How To Think Rich: Guide to Transform Your Mindset and Finances
If you want to start thinking rich, then you have to reprogram your brain from the script you were given at a very early age about money.
Becoming rich is not about luck, working harder, or whose IQ is higher. It all started with the information your brain was given and how it led you to think.
How To Think Rich?
Thinking rich starts with recognizing the words and phrases that your brain uses daily. Things like, ” I can’t afford it”, ” I’ll save more once I start earning more.” Having these thoughts in your brain is just a few of the things you keep telling yourself that are keeping you back from becoming rich. Let’s change that and start rewiring those into thinking rich.
Watch this video to learn how to think rich.
How to Start Thinking Like The Rich?
Rich people don’t wait for permission; they don’t wait for the perfect moment to start. The truth is, most of them are obsessed with becoming rich, so they think differently. The reason most people stay poor is because they believe success is only for people of a certain color, people with families that are already rich, or it’s just not for them.
1. The Rich Think Differently
If you want to start thinking rich, you must ERASE negative thoughts that are keeping you poor.
Why Do Rich People Think Differently?
The reason rich people think differently about money starts with what their brain is wired to think. It all comes down to the amount of risk they are comfortable taking. The rich see taking risks as an opportunity to grow; on the other hand, the poor see it as unsafe, even though it might make them rich.
The rich see problems as opportunities. They use their ideas to turn them into income, and they overcome their fears.
Rich people see money as a tool and not something to spend. They use their money to invest in things that will make them more money. Their investments are non-negotiable because they believe that their money should be working and not sitting in a bank account.
| Rich Mindset | Poor Mindset |
| They see money as something to grow | They see money as something to spend |
| They don’t trade time for money | They trade their time for money |
| They leverage money so they can make it while they sleep | They wait for a promotion at their jobs |
2. Start thinking like the 1%
In order to become rich, you have to start acting like the 1%. It starts with understanding that saving alone won’t make you rich; investing your money into assets will help you grow your money. The first thing you must do is get into the right habits.
Instead of spending all your paycheck on your bills, automate 20% each month towards investments. Getting into this habit will help you get ahead of 99% of people who are trying to become wealthy.
It’s important to note that small habits done consistently over time compound to significant results that lead you to financial freedom. It’s never about making one big jump but having these habits as a daily routine.
For example, if you read 2 pages daily for 5 minutes, that’s 730 pages or 3 new books in a year that taught you something new. And the time it took surely adds up to creating a huge impact on how much you know within that year. It’s the same thing with money; you invest consistently, and interest compounds on your money.
3. Start thinking long term
Most people think in days, but the rich think in years. When you think long-term, you make decisions for your future self. For example, how many assets should I own in the next 5 years? How much will my investments compound to in 3 years if I put down 10k now? These are the things rich people think about long-term. They understand that thinking long-term is where the real growth is.
4. Start thinking where the rich go
Directing your time and money is important if you want to become rich. Being specific about what you invest your money in and diversifying it provides direction and growth for your money. Knowing where rich people hang out and what they do helps to give you directions on becoming super-rich. It’s important to surround yourself with people who are already at a place you want to be and ones that can elevate you.
5. Start thinking Bold
One of the traits rich people have is that they think highly of themselves. They know that confidence starts with what they know, what they think about themselves, and less about what the world has to say about their abilities. They walk into rooms believing they’ve already won, and without fear. The rich know that confidence starts with appreciating yourself, acknowledging that they don’t know everything, and creating a genuine connection with others. They aren’t afraid to learn, and they focus their energy on being positive.
Start Thinking Like The Rich Wrap Up
To sum up how to think like the rich, you must decode the things you were told about money while growing up. Reprogram your brain to think positively and strategically about money and not be scared. Thinking like the rich requires an unstoppable mindset. Understand that rich people think in years; they don’t trade their time for money. Instead, they leverage money to work from it and make money while they sleep. Saying no is not being selfish; it’s peace. Never save your money, invest it in assets and not liabilities. Thinking like the rich doesn’t require you to be smart, but strategic. Learn to break bad habits, and your mind will adapt to change.