Umair Ayub, Fullstack PHP/Python Engineer
Updated Feb 12 · Upvoted by Suchi Nalluri, MS Finance, Polytechnic Institute of New York (2007) and Mithu Deb, MBA Marketing & Finance, ICFAI Business School, Hyderabad
1. Don’t buy a car unless you really need it
2. Never ever buy a new car, buy a used one, it will cost way less
3. Don’t buy expensive clothes or shoes just to show people that you are rich. You will stay broke just trying to pretend looking rich
4. Don’t save all your money in bank, its like burying your money in dust hoping it will grow, purchasing power of money is reduced over the time, its called inflation
5. Try to invest in stocks, or at least buy prize bonds
6. If you have money, buy land or even a house and rent it out
7. If you ever have to buy a house for yourself, buy a smaller one, it costs less to maintain
8. Don’t spend too much on the home you are living in, its not your asset, its your liability
9. Don’t think money does not bring happiness, you can buy clothes, shoes, cars, bike, house of your choice if you have money, if you don’t have money, you will spend your life just looking at other people’s things and getting jealous.
10. Surround yourself with the people of high mentality, people who think big
11. Dream big and start working on it, don’t believe in prayers, they don’t work unless you do
12. If you do not have a professional degree, don’t worry. Show me a billionaire who got successful by graduating
13. Working hard doesn’t means you will be successful, working hard in a RIGHT DIRECTION will make you successful
14. If you fail a few times, don’t think its over, ITS OVER WHEN YOU STOP TRYING
15. Don’t take people’s opinion too seriously, everyone talks to his caliber
15. You do not need to prove yourself everywhere that you are right
16. Develop a habit of thinking outside of box, if you keep following traditional ways to accomplish work, you will end up like most people do
Credits: Habits Of Millionaires
