Skip to main content

Series: Habits of the Wealthy and how I implement them into my Life (1)

Habits of the Wealthy and how I implement them into my Life

I am not wealthy. Like my page summary, I say I am too poor to be wealthy, but too wealthy to be poor. Neither word truly defines my status here on earth, however I am content with that right now. My goal is to be wealthy, in the financial sense, so that I may give back to those not as wealthy, and so that I may be my most authentic self.

I will confess: I googled many lists of “habits of the wealthy” and chose ones that I felt would help the most people who are in shoes similar to mine. Over time, others may become more prevalent or necessary to work into my life, which will be fodder for another day. I will explain the habits I have chosen and how I have implemented them into my life so that you can do the same.

Meditation

Prior to the end of 2017, I was taking 10-15 minutes in the morning to listen to guided meditation on an app called Insight Timer. This app is fantastic: it’s free, you can search by topic, timer, guided or instrumental, etc. I found the time to be well spent: I would focus on the day ahead, clear my mind of the night cobwebs, and remind myself that the day is starting, and it has the potential, the right to be a fantastic day.

Over time, I have fallen from the habit, and I should revisit it again. I originally sought out the positive starts to my day as a way of dealing with a stressful 9-5 job.

How I implemented it: First thing in the morning, I would listen to a short, guided meditation session, and “snooze” in my bed for another 5-15 minutes. If I felt refreshed and positive, I would start my day thereafter. Sometimes I needed a bit more, so I would either listen to a second one, or I would go to a podcast called Morning Mindfulness, a quick 2-3 minute podcast that is quirky and talks about gratitude or other life reminder, and ends with a breathe and smile reminder. This I would listen to while my coffee brewed and started breakfast. If I needed more, then I would “rinse and repeat”.

The time used for this healthy habit is not any more time than I would normally use, but used in a different way. It is easy to reflect and redirect thoughts while making coffee or pouring cereal. The difference is actually making the change and doing it.


-->

Comments

Popular posts from this blog

MYLO REVIEW: SAVING YOUR PENNIES JUST GOT EASIER

MYLO: SAVING YOUR PENNIES JUST GOT EASIER!
Canadians, rejoice!
The time has come! We finally have an app that does what the coveted Acornsapp does for the people south of us. It’s called Mylo.
Mylo is a Montreal-based FinTech startup that has created the only app for Canadians that mimics the old-fashioned change jar….with a twist.
From their own words: "Mylo is a mobile platform that automatically rounds up every purchase that users make and invests the spare change. Then, once plugged in, Mylo uses its proprietary user transactional data and artificial intelligence to provide personalized insights and recommendations so that users can make better financial decisions. Mylo helps optimize users’ insurance coverage, reduce interest payments, maximize travel points and more." USE CODE BENDNEVERBREAK TO GET $5.00 FREE WHEN YOU TRY MYLO TODAY  NO MINIMUM DEPOSIT TO START  What does that mean and how does it work?
It’s actually pretty simple. If you head to the app store on your phone,…

7 Questions about R.E. Investing from New Investors

7 Questions new investors forget to ask about Investment Properties (Ontario, Canada)

Real Estate investing is a great idea. Start with a small investment, get a mortgage, and buy a property with plans of building equity from someone else’s money. It seems relatively easy - collect money from tenants, and fix the odd thing here and there.
That’s not the whole picture, though few people find this out before they are waist-deep in the trenches. Here are 7 questions from investors looking to enter the rental game:
**Readers: I am not a lawyer or a registered professional. I write from experience only, and will always recommend that you speak to a professional or expert. **



1.I’m a first-time home buyer, and I want to buy a property to rent out. Since I am a first-timer, I don’t have to pay land transfer tax, right?
Not exactly. If you are a first-time home buyer, the Ontario government does offer a rebate of up to $4,000.00* on land transfer tax, depending on a few factors. One such factor is…

Vacation Tales #2: More Nostril Flaring Fun!

Part Two of Vacation Tales:
Oh yes, my darling senior dog had indeed marked my bag. He did the same thing one year ago, just prior to our departure, and managed to sneak it by me until I was at the airport and noticed something funky-smelling… anyways, I digress. We caught it early enough that it was cleanable, and off we go.
It’s a short drive to the airport; about an hour or so. We left the house at 2:30 am, and arrived at the location where we park our car for the week. We had a lovely surprise that our coupon from booking with Sunwing afforded us a low rate of parking for the week (only $60, win!) and they shuttled us to the airport in a prompt manner.
We checked in, and all was well. In due course, we were on the plane, and headed to paradise.
So we thought.
Let’s take a quick tally of the flight: *Plane running a few minutes behind? Check. *Full flight? Check. *Baby on board who cries for take off? Check. *Belligerent man sitting behind us who was louder than a demanding child? C…