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Monday, January 25, 2010

How to use this daily Habit to become automatically Rich

This daily habit will take a lot of self discipline, but done over a period of time can become a habit that makes you rich. This technique/daily habit is what most rich people do everyday.
This daily habit, will make you rich. This is an automatic system that very rich people use every day, but it takes a lot of time and self-disciplined effort on your part.

1. First, this technique is called paying yourself first. This technique can become a daily habit which will ultimately make you very rich in the long-run, if you stay committed to it. First. you need to purchase 3 separate piggy banks. You can buy these at Walmart or the 99 cents store. It doesn’t matter where you purchase them. Just have 3 separate piggy banks. Next you want to put labels on each piggy bank. The first piggy bank you need to label as “Investing”
The second piggy bank Label should be called “Saving” and lastly the third piggy bank should be labeled “Charity”

2. Second, you need a jar of money next to this piggy bank. The jar can contain dollar bills and or loose change, dimes, nickels, cents, quarters etc. The first thing you need to do each day is set a limit for how much money you want to put in each piggy bank every morning. I suggest start off small. Put in 1 cent in each piggy bank every morning, and consciously look at which bank you are putting your money into. The reason that you want to do this, is because you want to fill up your piggy bank and cash it in and pay them to their respective places. To become rich the 3 labels, Investing, saving, and charity are the first 3 places money should be going. These 3 labels are what the super rich people spend most of their money on. This has become a natural habit for them.


3. Third, cash in the amount of money when the piggy banks are filled up and put the amount of money into investing on something that will bring you back money, and savings to save for a rainy day, and charity to help out a cause or some event or organization that needs money. The reason that the dollar amount doesn’t matter when putting money in each piggy bank because what you want to work on is the daily habit of putting your money in places that grow your wealth over time. It becomes much easier in the long run to pay yourself first when you get into these daily habits of putting the money at the start of
the day into the 3 places that matter most. This is a technique and habit used by the super rich, just they do so in larger sums of money. But eventually this discipline pays off big time in the long run, and assist you in becoming rich automatically.

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