8 Rich People's Habits That Will Change Your Life

To become wealthy, you've got to start thinking and acting like the rich do right now. In this video, I'm breaking down 8 powerful habits that rich people use to build and keep their wealth. We're not just talking about saving pennies here - these are the real, sometimes surprising habits that separate the rich from everyone else.

TIMESTAMPS
00:00:00 - Intro
00:00:37 - Habit #1
00:02:20 - Habit #2
00:04:04 - Habit #3
00:06:07 - Habit #4
00:08:47 - Habit #5
00:11:14 - Habit #6
00:13:16 - Habit #7
00:14:52 - Habit #8

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***THINGS MENTIONED IN THIS VIDEO! 👀***

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***BOOKS I RECOMMEND 📚***

I Will Teach You to Be Rich (hilarious how-to book on personal finance for millennials)

The Little Book of Common Sense Investing (Jack Bogle's classic advice on index funds)

InvestED (step-by-step, millennial-friendly advice on how to pick stocks like Warren Buffett)

Unshakeable (this book = courage. blast ALL the fears & misconceptions you have about investing)

Rich Dad Poor Dad (#1 selling personal finance book of all time... need I say more?)

Think and Grow Rich (the ultimate book on money mindset and wealth consciousness)

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***MY FAVORITE MONEY TOOLS 🖤***

YNAB (I literally can't live without this budgeting app, so obsessed)

Wise (like Venmo but for international currencies - I use this app a LOT for my life in Mexico)

High-Yield Savings Accounts (don't settle for 0% when you can get 3%+ on your savings)

Ledger Nano S (crypto storage hardware wallet, because "Not Your Keys, Not Your Crypto"!):

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DISCLAIMERS & DISCLOSURES ❤

This content is for education and entertainment purposes only. Rose does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.

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@itsrosehan is my social media handle on all platforms. I will NEVER message or email you about investment schemes, so please be careful and block & report any scammers posing as me.

SAY HI ON SOCIAL! 👋🏼

[woadwarrior]

1-Buy status symbols (cars etc) using cash that you have, not loans
2- prioritise sleep
3- set goals and execute them (1-3 at a time) ie make actionable tasks
4- Learn to say no
5- focus on becoming the best at something
6- talk to yourself as a winner (positive self thoughts)
7- spend time learning (read)
8- get the right people to surround you

[vaderwashere]

Thanks again Rose, great tips. For #1 - I really like fast cars, but we didn't buy a car over $30K until we owned 2 homes and had kids with 529 accounts. Even now - we both drive nice cars, but our annual car costs (we do an upfront cash purchase, but spread that over the years we own it) are less than 10% of our gross incomes (probably close to 5%). However, once our kids leave the house (still quite a few years), I will likely break that $100K mark for a car. Again, high incomes make this possible, but just saying - even with high incomes and my love for fast cars - we put those on the back burner until we set up our wealth first.

[lorenzorocco]

*Financial planning is like navigation. If you know where you are and where you want to go, navigation isn't such a great problem. It's when you don't know the two points that it's difficult* ...

[sheiscallednv]

This make alot of sense, but even alot of rich people are vulnerable to becoming broke because of their lifestyle, commitments, or bad luck such as not securing a business deal. Sticking to good habits is the tricky part but it is so worth doing!

[MrRikkiRocket]

Thanks Rose! I had to break Habit #2 Sleep - turn off screens 2 hours before bedtime though to watch this video! 😅

[rebeccal.]

Number 6 for me. Just because I have had many people tell me I am stupid and other negative things mainly family so fun. I really need to work on that one for sure. Plus surrounding myself with less negative people. Thanks for this.

[mlwilliams]

One of your best videos to date Rose. Empathy is required for healthy and incredible relationships...and seems to unfortunately be somewhat rare.

[Bitcoin_Gold]

The habit I been doing for many years is don't hang out with negative people.

[beatrix_victoriastation]

Thank you, this is a great video. I enjoyed it at 0.75x

[petergskipton]

Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 15B TC in the space of a few weeks... I'm especially grateful to Aria Cookings, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

[jco]

My most impacting habit is to be one of your subscriber. Thank you for the time your are sharing with us Rose, you're "simply" wonderful :)

[jamesmoon]

I'm 82 and still trying to learn. Why I look forward to your updates. I learned a valuable lesson on the value of cash in investment accounts today from Eric Fry's newsletter. It gave me an entirely different prespective on valuing cash. We can always learn new skills.


Great start using the car purchase example. I have paid cash for cars for the last 30 years. After all, all a car is good for is to move you from spot A to spot B. In terms of status, cars just don't convey much in way of status. As an asset class cars just don't get the job done.

[Fazefaxx]

As a small YouTuber I wish everyone would wake up one day feeling accomplished on their journey. Very inspiring keep pushing 😎

[korneliab]

I’m doing all of these and I am on my way towards the life that I want!

[kirkcanedo]

Delayed gratification, work smart, save money to invest, enough sleep so you can think properly, learn as much as possible.

[kexray]

For iPhones, you can enable "Night Shift" and change the color temperature to "More Warm". No need to wear red glasses.

[Taran]

I found most impactful #5 and #8. Thanks for the video.

[davidespinosaperez]

Yes you are right I need to work on getting to bed early

[pattyheinemann]

I always love your videos. You have helped me so much as far as what I need to do to get my finances. The one that stood out the most to me is talking to yourself like a winner.

I’m a 59-year-old woman long story short I I am slowly getting my savings up, but with Covid and everything I have no retirement

just watching your videos has given me a baseline of what I need to do to to get up to speed to have retirement and assets coming in by the time I want to retire

All of these habits are awesome. The ones that stood out was making sleep a priority, even though I make goals, I’m not executing them, and I really got that message from you today, learning to say no until I get to the financial freedom that I want

perfect example after watching this I had signed up for a wine club. I’m getting ready to cancel it because that’s a want and not a need.

eventually, I’ll get to that point but as long as I have debt, I need to pay that off first.
Thank you for all the videos that you do because they do make a difference and I have learned so much just by watching you

[patrickmorton]

So many valuable lessons. Thank you for taking the time to educate us. Congratulations 🎉 on another great video.