The Simple Habits of Self-Made Millionaires, Revealed

Lauren Powell
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IMAXTREE

Habits are an inevitable part of our everyday life and therefore have a significant effect on our life overall. That’s why introducing great habits into our lives can attribute to our overall success, wealth, and happiness. Thomas Corley, author Rich Habits: The Daily Success Habits Of Wealthy Individuals who spent five years studying the habits of both self-made millionaires and poor people completely agrees. After five years of research, Corley certainly knows a thing or two about habits and revealed to SMH Life & Style the consistent habits of self-made millionaires. "Wealthy people think that bad habits create detrimental luck and that good habits create 'opportunity luck,' meaning they create the opportunities for people to make their own luck," Corley told SMH Life & Style. Read on to find out which habits you should adopt if you’re dreaming of success.

They read

"Eighty-eight percent of the rich devote 30 minutes or more each day to self-education or self-improvement reading," Corley explain in his new book Change Your Habits, Change Your Life. "Most did not read for entertainment—the rich read to acquire or maintain knowledge."

They exercise

"Seventy-six percent of the rich aerobically exercise 30 minutes or more every day," Corley says. "Cardio is not only good for the body, but it's good for the brain. It grows the neurons (brain cells) in the brain. Exercise also increases the production of glucose—glucose is brain fuel."

They save

"Being wealthy is not just making a lot of money," he explains. "It's saving a lot, and accumulating wealth. Many of the people I studied aren't wealthy because they made a lot, but because they saved a lot."

They have mentors and mentor others

"Finding a mentor puts you on the fast track to wealth accumulation—they share with you valuable life lessons they learned either from their own mentors or from the school of hard knocks," says Corley. Adding, "no one realises success without a team of other success-minded people—the best way to create your team is to offer help to other success-minded people first."

To find out the other great habits that self-made millionaires head to SMH Life & Style, follow them on Twitter and to learn more about habits shop Corley’s new book Change Your Habits, Change Your Life.

Do you agree? Do any of these habits already fulfil your life?

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