Think like the rich… earn like the rich. Here are 3 things the ultra-affluent do differently, which anyone can use to flex their money making muscle.
Ultra-Wealth Factor #1: They accept 100% responsibility for their financial results.
Wealth comes to those who are committed to success while others just sit around wishing and hoping for things to be different.
Most individuals are taking no initiative, pretending like they can wait out the crisis like a bad storm – or worse, waiting for the government to bail them out.
Well, it’s not going to happen. You alone have the power to change your financial fate.
The best time to take control was 20 years ago, but the next best time is TODAY. Seize the day.
Ultra-Wealth Factor #2: They surround themselves with others who share their goals or have already achieved them.
If you surround yourself with individuals who are willing to take shots in the dark instead of seeking expert help, you are much more likely to follow the crowd and chase the latest “hot” funds instead of playing a long game designed for YOUR goals.
Bad advice and the lack of good advice both have the same result. You should never follow the advice of someone who isn’t qualified and/or doesn’t represent your best interests. And you definitely cannot afford to plan for retirement alone.
Seek out expert help with a legal fiduciary duty to you and your money.
Ultra-Wealth Factor #3: They are committed to life-long learning
What you lack in knowledge, you pay for.
Think about it this way: if you don’t know how to seal the leak in your plumbing, you need to pay a plumber to do it. If you don’t know how to build a deck, you need a contractor. And if you don’t know how to protect and prosper your finances, you need advisers with your best interests on the line.