According to Edmund Burke, one of the biggest reasons people live in poverty is that people let money control their lives instead of it being the other way around.
When you ask people for advice on how to make more money, they will typically tell you to take control of your life. While true, it’s considered as vague advice and is easier said than done.
So, here’s a more actionable advice: set up rituals for yourself that are designed to increase your wealth without having to work yourself to death.
What if you don’t know how to create a ritual? You don’t have to. In this article, we are going to spell out the top 5 rituals recommended by some of the richest people in the world such as Bill Gates and Elon Musk.
You don’t need to conjure ancient spells to achieve the wealth that you want. What we will be talking about in this post are financial habits that will make your grind easier.
1. Make Your Bed First Thing in The Morning
This is something that we’ve heard not only from our parents but also from friends, teachers, and even neighbors. Yet, there aren’t a lot of us who actually take this advice seriously. Why? For one thing, it’s pretty trivial to the point that it’s hard to believe that you have to do this at all. For some reason, we all think that our problems are bigger than they actually are.
How does making our bed relate to becoming wealthy? While your mom isn’t likely to pay you a single dollar each time you make your bed, doing this one small task first thing in the morning allows you to keep the ball rolling.
It is normal for people to want to achieve big things but the truth is that you won’t achieve anything big unless you start with the small things.
If you aim for the big things on your first try, you will easily lose motivation, especially since doing big things requires time.
So, when you start a business now, you won’t have the same enthusiasm for it the next year compared to the first time you started it.
Focus on the small achievements. They will allow you to be consistent until you hit the jackpot.
2. Dress For The Job That You Want
This is an invitation to always give your 100% to your job. This does not pertain to just your effort in doing the work. It also emphasizes the way you dress or the way you present yourself.
If you have been a waiter for a year or two and then you decided to apply as a supervisor in a restaurant nearby, do not come to the interview wearing the typical clothing a regular waiter would wear.
There is no discrimination towards waiters here. However, if there is something that you want, you have to dress for the part. It shows that you have sufficient professionalism to take on the job that you are applying for.
Even if you are only a waiter with no experience in people management, if the manager sees that you dress professionally, he will have the impression that you can be trained for the job. Remember that work ethic is more important than technical skills.
3. Practice Gratitude at The Start of Your Day
Our mind is wired to only think about the things that we don’t have. While this might inspire you to keep on working hard, the latter don’t always equal success.
To become successful, you need an eye for opportunities. When you are grateful for what you have, you are able to think clearly about what you want as well as what you can offer.
What typically happens when you don’t appreciate what you have is that you’ll keep on betting or taking risks to eventually arrive at success. Unfortunately, since you do not have a clear vision of what you have to offer and what you want to achieve, you end up losing not only the opportunity but also the things that you previously have.
This practice of gratitude doesn’t need to be sophisticated. When you wake up in the morning, just make a habit of listing down a total of 5 things that you are glad to have for that day.
The morning is the most preferable time to be grateful according to experts but alternatively, you can also practice this habit at night before bedtime.
4. Think and Grow Rich
You might have heard of this phrase far too many times. Experts believe in the power of attraction. It is stated that what you think about the most, you become.
Of course, you should not take this in the most literal sense. While our brain is, indeed, a powerful tool, you also need to pair your new way of thinking with action.
Look at it this way. If you spend a lot of time thinking about going to the gym, there is a pretty good chance that sooner or later, you are going to wound up getting a gym membership.
The same goes for building a fortune. If you keep thinking about saving money, investing, and being wealthy someday, you are most likely to come up with steps to help you start a business, invest on stocks/cryptocurrency, or make money out of a creative endeavor.
The key is to explore your mind. Cut some time from your day and only dedicate it to thinking. As you begin to explore what you want, you will also be able to brainstorm actionable steps on how to start your money-making venture.
5. Practice Visualization
One of the root causes of failure is relying too much on motivation. It’s good to find motivation but this usually doesn’t last long. With that, if you come up with a good idea that could make you reach, you probably won’t reach the end of the scope anyway due to lack of motivation.
If you want to achieve your goals, you need to rely on two things. One is self-discipline and the second one is visualization.
In this post, we are going to talk about the second one. After you have done your gratitude ritual for the day, the next step before getting out of bed is to visualize what you want to achieve for the day.
Here is our recommendation. Think about your biggest goal and then craft a performance statement. It can be something like “I got this” or “If I am consistent, I’ll increase my traffic/sales tenfold”.
And then when you have that, designate a time for your visualization. Simply close your eyes and then say your performance statement while envisioning yourself using it during a situation where you were having doubts, disappointment, or experiencing some setbacks.
People will tell you to prepare for your future but the truth is that the future does not hold any real importance. The only thing that matters is what you are doing in the present moment. Look at what you are doing now and that will tell you a lot of where you might be five or ten years from now. If you want a good future, focus on what you can do today to make your life better.