October 11, 2013

5 Things Rich/Wealthy People Don't Do


Do you also wonder what rich people won’t do to maintain their wealth? According to huffingtonpost these are the 5 things most rich people don’t do that you can also copy and imitate too. But of course following these things wont promise you to become wealthy instantly. Your approach, works, and decisions in life still matters on how far you will reach your goal. 

1. They Don't Retire When Everyone Else Does
Research shows that while the average age of employees retires are 60 years old, highest earner wait their age at 70 years old for bigger benefits. They also don’t mind stepping down at their current position as long as they were able to work it; they plan to keep working because they want to.

2. They Don't Wake Up At 6 a.m.
Because they wake up at 5 a.m just to think and plan. They also spend this time to read and answer their emails and none of them actually waste time to access Facebook and other social media.

3. They Don't Ignore Job Offers
They consider any job offers (promotion or stepping down) whether within the company or in a new one considering it will give them better benefits, insurance or retirement related concern.

4. They Don't Buy When They Can Rent
Rich people consider the five year rule: like if you're not going to live in a home for five years, then don't buy it. In America renting home is popular than buying one even whether they can actually purchase it. Renters can be just as successful as owners at achieving the American dream, and of course this is only applies in America while in some countries getting your own home is the primary financial security.

5. They Don't Buy Without Price Comparison
They think first before buying and even compare prices from different online stores. Also they probably buy only needs than wants like most everyone does when it comes to shopping online.

Source: www.huffingtonpost.com

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