According to self-made millionaire Steve Siebold, author of How Rich People Think, anyone is capable of becoming a millionaire, and if you want to become a millionaire, you will have to make some lifestyle changes and make some sacrifices.

In this report, published by the American network "CNBC", writer Kathleen Elkins presented a list of the most important habits that the rich give up on their way to getting rich.

limited thinking

Siebold stated that "the main purpose of raising money for the majority is retirement at the age of 65, and although the world's rich sometimes lack ambition, they always seek to make a difference in the world through their wealth."

"Don't be afraid to expand your thinking," Siebold said. "At the end of the day, the average person has everything they need to make more money than they can spend."

So, never think like the rich.

Great focus on saving

Rich people appreciate the importance of saving and investing, but they also know that the key to getting rich lies in focusing on earning.

"The masses are so focused on collecting coupons, following a frugal lifestyle, that they miss out on many important opportunities," Siebold wrote.

In contrast, the wealthy reject this thinking even in the midst of a cash-flow crisis, and focus on making money.

fixed salary

According to Siebold, ordinary people choose to earn money by working in a job with a monthly salary or an hourly wage.

The wealthy choose to get paid based on results, and are usually self-employed.

Sebold noted that contentment with a fixed salary is "the slowest path to prosperity, apart from being promoted as the safest. Conversely, the wealthy realize that self-employment is the fastest path to building wealth."

Flexible deadlines

You cannot simply make money, and if you want to build a fortune, you must have a clear goal, a definite plan, and strict deadlines.

"The average person wants to get a lot of things at once, while the wealthy focus on one goal at a time and set a deadline. This is how self-made millionaires make their fortunes," Siebold explained.

Buying things you can't afford

Siebold argues that "the middle class follows a lifestyle beyond their simple means, to the point that they have to spend everything they earn in order to live a decent life."

On the other hand, the rich have many sources of income and are content to cover their own expenses in the first place.

Instead of focusing on spending and saving, Siebold advises focusing on how you can make more money, invest a percentage of it, and spend the rest the way you want.

Entertainment

Self-made millionaire Siebold asserted that the rich "prefer learning over entertainment", as they place great importance on continuing their education after completing university studies or any formal education.

"Go into a rich man's house and the first thing you'll see is a large library of books he used to educate himself for greater success, while the middle class only reads novels, newspapers, and magazines," Siebold said.

toxic relationships

There is a popular saying “Tell me who you are with and I will tell you who you are.” According to Siebold, the people around you influence your net worth.

The self-made millionaire noted, "Successful people generally agree that awareness is contagious, and that associating with the most successful people has the power to enhance your way of thinking and increase your income. In other words, we become like the people we mix with, that's why winners are attracted to winners."

Nostalgia for the past

Ordinary people feel nostalgic for the good old days, while the rich are busy looking to the future and being optimistic about what lies ahead.

Siebold writes that "People who think their best days are gone seldom become wealthy, and often suffer unhappiness and depression."

As for self-made millionaires, they get rich because they are willing to bet on themselves and direct their dreams, goals and ideas towards the unknown future.”

Comforts

The average person often wants to live comfortably, but the rich often motivate them with uncertainty.

According to Siebold, “Physical, psychological, and emotional comfort is the primary goal of a middle-class mentality, but the world's richest realize early on that making a fortune is not easy, and that staying in their comfort zone can be detrimental to their future. They learn to feel comfortable while working in a state of persistent uncertainty.

the fear

"The rich do not give in to a sense of fear," Siebold writes. "They believe very much that they can realize all their dreams, and that every dream that seems crazy to people seems achievable to them."

For this reason, anyone should be willing to leave their comfort zone, which is exactly what the wealthy do.

modest expectations

While middle-class people set modest financial expectations so as not to be disappointed, the rich have exceptionally high expectations and are ready to take on any challenge.

"You won't get rich and realize your dreams without setting high expectations," Siebold emphasized. "An old saying goes 'You get what you expect', but many people limit themselves with low expectations in an attempt to protect themselves from failure."

As soon as they set ambitious goals, they immediately look for ways to achieve them, because the rich, as Siebold puts it, do not wait for things to happen, they make them happen.