You've probably heard it before.
The rich get richer, and the poor get poorer. And while it may seem like this statement rings true sometimes, what if you could break that cycle?
You may be thinking. I want to be a rich person. But, I was not born into a wealthy family. I can barely pay my bills, and I don't even have a savings account. How the heck am I suppose to get rich from nothing.
Guess what. It's possible. And you might already know that it takes is some hard work and determination.
But here is the thing. It is more than just about the hustle, working hard, and putting in the time, and those things help and are essential.
But it is all trumped by having the right mindset.
We're going to show you how to change your money mindset and start developing the habits of the rich. Once you do, there's no limit to how much money you can make.

How to get rich from nothing.
Sounds crazy, right. But we all started from somewhere. Even those that were born wealthy had ancestors that started from somewhere. And that somewhere was nothing.
So if they can do it, why can't you.
First thing's first, take a step back and examine your current net worth.
If you don't know already or have never put much thought into it, you should definitely get clear on this number. I don't care if it is negative 150K (that's where I started) or $10,000. Having that number in mind is just a reminder of where you started. That's it, and that is all the energy and credit it gets.
It starts with your mindset.
So you know what you have now. Great. That's your starting point. Instead of focusing on where you are now, keep the future in mind. This process will take time, but it is essential to have that long-term mindset and stay motivated towards your end goal: Financial freedom and success.
Once you know your net worth and start to work on changing your money mindset, you're ready to start developing the habits of the rich.
These are important because having a positive net worth is only half the battle. You need to have good financial habits that will help you stay on top of your finances and make more money in the process. It doesn't happen overnight, but once these good habits set in, you will be on your way towards success.
We will go over the 7 habits that the rich have for you to adopt into your daily routine and become successful. I know you might be thinking it's just another list, but take a moment and read through these steps again. The biggest thing about becoming wealthy is changing your mindset. So if you are ready to turn this whole thing around, let's get started.
What does being rich mean to you?
Here's a hint. Being rich is more than a dollar amount, and it's more than just having a lot of money to spend on whatever you want. It is about being financially free, including living without worrying about money.
You may think being rich is when your passive income exceeds your expenses so that you no longer have to work for money. You don't have to work overtime or get another job because you already make enough money. If that this your definition of rich, then great. Sounds good to me.
But if it is not, then take a moment and ask yourself, “What does being rich mean to me?”
Grab a piece of paper and start writing it out if it helps. Write down what a day in life would look like if you were rich. Where do you live? What are you doing? Who are you with?
Just keep writing until you find the answers.
Once you know what being rich means to you, it will be easier to determine what specific steps you need to take to get there.
Remember that just because someone else has a certain amount of money doesn't mean they are rich, and we shouldn't compare ourselves to others.
Create a plan and follow it.
There are many ways to do this, but they all lead to the same place. For most people, creating a budget is really important because it helps them track their spending and set goals to have more money at the end of the month. Many people think making a budget is restrictive, but they don't realize it is freeing. Knowing what is in your bank account is the first step to establishing good money habits and building wealth.
You can use an app like Mint, or if you are more tech-savvy, you could do all of this with Excel. There are other ways to do this, but just pick something that works for you and start tracking your spending.
If you prefer, you can also you a paper planner like this one. There is no need for more money than you need to get the perfect planner or software. Instead, focus on a system that works best for you, even a sheet of paper and a pen.
When you start tracking your spending, you will know where all the money is actually going. It helps if it is in one place to keep track of it, and there aren't any surprises when the end of the month rolls around.
Once you know how much money comes in vs. what goes out, you can start thinking about making more money. Maybe you need another job, or it is time to try something different, like starting your own business or reaching out to new customers/clients.
Whatever the case may be, start with the plan and follow it until you find what works best for you. It might take some trial and error but keep your end goal in mind, and everything else will fall into place.

Create multiple streams of income.
For this one, I'm going to use an analogy. Think about your finances like a tree. The roots are the significant expenses coming in every month like rent/mortgage, car payments, etc… Then think about the trunk as your regular expenses – bills, groceries, and so on.
Then you have the branches, which would be the small expenses – Netflix, coffee, etc… The branches are not very important, but they make up the tree.
The leaves are the extra money you have after bills and expenses are paid for. You can either save them or invest them in making more money.
But here's the issue with having only one stream of income… what happens if that stream dries up?
For example, if your only source of income is the job you have at the office cubicle, then what happens if one day your boss comes in and tells you, “I'm sorry, but we are going to have to let you go. We don't have enough work for everyone.” You are screwed because now you have no income.
The solution is to have multiple income streams. This way, even if one stream dries up, you'll still be okay because the other ones are working hard for you. It is also a great way to start accumulating wealth. Especially if you have passive income streams, which will allow you time to focus on other areas of your life.
How do you get these extra streams? You can start by picking up a side hustle or getting another part-time job that takes too much time.
Another way to get other income streams is by investing your money, like in real estate properties or different types of investments. There's a lot you can do with this, and it all comes down to figuring out the best plan for yourself. It might take some trial and error but just remember that having multiple sources of income is better than one and will help you become rich.
Invest your money
Speaking of investing, you should definitely try to invest your money if you can. The earlier you start this, the better because you'll have more and more money from compounding interest as time passes, so it is a good idea if possible.
Saving up your money is essential because the longer your money sits in the bank, the less likely it is to actually grow.
If you want to invest but don't have much money to do so right now, don't be afraid to start with something as small as $5. You can add to this amount as you free up more cash to contribute to your investment accounts. The important thing is to just start.
The sooner you start, the sooner you will get to your goal amount, and the sooner your money will be working hard for you instead of just sitting there doing nothing. This will help you to reach your financial goals sooner.
Invest in Yourself
Another way to get rich from nothing would be through investing in yourself. This option takes more work and dedication, but it can pay off in the long run, primarily if you use that extra money to invest in your education or skills.
Figure out how you can improve your skillset and pick up a part-time job in that area. For example, you can learn a skill like coding and then use this skill to freelance on nights and weekends. All that extra cash can be used towards your money goals.
Boost your current income
So you have a job you love. But it would be even better if you could make some more money. It's time to focus on boosting your current income. There are many ways you can do this, and some involve more time and effort than others. However, the best place to start is by asking for a raise.
At the moment, you might be thinking, “I've never gotten a raise before. What if I ask for too much?”
First off, it's okay to ask for what you think is fair compensation. Start by researching and figuring out what fair compensation would be for your current job. Secondly, the worst thing that can happen is they say no. Now you know your worth. Next time, you will be able to ask for a better offer.
If you don't get the salary you want, at least you can use your current job as leverage for a better one with higher pay. Just remember, never settle for less because of fear.
All in all, being rich from nothing is possible if you put your mind to it. Sometimes, it requires hard work and dedication, but you can achieve anything with the right mindset and plan.
Live below your means.
Sometimes it's not just about earning more money, but also about spending less. Establishing the right habits early on is essential for managing your money.
Often, when you're just starting out, you may feel like you are spending every cent on things because you think your income isn't enough to support your lifestyle.
Have a hard look at what you spend your money on. Chances are, there are at least some things you can cut back on without sacrificing too much.
This is a habit that will serve you more than just now. If you start practicing this, then chances are this new lifestyle change will last for the rest of your life because it's working for you and making you happy.

Start spending with a purpose.
When I say spend with purpose, I mean only buying the things of value to you. When trying to save money or budget, you might focus on price versus value. This is where people fall into a trap, and being cheap can actually cost you more money.
For example, you can buy a pair of jeans for 30 percent off. It doesn't mean that you have to get it because it's cheap. If it doesn't look good on you or the quality isn't worth the purchase price, don't buy it no matter how much of a discount. What happens is that you will not wear them and have to buy another pair to replace them sooner than what you like.
Even rich people spend with purpose. They buy the things they like. The things that are of value to them. The things that will add value to your life. This has nothing to do with saving money, although that is a significant side effect, and more with making your money work for you and making your money go further.
Create a budget that works for your lifestyle
I don't care if you have a dollar in the bank or a million. The proven way to stay rich is by having a budget that works for your lifestyle.
This does not mean you need to create a limiting, no fun budget or spend less money, and it means making a plan for your money that fits your lifestyle.
For example, if you like to travel and eat, make sure that is part of your personal wealth plan. (I like to call it a wealth plan because it sounds better than budget).
You also want to keep your goals in mind. Maybe you have credit card debt that you want to tackle. Or perhaps you want to build your nest egg. These goals should all be made a part of your budget if these things are essential to you.
Real wealth comes not from how much money you have in the bank or how large your rainy day fund is and more from having the ability to enjoy your money even while you're working towards financial independence.
Embrace positive money habits
This is where having a positive money mindset comes into play. You might be thinking, “I don't have any money to invest.” Or you might think that nothing will ever work out for you. Don't give up on your dreams because of fear, doubt, or uncertainty.
Positive thinking does not come naturally for everyone, but it's possible to change your mindset from poor to rich. You can develop positive money habits that will help you build financial freedom and wealth.
Once you establish good positive habits, it's much easier for those good habits to grow into even better ones. If you can budget $1, you can budget a million. Positive money habits learned now will help you accumulate wealth and help you along your personal finance journey.
Give Back
When you give back, it gives your life new meaning. Whenever someone does something nice for me, I get energized because my heart is filled with gratitude and happiness. I feel blessed to have been a part of their life at that moment. And they think the same way towards me because they were there for me when I needed them.
When you give back, it not only fills your heart with happiness but also makes you feel rich because you have helped someone else.
As the saying goes, you don't always have to be rich to help someone. You can give back with your time, money or by sharing your knowledge and expertise.
You can start by picking one way you will give back this week or month. It can be donating to a favorite charity or committing to volunteer in your community. Whatever you decide to do, make sure that it will genuinely help someone in need when you give back.

Is it possible to become a millionaire from zero?
Absolutely. We all start from somewhere, and it's all about patience and keeping your eye on the prize. Implementing these millionaires habits will ensure that you are on your way to creating the life of abundance and wealth that you deserve. Self-made millionaires are not born that way, and they actually do the work.
The best advice I can give is to start now. If you want financial freedom, you need to create a plan for your money and make it happen. Figure out what works for your lifestyle and go for it! You can do anything if you put your mind to it.
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