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1. They Plan Their Spending Before They Even Get Paid
👉 In a Nutshell: Plan how you’ll spend your money before it hits your account.
Have you ever seen someone at the grocery store scanning every price like they’re cracking a secret code?
That’s what smart money people do. But with everything.
They don’t wait until their paycheck lands to decide where it’s going 😌
They already know.
It’s like going to a restaurant and ordering your food before you’re starving. Less impulse, better choices.
↪️ Here’s How You’ll Do It
Step 1: Set a Budget: Before payday, decide where your money will go.
Step 2: Use the 50/30/20 Rule: 50% needs, 30% wants, 20% savings.
Step 3: Stick to It: Check your bank account before spending, not after.
2. They Always Pay Themselves First No Matter What
👉 In a Nutshell: Treat your savings like a non-negotiable bill.
Rich people don’t “find” money to save. They take it off the top before spending a dime.
Imagine getting paid and skimming off a chunk just for future you.
It’s like sneaking the best fries from your order before sharing. Except it actually benefits you long-term 😁
Most people pay their bills, buy stuff, and hope there’s money left. Not these guys.
They save first, spend what’s left, and never stress about being broke.
↪️ Here’s How You’ll Do It
Step 1: Automate It: Set up an automatic transfer to savings.
Step 2: Start Small: Even $10 per paycheck is better than nothing.
Step 3: Lock It Away: Use a high-yield savings account so you’re not tempted to touch it.
3. They Track Their Money Like a Hawk Every Day
👉 In a Nutshell: Know exactly where every dollar goes.
If your bank account ever “surprises” you, we have a problem.
Rich people check their money daily. not because they’re obsessed, but because they hate surprises.
They treat their money like a GPS. If they get off track, they correct it fast 😏
It’s like stepping on the scale after a big weekend. You need to know where you stand.
And no, you don’t need a spreadsheet. Just a glance at your banking app does the job.
↪️ Here’s How You’ll Do It
Step 1: Pick a Tool: Use an app like Rocket Money.
Step 2: Check Daily: Look at your bank balance every morning.
Step 3: Adjust Fast: If you overspend one day, spend less the next.
4. They Never Buy Something Just to Impress Others
👉 In a Nutshell: They spend for themselves, not for likes.
Have you ever seen someone flexing a fancy car but sweating their rent?
That’s what not to do.
Rich people don’t waste money trying to “look” rich. They let their bank account do the talking 😎
They buy what makes them happy, not what makes them look good on Instagram.
Because guess what? Nobody actually cares.
↪️ Here’s How You’ll Do It
Step 1: Question It: Ask, “Do I want this, or am I showing off?”
Step 2: Buy Assets: Invest in things that make you money.
Step 3: Flex Later: Get rich first. Then if you still want the flashy stuff, go for it.
5. They Read and Learn About Money Every Single Day
👉 In a Nutshell: They treat financial knowledge like daily exercise.
Ever notice how the people who make the most money always seem to be learning more about it?
☝️ That’s not a coincidence.
They don’t just assume they “know enough”. They keep leveling up.
If money was a game, they’d be out here unlocking cheat codes every day.
Because the more they know, the more they earn.
↪️ Here’s How You’ll Do It
Step 1: Read 10 Minutes: Books, blogs, or finance news. Just something.
Step 2: Follow Smart People: Graham Stephan, Ramit Sethi, or JL Collins.
Step 3: Apply One Thing: Try one new money tip per week.
6. They Automate Their Savings and Investments on Autopilot
👉 In a Nutshell: They let their money grow without thinking about it.
Have you ever forgotten about money in an old jacket, then find it later?
Feels like free cash, right? 🤭
That’s how automation works, except on purpose.
Rich people don’t trust willpower. They set up automatic savings and investments so they don’t have to think about it.
Because if it’s automatic, you can’t forget to do it.
↪️ Here’s How You’ll Do It
Step 1: Set Auto-Transfers: Move money to savings every payday.
Step 2: Use Robo-Advisors: Apps like Betterment invest for you.
Step 3: Forget About It: Set it and leave it alone.
7. They Keep Their Daily Expenses Low and Simple
👉 In a Nutshell: They live below their means. Even when they don’t have to.
Rich people? They’re not out here wasting money just because they can.
They know that keeping their expenses low frees up money for bigger moves.
It’s not about being cheap. It’s about being smart🤓
They’d rather stack money quietly than flex and be broke.
That’s why a lot of millionaires still drive Toyotas.
↪️ Here’s How You’ll Do It
Step 1: Lower Bills: Negotiate phone, internet, and insurance.
Step 2: Track Subscriptions: Cancel the ones you don’t use.
Step 3: Cook More: Skip the $15 takeout habit.
8. They Treat Every Dollar Like an Employee
👉 In a Nutshell: They make every dollar work for them.
Your money can do two things: sit there or make more money.
😏 Rich people don’t let their dollars be lazy.
They invest, save, and put their money to work.
Because the more money works for you, the less you have to work for money.
↪️ Here’s How You’ll Do It
Step 1: Invest Small: Start with index funds or ETFs.
Hi! I'm the founder of Money Vice and a passionate personal finance enthusiast.
Here we love to talk about money using a unique type of blender, where we combine juicy chunks of money lessons, slicing them into bite-sized steps, and sprinkling some South Florida vibe for that little zing! (the perfect cocktail to learn how to stack cash to achieve financial independence).
