Helping you succeed in life's financial journey

10 tips of the financially successful: what they do differently

21 October 2015

Written by:

Mike Murray - Director / Financial Adviser


Care to take their advice?

It really is true that anyone can be financially successful.

We found these great financial tips on lifehack.org that we just had to share, as it abounds with positivity. For most of us, we won’t be hitting all ten. But even hitting the majority of these key habits will increase your potential for financial success, whatever that definition is in your book.


 Here are 10 things the financially successful do differently:

  1. They surround themselves with positive people and do not waste time on negativity.
  2. They make sacrifices at first.
  3. They don’t waste time complaining.
  4. They make paying off debt and saving money a priority.
  5. They don’t blame the government or economy for their situation.
  6. They focus on long-term financial goals.
  7. They don’t assume they already know everything.
  8. They offer services or create things of value.
  9. They do more than show up at the office, do their jobs, and go home.
  10. They are more excited about the process of creation than the money they make.

The financially successful often get a bad rap in our society, especially from the poor. What we don’t see is the passion, hard work, mistakes, thrift and plain old smarts that went into creating the lifestyles of the rich. The media didn’t follow them around with cameras when they were living in cars, working in restaurants, or recovering from debilitating addictions, before they achieved their financial success.

The good news is everyone has the ability to become financially successful. As Wallace D. Wattles put it,

“Talented people get rich, and blockheads get rich; intellectually brilliant people get rich, and very stupid people get rich; physically strong people get rich, and weak and sickly people get rich.”

Now let's explain these financial tips.

1. They surround themselves with positive people and do not waste time on negativity.

It is interesting to note that 67% of wealthy people watch one hour or less of TV every day, and only 6% watch reality shows.

2. They make sacrifices at first.

The financially successful will accept a reduction in income, drive a cheap used car, and downsize their house when they’re first starting out. They then take the money they save and invest it or re-invest it in something that will make them more money down the road. Sometimes, wealthy people choose to live frugally their whole lives. Warren Buffett is known for driving his car until it looks so shabby that his employees pressure him into buying a new one.

3. They don’t waste time complaining.

If something bad happens, they change course, learn from it, or look for a way to use it to their advantage.

4. They make paying off debt and saving money a priority.

They know that “When one is bound by debt, he has no choice but to stay in a miserable job, location or house against his own will.”

5. They don’t blame the government or economy for their situation.

Instead, they take full responsibility for themselves and their actions, and believe they are in charge of their own futures. As Jim Rohn pointed out, in the six years it took him to make his first million dollars, the fact that a Republican President was replaced by a Democrat didn’t make one bit of difference.

6. They focus on long-term financial goals.

Instead of just making money and spending it, they take the time to create financial plans which enable them to reach long-term goals, and then they stick to those plans.

7. They don’t assume they already know everything.

86% of wealthy people love to read and believe in lifelong education. 88% of them read educational or work-related material for 30 minutes or more each day. 63% listen to audio books as they commute to and from work.

8. They offer services or create things of value.

They don’t just consume what other people have produced.

9. They do more than show up at the office, do their jobs, and go home.

They seek out ways to go above and beyond the call of duty, even if they are wage earners in a 9-5 job. 44% of financially successful people wake up three hours before work starts.

10. They are more excited about the process of creation than the money they make.

It’s not that they don’t care about making money, but money isn’t their top priority. The financially successful get satisfaction from making their clients and customers happy. They don’t necessarily need all of the latest gadgets and toys.

A Final Thought:

While none of us have control over the government, our negative friends and relatives, or the economy, we can control how we think. If we can adopt a financially successful mindset, sooner or later we will become financially successful in reality, and in the meantime, we will FEEL financially successful, even if we’re strapped for cash. So we have nothing to lose by changing our thinking. Happy success!


So there you have it. Each of us has it within us to have a plan, and to realise our personal financial goals.

Want help with your personal financial planning?

Our advisers are experts at asking the right questions, creating a plan with you and helping you stick to it. If you could benefit from that kind of a leg-up, do get in touch with us today.


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