Good Investing Habits


Make it a point to develop better habits and watch your life improve.

Make a list of all the things you want to accomplish. Maybe start a business, get in shape, lose weight, gain weight, save money, make money, whatever. Then, most importantly, think of the habits that someone who accomplishes those things would need.

If you have a goal around physical fitness, get in the habit of cutting out all junk food, instead of lapsing and then trying to make it up with an extra intense workout the next day.

If you are having trouble getting started, commit to a habit that is so easy you can’t say no. Say you want to save money. Get in the habit of saving ten dollars a week. You can always do that. Then once you have built that habit, increase the amount.

Learning is the most important habit you can build. Get in the habit of learning something every day. Your public library is one of the best and most underutilized government services there is. Get in the habit of reading every day.

A lot of people are overwhelmed at how far behind they think they are in life. Maybe you have yet to start building wealth and feel stuck because there are people younger than you with way more. Building wealth is like a snowball rolling down a mountain full of snow. It may not seem like much getting started, but it picks up size and speed quicker than you think if you just focus on the things within your control.