habits of successful people
20 Habits of Financially Successful People
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By SuperMoney17 hours ago http://finance.yahoo.com/news/20-habits-financially-successful-people-190815719.html Accessed 2014-04-11
The secret to finding financial success has been something that has eluded many of us for our entire lives. Yet there are multitudes of individuals who enjoy a comfortable life due to their financial success. As it turns out, many of these financially successful people all have certain habits in common with each other. Here is a list of the top 20 key habits that financially successful people employ.
1. They establish and follow a budget.
Being able to plan ahead for your financial needs and setting limits on certain spending types will almost always result in better results in the long run. Anyone can make a budget, but staying disciplined enough to follow it is more difficult.
2. They keep their recurring, monthly expenses to a minimum.
Along with making and keeping that budget, they also evaluate their monthly costs and reduce them when possible. By avoiding this unnecessary spending they allow a larger portion of their income to go towards saving.
3. They have a healthy financial education.
Financially successful people are well aware of the current economic trends and are constantly increasing their knowledge so that they are able to make the right decisions when it comes to managing their money.
4. They focus on the long-term.
People who enjoy financial success today didn’t start planning for it yesterday. Being able to think about long-term financial goals while dealing with today’s fiscal circumstances is a key habit to practice if you want to achieve financial success.
5. They have a great deal of respect for money and realize its value.
Since today’s modern world revolves around the almighty dollar, it’s the people who recognize and understand the value of money that end up with more of it.
6. They make savings a priority.
Simple math will tell you that if you
ﾧﾧ
By SuperMoney17 hours ago http://finance.yahoo.com/news/20-habits-financially-successful-people-190815719.html Accessed 2014-04-11
The secret to finding financial success has been something that has eluded many of us for our entire lives. Yet there are multitudes of individuals who enjoy a comfortable life due to their financial success. As it turns out, many of these financially successful people all have certain habits in common with each other. Here is a list of the top 20 key habits that financially successful people employ.
1. They establish and follow a budget.
Being able to plan ahead for your financial needs and setting limits on certain spending types will almost always result in better results in the long run. Anyone can make a budget, but staying disciplined enough to follow it is more difficult.
2. They keep their recurring, monthly expenses to a minimum.
Along with making and keeping that budget, they also evaluate their monthly costs and reduce them when possible. By avoiding this unnecessary spending they allow a larger portion of their income to go towards saving.
3. They have a healthy financial education.
Financially successful people are well aware of the current economic trends and are constantly increasing their knowledge so that they are able to make the right decisions when it comes to managing their money.
4. They focus on the long-term.
People who enjoy financial success today didn’t start planning for it yesterday. Being able to think about long-term financial goals while dealing with today’s fiscal circumstances is a key habit to practice if you want to achieve financial success.
5. They have a great deal of respect for money and realize its value.
Since today’s modern world revolves around the almighty dollar, it’s the people who recognize and understand the value of money that end up with more of it.
6. They make savings a priority.
Simple math will tell you that if you