Getting a millionaire mindset is not impossible. Obviously, self-made millionaires have a unique and highly motivated mindset. This ‘mindset’ is the key to them earning even more money. It’s the mindset that’s going to help you earn even more money! Becoming financially free is the ultimate dream, so if you want to become that millionaire, let’s get started.
6 Millionaire Mindset Secrets To Steal
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1. Millionaire Mindset Hack; Start Taking Daily Action
Stop wishing and making tonnes of plans that you don’t follow through. It’s time to take action and achieve something. Millionaires are action takers. You can make plans all day long but you will never see results until you start taking daily action. So, stop wishing and start doing something.
2. Set Long Term Goals
It’s imperative that you think of the future, it’s difficult if you’re experiencing financial difficulty at present but it’s important. Setting goals that can span years or decades is where you need to start. Look ahead and have clear goals of where you want to be in the future.
Expert Resource: What Should My Goals Be? [QUIZ]
Why does this work? It works because long term goals force you to deal with questions like, ‘how can I double my income before the next new year’, instead of ‘how can I pay the gas bill next month’.
Millionaires are often willing to give up short term conveniences like takeout for long term financial ease.
3. Never Stop Learning
Millionaires are continuously educating themselves. Every new lesson or skill acquired can be an opportunity to make money. Ever heard the phrase ‘The more you learn, the more you will earn.’?
Strive to always improve yourself, as a human being, as a parent, as a daughter, even as a friend. Having a well-rounded life will empower you to continue striving for success. Take classes and always be open to learning new skills.
Some of the most famous millionaires in the world – Elon Musk, Oprah Winfrey, etc., are well known for their love of reading.
Read books that will help widen your understanding of people, the world, business, mindset and motivation. Read biographies by millionaires and try applying the lessons they teach to your own life.
4. Don’t Just ‘Save’ Money
Yes, you need to have an emergency fund. Ideally, it should be enough to allow you to pay your bills for at least 6 months if ever you find yourself in financial trouble.
However, we don’t advise you to save your money for the sake of just ‘saving’. Learn about investing to see if you can earn more from your money instead of it sitting in the bank.
Take this free class over at Brit Co: Investing 101
Keep in mind though that low risk often leads to low returns. However, it’s more than you would earn if your money was simply sitting in your account.
5. Focus on Actually BEING Wealthy
A lot of people try to look like they’re wealthy and it’s quite obvious that they aren’t. It doesn’t mean you can’t be presentable and look fancy, however, that’s a HUGE money trap. Instead of getting caught in the trappings of wealth, expensive phones, robot vacuums, big houses, etc. Instead, focus on building wealth and holding on to that money.
==> Go here for the 60-second Total Money Magnetism Quiz
Avoid spending your money on things that will not earn you any returns.
Be practical when spending and don’t try to impress people, it’s really not worth it. It’s more of an empty gesture that’s a waste of money. Look at some of your favourite millionaires, I am sure that many of them live fairly frugal lifestyles and follow a budget.
6. You are not your Circumstances
It is easy to fall into the trap of thinking that you have the life you have because of the circumstances you are dealt with. This is a myth. You may be in certain circumstances right now, but they can be changed. You have the power to change it.
Finally, A Millionaire Mindset Believes In Accountability
Whatever you do, don’t play the blame game. Ever. When you point a finger at someone, there are 3 pointing right back at you.
If you don’t like how something is, then it’s up to YOU to change it. It’s up to you to create opportunities for yourself. When you get into the mindset that you are open to opportunities, you will find you notice them much more. There are psychological reasons for this and it works!
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