Home Financial Planning Habits That Will Help You Become Rich In 2022

Habits That Will Help You Become Rich In 2022

by Amarachukwu
Habits That Will Help You Become Rich In 2022

Do you want to become rich? Are you struggling financially? Are you intentional about legitimately changing your financial realities? Do you know that your habits determine how rich or poor you would be in your lifetime? Are you willing to learn and imbibe those habits that will help you become rich in 2022?

If your answer to the questions above is yes, then this article is for you. When you look around you today, you see a lot of people sad, depressed, angry and traumatized. When you have a heart-to-heart talk with them, they have one financial problem or the other. From bankruptcy to bad loans, to poor performing businesses, to unemployment. All these problems and more translate to one thing- Poverty.

So many people are poor today, not because they lack opportunities to thrive financially. Heck, some once had great jobs, ran successful businesses, had everything working for them, but still lost it all! No thanks to bad financial habits.

Sadly, these habits have made people with excellent careers become beggars. Some became homeless, even after being in control of huge sums once.

What then are these habits that are capable of hampering an individual’s financial growth? We need to identify them first because we cannot talk about solutions without identifying the problems.

For us to pinpoint habits that will help you become rich, we need to identify and remove the habits that have made you become poor. There are numerous habits that keep you in the poverty line, some of which are;

Habits that have made you poor

  • Sleeping at the wrong time.

Yes, it’s as basic as that. A lot of people are poor today because they sleep the better part of the day.

Nobody becomes successful by sleeping their lives away. To legitimately make serious money, you must be willing to work your ass off!

If you keep late nights, you may want to adjust that as it may be the reason you are unproductive in the day.


  • Not taking health seriously.

It is a general belief that ‘health is wealth’. In his life-changing book that revealed the Strategies that transformed average people into self-made millionaires, Thomas Corley emphasized how harmful bad habits like poor health can be to an individual’s financial growth.

An unhealthy person cannot focus on securing the bag. As you hustle and grind, take some time out to visit the hospital and take care of yourself whenever you feel sick. Remember, you can only make money when you are alive.

  • Do not read.

Becoming wealthy requires more mental activities than physical activities. And just as exercising your body keeps you fit physically, reading keeps you fit mentally.

Rich people are always reading something, feeding their minds with information to maintain their wealth. They are always keeping up to date with the news and trends in their industry. Poor people are always too ‘busy’ to read.

  • Relying on a single source of income.

Nobody gets rich from one source of income. Doing this makes you live from paycheck to paycheck.

That’s why, if anything happens to that singular source of income, it becomes easy to go down the poverty line.

  • Refusing to set a budget.

All individuals, companies and governments need a budget. Many people are poor today because they refuse to set a budget. When some do, they fail to stick to it.

Not having and sticking to a budget makes it impossible to track your spending and the possible harm it may cause your finances.

  • Not saving.

This has become a recurring habit for a lot of poor people. When you don’t save, how do you work on a budget? How do you plan for retirement? How do you plan for your child(ren)’s tuition? How do you invest? How do you live a debt-free life? How do you seize life-changing opportunities when they come?

  • Ignoring ‘little expenses’.

Some ‘little expenses’ are capable of affecting your financial strength. More often than not, when people go through their account statements, they may find unnecessary expenses that they can do without.

For some spending, you do not have businesses purchasing the expensive brand. There are cheaper alternatives to lots of expensive products/services.

Habits That Will Help You Become Rich In 2022

  • You date the wrong people.

Yes, sometimes, you are poor because of the relationships you keep and more importantly, the romantic relationships you are involved in.

Sometimes, poor people are guilty of dating toxic and pessimistic people. People who don’t see beyond their nose, are ignorant and cannot push their partners to take that life-changing step towards financial liberation.

  • Procrastinating.

This is another wealth-killing habit. Many people are poor today because they always have reason to postpone instead of act.

Overcoming financial stagnation requires that you take cautious steps as early as possible. It is okay to plan. But while you do that, start taking the necessary steps.

  • Drunkenness and Gambling.

Sadly, this has become worrisome, especially among the poor. They claim to be sad and surrender themselves to excessive consumption of alcohol. And in some extreme cases, drug abuse. This makes it difficult for you to think about wealth creation and the steps to take.

Gambling is another bad habit of the poor. As against hard work, poor people believe that they may get ‘lucky’ and win some life-changing amount. Instead of putting the little they have at hand into productive use, they give it all out to the gambling company and go deeper into poverty.


While we have identified some of those habits that have made you poor, What then are those habits that will help you become rich?

Habits That Will Help You Become Rich in 2022

Habits That Will Help You Become Rich In 2022

  • Get a mentor.

Poor people are always in the company of their fellow poor folks. Every time they look around, they see faces in similar situations. This is dangerous for them.

Finding a successful mentor will make their journey to riches easier for you as you will learn not to repeat the same mistakes as your mentors while they were climbing the success ladder.

  • Leave your comfort zone.

Your comfort zone is a danger zone. Getting rich requires taking calculated risks. But if you don’t want to leave your comfort zone, it may become difficult for you to become rich in 2022.

If you want to be rich, you need to learn to leave your comfort zone. Expand your horizon and take calculated risks.

  • Ask questions.

Nobody knows it all. Some people are poor because of their egos. Some, because they are too shy to ask questions.

We all need pieces of information from others; especially those who know what we don’t.

Some people stumble on investments and put their life savings into the same without asking adequate questions from professionals. This act has caused so many people to lose their funds and become poor.

Do not be like them. For everything you do and you are unsure about, always ask questions from the right people.

  • Do not be consumed by failure.

Failure is part of the process. There is nothing wrong with falling down. What is wrong is staying down. Whenever you try and fail, dust yourself up, review your steps, learn from the incident and try again.

Do not wallow in self-pity because you failed. At least, you now know what NOT to do when you try again.

  • Don’t second-guess yourself.

For every step that you take, do that with confidence. Do not start a venture expecting failure. This can affect your mind and the execution of those steps. Be confident in yourself, have a winning mindset and see things falling into place.

  • Follow the 70-30 rule.

Are you employed and serious about getting rich? Then you need to take the 70-30 rule seriously.

The 70-30 rule says that you live on 70% of your net income, while you dedicate the remaining 30% to investments and savings. It may seem insignificant at first, but with time, the little drop of water becomes an ocean.

It is another sure way to start earning passive income alongside your active income.

  • Automate your expenses.

This is an important reason why you should budget electronically. A budgeting app makes it easy to automate recurring expenses like cable subscriptions, water bills etc.

You can also automate your savings on the budget app. This makes the arrangement of your finance clear and easy to note errors and have them fixed.

  • Prepare for emergencies.

In life, hope is not a strategy. You cannot wish emergencies away. Rather, prepare for them. So, when they come, you are calm and able to wade through without having to run from pillar to post.

Review and have comprehensive insurance for your important items (car, house) against unfavorable and unforeseen circumstances that are capable of throwing you into a financial mess.

  • Don’t increase your spending when you start earning more.

This is one of the reasons some people have remained poor. Increase their pay this month, they want to change their car to a luxurious one the following month.

Doing this will keep you at the poverty line.

Instead, see your salary increments as an opportunity to save more, invest more and increase your chances of earning more. Money is never too much for anyone.

  • Maintain a life-work balance.

While it is fine to get a great job, make sure you are not on a job that messes your body, mind and entire life up. Stay away from toxic work environments. Be careful of jobs that constantly keep you away from your family. Remember that when the chips are down, it is your family that you will fall back to.

You need to maintain a healthy work-life balance. Do not jeopardize it with anything.

  • Continue to improve on yourself.

Success is not a sprint, but a marathon. Therefore, prioritize your personal development.

Take courses that will improve your career and increase your chances of earning more. Continue to diversify your investments. See that you do everything you can to improve yourself.

  • Explore additional sources of active income.

While you maintain your 9-5, you do not necessarily need a raise at it; especially if it’s not coming forth.

Although it is okay to invest and earn passive income, you can also earn additional active income in the gig industry. You can try blogging, graphics design, affiliate marketing amongst others. You can even drive for ride-hailing companies in your spare time. All these would translate to more income for you.

  • Pay off your debts.

Ensure you always have your debts paid monthly. Especially your unsecured loans. Refusal to pay your debts has the tendency of affecting your ratings and entire financial strength.

The thought of lingering debts is also capable of affecting your focus on what you need to do to be rich and improve on your finances.

But when you pay off your debts, you become calmer and more focused on your goals.

  • Maintain lifestyles that reinforce happiness and wealth.

This is not an attempt to encourage you to live above your means. It is to encourage you to live for the moment that you aspire for while maintaining happiness.

While you work and strategize on your plans, radiate happiness. Don’t go about beating yourself up or making trouble with people.

  • Network

There is a saying that “your network is your net worth”. Be intentional about the kind of people you meet and mingle with. Make sure that they are people of like-minds. If possible, people that you look up to.

Attend networking events, your school alumni meetings and other avenues to meet with people that are going to be instrumental to your growth.

  • Volunteer 

Most times, people don’t pay attention to this habit, but it is mutually beneficial to you and society.

Aside from giving their money back to society, the rich are known to give their time when they can. You can do the same. You can volunteer in your community.

Mayo Clinic suggests that when you volunteer, you are happier and live longer.


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