What’s Luxury Got to Do With It?

Derek Notman |

TThe perception of being wealthy and living in luxury has always been painted with a broad brush that doesn’t necessarily reflect the most financially successful people in society today.
Your advantage in life is not a rare financial privilege but rather the fundamental values and disciplines you live with. Discovering a sense of potential is often the catalyst for making the most of every opportunity.
Find out which traits the wealthy have in common and what behaviors you should adopt if you haven’t already.

They Invest in Themselves

Investing in yourself doesn’t mean spending thousands of dollars on retail therapy or a fresh new makeover; instead, it refers to investing time and resources in self-development. This is a secret to success, and most affluent people you’ll ever come across have already hopped on the bandwagon.

Personal investment can entail learning a new language, taking classes on something of particular interest, focusing on health and fitness, or even reflecting upon ambitions to determine your goals.

They Constantly Remain Curious

A self-minted millionaire is always curious. They maintain their hunger for understanding and the exploration of things. Their curiosity is never delighted, which fuels continued earnings and growth. Trying to approach situations and conditions in innovative ways tends to shed a unique perspective on the tasks put before them.
When faced with a complex situation, it’s easy to seek the fastest and safest route out or give up. However, the ultra-rich often take the path less traveled, tackling the toughest of ways out of a situation, but reaching the root cause of this situation and tackling it more effectively because of it.

They Surround Themselves with Smart People

Motivational speaker Jim Rohn famously said that we are the sum or average of the five people we spend the most time with. For this very reason, happy millionaires surround themselves with intelligent people, learning from their reasoning on different matters.

The conclusions people reach aren't of paramount importance here. It's more about how they get to those conclusions that you should be interested in. By spending more time in the company of smart people, you learn how they perceive situations which will, in time, refine your thinking and steer you toward success.

They Rarely Eat Alone

Eating together with your inner circle gathered around a single dining table is the best way to stay abreast of current business and personal affairs. Rather than getting half-baked news from blogs or papers, those with a luxury lifestyle choose to keep things simple, interacting with each other on a one-on-one basis to stay sharp and informed.

They Have Strong Role Models Growing Up

While the affluent don’t always have parents who know how to build generational wealth, the majority are raised in environments where they are encouraged to pursue their interests while setting firm boundaries. As a result, specific values, such as academic achievement, financial discipline, work participation, family loyalty, and civic duty, are stressed more than others for the wealthy to grow up to encourage them to prosper.

They Own Their Mistakes

When things go right, we tend to be a little too eager to take credit for it, yet when things go south, a person readily accepting blame is rare, but this is precisely the billionaire mentality.

The super-rich usually don’t hesitate in accepting loss and facing the fact that they were at fault for things not panning out as imagined. They often go a step further and make amends for the mistake. Essentially egos aren’t huge for the wealthiest people; they see the value in their mistakes and consider them the building blocks to success.

Health and wealth are intrinsically linked with healthy habits the jet fuel to help you remain your riches.

Did you know 75% of all rich people do regular workouts, especially aerobics? Exercise helps us to work more efficiently. People who exercise tend to have a more optimistic approach toward life. This further helps them to take calculated risks and embrace opportunity when it presents itself.

Now that you have the keys to a treasure trove of insight into the most common traits of your fellow wealthy individuals, I hope you can use them to influence your luxury lifestyle to live your best life today and tomorrow.

Sending positive your way,

 

Derek Notman