5 Priceless Pointers From Successful Millionaires

5 Priceless Pointers From Successful Millionaires

How do yo improve your finances? There are literally thousands of blogs out there promising to help you with money – most of them are trash. A few websites offer helpful advice, but most everyone that’s successful got that way because they followed a few simple (yes, simple) rules.

Be Something

You can’t just do something. You have to be something, too. A personality like George Soros or Donald Trump, adds to the picture of success. How do you be someone when you’re not successful? Some say “fake it till you make it.”

What’s important is that you see yourself as successful, even when you don’t have a lot of money. Not everyone who is successful in life has money. You probably already know someone who is living a great life, but who doesn’t own a movie studio or a large art gallery or has millions in the bank.

You’re probably already successful in some area of your life. Use that as your stepping stone – a platform to build further successes.

Sign a Prenuptial Agreement

For many, it’s an unromantic offer. “Here honey, sign this prenup, just in case.” But, the reality is that 50 percent of marriages end. It doesn’t always happen because of problems, either. Sometimes, people grow in different directions. People still respect the spouse, but they’re no longer in love.

That might not sound romantic, but it’s a reality. If you plan on becoming successful, sign a pre-nuptial agreement. And, if you do have money in the bank, and your future spouse refuses to sign a prenup, have a rational discussion about it. If you can’t, something is already seriously wrong with the relationship.

Love never hinges on a contract – whether it’s a prenup agreement or a marriage certificate. 

Borrow Money To Get Started

Many successful millionaires got their start by borrowing money. One of the richest men on the planet, Warren Buffet, started with a borrowed $10,000. So, if you’re strapped for cash, don’t let that stop you. Alternatively, you can try hitting up friends and family.

The important thing is to get started. Find a source of funds you can use and put together a minimum viable product or service. Market it, and you’re on your way.

Don’t Rush Financial Decisions

Wealthy people don’t rush financial decisions. This is partially because they don’t have to. But, it’s also because this is how they became successful. They didn’t make hasty decisions. It doesn’t mean that they always made decisions slowly.

It means they always acted on their best knowledge at the time, were honest about what they didn’t know, and never tried to rush into a business deal just to be part of a business deal. They went after winning trades or businesses because they knew (or had a good idea) that it would be profitable.

Have Discipline

Finally, all successful people have cultivated a special sense of discipline. This is a huge reason that successful people are successful and unsuccessful people remain that way. You need self-control and the “stick-to-it” attitude that won’t let you give up, even when the going gets rough – and it will.

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About The Author

Edwin C is the money hacking millennial behind Cash The Checks. He lives a minimalist lifestyle and is always eager to learn and share his methods to save and make money. If you've found this post helpful, please share it on Twitter or FB!

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1 Comment

  1. Money Saving

    I think you saved the best for last. To me, discipline is the most important finance pointer that all aspiring millionaires need to aware of.

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