“Your beliefs become your thoughts,Your thoughts become your words,Your words become your actions,
Your actions become your habits,Your habits become your values,Your values become your destiny.”
Mahatma Gandhi
A habit is defined as a routine of behaviour that is repeated and often is subconconscious.
It can also be classified as a fixed way of thinking which is based on previous experiences.
The standard sequence of reinforcing and creating habits is.
1/The cue
2/The behaviour
3/The reward
Goals can be obtained by the repetition of an advantageous series of habits.
The power of positive habits is built around the repetition which is controlled by self discipline and the will.
A study from Brown University (Pressman et al., 2014) found that routines and habits in children, including household chores and responsibilities, are unlikely to vary after the age of 9.
These finding`s can then possibly be extrapolated to the financial futures of the children.
In other words, positive outcome habits, reinforced by repetition by reward and discipline, implies statistically that the child will grow into a successful adult.
In discussing habits in the context of this site, there is little reason to discuss bad habits associated with nervousness, gambling and insecurity etc.
But there are negative habits that are germaine to this article.
They would include, procrastination, poor saving habits, poor people skills and unrealistic goals and expectations.
Tom Corley spent five years studying the habits of poor people and he surmised them as gambling habits,time wasting habits,bad spending habits and poor saving habits.
He then stated “Only 5% of the poor in my study saved 10% of their income. None saved 20% of their income. Conversely, 94% of the rich in my study saved 20% or more of their income.”
A key factor in distinguishing a bad habit from an addiction or mental disease is willpower.
If a person has control over the behaviour, then it is a habit.
Good intentions can override the negative effect of bad habits, but their effect seems to be independent and additive—the bad habits remain, but are subdued rather than cancelled.
There are of course, many good habits that successful people can and do use as well as recommend to others.
Here are a couple that Tony Robbins follows.
And seriously, you have to listen to anything Mr Robbins suggests.
1. Spend at least 30 minutes reading every day.Robbins calls this daily reading “one of the most valuable habits of my life.”
He claims that his first teacher Jim Rohn, told him that reading something every day of value was actually more important than eating. “Miss a meal,” Rohn told him, “but don’t miss your reading.”
2. Learn to act and live, in spite of uncertainty.
In a world that might appear to be more uncertain every day, many people are afraid to take a risk of any kind.
Robbins claims that with uncertainty comes opportunity and that certainty is not a feeling–it’s a habit that you can create. “Progress comes when you tell yourself the truth, and you’re able to feel the uncertainty and take action anyway.”
3. Develop a positive attitude of abundance and generosity.
And as bizarre as it might sound, a habit of being generous without any expectation of reward, actually can lead to greater success.
Back to the master Anthony Robbins of course.
Robbins was a young man and broke when he noticed a small boy at a diner with his mum.
The kid was opening the door and pulling out the chair for his mother.
Robbins was so touched by the kids manners and attitude that he went over and gave him the last money that he had on him..which was about $14.00.
Robbins had no other money in the world at that stage..and in his own words.
I say to him, “Listen, I just want to tell you, you’re a class act. I saw you hold the door for your lady, and how you pulled up the chair.” And he goes, “Well she’s my Mum!” I say, “That’s even more cool! And it’s pretty cool you’re taking her to lunch like this.” And he says, “Well I’m not taking her to lunch, because I’m only eight. I don’t have a job.” And I say, “Well, you are taking her to lunch” and I reached in my pocket, took every penny I had, and I dropped it on the table in front of him.
The look on his face was worth it. His eyes got as big as garbage can covers …
And he laughed, and I laughed, and I didn’t even look at her; “I just walked out the door — no car, no money. I don’t know where my next meal is going to come from. I should have been freaking out … but it was the most free I had ever felt in my life”
The very next day, an unexpected cheque appeared in the mail of US$1,200 from a man Robbins had loaned money to but forgotten about.
That day was when Robbins claim he knew he was a “wealthy man”.
4. Make sure you choose your business partners carefully.
Partnering with the wrong people at the wrong time, has stalled many succesful business over the years.
Different people have different ideas about methodologies and outcomes.
You must carefully analyse your own goals and needs and compares them with the goals and needs of a potential partner to make sure there will be a good match.
You have to be selective.
5.Keep asking the most important questions that will move yourself and your goals, closer.
Ample Property Solutions would like to help you implement advantageous habits for your own long term prosperity.
The safest wealth creation habit from our perspective, in Australia, is investment in property.
At the right time and at the right location of course.
We make it a habit of only using the best people in our industry !
Contact us today HERE for a no obligation chat about what we can do for you.