7 Mental Habits That Will Make You Wealthy

7 Mental Habits That Will Make You Wealthy

More than anything, your thoughts determine your success. This is also a truism when it comes to your wealth. Everything from your daily spending decisions to how you invest relies on your decision-making. Ultra-successful individuals understand the importance of mental habits, and utilize them day in and day out to ensure consistent success and wealth creation. Here are some of those mental habits you can utilize today: Be Grateful  A big misconception about wealthy people is that their constant pursuit of more wealth also makes them constantly unhappy with what they currently have. In fact, rather than being unhappy with their car as soon as the latest model comes out, wealthy people do the exact opposite. Don’t believe me? Studies have found that people who are grateful have 10% higher incomes. Part of this has to do with viewing luxury differently and not correlating higher income with more spending. But there are also a slew of priceless benefits that come from gratitude, such as better relationships with others and improved health (according to Harvard research). Although you should always be reaching higher and higher, you should never forget or take your past successes for granted. You can start this today by using proven methods to increase your gratitude, such as keeping a gratitude journal or merely reflecting for a few minutes. Look at the Long-term Game As Warren Buffett once wisely said, “Someone is sitting in the shade today because someone planted a tree a long time ago.” A large portion of wealth-building involves looking at the long-term results and consequences of your decisions, while filtering out the short-term noise. For instance, instead of looking at the short-term appeal...