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The 20 Top Productive Habits Of The Wealthy

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The 20 Top Productive Habits Of The Wealthy

Talent, intelligence, and charm may be great, but these are usually not what separates the wealthiest from the poorest. Click Here To Go Straight To Our Online Tutorial

Instead, it has more to do with our daily habits. Do you know that those subconscious and second nature activities that we do makeup to 40% of our everyday waking hours? What this means is that every five minutes of our time each day, 40% operates on autopilot. This is true – habits are a neutral pathway stored within the basal ganglia. This is a golf ball size mass of tissue in the middle of our brains and limbic system.

The neutral fast lane is meant to save the energy in our brain. If a habit is stored and formed in this area, those parts of our brain that are involved in the deeper decision-making will stop to participate in such activity. But, as we all know, there’s a good habit, and there’s a bad habit.

I have spent several years studying the differences in the habits between the wealthy and the poor and interviewed hundreds of individuals as well. Wealthy people are those whose annual gross income is worth $160,000 and have net liquid assets of up to $3.2 million and even more. On the other hand the “lesser-offs” are those earning a gross income of $35,000 and less and with assets no more than $5,000. After my study, I have spent some time analyzing the results and boiled down the responses to come up with a picture of what made the wealthy to prosper and why others don’t. My book has become a sort of instruction manual on how to become wealthy.

The gulf between the poor Habits and wealthy Habits is pretty staggering. If you’re already well off, chances are you’re already adhering to most of the so-called wealthy Habits. Integrated those that you have neglected could push you further, but be assured that if you’re doing fine now without having to adhere to these principles, then it will catch up to you.

Some of the biggest difference between the poor and the wealthy are pretty obvious, although others are somewhat surprising. So here are some of the most significant wealthy Habits that you can follow to achieve and maintain your wealth potential.


Wake Up Early

There have been several good sayings that were coined from the benefits of getting up early every day, and they have remained popular simply because waking up early is said to be a path to success. Millionaires don’t spend a lot of time sleeping in because they have so many things to accomplish every single day.

Thomas Corley, an author, spent five years learning about the habits and lives of the wealthy and the poor before he penned the book, Wealthy Habits: The Daily Success Habits of Wealthy Individuals. The author learned from his research that 44% of the wealthy wakes up three hours earlier than the working hour, compared to only 3% of the poor.

Don’t Check Email First Thing

The wealthy wake up earlier than the others, so what do they usually do during that extra time? Well here is what they are not doing – check their email. A lot of people thought that starting the day reading email is productive, but the wealthy know that there are way better things to do in that early morning time.

Others would choose to meditate, write a journal, read something educational, or get a head start of an upcoming project. Some would simply use that time to get some exercise and enjoy a healthy breakfast. In general, the wealthy would skip their emails for later in the day and don’t consider reading/sending emails a priority.

Eat Healthily

The wealthy value their health so much and would, therefore, structure their eating habits suitably. Corey has also discovered that 57% of the wealthy would count calories on the food that they eat every single day while only 5% of the poor people do it. He has also discovered that 70% of the wealthy eat less than 300 calories of junk each day. However, 97% of the poor people would eat above this mark.

There are plenty of good reasons why the wealthy would make sure to watch what they eat, but the most important is to ensure they live a longer life, which translates to a longer opportunity to earn more money.

Exercise Regularly

On top of healthy eating, the wealthy also believe in the importance of staying fit through regular exercise. Millionaires may be busy individuals, but they will always make sure to find time to exercise. Corley has found that 76% of the wealthy are doing aerobic exercises 4 days in a week, with only 23% of the poor doing it.

Have the Main Goal

The wealthy often always have a primary life goal that’s laser-like precision, even though these goals seem unattainable or outrageous. Everything that they do and every decision they make, including every action they take is done with a main goal in mind. An intense concentration of this kind is what enables the wealthy to be able to accomplish what some people only dream about. Furthermore, the author has found that 80% of the wealthy focus more on attaining a single goal.

Write Down Goals

Setting goals are important to achieving success and wealth, but if it were the only requirement, then almost everyone would have become wealthy. For the wealthy, setting a specific goal and jotting them down is like a winning habit that works.

Of course, broader objectives, such as simply wishing to be wealthy, for instance, are not goals. It should be specific goals and includes planning something that’s tangible, such as earning X amount of money by a specific time, coming from certain activities.

Keep a Daily To-Do List

To be able to achieve your goals of attaining wealth, you must first accomplish some smaller goals that will feed into your main objective. As such, most of the wealthy have an every day to-do list. In fact, 81% of them would do this, while 19% of the poor have a to-do list. Also, Corley found that 67% of the wealthy are able to accomplish 70% and more of their daily to-do list.

Believe That Time is Money

Generally, wealthy people work hard to achieve their goals, except most other unnecessary activities. They don’t want to waste their time doing nonproductive stuff like the social media because they strongly believe that time is equivalent to money and any time misspent is tantamount to money that’s lost.

Instead of looking at their annual, monthly, or weekly income, the wealthy would instead focus on how much they should earn every hour and how much money they could waste if they will engage in doing unnecessary things. This is why they tend to avoid spending time on things that most of the non-wealthy people would engage on a daily basis.

Be Frugal

There’s a famous saying that says you should spend money to make money. This might be true to some extent, but most of the non-wealthy do not consider the fact that the more you spend, the less you will have left.

The wealthy try to avoid overspending. Even though they can afford to spend half a million dollars on a brand-new car, they try not to do so. Before buying, they will choose to invest their time in negotiation and comparison-shopping to get the best deal for their money and saving more than what they can spend.

Take Long Lunches

Most of the wealthy would spend more than an hour for lunch break. This might seem to go against the concept that time is money, but they also know how to work smart not hard. They know that taking a break is an important part of working smart. A long and relaxing lunch gives them an opportunity to refresh their mind and get back to work with a more productive mindset.

Read a Lot But Not for Pleasure

Wealthy people are aware of the importance of continuing education and self-improvement and would rely on reading to fulfill these needs. Corley has stated that 86% of the wealthy love to read while only 26% of the poor finds pleasure in reading.

What the wealthy read is just as important as how much they would read, and their reading material of choice is often non-fiction but more on self-improvement. 88% of the wealthy would spend at least 30 min. everyday to read.

Take Calculated Risks

Wealthy people are aware that risks often lead to rewards and this is why they are more than willing to take risks, although most are calculated risks and not the reckless ones. The wealthy know exactly what they are going to lose if risk fails to deliver its supposed reward. Thus, they usually have some contingency plans in place to minimize potential fallout in case things will not go according to plan.


Network With Success

The wealthy know that for them to be successful, they should surround themselves with successful individuals. Networking with other wealthy people or those who have the same drive and potential as them is important for their success.

Corley found that 79% of the wealthy would spend at least 5 hours in a month to network with others, either through client events, conference, online webinar, or perhaps over a cup of coffee.

Know When to Stop Working

Hard work is very important for the wealthy, but they also know when to stop. They value the importance of personal time for self-improvement and relaxation. That being said, pushing yourself to work hard every day will only make you feel very exhausted and inefficient, and you won’t end up producing worthwhile results, which is essential to your success. The wealthy would normally end their work at 5 PM or 6 PM and will not return to it until the next day.

Give Back

Philanthropy and charity are two of the hallmarks of the wealthy. Wealthy and successful individuals are generous. Some of the best examples are Bill Gates, Andrew Carnegie, and Nelson Rockefeller. Giving back to the community and helping to make the world a better place is a significant characteristic that the wealthy have.

Avoid Television

Corley has also found out that 67% of the wealthy would spend less than an hour watching television per day and only 23% of the poor would try to limit their time on TV. The wealthy also try to avoid watching reality shows. In fact, only 6% of the wealthy would watch these shows, while 78% of the non-wealthy tend to spend their time watching reality shows. The wealthy would rather choose to do some other productive tasks instead of watching television shows.

Avoid Gambling

Sure, winning the lottery can make anyone wealthy instantly but for the most part, the wealthy don’t believe in luck, so they try to avoid gambling. Instead, they believe in actions and habits and in creating opportunity. This is why only 6% of the wealthy would try their luck on the lottery.

Control Emotions

There is a general assumption that most of the wealthy are honest and blunt. However, these people understand that not all thoughts and emotions must be aired. Good relationships are an important foundation for success and speaking your mind out could sometimes damage these relationships. Thus, only 6% of the wealthy would try to say what they have on mind, while only 69% of the poor would do this.

Listen More and Talk Less

Effective communication is also an important skill for the wealthy and listening is also essential. Generally, the wealthy would spend at least five minutes listening for every minute that they speak. This allows them to understand what others are trying to point out truly and helps to facilitate conversations better, which could foster relationships.

Don’t Retire

Although the wealthy might have hefty savings and plenty of retirement portfolios, they normally have no intention to retire, or at least, not as early as others would. They believe that the longer you work, the more money you’ll end up making. Thus, their drive to stay healthy is tied to this goal. The wealthy would choose not to retire, and since most of the people enjoy what they do, the concept of continuing to work is both comforting and welcoming.

wealthy habits

Wealthy Habits And Time Management 

While money cannot solve every problem in this world, money has been a sign of passion, capability and drive to those who have acquired it. So try to incorporate these strategies in your everyday life and working routine, and you’ll end up putting yourself in a position that could increase your success, both in life and money.