How to Wealth

Leaving Behind Poor Habits for a Richer Life

The Ruler
Horizon Hub
3 min readMar 4, 2024

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Unveiling the secrets to financial success through the abandonment of counterproductive habits, as revealed by a five-year study comparing wealthy and impoverished individuals’ behaviors.

Image by user6702303 on Freepik

Many people dream of becoming wealthy, each employing their unique strategy.

While some may stumble upon fortune by chance, others work tirelessly to increase their income.

Interestingly, those who consistently maintain their wealth share common traits.

However, regardless of whether their wealth comes from luck or hard work, bad habits can jeopardize their financial stability.

Researchers conducted a five-year study comparing wealthy and impoverished individuals, discovering that the biggest differences lie in their behavioral habits.

Thus, if you aspire to wealth, heed the following advice and abandon the mindset and habits common among the poor.

  1. Relying Solely on Fate and Luck: Wealthy individuals believe in shaping their own destinies, unlike the 90% of the poor who blame misfortune and uncontrollable factors for their plight.
  2. Avoiding New Acquaintances: 68% of the wealthy enjoy meeting new people and networking, a stark contrast to the mere 11% of the poor who do the same. Maintaining a stable financial status often means striving for positive interactions.
  3. Disliking Their Jobs: A significant 85% of financially successful people love their work, while the impoverished focus on its downsides. To improve your financial situation, either find joy in your current job or seek new opportunities.
  4. Neglecting Health: Wealthy individuals dedicate considerable time to their health, choosing a balanced diet and regular exercise, unlike only 13% of the poor who see the connection between health and success.
  5. Avoiding Risks: Only 6% of the poor are willing to take financial risks, compared to over 50% of the wealthy, highlighting a stark difference in risk tolerance.
  6. Overindulgence in TV and Internet: Wealthy people generally spend less time watching TV or surfing the internet, unless it’s related to their work.
  7. Lack of Reading: Wealthy individuals spend at least 30 minutes daily reading professional, personal development, and historical literature. In contrast, only 2% of low-income individuals practice this habit.
  8. Waking Up Late: Over half of high-income business owners wake up at least three hours before their workday begins, using this time for exercise, planning, and personal projects, while ensuring they get 7–8 hours of sleep each night.
  9. Surrounding Themselves with Negativity: 96% of the poor have at least one person in their circle who loves to gossip and complain, unlike successful individuals who associate with positive and inspiring people.
  10. Overspending: Many poor individuals spend beyond their means and lack financial management, unlike the wealthy who keep a strict account of their income and expenses.

Abandoning these poor habits in favor of actions and mindsets that foster wealth and success is crucial.

By doing so, you can transform your financial future and embark on a path to lasting wealth.

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