The 5 Characteristics Of Wealth

There are 5 main characteristics that you MUST have in order to act on and hold firmly to your decision to become wealthy.
I want clarify at this point that things like Law of Attraction and time management are not characteristics but methods to become wealthy. You must have the right characteristic or attitude in order to implement the methods effectively.
If you know how to manage your time more efficiently you will have more time to plan an effective strategy for optimum wealth creation. Similarly, the law attraction helps you to use your subconscious mind to harness the power of the universe to help you achieve your goal.
5 main characteristic identified:

1. Patience

Patience will help you to tough it out until you can find a way to turn the situation in your favor.
If you have patience, you will be able to continue soldiering on until you get the desired results. Without it, most people will probably throw up their hands and walk away from their goals because they couldn’t bear to face another setback.
If you ask any multi millionaire how long it took them to be where they are today, they will tell you that it took them months, even years! And even after they have gotten where they are today, it is still a lot of hard work to maintain their current position.

2. Self-confidence
This can also include believe in what you are doing or positive thinking in that what you are doing will turn out right. Self-confidence gives you the strength to propel you to complete your journey.

3. Willing To Spend
If you are a student of wealth, then you might be familiar with this concept. As much as we’d like to retain more income, we must also be willing to spend.
The word “spend” in this context can mean anything like investment or simply giving. But for the purpose of discussion, I will use spend so as not to confuse you.
You must be willing to spend in ALL the following 3 contexts of spending or all your efforts will be for naught.
i. Willing to spend on YOUR DEVELOPMENT

ii. Willing to spend on CHARITY

iii. Willing to spend on YOURSELF

4. Willingness To Learn
If you are going to be egoistical and think that you can learn all you need to know to become wealthy without anyone’s help, then you are making a very unwise move.
Willingness to learn is not limited to learning from books, courses or seminars. You can learn things, useful things, from the most unexpected sources.

5. Knowing What You Want In Wealth
So you said you want to be wealthy. Exactly how wealthy? Is it having a million dollars in the bank? Or 5 million? Having a house, 5 sports cars, country club membership, and still money in the bank?
You have to be specific in order to have a benchmark on what you want to achieve or else you goal will be an aimless one. You will be like seaweed floating in the vast ocean.
You must be able to tell for certain where you are now and where you want to be when you achieve your goal.

So these are the 5 characteristics that are important if one wants to be wealthy. There are many more but these are the 5 that I find most important to charting your course for wealth.

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