During those stressful and tiring moments where you’re working on your side hustle and it seems like its going nowhere, you may wonder as to what successful people do to gain success.
Success can come in many forms, but the most common one that people think of is financial success.
The saying ‘money doesn’t buy happiness,’ is true, but not completely. Having a good amount of money gives you the freedom and privilege of having a good, stable life.
In fact, I would highly suggest for you to make it one of your goals to not only make money but also help others build themselves financially too.
In order to get financial success, you should look at the people who’ve already gained it, and use their tips and tricks for yourself.
This is exactly what we’re going to go through in this post.
And these aren’t wishy washy ‘believe in yourself’ tips. You will learn actual practices that financially successful people use to have a good amount of wealth in their life.
Successful people have multiple sources of income
This is essential and something you should be working upon. Successful people do not just rely on one source of income, they have backups, and for those backups, they have even more backups.
Even if you have something right now that gets you a lot of money, there is no guarantee that it always will. There is also no guarantee that people will stay interested in it forever.
In the world of consumers and buyers, things are constantly changing. Everyone is looking for the next best thing, and as soon as they find it they will move on.
Having multiple sources of income will not only prevent you from sudden bankruptcy, but will also allow you to be creative and try new things out.
Which brings me to the next point…
Successful people are constantly learning
Never limit yourself, always research and always learn.
As I said, the financial market is very fast-moving now, and you need to move at the same pace.
Learn about new platforms or ideas emerging that are getting really popular. Or develop an idea you’re really passionate about and learn everything you can about it.
Successful people invest
Invest in things that interest you and will benefit you.
You can invest in a business idea you and your friend had, and buy the stock needed to get it running.
You can invest in yourself by buying the courses and books needed to improve your skills.
To read more about how to be successful in life overall, read Self confidence & Independence: the foundations of success PART 1. This two-part series focusses on confidence and independence as ways to have success in your life.
If you really feel passionate about something and have done enough research to know that it will be profitable, go for it.
Successful people take risks if they truly believe in what they are doing.
Successful people make sure to have a savings account
In order to make investments and be financially stable at the same time, you must have a savings account.
What successful people do to be financially independent is to always put a portion of their earnings into a savings account.
This will ensure that you are covered during emergencies and will also give you the flexibility and freedom to spend and invest.
This post about what wealthy people do to increase and maintain their wealth offers some more great tips on what successful people do to attain financial freedom.
Successful people organise their finances
You must be on top of your finances if you want wealth and success in your life.
Keep a track of how much money comes in and out of your account, and make sure you are spending less than what you are making.
If being organised is something that you struggle with, make sure to read 8 Realistic Tips to Make Your Morning Routine Immediately Better. Having a productive morning routine will help you have a productive and better organised day.
Regularly have a monthly review of your finances and think about ways you can increase your income and savings.
The best way to save money and organise your finances is to budget. During your monthly reviews, figure out how much money you spend on entertainment, food, travel etc.
Then try and find the places where you think you can reduce how much your spending. For example, you may realise that you get a lot of takeout and may decide to start cooking at home more often.
Success people have goals
Have goals that you can strive for, and imagine yourself and your life once you have reached that goal. Create a vision board so you can see your goals visually, or write a 1 year, 5 year, 10 year goal plan (or do all of them!)
Having a set, specific goal will motivate you to work hard and reach it. Once you have this goal in mind, you can plan out the steps you will need to take to get to it.
Always look ahead, and learn from your mistakes. Implement what you have learned as you work to reach your goals.
Successful people automate their finances
If you don’t already have online banking, what age are you living in??
Online banking allows you to see all your money online, and is an easy way to transfer and organise your finances.
There are also loads of apps nowadays that logs how much money you spend on different areas of your life such as entertainment, travel etc. This will save you time when you’re organising your finances, and make it easier for you too!
Successful people believe in themselves
Yes it is extremely cringe to say, but its the truth.
And I know I said I wouldn’t say this but you genuinely can’t get any success in life unless you believe in your capabilities and believe that you will do whatever it takes to reach your goals.
If you think that you aren’t skilled enough to do something, just know that there are so many people out there who didn’t have the skills but believed in themselves enough to eventually gain success.
Perhaps, the most important point of all is to believe that you can do it and that you deserve that success. With that mindset, you can achieve anything.
These tips have shown you what successful people do to get rich and stay rich.
The main thing you may have noticed from the above is that financially successful people are super organised, and are constantly looking for ways to improve themselves.
But, this is a mindset that you need to develop over time. And to help you get started with that, you should check out the Mini Life Planner.
This free planner will help you in four aspects of your life: self-love, confidence, productivity and organisation. It is a must-have for those of you wanting to make a change in your life.
If you want to read more about self development, have a look at these two series:
The Ultimate ‘Mind Glow-up’ Series (Part 1) – SELF LOVE
Self confidence & Independence: the foundations of success PART 2
