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64 STYLE | finance<br />

9<br />

FINANCIAL<br />

HABITS<br />

OF SUCCESSFUL PEOPLE<br />

When you analyse the<br />

habits of those considered<br />

financially successful,<br />

you start to see trends in<br />

their everyday behaviour,<br />

|Julian Lingard says.<br />

THEY KEEP LEARNING<br />

Once they’ve identified areas in which they want<br />

to gain wealth, they start educating themselves in<br />

those fields.<br />

Invest in your own knowledge by reading the<br />

relevant books, following the right bloggers and<br />

spokespeople, and keeping up to date with<br />

policy changes in the news. A lot of websites<br />

in New Zealand even send daily or weekly<br />

updates to your mailbox. There are tons of<br />

resources out there (although it’s important<br />

to first check their credibility), which will help<br />

educate your financial decisions.<br />

Resources such as goodreturns.co.nz or<br />

investment.co.nz are good places to start, or, of<br />

course, just ask your advisor for updates – we<br />

live and breathe this stuff every day. Whatever<br />

source you pick, stick to it – everyone has an<br />

opinion and too much conflicting information<br />

from multiple sources can be confusing,<br />

overwhelming and prohibit action.<br />

THEY ASK FOR WHAT THEY WANT<br />

Most people realise that in order to create wealth<br />

initially, their income needs to increase.<br />

By creating more disposable income, you can<br />

use it to generate wealth. Always look for how<br />

you can add further value in the job you do by<br />

seeking out training opportunities to widen your<br />

skill set and increase your income.<br />

What ‘value’ means can be different for every<br />

company, but by building strong relationships<br />

with your managers and the company’s<br />

leadership you can begin to understand your<br />

employer’s strategic goals and the role you play<br />

within achieving them.<br />

Asking for what you want takes confidence<br />

and belief in your own value. Allow the<br />

experience of mentors, in both an official and<br />

unofficial capacity, to guide you on what to ask<br />

for and when. It’s all part of the old adage – if<br />

you don’t ask, you don’t get.

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