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Tuesday, March 15, 2011

Four Major Wealth Creating Habits of the Rich and Wealthy

The rich and the wealthy are known to have imbibed some habits which over time have been known to have helped them to accumulate the wealth they have acquired. Without these habits, they would not have gotten as far as they have in their quest to create and build wealth.
1. Hard Work: This is the first major habit of the rich. The rich and the wealthy are known to work harder and sleep less than other people. The wealthy work seven days a week and oftentimes sleep less than eight hours a day. Most times they sacrifice their personal time for professional success. The time they should have spent enjoying themselves they spend developing themselves and their business. This they use to create wealth as much as they want.
2. Saving: Another habit of the wealthy worth emulating is that they save habitually. The rich are not known to be crazy and impulsive spenders. Their spending is planned and whatever is left is saved. They are not frivolous spenders either. They are known to typically pay off their full credit card every month. Saving therefore plays a great role in wealth creation.
3. Investment: Thirdly, the wealthy invest wisely, soundly and aggressively. They are more likely to invest what they save in stocks, mutual funds and real estate. Whatever they have saved in terms of money they usually invest in things that will yield them more money. Put in another way, they allow their money to work for them through wise and aggressive investments which thereafter assist them in their quest to create wealth.
4. Giving Back: The rich and the wealthy are known to be grateful always for the favor and blessings of God and what He has done for them in terms of wealth accumulation, therefore they often give part of their wealth back to their communities and whatever organization they believe in.
These four habits you will find in every rich and wealthy person and they are the basis and foundation of their wealth acquisition. Without it they will not be able to accumulate as much wealth as they have.

Do you know there are other habits like desire, persistence, going the extra mile, service delivery and positive mental attitude play a major role in wealth creation? Learn how to create wealth with these habits by clicking here NOW!

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