3 years ago I discovered a secret the key to getting isn't about living life at the extreme like waking up at 4:00 a. m. to get ahead of the competition or taking a daily ice bath to wake up your senses it's actually about forming micro habits tiny habits that you follow consistently these small habits compound over time and not only have a big impact on your finances but also on your physical mental and emotional well-being so in this video I'm going to share with you 17 micro habits that have completely transformed both my finances and other areas of my life and also share tips on how you can apply them to your own life as well let's dive in number one create more than you consume according to the author of Rich habits the Daily Success habits of wealthy individuals the wealthiest people in the world create more than they consume Thomas corley's research found that 67% of wealthy people watch TV for 1 hour or less each day compared to 77% of people who are struggling find financially who watch TV for 1 hour or more each day instead of being glued to the Box think about how you can create something when you create something you develop your knowledge your skills your experience more than you ever will through consuming so to make creation a habit start more maybe just 15 minutes a day doing something that you enjoy this could be something like starting that YouTube channel that you've been thinking about writing short stories or even learning basic coding or something through fun apps then to make sure you're on track do a regular audit of your creation time versus your consumption time it should always show that you're creating more than you're consuming number two create distance from the wrong people there's a saying that is you are the average of The Five People You spend the most time with and this has really struck a cord with me I can't stress this enough if you find yourself surrounded by people who are always talking about other people or putting someone else down or complaining find a way to create distance from that because as long as that's around you you're going to absorb that thinking and it's going to be really hard hard to make any drastic changes to your life you can tell how successful someone is going to be by the size of the problems or by the kind of problems they face find people whose problems are about how to build more wealth the way they do it how to solve a problem how to overcome a challenge they're facing it's hard to do this if you are just starting out and I know two years ago when I was trying to find a place where I can tap into a new Circle I wasn't really able to be in the places that was able to do that so my closest Circle became books podcasts YouTube channels the internet makes so much easier to shift your average number three create an icon do this file I record almost everything whenever I achieve something significant I write it down whenever I reach an important Milestone I write it down whenever I'm Paralyzed by fear or doubt about starting something new I write that down I remember my first live session on this channel being super nerve-wracking but I went through it anyway and I saved the whole process from my fear and my doubt to how I felt after I did it to all the positive feedback I got after after it and how it was received I put my entries into a tab on my notion workplace labeled I can do this and it's just a motivation toour that reminds me about how I'm overcoming things and what I'm capable of life has its inevitable Peaks and troughs and on my down days just revisiting that foul helps to put some pep back in my step and motivates me to reach New Heights number four show gratitude I used to think gratitude journaling was a little bit cheesy until I came across Drsfia godkin work and she really highlights that the secret to happiness begins with gratitude so I started keeping a gratitude Journal at 8:00 p.
m. every evening I get a notification from my day one app and I love using my phone for this because whenever the notification pops up I can just quickly add an entry and then I pick a photo that I've taken that day or I take one at that moment and I write the day's highlights and what I'm grateful for it could be something as simple as getting the perfect coffee or a thoughtful message from a friend or making it to a workout what I've learned is that your mind attracts what you focus on when you actively look for good things that's when life starts to shift instead of overthinking what went wrong I'm always trying to notice the little things that went right so if you want to try it set a 5 minute evening reminder and just jot down one thing from your day that you're grateful for if you're like me and you prefer digital over paper highly recommend trying out the day one app number five automate these two things Warren Buffett famously said do not save what is left after spending but spend what is left after saving I take this principle even further by adding investments into the mix do not save and invest what is left after spending but spend what is left after saving and Investing For example I've set up a system where every month a fixed portion of my income automatically is directed into my savings and my investment accounts before I could even spend a single penny during this has benefited me in two main ways firstly I consistently grow my finances without having to Rack my brain trying to remember when to make manual transfers especially when things get busy and secondly automating transfers means I'm less likely to make imp purchases like that limited time only that turns out not to be such a great deal in The Cold Light of Day number six get specific every year without fail I write down one big Financial goal and when I do I like to be really specific why because the more specific you are about your goals the more likely you are to achieve them so rather than stating a general intention like I will save more money I tend to be more specific such as I will save 30,000 for a down payment for my forever home by the end of 2027 so as well as keeping me motivated I mind being specific with my financial goals helps me break them down into smaller and more manageable Milestones so in my example of saving 30,000 by the end of 2027 I might aim to put away 1,250 each month in order to hit my Target in two years number seven audit these three buckets I've made auditing my spending a Cornerstone habit quarterly for my business and monthly sometimes weekly if I can for my personal accounts and I categorize every expense into three buckets fundamental which is your essential needs fun which is your lifestyle choices and future which is investments in your growth and the future you what I love about this is it's not just about tracking it's about intentional living the intentional spending tracker that I use shows me in real time how I'm doing against my goals whether I'm overall under budget and exactly how much I have left to spend when I do this it's like having a financial compass that keeps me moving in the right direction I saw someone on Tik Tok talking about how budgeting is like being on a strict diet well I actually argue that it's quite the opposite I find it's incredibly empowering no matter how much you earn to have some clarity about where your money is going and when that kind of clarity helps you make financial decisions with confidence if you want to use my intentional spending tracker is completely free it'll make it easy to categorize your expenses and spot areas where you might be overspending plus it also will tell you how much you have left to spend that month to keep on track with your goals number eight learn something new about money weekly you know that saying knowledge is power well Warren Buffett once again puts it even better he says the more you learn the more you earn every week I block out just one hour maybe during my lunch break maybe after dinner to learn something new about money it's not a huge commitment but it makes a real difference So currently I'm deep diving into behavioral Finance understanding how our early experiences shape our money mindset and it's really fascinating to see how childhood experiences even from as young as age seven influences whether someone becomes a confident investor or feels anxious about spending there's always something something new to learn and every little bit of financial knowledge adds up whether it's learning about a new Investment app or understanding how to negotiate better these small lessons keep opening up new Doors number nine stop caring about opinions everyone cares about the opinions of others to some extent and it's one of the most difficult habits to break free from but when you do you start venturing out more and you start taking bigger risks one thing that helped me overcome this and stop caring too much about the opinions of others is asking myself this simple question in the grand scheme of achiev my life's goals how important is this person's opinion if the answer is not very important or something similar I become laser focused on what I want to achieve and how I wanted to achieve it based on my own values not the opinions of others number 10 understanding the yes trap learning to say no has been a really hard one for me to do and according to research published by its Psychology today I'm not alone we all feel this way to a lesser or greater extent it's a phenomenon psychologists call the yes trap it's a deep rooted feeling that we should always say yes to requests to invitations to Opportunities even when our plates are already full the consequence of the yes trap includes burnout it includes resentment and it includes neglecting self-care but there's also missed opportunities by saying yes to everything we lose out on pursuing opportunities that might actually align with our goals a lot more something I found that really helped me with this is really crystalizing my goals when you able to get so clear on your goals you're able to beat the yes trap because it became easier to say say no to anything that didn't further them so step one get really clear on your goals step two whenever a new request comes in ask yourself will this help me achieve my goals or is it a potential distraction number 11 invest in yourself I always say that the best investment you can ever make isn't in stocks in Commodities or even real estate it's in yourself this is because the Returns on self-investment compound in the same way that financial investments do their benefits add up over time so whether you're pursuing your education you're improving your Fitness or you're practicing selfcare putting yourself first is always a Sound Investment talking of self- Investments I wanted to share something with you that's made a massive difference in my life and that is today's sponsor brilliant it's 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