11 smart habits of the ultra-rich

When you think of wealthy individuals, do you think of playboy heirs and vapid heiresses? Perhaps slovenly lottery winners? People who just stumbled or lucked their way into wealth?

Maybe you picture self-indulgent tycoons, with eight cars and four homes spread across three continents?

Thomas Corley studies the habits of wealthy individuals, and how they differ from the average American’s. After five years studying and surveying thousands of millionaires, he compiled his results into a bestselling book, Rich Habits: The Daily Success Habits of Wealthy Individuals. His studies continue, and he regularly releases updated survey data.

While there are a handful of lazy heirs and lucky lottery winners out there, most wealthy people accumulated their own wealth, through hard work, frugality and financial discipline. Don’t believe me?

Roughly two-thirds of America’s billionaires are self-made. As for self-made millionaires, they make up even more: four-fifths to be exact. No trust fund, no extravagant inheritances, no silver spoon.

And lottery winners? Forget about it. A shocking 70% of major lottery winners go broke within three years.

Why is that? Because sustainable wealth requires a state of mind, discipline, and daily habits to maintain. Here are 11 of those habits of wealthy people, that you can model to join their ranks.

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