habits account for the majority of our
behaviors every single day habits are
the difference between homeless people
and millionaires habits have the ability
create the life of your dreams it just
depends what those habits are and so in
this video we're going to be discussing
the three habits that rich people have
that poor people don't and how to
immediately implement them in your own
life stay tuned
[Music]
answer this honestly at the end of every
month are you struggling financially
are you living basically paycheck to
paycheck and just can't quite figure out
how to break that cycle humans are
creatures of habits and unless you're
intentional about changing your habits
you're gonna be doomed to a poor persons
mentality forever rich person habit
number one is that we work smarter not
harder I know a lot of people out there
who are working extremely hard but
unless you're working smart it's never
going to work because the truth is it's
literally not possible to get rich
working for someone else and I know
there's outlying cases like people who
you know go on to become the CEO of
Google but that happens two point zero
zero zero zero one percent the rest of
the people who actually go on to create
real wealth and establish themselves
financially all work for themselves and
they all have to figure out how to
create their own businesses and I'm not
trying to say that you should never work
for someone else I know that if you're
not born into a rich family like some
people are you have to work for someone
else you have to put your time in so
that you can save enough money to
actually go out and start investing into
yourself and into your own business I
worked as an accountant for a year right
I literally saved every single penny
that I could that I could afford to
actually invest into my own ideas and
into my own businesses the rich person
mentality is to create systems that earn
you money while you sleep and the poor
person mentality is to work more hours
or try to get paid more per hour
from someone else it's not possible for
most people to get rich working for
someone else so the first habit is we
work smarter not harder
the second habit of rich people is that
we know our numbers poor people as soon
as they get a paycheck they go out and
they start spending it they have no idea
how much income they earn they have no
idea how much their expenses are each
month as soon as they get a paycheck
deposited in their account they go out
and start partying with their friends
and spending it and then all of a sudden
at the end of every month they're
surprised that they don't have any money
left if you want to have a rich person
mentality and you want to develop rich
person habits you have to know your
numbers you have to know exactly how
much you earn and you have to know
exactly how much your expenses are so
that you can know how much extra money
you have and another rich person have
that I'm gonna give you as a bonus this
one's not even included you want to save
at least 10 percent of your monthly
profit and I mean profit the money after
all of your earnings minus all of your
expenses is your monthly profit
want to save 10% of that just in case
there's ever an emergency down the line
or a great investment opportunity or you
want to be able to save it and start to
invest in your own business saving money
when you are working for someone else
it's how you start to build the
foundation of being able to actually
invest in yourself create your own
business and start to develop your own
financial wealth and so habit number two
is know your numbers know how much
you're earning every month know how much
your expenses are if you don't know your
numbers you don't know anything habit of
rich people number three is that we're
constantly growing and learning and
actually applying that new education at
to our own businesses and what I mean by
that is that the poor person mentality
is as soon as you finished with high
school as soon as you finished with
college and that's it you're done
learning and now you're going to work
but rich people understand that is not
the end right rich people understand the
famous quote by Jim Rohn that formal
education makes you a living but self
education makes you a fortune and when
you stop learning
you're completely dead in the water I
know that all billionaires and all
people who are incredibly rich they
learn something new every single day and
they apply that learning and they imply
that experience and then they implement
it into their own business so if you
enjoyed this video guys do me a favor
hit that like button make sure you tap
the little red subscribe button right
here turn on notification bells and
leave me a comment down below in the
comment section let me know whether you
have rich people habits or if you have
poor people habits and let me know if
you're going to improve those habits if
you of course are the latter so I hope
you guys enjoyed this video and until
next time happy hustling
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