Habits of Success

Share This Post

Habits make up nearly half of what we do every single day. This means we need to be very careful and intentional with the habits we create in order to direct our lives along the path of success. Below are some of the most effective habits of successful people.


Show gratitude.

Gratitude is a core value of 101 Financial and it plays a major role in success and happiness. Since success is a journey, not a destination, gratitude helps you to recognize the success you have already achieved on a daily basis. Harvard Health says, “In positive psychology research, gratitude is strongly and consistently associated with greater happiness. Gratitude helps people feel more positive emotions, relish good experiences, improve their health, deal with adversity, and build strong relationships.”


Take time to think.

Daily life is often chaotic with work, goals, family, health, and all the things that need to be taken care of in the short hours of the day. But one of the most effective habits successful people have is taking time each day just to think. This might be in the form of meditating, brainstorming, or reflecting on a memory. However it’s done, the simple act of thinking is a valuable way to generate new ideas and improve decision-making skills.


Choose your social circles carefully.

Associate with like-minded people who encourage you to reach your goals. However, don’t limit yourself to such a small pool of peers that you’re restricted to a singular way of thinking. Expand your social circle to include people who inspire you with different views. Set boundaries with negative people who don’t support you in your goals. Sometimes even family members can be detrimental to success and it’s necessary to make the hard decision to limit their influence.


Create a to do list.

Stay organized by creating a to do list for the day or the week. Successful people make a plan before the start of each day, which makes them more productive when the day is structured as a list of small goals or tasks to accomplish. Furthermore, Psychologist David Coen says of to do lists, “They dampen anxiety about the chaos of life; they give us a structure, a plan that we can stick to; and they are proof of what we have achieved that day, week or month.”


Keep learning.

Formal education is one of the best investments you can make, but there are also plenty of valuable options for informal education. Listen to educational podcasts, take advantage of your local library, and make an effort to read every day. Wealth Academy members know the value of learning how to manage finances, but don’t stop there. Study a new topic, learn a new skill, explore new ways of doing everyday things. However you choose to do it, learn something new every day–another one of 101 Financial’s core values.


Practice self care.

Success isn’t just about money, it’s about all aspects of life. In order to be truly successful, it’s vital to take care of yourself physically, mentally, and emotionally. Eat healthy foods, exercise regularly, and get enough sleep every night. Most successful people have a habit of waking up early, which naturally means going to bed early as well. Make it a habit to unwind every night to clear your mental and emotional slate.


Give back.

The more you give, the more you receive. In his ABC’s of Money series, Alan Akina teaches The 3 S’s of Money: saving, spending, and sharing. Sharing time, wealth, and success is highly rewarding and it’s another way to be humble and grateful, a 101 Financial core value. There are countless ways to give back, whether it’s volunteering your professional skills, buying groceries for a neighbor in need, or starting a scholarship program.


Focus on your strengths, not your weaknesses.

The old way of thinking was to identify your weaknesses and work on them until they became strengths. However, this tendency often meant wasting time and entirely overlooking natural strengths. Gallup says, “If you spend your life trying to be good at everything, you will never be great at anything. While our society encourages us to be well-rounded, this approach inadvertently breeds mediocrity.”  Instead, identify your strengths and work on them until you’re an expert.


Be intentional with your language.

Speak in ways that empower you. Confirm through your language that you have the capability of making decisions and changing your situation. Consider reading The 7 Habits of Highly Effective People in which Stephen Covey compares reactive language (a.k.a. Fixed mindset) with proactive language (a.k.a. Growth mindset).


Sources: CNBC, The 7 Habits of Highly Effective People, Money Crashers, Gallup, SoulSalt, Harvard Health


Wealth Academy Member Exclusive: Log in to your existing account for exclusive access to content from the millionaires guild.

Not a member? Enroll in Wealth Academy today for access to advanced content including courses on millionaire mindset.

Subscribe To The 101 Newsletter

Helpful financial tips, news and information sent to your inbox