INSIDE YOUR POCKET – 11 ways to save like a billionaire
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Financial Planner at Consult by Momentum
Maybe it’s crossed your mind at some point in time that it must be really rather nice to be, well, ridiculously rich. You’ve possibly even given some thought to what car you’d buy, or what you’d want to splash out on for a loved one. But beyond purchasing the odd lotto ticket or being somewhat tempted by that investment ‘opportunity’ that spells Pyramid scheme, there’s not all that much you can do (at least, not legally) that’ll get you rich quick, right?
In fact, Warren Wilkinson, Franchise Principal and Certified Financial Planner at Consult by Momentum, says there is actually quite a bit you can do that will set you on the right track to becoming wealthy – though it certainly won’t get you there overnight.
Wilkinson has noticed several patterns and behaviours that are more commonplace among his wealthier clients. “Yes, well-off individuals typically display a good work ethic and have earned their stripes in the field that they work in, but they’ve also gotten to a very comfortable place financially because of how they save, invest and spend their money.” Wilkinson shares 11 savings habits he has noticed in the uber-wealthy, which anyone can practise. And while they may not get you on the cover of Forbes, they’ll certainly put you in a better financial position over time.
Maybe it’s crossed your mind at some point in time that it must be really rather nice to be, well, ridiculously rich. You’ve possibly even given some thought to what car you’d buy, or what you’d want to splash out on for a loved one. But beyond purchasing the odd lotto ticket or being somewhat tempted by that investment ‘opportunity’ that spells Pyramid scheme, there’s not all that much you can do (at least, not legally) that’ll get you rich quick, right?
In fact, Warren Wilkinson, Franchise Principal and Certified Financial Planner at Consult by Momentum, says there is actually quite a bit you can do that will set you on the right track to becoming wealthy – though it certainly won’t get you there overnight.
Wilkinson has noticed several patterns and behaviours that are more commonplace among his wealthier clients. “Yes, well-off individuals typically display a good work ethic and have earned their stripes in the field that they work in, but they’ve also gotten to a very comfortable place financially because of how they save, invest and spend their money.” Wilkinson shares 11 savings habits he has noticed in the uber-wealthy, which anyone can practise. And while they may not get you on the cover of Forbes, they’ll certainly put you in a better financial position over time.
