Here’s Why You Aren’t Successful At Anything In Life

Here’s why you aren’t successful at anything in life. Fixing these aspects may help you become financially independent today!

The billionaire Warren Buffet once told:

“The difference between successful people and really successful people, is that really successful people say no to almost everything” – Warren Buffet

With that out of the way, let’s dive right into it.

Why are you not successful? Here are the top six scientifically proven reasons why you may not be successful at anything. These are really high-quality reasons.

The biggest reason why you aren’t successful is:

You ask the wrong question!


Woman thinking. Thinking means asking and answering questions in your brain. Ask the right question for massive success.

How do I know that? First of all, you wouldn’t be reading this article 😀 Alright now pay attention. The ONLY difference between you and all the rich and famous people or whoever you want to compare yourself is the following: they ask better questions, so they get better answers. That is the only difference.


For example, you start an Amazon shop, trying to make some side money. It’s hard at first, you see no results nobody is buying your shit, it is so difficult in the beginning. Now, most of the people in this situation would ask “Why is my shit not selling?”, That is the question they would ask. Oh, son, that’s an entirely BS question, because if you ask this, you are going to end up with a shit answer. The better the question, the better the response. ASK BETTER QUESTION!

Your problem is you don’t sell right, Instead of asking “Why can’t I sell anything?”, you should ask “How could I sell something?“, You see? How the quality of the question changed in an instant? Now when you ask this type of question your brain automatically is going to think of some solution, ways to solve your problem. Thinking leads to action, and action leads to results, so results lead to money.

Do you get this? 99 % of the people ask the wrong question all the time, “Why are my grades bad?”, “Why are my parents poor?”, “Why am I so fat?”. These kinds of question will lead to wrong answers (DON’T ASK THINGS LIKE THAT!). An answer that will not serve you in any way. So make sure always to ask the right question, this is the only difference between you and the man with the millions.

Qualitative question lead to qualitative answers, qualitative answers lead to action, action leads to results and results lead to cash.


The questions you ask yourself on a daily basis control your life. So always be aware not to ask the wrong question!

The second biggest reason why you aren’t successful is:

You dabble and then quit, you don’t fully commit to something!A dude quitting his job lmao

99 % of the people stop something when they face a challenge or a problem, let’s say you sell t-shirts online, it’s kind of hard at first, you put in all the work, and you almost get nothing in return.

Or another example, you see an article on how to make $1000 a day online, you see him talking about affiliate marketing in the article (First and foremost to really succeed big in affiliate marketing you need to have a brand), and you give it a shot, you try affiliate marketing, you pay for some courses, some startup costs and all that, you try it and months later, you still didn’t even get the money back you put in to all of this.

NOW 99% of the people stop at that moment; they quit, they say this is not working. This is hard. I can’t do it. Now that is where 99 % of the people stop. They stop when It’s not working for the first time (HUGE MISTAKE)

And the 1 % who keeps going through the challenges is the one who not just succeed, but they end up with far more than success, legacy, pride, money & wealth.

Did you know we people are unimaginable pros in finding a reason why we can’t? You see all the reasons why you can’t. But not a single reason why you can.

They try a way to make money, but as soon as some difficulties come up they quit and try the next thing

That person is called a dabbler. They go through everything in life, they taste everything, but they never commit to one thing. And then you meet these people telling you, ah man don’t go to the gym I tried it for a year, and I’m still fat. It’s not working. (Be careful of those people)

If you don’t want their life, don’t take their advice. 

Whatever you do in life, whatever you start, you are going to face challenges, you are going to meet these moments of I can’t do this. I will fail. I will never succeed. First of all, if these moments appear ask better questions, how I told you before, asking the right question leads to the correct answer.

You should start something, no matter what may it fitness, selling products online, real estate. Start it and commit to it. Commit means stick to it at least a decade. Alright, now I probably shocked you, Suheyl a decade? Not even close to 1% do that, 99% stop after the first month (And that is why they will never succeed at anything in life!), but if you keep on going eventually one day you will succeed. Because if you think “Hey ill just start this one thing and make some money and go to the next thing” then I’m sorry, but that is not how life works. The faster you earn money, the quicker you can lose it.

Now, remember, whatever you are trying to succeed in, as soon as you face a challenge keep pushing. Failure is necessary for success. Its impossible to succeed without failure (or if you are intelligent you can learn from the failures of successful people and avoid their’s on your success path. Ingenious way to succeed.)

The third most significant reason why you aren’t successful is:

You don’t value time!

Value time

Unsuccessful people don’t value their time. They are everywhere, anywhere, anytime because they lack the ability to dedicate their time towards their goals. And year after year they make new promises which never come to fruition simply because they couldn’t be bothered to put in the time required towards their goals. Time management skills, learning how to say no and knowing what commitments to undertake, is a step towards great success in any area of our lives.


Don’t Waste time on things that don’t matter = Don’t waste time on things that won’t make a massive difference in life!

The fourth biggest reason why you aren’t successful is:

You have the wrong friends!

A girl getting mobbed

Did you know that you are the average of the five closest people to you? That is because you spend most of the time with them, so you unconsciously start adopting their belief & mindset. Now, this could be a good thing and likewise a bad thing.
If the five people closest to you are broke, then you probably are/will too. Now statistics don’t apply to everyone, but most of the time that is the case.

And even more interesting did you know if you hang around 4 millionaires you will be the fifth? When I heard that i was shocked. Having the right friends is like a cheat code. For example, if you spend one day with a millionaire, you will see his morning habits, his routine, the things he is doing, the mindset he has, how he talks to other people. You start to look at how a successful person lives and unconsciously start adapting their mindset and strategies. That is very good. It helps you become a person of value.

“Show me your friends and I’ll show you your future” – Dan Pena

Dan Pena the 50 billion dollar man said to write down all of your goals on the right side of a paper. Then on the left side write down every single person you meet within a week. From Sunday midnight till next Sunday midnight. Write down every person you meet, doesn’t matter who, if it’s your girlfriend, your side chick, your boss or your skype friend. At the end of the week compare the people you met to your goals. Do they even match up?

It just shows you how many people you hang around who aren’t related to your goals. They do not help you achieve your goals in any way, but you still spend 4 hours a week with them. Avoid these people. The more you hang around people which help your goals or are related to your goals the faster you will achieve them. I promise 🙂

The fifth biggest reason why you aren’t successful is:

You procrastinate (98 % of people are infected with this poison)Don't procrastinate!

“Procrastination is the thief of time” – Suheyl Ünüvar

The funny thing about this one is that they are usually self-proclaimed procrastinators. They see no shame in it. This goes back to them never understanding the value of time. They are okay with living a life that keeps up with yesterday. They live life as though they have another one in the bank. Let’s see how round one goes and if all else fails we press next or rewind or pause. Understanding that you start dying the moment you are born and wisdom to realize that every day is a gift and you owe it to yourself to do everything you can do in those twenty-four hours because nothing’s ever promised today tomorrow.

Scientists say “95 % of people procrastinate.”

Beating Procrastination

To me, the key finding from the study by Dianne Tice and Roy Baumeister is this:

“The present evidence suggests that procrastinators enjoy themselves rather than working at assigned tasks, until the rising pressure of imminent deadlines forces them to get to work. In this view, procrastination may derive from a lack of self-regulation and hence a dependency on externally imposed forces to motivate work.”

Self-regulation, self-control, willpower, are all things that we overestimate. We think: “Yeah sure, I will write a novel in 3 weeks.”

In our minds, we’re all geniuses and mentally healthy. But when the work comes, we cop out.

If you’re a procrastinator, you can’t help but delay work. And that’s true for the small and big tasks.

Sure, everybody fears to step outside of their comfort zone — that’s why we call them comfort zones. It takes courage to make a bold move.

But it sure doesn’t take any courage to complete small tasks like paying bills, printing out something for your boss, doing taxes, etc.

The truth is: Procrastination has nothing to do with what you’re trying to do — small or big, it can wait until later. It can always expect, right?

The sixth and last biggest reason why you aren’t successful is:

You don’t take massive amounts of action!Some people climb up the wrong ladder!

To succeed you need to take massive, unbelievable amounts of action. Everyone wants to be successful, but to differentiate from those who are and those who aren’t you need to take massive action. Massive action means 10x everything. 10x all of your efforts. For example let’s say you work 8 hours a day, 10x that, but now you ask me Suheyl how the f*ck am I supposed to work 80 hours a day? Massive action doesn’t only mean work harder, it also means working more productive. Not wasting any time, whatever you are doing try to 10x it if you post one blog posts a week post 10. Do you understand that? This is crucial for success.

The path to success is massive, determined action.


The six biggest reasons (sorted by how heavy it affects your success) why you aren’t successful are:

  • You ask the wrong question!
  • You dabble and quit; you don’t fully commit to something!
  • You don’t value time!
  • You have the wrong friends!
  • You procrastinate (98 % of people are infected with this position)
  • You don’t take massive amounts of action!

I still believe asking the right question is the most important thing to achieve the millionaire status. By the way, not just me thinks that tony the legend robbins also explained that in his book “Robbins Power Principle.”

Fix the six points above, and you are on the right track of creating a successful life.

By the way if you want to know how to afford anything in life, then make sure to read this article.

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If you want to find the silver lining in your life, become extraordinarily happy and create the life of your dreams, check out my latest book about marketing cheats & hacks.

Click here to take a look at the book now!

The best book about marketing!!

Did you know that by adopting the habits of millionaires you can cut out 70 % of the essential work & effort it takes to be one?

No? Even better because I wrote a whole book on it only for you with the purpose of helping become financially independent this year AND had success in all areas of life.


And I promise you if you adopt their strategies, you will be a millionaire in a matter of months. You will be able to afford anything! (No joke, the tactics mentioned are worth millions!)


The only book you need to succeed this year!


Top 10 Rules For INCREDIBLE Success In Personal & Business Life 2019

Adapting these rules could drastically increase the time it takes to be successful. Nevertheless hard work is always required for Success!

Here are the top 10 rules for INCREDIBLE success in both personal & business life 2019!

Rule Nr. 1: If you can’t explain it to a six-year-old, you don’t understand it yourself 

When you are planning a new business idea, don’t get too complicated. Why? Because complicated things never work out. Remember that for success!

Simple ideas always succeed. Look at the richest people on the planet: How do they earn their money? They have simple ideas. For example, someone needs a website, what do you do? You code one for them and get paid. Straight and simple.

Complicated business ideas are out of the ordinary. They simply sound fishy.

Whatever business idea you have, make sure it’s not complicated. A good indicator is “if you can’t explain it to a six-year-old in 60 seconds, you don’t understand it yourself”. Why? Simply because if your idea is too complex you will have difficulties implementing it and bringing it to market. And that will result in a waste of time and money. So always try to have simple ideas.


Rule Nr. 2: If you don’t want their life, don’t take their advice.

Would you take advice on how to lose weight from a fat person? Like he himself didn’t even had success with the advice!

Or they tell you how to be a millionaire but they themselves are in debt. Why would you take their advice?

These people could be your friends, family or loved ones. Be careful about whom you accept advice.

Dan Pena the 50-billion-dollar man once told, show me your friends and I’ll show your future.1 What he means with that is, the people in your current environment show what you will be in 20 years from now.

He told, note all your personal goals into one paper, then after you did that, not every single person you meet or talk from Sunday midnight till the next Sunday midnight in another paper. Then after you got the list, it maybe 50 or 100 people, you go through the people you met, and ask yourself what does this person has to do with my goals?2 This is a very good exercise. You should try it out. You will then notice that there are many people that just distract you in life, they give you invalid advice.

Rule Nr. 3: Kaizen! Go with the mindset that you will suck at first! Everybody sucks at first! Nobody was a pro in the beginning.

Know it, then accept it.

For example, if you are trying out something new, which you have never done before in life, you will suck in the beginning.

Playing basketball, coding a website, painting, etc. Many people will stop right away, they will say: “It is too difficult!”, “I can’t do this!”, or “This is not for me”. They will have the greatest excuses why they can’t. But if you accept the fact, that you will suck at first and get better day by day, then you will succeed.

Kaizen means taking small steps every day for huge success on the long term.4

When you are looking at the most successful people in the world, I can tell you right away they didn’t go there overnight.

If you just take small steps for example 1 hour a day, and that every day for a year, you will succeed. But if you decide to give up, you will just end like the 99 % of the world. The 1 % are the ones who kept on going no matter what.

Rule Nr. 4: People want things they don’t have or can’t have!

For example, if you want a brand-new car, think about it, why do you want it? One of the reasons is that you don’t have it. If you would have it then you wouldn’t care. People tend to overvalue things that they can’t or don’t have.

That is the same with everything else in life. If you can’t have something, then suddenly you want it. Think about a girl or boy you can’t be together with for some reason. Thus you nourish a kind of desire in her or him by time. Now, of course, that is not the case all the time, but you get the point.

What you should do is, accept the fact that your brain wants things you can’t have. But don’t let that desire control you. Because this is a game being played on our brain that you can’t win.

There will be many things in life you can’t have, you should be aware of it and don’t let it affect you in any way.

Rule Nr. 5: Who’s got my money is the most powerful conception for creating wealth and time. Because if you know who got your money, you know on who to focus.

If you are trying to sell a product or a service, and you know who the person is that is going to pay, then he is also the one who deserves your focus.

This is really one of the most important things to ask when selling, who’s got my money?

Someone that doesn’t have your money, does he deserve your focus? Should you spend your time with him? Of course not.

People will go out and try to be nice with everyone, make friends and get to know each other more. All that is great, but you should always know who has got your money, so you don’t get distracted.

Rule Nr. 6: Idea + Hard Work × Long Period Of Time + Discipline = Success

When these meet at the right time, you will be extremely successful.

You could work very hard, disciplined and for a long time, but if these variables do not meet at the right time you will have a hard time creating wealth.

An idea could be as simple as painting a picture and selling it online or offering a service. You probably won’t have the best idea at first. But the more action you take, the more likely you are to fulfill your idea.

Hard work means nothing than taking massive action. As soon as you have an idea, you need to implement it and bring it to the market. Because ONLY the market will tell you whether your idea is good or not. No family member or friend. The market will lead you to the right path, listen to it. If you fail that one idea, no problem, as long as you keep taking massive action every day, you will find the right idea. Multiple these variables over a long period of time. That means never give up. If it doesn’t work at first try don’t give up. Keep working for a long period of time.

Add discipline to that, and you will be extremely successful.

That is the secret formula. Follow this rule and I can guarantee you 100% that you will be a millionaire in under 10 years!

Rule Nr. 7: Wealth comes from increasing income. Nobody became wealthy without increasing income.

One of the most important things you need to understand in the business world is that, in order to really reach the millionaire status, you need to increase income first.

You should build multiple strong income flows as having only one income source will be very difficult to become wealthy.

Depending on only one source of income won’t make you a millionaire. You should build several businesses in different markets that supply you with money.

Nothing gives more financial confidence then multiple strong flows of income.

Rule Nr. 8: Losers focus on winners. Winners focus on winning.

This is a very powerful rule when you are trying to outwork your competition and try to be successful or be a success.

Losers tend to focus on the winners throughout the process, while the winner focuses on himself. Now, this doesn’t mean you are a looser right away, but you should never focus on the winner in your business. Yes, you will have competition. Yes, they will be better sometimes. But regardless you should focus on yourself.

Focusing on someone else when trying to get better at something. That’s something every one of us once experienced. That will distract and demotivate you.

So, if you are having someone who is better, then just accept the fact that he is greater in that manner, and focus on yourself. Then one day, you will be better like him. This is a common rule which every successful billionaire in the world follows.

Rule Nr. 9: Financially free people don’t buy status products!

Many people want to buy expensive and exotic things. And there is nothing wrong with that, but most of the time those decisions turn out to be the financially destructive and they turn down success.

By the way if you are interested in financial freedom make sure to read this article To Afford Anything

If you want to buy a luxurious car or a watch, you should only buy it if the money you spend doesn’t affect your balance. If you have 150k in savings, and spend 100k on a car, that’s a stupid decision.

The best thing you could do with 150k is to invest in real estate. Don’t save to save but save to invest. The money you invest should work for you. Buying a car doesn’t make you more money.

Rule Nr. 10: If you do not at least try (and possibly fail) you will NEVER succeed / have success

Most of the people who have a business idea never bring it to market. They have this great thing they want to do. May it be selling an ebook or a service. As long as you don’t bring it to the market, you will never know if it will succeed.

So, whenever you have an idea, you should implement it and sell it as soon as possible. You could earn tons of money if the idea comes out as profitable. Make sure to take immediate action as soon as you have any idea. And if you suffer a loss, that’s the best thing that could happen to you! Because the more often you fail, the higher is the chance of having success. Why? Because first of all, you gain experience of what works and what not. And your ideas will get more precise time by time. And when the right time comes, the right idea will pop into your mind, and you will be successful.


Do I have your attention?

Did you know that by adopting the habits of millionaires you can cut out 70 % of the essential work & effort it takes to be one?

No? Even better because I wrote a whole book on it only for you with the purpose of helping become financially independent this year AND have success in all areas of life.


And I promise you if you adopt their strategies, you will be a millionaire in a matter of months. You will be able to afford anything! (No joke, the tactics mentioned are worth millions!)


The only book you need to succeed this year!


These Are The KILLER Habits Of Millionaires To Massive Success

Self-made millionaires fall into two categories:


  1. Savers
  2. Risk Takers



Self-made millionaire Savers accumulate their wealth by living below their means, saving money and then investing that money prudently. According to my Rich Habits research, this path to multi-millionaire status takes about thirty-two years. Savers typically are risk-averse, employed most of their lives and have a low or moderate standard of living. Self-made millionaire Savers were among the least wealthy in my study, with an average net worth of $3.4 million. Being a Saver is the risk-free way to building wealth. It’s the safe path to wealth accumulation. It requires discipline, diligence and adhering to a low to a modest lifestyle.


Risk Takers


Self-made millionaire Risk Takers are individuals who take some risk in the pursuit of wealth. They are typically business owners, entrepreneurs, aggressive-savvy investors in stocks or real estate or they create some product or service that is so unique they are able to demand a significant premium in return for the purchase or use of their product or service. Self-made millionaire Risk Takers were among the wealthiest in my study, with an average net worth of $7.4 million. Being a Risk Taker is only for the bold and courageous. It’s the high-risk path to wealth accumulation. It requires courage, persistence, cunning and a hardcore work ethic.


In my study, I found that all Savers have a specific money mindset. Below are some of the top money strategies of self-made millionaire Savers:


#1 Self-Made Millionaires Establish Savings Goals Early in Their Lives


Ninety-four percent of the self-made millionaires, who became rich by saving money, saved 20% or more of their net pay or their net income. They did this early in their work lives, long before they accumulated their millions. With your first paycheck get into the habit of saving something – 10% or 5% or even just 1%. The point is to set some savings goal and stick with it. This creates the savings habit. The ultimate goal, if you want to become a self-made millionaire, is to save 20% or more or your net pay and prudently invest those savings. Through the power of compounding, your savings and investments will grow over time.


#2 Self-Made Millionaires Avoid Want Spending


According to Census Bureau data, there are approximately 30 million other people who make more than they need but who are, nonetheless, one paycheck away from poverty. These individuals engage in something called Want Spending. Want Spenders to spend more money than they make on their wants.


Want Spenders to surrender to instant gratification, eschewing saving to buy things they want now: 60 inch TVs, nice vacations, expensive cars, bigger homes, and jewelry.

Want Spenders routinely gamble away part of their income.

Want Spenders to spend too much money at bars and restaurants.

Want Spenders to incur debt to finance their standard of living.

Want Spenders create their own poverty. They are undisciplined with their money. They have been brainwashed by advertisers and a consumerist society into buying things they do not need.


When Want Spenders are no longer able to work due to old age, they live out the remainder of their lives in poverty. They become dependent on family, friends, the government or the charity of others.


Want Spenders to rationalize their Want Spending in some ways:


I’ll make more money in the future

I’ll get a better paying job

I’ll get a second job

I’ll get a raise

I’ll get a bonus

The economy will improve, and I’ll make more money

I’ll get more clients or customers

My children will take care of me in retirement

I’ll move to Florida, or some inexpensive place, and live off Social Security

 #3 Self-Made Millionaires are Frugal


I’ve been studying the daily habits of the rich and poor since 2004. I’ve gathered an enormous amount of data on both groups. Sixty-seven percent of the rich in my study said they were frugal. To them, frugal meant spending their money wisely. It involved buying quality items or services at bargain prices. Most of the wealthy in my study were raised by imperfect parents or middle-class parents who made a point of instilling in them good habits. Being frugal was one of those good habits they learned from their parents and that they took with them into their adult lives. Looking for value and quality makes you frugal.


Below is a small sampling from my Rich Habits books of some of the frugal spending habits of the rich:


8% shopped at Goodwill stores

37% used coupons

64% said they lived in a modest, middle-class home

28% mowed their own lawn to save money

44% only purchased high-quality used cars. Typically, these were cars coming off two or three year leases. According to Kelly Blue Book, new cars lose as much as 25-30% of their value in the first two years. That’s a big discount for a quality vehicle purchase.

19% managed their investments themselves – they did not use financial advisors in order to save money

41% never spent more than $3,000 on a vacation

16%,chose credit unions over traditional banks. Why? They were frugal and credit unions, to them, offered superior personalized service at a bargain price. They liked the fact that the banking personnel seemed more committed to helping them with their banking needs, that there was little turnover and this meant they were able to develop long-term relationships with the tellers and bankers. Seeing the same faces, year after year, was comforting. Relationships, after all, are the currency of the wealthy.

Be Frugal, not cheap – 66% of the poor in my study admitted to being competitive. Reasonable to them meant spending their money on the most inexpensive product or service available. Being cheap is a Poor Habit because quality is very rarely given any consideration at all. They need X, so they look for the cheapest X they can find. Being cheap is one of those taxes the poor pay that the rich don’t. Cheap products break or deteriorate at a much quicker rate than quality products. Quality products can last for a lifetime. Those offering cheap services are often inexperienced or not very good at what they do. If they were good, they would be able to command higher prices. Cheap service providers can get you in a lot of trouble, especially when it comes to taxes, legal representation or even just getting your car fixed. Cheap service providers are able to keep their fees down by paying their staff lower wages. This means they are not getting the best staff or are settling for inexperienced staff. Being frugal will not make you rich, but it does mean you will keep more of your money as your purchases are driven by quality and price. Being cheap will not make your poor, but it does mean you will keep less of your money due to the low quality you receive in exchange for your money.

#4 Self-Made Millionaires Avoid Lifestyle Creep


Definition of Lifestyle Creep – Increasing your standard of living to match your increased income. It’s a common Poor Habit among many who suddenly find themselves making more money. The Rich Habit is to forgo the desire to spend your money today and, instead, sock it away into savings and investments that grow in value and provide financial resources that can be used in the future to maintain your standard of living.


Once you spend your money, it’s gone. When you hit a bump in the road, such as a job loss, you are then forced to sell your stuff. If the things you purchased depreciated in value, you get pennies on the dollar.


One of my older and wealthier friends explained to me his rule for financial success:


“Same house, same spouse, same car.”


There’s a lot of wisdom in these words. What they really mean is that no matter what good fortune visits you in life, do not change your standard of living. Don’t supersize your life by buying things you really do not need. Live a modest life and forge the Rich Habit of Delayed Gratification – putting off what you want today so that you can have something to fall back on in the future.


#5 Self-Made Millionaires Make Their Money Invisible


Open up a savings account. Every time you get paid, immediately move a specific amount of your net pay into the savings account. This will force you to spend only what you have in your primary checking account. This has three psychological effects.


The first is that the simple act of moving money into a savings account makes you feel good about yourself. Feeling good about yourself makes you happy.

The second effect is that you will be forced to limit your spending to what is available in your primary checking account. This forces discipline, which also makes you feel good about yourself.

The third effect is the psychological impact of caving into your wants. Every time you move money from your savings account back to your primary checking account, to spend money on something you want, you will feel like you are cheating. This makes you feel bad about yourself, which leads to unhappiness.

People naturally gravitate to things that make them feel happy and avoid things that make them feel unhappy. The Invisible Money Strategy plays into that natural human tendency. Over time you will develop the habit of spending money only on your needs to prevent the unhappiness that results when you give in to your wants.


Give it a try for at least four months. It takes about four months to forge good money habits.


#6 Self-Made Millionaires are Smart Spenders


The self-made millionaires in my Rich Habits Study were smart in spending their money. Here are some of the creative spending strategies I discovered in my research:


Buy in Bulk – If done correctly, and with the right items, buying in bulk can save your household money and reduce waste. Nonperishables, such as toilet paper, soap, laundry detergent, paper towel, and shampoo, can be enormously cheaper if you buy them in bulk. Even some food items purchased in bulk, such as applesauce, canned goods, or yogurt, can be portioned into glass jars and/or saved for future use.

Plan Your Meals in Advance – Food is one of the most significant expenses in a household, after housing, transportation, and personal insurance, according to data from the Bureau of Labor Statistics. The easiest way to fastidiously enforce your food budget is to plan your meals in advance. If you can sketch out a menu for the week that utilizes similar ingredients, you’ll have a more focused trip to the grocery store, and you’ll end up throwing less away weeks after it’s been shoved to the back recesses of the refrigerator. Instead of running to the store and perusing potential ingredients, look in your fridge first and use that information to decide your next meal. Making a conscious effort here saves you money, and it keeps food waste out of landfills.

Reduce Energy Costs – Lowering your energy consumption is low-hanging fruit when it comes to cutting monthly expenses. The small changes of swapping incandescent bulbs for CFLs or LEDs can save you money on your utility bill, plus LEDs last roughly 25 times longer than traditional bulbs, dramatically cutting replacement costs. Even while they’re turned off, plugged in electronics continue to pull energy. To stop the drain, connect your TVs, computers, and other devices into power strips that can be easily unplugged when not in use. Cut back on water usage by taking shorter showers, washing only full loads of laundry, and using your dishwasher if you have one — doing dishes the old-fashioned way can use 6 to 12 gallons more.

#7 Self-Made Millionaires Keep Their Expenses Low


Self-made millionaires who made their millions by saving money, were fanatics when it came to keeping their expenses as low as possible. Here are some of the strategies to follow:


Don’t spend more than 25% of your monthly net pay on housing. It doesn’t matter if you own or rent. Stick to this 25% rule.

Don’t spend more than 15% of your net monthly pay on food.

Don’t spend more than 10% of your monthly net pay on entertainment. This includes bars, movies, restaurants, etc.

Don’t spend more than 5% of your monthly net pay on auto loans and never lease. Leasing is something I call a Poverty Habit. Buy your cars and take good care of them.

Don’t spend more than 5% of your net annual pay on vacations.

Never gamble. If you’re going to bet on the lottery, it comes out of your entertainment budget.

Stay away from accumulating credit card debt. If you are doing this, it means you are living beyond your means, and you need to cut back on something.

Always invest your savings prudently. Never gamble your savings on getting rich quick schemes. There’s no such thing. The power of compounding can grow your savings and make you wealthy. Saving just $250 a month over 40 years will produce $500,362 at a 5% return. Savings and investment are two completely different things. You should never lose money on your savings. Investments represent a portion of your savings you are putting at risk. When you invest, you accept the chance that you could lose some or all of that investment.

Max out your contributions to the company retirement plan. If the company matches your contributions, great. That’s free money. Always take free money when you can get it.

Know what you spend every month. Create a monthly budget and track what you pay.

#8 Self-Made Millionaires Avoid Spendthrift Friends


One of the hallmarks of the self-made millionaires is the conscious effort they make to associate with like-minded individuals. If a close relationship is a spendthrift, they avoid them like the plague. If an intimate relationship is conscientious with their money, they increase the amount of time they spend with them.


If you want to adopt good money habits, you need to associate with individuals who possess those habits, and you need to disassociate yourself from those who do not. If all of the close associations you make in life share your desire to live below your means, it is highly probable their good money habits will become your good money habits.


#9 Self-Made Millionaires Marry Well


One of the reasons self-made millionaires are millionaires is they marry well. They find a spouse who shares their money values and money habits. Because they are on the same page when it comes to money, they function as a very efficient team when it comes to saving money, spending money and investing their money.

Thank you for reading this article. I hope I could help you with this formula. It is one of the few that actually work.

Like really, in this formula is everything you need to succeed in this life.

Finally if you want to be a millionaire then you need to adapt their strategys, their rules, their habits.

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