Have you ever heard this quote?

“Opportunity luck is why the rich are rich. Opportunity luck is a unique type of luck the rich create as a result of having good daily habits. When you have good daily habits, you magnify the opportunity for luck to occur.” — Thomas C. Corley

Do you practice good habits?

I’m always studying ways to improve my life and thought I’d share what I’ve noticed about our wealthiest clients. It turns out that those who are wealthy do practice certain habits. Here are a few:

1. Don’t gamble

Hardly anyone who is wealthy plays the numbers. Wealthy people do not rely on random good luck for their wealth. They create their own. If you’re still tempted, use money from your entertainment budget.

2. Read every day.

As the adage goes, “readers are leaders.” Reading increases your knowledge and makes you more valuable to colleagues, customers, or clients. Among wealthy people, 88 percent read 30 minutes or more every day.

3. Forget the boob tube and spend less time surfing the internet.

The late, great Jim Rohn said “Poor people have big TV’s. Rich people have big libraries.” How much of your valuable time do you waste by watching a screen? Most wealthy people watch less than an hour of TV and spend less than an hour on the internet unless it is job-related.

Cultivating good daily habits can make you wealthy—if you implement the right habits. It’s said that it takes 30 days for a daily habit to stick. Well worth the effort if it allows you to live your retirement years with ease.

We always like to encourage good daily financial habits at Money & Clarity, and could perhaps give you some tips on how to maximize your income. Why not give us a call at 513-563-PLAN (7526) or book online? Let’s make wealth-building a daily habit that will deliver big results.

Tomorrow I’ll share even more tips. And #3 is really, really important.

Regards,
Nikki Earley, CFP® & Dan Cuprill, CFP®

PS:  To learn the steps you can take to protect and even capitalize on recent investment volatility in light of COVID-19, check out my webinar.