3 Habits of Rich People - a podcast by Dan Lok

We are what are what we repeatedly do. As human beings, we are creatures of habit. You’ll notice that people do the same thing, the same routine, over and over again. Getting rich is no different – it’s also a habit. So if you want to be successful, learn from the three best habits of rich people.

Habit 1: Count Your Money

The first habit you want to have is to count your money like every dollar matters. Don’t just get your paycheck and deposit it. It’s too easy to spend your money without watching the money flow. What are your expenses?

Don’t wait until it’s tax time, when you have to figure out what you owe – before you study your numbers. Even then, don’t just look at what you have to pay and file the return. Look at your numbers regularly.

Become financially literate. Log into your account every single day to see your cash flow. How much cash reserve do you have? How are your investments doing? If you have a business, how is your business doing? What gets measured gets improved, so look at what you need to work on to improve your finances.

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