Vincent Chan, a financial expert, shares six tiny habits to help you become rich by 2025. The first habit is to ditch the “someday” thinking and take action today. “You’ll never get rich if you keep saying the word ‘someday’ because that word is like a get-out-of-jail-free card people use,” Chan said.
“Your future self only gets better if you take action today.”
The second habit is to tackle fears that hold you back. Chan used to be very camera-shy due to disliking his appearance, but overcoming this fear has clearly paid off for him as an influencer. You, too, can overcome fears to reach your full potential in your career.
The third habit is not asking for permission. Chan explained that he grew up seeking approval, but this quest for validation can hinder his ability to control his financial freedom. Making decisions that benefit your financial goals without waiting for others’ approval is essential.
The fourth habit is to shift your self-perception toward empowerment. Chan invested significant time in learning about psychology and self-perception.
Vincent Chan’s success strategies
“If you think you’re not smart, then you won’t be smart,” he said. “If you think you’ll never be rich, then you’ll never be rich.” Acting today as you want to be in the future is crucial for financial success. The fifth habit is to block out 30 minutes a day to focus on your side hustle.
Chan recommends setting aside 30 minutes daily to work on a side hustle. “No excuses. It’s just 30 minutes,” he suggested.
The aim is to get addicted to seeing the potential of side hustles and envision a world beyond your employer. The sixth habit is to change your black-and-white way of thinking about luck. People tend to view luck in binary terms: you’re either lucky or not.
Chan suggests disregarding this simplistic view and considering the many ways luck can manifest, such as motion, awareness, and uniqueness. This perspective helps maintain motivation and effort. By adopting these six habits, you can set a solid foundation for financial success by 2025.
