000 in 10 years. Just imagine what great things you could do in 10 years with $48,000! Basically, if you spend $400 on shoes and purses every month, you pay other companies, and you lose $48,000 in 10 years. Just know that this could be a down payment for a house or the money you can spend on marketing your business.
Just imagine how much you would have if you saved $10 a week since you were 16! If you are 30 then you would have saved $6720. When you are 30 you know how amazing it is to have an extra $6720 and to invest it in something that could make it double!
Investing in yourself first, if a great habit that you should adopt today!
BONUS TIP: When you start making a lot more money, don’t spend any of it for a few weeks. Instead, reflect on what you’ve done all these years to be where you are in life, and you will appreciate that money more. You will respect it more, and you will spend it on things you won’t regret buying.
Don’t get us wrong, when you make money, you should buy stuff that makes you happy, but remember ALWAYS PUT FORWARD SMART CHOICES first.
Invest in you before investing your money in a luxury store or other companies that will never help you reach your goals.
Basically, make yourself richer before making others richer!
2. SELF MADE MILLIONAIRES PLAN FOR THE WORST #EMERGENCYFUNDS!!
A great habit that self made millionaires have is to save money to have EMERGENCY FUNDS! Life is not perfect, and anything can happen. Prepare yourself just in case. This way, if anything negative happens moneywise, you can always get back up really fast.
If you save money and have an emergency fund, you will not stress about money when obstacles happen. You will actually feel proud of yourself for making decisions that help you have a better and healthier life (we all know that stressing about money is unhealthy and quickly becomes a habit). You will be able to focus on things more important than money, and you will be able to overcome obstacles easier.
Having an emergency fund can help you live better, feel better, and life obstacles will be way more manageable. Whatever happens in life, you won’t have to stress about money problems.
Sometimes hardship happens, and when these difficult times are linked to money, they become even more dramatic and more difficult to overcome. Successful millionaires know that! That is why most of them have the great habit save money! They have an emergency fund to protect themselves and family.
Save money tips:
- Plan your emergency fund amount
- Take the same amount from your paycheck every month
- Imagine the way you will feel the day your wanted emergency fund amount is reached
- Before buying something you don’t need wait 2 weeks, then see if you still want it
If you want to think like a millionaire, save your money. When you save money, you invest in your future wealth, and you are also creating a safety cushion for the unexpected!
3. SELF MADE MILLIONAIRES LEARN FROM THEIR MISTAKES AND OTHER PEOPLE’S MISTAKES AS WELL!
Yup, one great thing about millionaires is that they are always on the lookout. Indeed, they learn from their mistakes but also from other people’s mistakes.
When you are trying to be successful, have a company, or whatever goal you are trying to reach, you will make mistakes along the way, and this is because no one is perfect. THAT’S OK!
The important thing to remember about making mistakes is that you missed an opportunity to be better if you don’t learn from them. However, if you learn from your mistake and turn that into something that will help you reach your goal, you think like a millionaire, and if you keep that momentum, you can achieve anything you want.
Self made millionaires have a habit of learning from their mistakes because they know that it can help them take their dreams and goals to another level!
4. MILLIONAIRE WAKE UP FREAKING EARLY!
Yup! If you want to know one of the greatest habits of millionaires, well, THEY WAKE UP SUPER EARLY!
WHY? Because if you wake up early, there is so much that you can accomplish in a day.
Basically, self made millionaires wake up early to ensure that they stay ahead of their competitors or potential rivals! Yes, this is key! If they wake up earlier than their competitors, they will be one step ahead of them!
Think about it; if you wake up early, you will be able to eat a great breakfast, meditate, make your bed, plan your day, and even work out! At 9 AM when everybody starts work, you will already be at least one hour in, and while people will try to wake up at work, you will already be working and have high energy. You will for sure perform better than your rivals!
To wake up early, plan the night before. Go to bed earlier, read a book instead of watching TV and think of waking up early as a way to have a better life.
Wake up early benefits:
- You will achieve more
- You will have more energy
- You will work better than your rivals
- You will have more time for yourself
- You can have a morning routine
5. SELF MADE MILLIONAIRES MAKE MONEY WHILE THEY SLEEP!
Having a passive income is so important! Making money while you sleep is the good life! There are so many ways to earn passive income. Millionaires understand this, and they make sure that even if they are on vacation or asleep, money is coming in.
We strongly recommend that you research ways of making passive income because passive money could really help you have a better life quality.
Check out this article to find out about fun passive income ideas!
6. SUCCESSFUL SELF MADE MILLIONAIRES HAVE A MENTOR
Yup! Having a mentor is a priceless gift that you can do for yourself and your goals! Imagine having someone successful in your life that already achieves everything you want to accomplish in life.
Having a mentor will help you push your limits. Looking up to someone is so important because you need to stay inspired. Mentors are great because they also help you get back on track and choose the right path to reach your dreams and goals.
So if you want to follow the steps of successful women and men, if you want a successful business and want to be surrounded by other successful people to achieve a successful life, find your mentor!
7. SELF MADE MILLIONAIRES HANGOUT WITH OTHER SUCCESSFUL PEOPLE!
We all heard that we are the average of the people that we surround ourselves with. This is why millionaires find it essential to surround themselves with successful people. It pushes them to achieve more in life and run towards their goals.
They also enjoy the competition! They do not want to be the last one, so they will work harder to be in FIRST PLACE! There is nothing better than a little competition!
Being around successful people will motivate you. One great thing is that you will understand that there are really no true limits in life. If you are not successful, it is because either you don’t believe in yourself enough or you don’t do what you have to do to make your dreams come true. Remember that success comes with sacrifice.
8. SELF MADE MILLIONAIRES DON’T SPEND ALL OF THEIR FREE TIME WATCHING TV
Nope! They would rather learn something that would make them even more successful instead of spending too much free time watching TV. They understand that when you spend too much time watching TV, you are passing by your life. Instead of being productive, you invest the most precious thing that you have (time) on TV shows that will not give you anything in return.
Remember that while you waste your time watching TV, your competitors educate themselves, try new things, build strategies for success, and they get better by the second!
9. MILLIONAIRE LIKE TO READ!
Why do millionaires read so much? Reading has so many benefits. When you read books, your vocabulary improves, which will also improve your speech! You will be more articulate, and people will take you more seriously.
Reading books is also a great way to remove stress in your life, and it helps your brain activity as well.
So what are you waiting for? Let’s go read a motivational book!
10. SELF MADE MILLIONAIRES EXERCISE
Millionaire exercise because it’s a great way to have a healthy lifestyle. Exercising is essential for your health and productivity. If you do not exercise, you are more likely to be sad, not take care of yourself, and be negative. Too much negativity will stop you from running after your dreams, and you won’t accomplish much in life.
So put on some good workout music and start this great habit that will help you reach your goals!
- SELF MADE MILLIONAIRES PAY THEMSELVES BEFORE PAYING OTHERS
- SELF MADE MILLIONAIRES PLAN FOR THE WORST #EMERGENCYFUNDS!!
- SELF MADE MILLIONAIRES LEARN FROM THEIR MISTAKES AND OTHER PEOPLE’S MISTAKES!
- SELF MADE MILLIONAIRE WAKE UP FREAKING EARLY!
- SELF MADE MILLIONAIRES MAKE MONEY WHILE THEY SLEEP
- SELF MADE MILLIONAIRES HAVE A MENTOR
- SELF MADE MILLIONAIRES HANGOUT WITH OTHER SUCCESSFUL PEOPLE
- SELF MADE MILLIONAIRES DON’T SPEND ALL OF THEIR FREE TIME WATCHING TV
- SELF MADE MILLIONAIRES LIKE TO READ
- SELF MADE MILLIONAIRES EXERCISE
These are great habits of successful millionaires that you can use to stay on track of your goals and become successful. If you adopt self made millionaire habits, you will develop a millionaire mindset, and you will be unstoppable while you run towards your dreams.
AS A CONCLUSION, if you want to be a successful millionaire, you will need to practice the habits of self made millionaires.
Put money aside for yourself, invest in your dreams, and have an emergency cushion, so that you can focus on your goals instead of worrying about money. Practice habits that will make you successful instead of spending time and money on things that won’t bring you anything in life.
Be one step ahead, wake up early, learn from other people’s mistakes and surround yourself with people that inspire you.
Let’s start by practicing successful habits now that you know how successful people think. No more excuses!