1. THEY SET FINANCIAL GOALS: Some of us (ahem) don’t think much about our money until our debit cards get declined. Others are always thinking about our bank statements, and these smart cookies set regular financial goals to which they hold themselves accountable. We suggest writing your goals down, whether they be to save a certain amount or to pay down a certain amount of debt and remember, the smaller and more incremental the goal, the easier it is to achieve (e.g. weekly or even daily goals versus monthly or yearly goals). If you’re not great at holding your own feet to the fire, consider enlisting the help of an accountability partner. This person should check in with you regularly to see if you are meeting your goals (and vice versa).
2. THEY AREN’T AFRAID OF FAILURE: Often, the most impressive earners in the world skipped college to pursue their passion. They slept on couches, borrowed more money than they can ever hope to pay back and worked odd jobs most would consider beneath them in order to get to their goal.
3. THEY FOCUS ION THEIR PASSION: Self-made wealthy people often have tunnel vision when it comes to the pursuit which eventually makes them all of their money, often to the point of obsession. In other words, they’re not “jacks of all trades, masters of none”—they identify one goal, usually something about which they are greatly passionate—and they work hard until it’s been achieved. They don’t get distracted easily, they don’t make a lot of excuses for themselves and they don’t waste time on paid gigs they’re dispassionate about.