“I didn’t buy my first luxury watch or car until my businesses and investments were producing multiple secure flows of income. I was still driving a Toyota Camry when I had become a millionaire. Be known for your work ethic, not the trinkets that you buy.” — Grant Cardone

If you ever read the book, The Millionaire Mind by Thomas Stanley, Ph.D., you’ll remember he mentioned millionaires who drove American-made cars and lived in nice neighborhoods, but not in a mansion.

In other words, they weren’t showing off their wealth but instead, living within their means and enjoying time with family and friends.

A few more wealthy habits to pass along to you:

1. Set goals, not wishes

You cannot control the outcome of a wish, but you can control the outcome of a goal. The wealthy pursue at least one major goal for the year. Those who struggle to make ends meet rarely do this.

2. Deep-six procrastination

Procrastination can create unhappy employers, customers, or clients. Avoid procrastination by creating a “to-do” list, identify five activities that will move the needle toward a goal, and set and communicate artificial deadlines to get the ball rolling.

3. Know your main purpose

If you start your own business, be clear on your “why.” People who pursue a dream or a main purpose in life are often the wealthiest and happiest in society. Because they love what they do for a living, they go the extra mile to succeed.

At Money & Clarity, we know our main purpose. We enjoy great satisfaction from helping our clients live a richer, more meaningful life. Being financially secure has a ripple effect. Because you’re secure, you can enjoy splurging on your family occasionally. Take that special vacation or learn a new skill.

If it’s been a while since we last talked, now is the time to schedule a chat. Kick that procrastination to the curb today and call us at 513-563-PLAN (7526) or book online. In fact, let’s make it a habit to meet and discuss your financial portfolio. We would love to learn about your main purpose and how to leverage it for a fantastic life!

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.