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Top habits of wealthy people you can adopt in 2022 Posted on December 8, 2021

wealth

It is true that wealth is mindset. Those who are focused on generating financial growth generally do, and fortunately their habits are easily accessible and applicable. Which ones will you try in 2022?

Wealthy people can clearly see their future self. They can see the house they have, the holiday they go on, the people they do it with, how they fill their time and the freedom they feel. This helps them to set clear goals and to build out strategies to achieve them.

Wealthy people have multiple income streams. Whether it is share markets, property, a side hustle or an efficiently diversified business, wealthy people don’t rely solely on their income.

Wealthy people are conscientious spenders and savers. They know exactly where their money is going and they prioritise saving. Usually, this is not because they love having lots of cash, it’s because there’s something big worth saving for. You don’t have to be frugal to be conscientious, you just have to spend within your means, only buy what truly matters to you, and ensure you are saving for the big picture.

Wealthy people keep close watch of their money. When they invest, they engage regularly to ensure top performance. They rarely dump money into an investment and leave it alone with hope for the best, they check the numbers and ask lots of questions which enables them to capitalise on trends and move money when the time is right.

Wealthy people are resilient in the face of adversity. Some things happen outside of their control, and they dig their heels in and demand a solutions mindset from themselves and those around them.

Wealthy people build a circle of trust. This often involves someone with professional expertise, a friend with self-made wealth, and a close personal relationship. This is a healthy balance of hot tips and formal/informal discussion that ladder up to what is personally important to that person.

Wealth is more than money – it is affordability to live the life you want. We love enabling and supporting the freedom it creates. If a Financial Advisor is the missing piece to your puzzle, come in for a discovery meeting to discuss what’s possible for you next year and beyond. We support many people at all stages of their lives to build their short and long term wealth. Book a complimentary discovery today.

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