Your financial health doesn’t start with your job — it begins with your financial mindset: your ability to look at the bigger picture to attain wealth. That’s what differentiates the rich from the poor.

Here are 10 big-picture lessons that you can learn from the rich to turnaround your financial health:

1. You hold the steering wheel of your financial life journey. Own it and take full responsibility.

When issues appear, poor individuals find fault, grumble, and defend their weaknesses. They accuse everybody except themselves for their miserable finances. They also whine about how awful their way of life is, and how things always turn bad for them. Nothing goes right. The poor blame the whole wide world for their predicament.

In contrast, the rich have a success mindset. When a problem surfaces, they see it as a challenge to be overcome. They don’t look for someone else to take the blame either – they acknowledge full accountability and to gain from their missteps and change if need be. They realize that having cash is significant and do anything they can to pull in the money into their lives.

So, poor people, people with not-so-good financial health, wake up. Take back your financial life. Own it. Only you can change it, nobody else.

2. Time is money. Waste it and it is gone forever.

“Time is money”, “Time is your most valuable resource!”. You have heard about these, right? But yet many working adults waste time on matters that don’t bring them any closer to their financial goals.

Are you spending your day on things that matter to you?

To the rich, time is worth much more than money. The rich would not hesitate to buy time but the poor don’t appreciate and waste time. And yet, the poor always complain that there is not enough time.

The rich placed more effort and time into tasks that fabricate achievement and wealth. Instead of sitting in front of the TV binge-watching The Simpsons, work on improving your skills. The rich understand the value of their time. They recognize whether a task brings benefits or if it for entertainment’s sake.

3. Toss out negative influences.

The rich would not hesitate to drop or cut-off the negatives (people and habits) in their life. For instance, cut down hanging out time with your so-called buddies who like to chill out daily doing things that don’t move you towards success. Ignore the doubters in your lives or cut them out.

Some of your family members may also hold you back, suppress and discourage you in achieving your ambitions though unintentionally. Listen with a grain of salt but do not show disrespect.

4. “Aim High, Shoot High” – Setting High Standards/Goals.

If you target for a “good” result you will get a “medium” outcome. If you target for “out of this world” results, you will get “excellence”… and this is what the wealthiest do: set high expectations.

Want to be the best and come out winning in all your endeavors? You have got to want it and work on it to be the top. Nobody remembers the runner-ups, the second places, the silver medalists.

Being wealthy is intentional by setting high financial goals. For example, your goal is ‘net worth to jump by 50% in 5 years’. And not lame and general targets such as ‘living a comfortable life’, ‘comfortable retirement’ or ‘happy to survive past 65 years old’.

You must be rich or not rich. That’s it. No in-between. If you are pursuing “comfortable” or “survival” themes for your goal, then riches is already beyond your reach.

Remember, your ultimate purpose is to amass wealth and be filthy rich. Be bold and straightforward. Never fear thinking big.

5. No Risks, No Gain.

“But..”,”What if…”, “I’m worried…”.This is how the poor answers to taking risks, afraid of failing. This lack of faith and confidence prevents poor people from acting rather than thinking. They are never ready to take that chance and change their lives.

Rich individuals respond with a “Yes!” whenever possibilities come knocking. They trust that it will work, that they will rake in tons of cash and that their associates will be green with envy. Rich individuals comprehend that one of the most significant successful secret of millionaires is grabbing onto opportunities when they emerge but knowing the risks involved. They think, and afterwards, they act, to take advantage of the possibilities presented, despite the hazards.

6. Be Your Own Boss…. Ultimately. Meanwhile, work to learn.

No multimillionaire accomplished their riches with a “stable salary”. Fixed salary is for individuals who aren’t sure of their value, or who imagine that they are worth what their manager thinks they are worth. Basically, you are exchanging your time for cash.

Rich individuals don’t exchange time for cash – they would rather exchange value for cash. Confidence and knowing their value is what the rich are known for. And never one to report to another person but themselves.

7. Financial Success = Increasing Net Worth and ≠ A Large Salary

The poor concentrate on getting a promotion and a higher salary but the rich pay attention to increasing their net worth.

Earning your salary is the beginning. You work hard to make that money. Use that as “seed” money to work harder for you to earn more money. How? Invest. Not saving. Saving would not develop wealth. Investment will.

The rich realise that wealth creation depends on investing. Poor people (risk-averse) don’t notice the opportunities for investment, they only see the risk.

8. It’s not sufficient to work hard… work smart also.

Rich individuals toil very hard, but they work smart as well. For the rich, working hard is a short-term process, while it is a long-term period for the poor. The wealthy people are working hard because they enjoy their careers and to learn. While the poor are working hard to make ends meet, to pay the bills.

Grow your money to increase the net worth – this means you want your hard-earned money to work harder for you… through investments and other strategies. Feeling overwhelmed by all the ins and outs of the investment world? Then get help … from a financial advisor.

The rich hired help from financial advisors to maximize their money earning power. Entrust tasks (like investment planning) you are not familiar to a professional who can assist you to stay on course and prevent making costly investment blunders while you manage your busy life.

9. Learn and work for personal development.

You must have a solid base to build your success upon.

Constantly seek to improve your professional skills and find out more ways of the millionaires in increasing wealth. This includes attending wealth building programs, lots of reading (not for pleasure but to gain information), networking with the wealthy people or doing what you can to further your personal development. This helps you to thrive constantly while working to achieve financial independence and prosperity.

10. Honesty is the best policy!

Yes! You better believe it. Pure simple honesty in your business dealings will attract money. If you want to get wealth, it will be through dealing with people. We make money by doing business. And business is at all times with and through people.

There is a well-liked trade maxim that supports this:

“People only do business with those whom they know, like, and trust.”

If you cheat, and no person trusts you, getting business, building partnerships, and closing offers can be exhausting. Maybe even unattainable.

So, the primary rule to apply to attract wealth is to be a man of his words. Our integrity acts as a powerful tool to attract income.


Regarding financial well-being, look to the individuals who’ve done it. For example: the rich individuals, the tycoons.

Your financial objectives, aspirations, and dreams have most likely previously accomplished by another person. Also, regardless of whether no one has accomplished your particular objective, the principal financial mindsets of success are the same.

By tuning in, learning, and executing guidance from rich individuals, we put ourselves in the best position to accomplish what we need…great financial health.

You May Also Like:

Are there any other financial lessons you have learned from rich individuals? Please share.