<ul>
<li>Spending mindset: People who stay poor or middle class see money as something to be spent. </li>
<li>Investing mindset: People who become rich see money as something to be invested.</li>
</ul>

2 mindsets of building wealth

Promoted

Money & Investments

&nbsp;....and eschew forming useful habits. Instead, they&nbsp;set unrealistic drastic goals that&nbsp;and then become&nbsp;frustrated when they make little to no progress towards them.&nbsp;

People rely too much on self-discipline

Self Improvement

<ul><li>Goals: there’s a clear image of a certain result in our head and that gets us&nbsp;more excited in the moment;</li><li>Habits: are long-term and repetitive - they seem boring. And there’s no clear image one can imagine for “going to the gym every morning for a year”.</li></ul>

Goals sound much sexier in our head than habits

<ul><li>Goals are a one-time bargain. They are the spending mindset.&nbsp; </li><li>Habits are an investing mindset.&nbsp;Habits require one to invest one’s efforts for a little while and then take the rewards of that effort and re-invest them in a greater effort to form even better habits. </li></ul>

Goals mindset vs. Habits mindset

Some habits make other positive habits much easier to acquire as well. ad&nbsp;once adopted, will reverberate into other areas of your life.&nbsp;These are sometimes referred to as “keystone habits.”&nbsp;

Keystone habits

1. Exercise: benefits for&nbsp;mental and physical health.2. Cooking:&nbsp;benefits in controlling what and when you eat.3. Meditation:&nbsp;increased focus, improved self-awareness, better mental health.4.Reading:&nbsp;benefits in interpersonal relationships.5. Writing:&nbsp;writing well is one of the most important life skills in the 21st century.6. Socializing:&nbsp;being alone can be just as bad for your physical health as obesity or heavy smoking.

6 Fundamental Daily Habits 

It's the new year and let's pretend for a moment that you have decided that you want to become rich. Maybe you're sick of your student loan debt. Maybe you're sick of eating frozen waffles for dinner every night.