Secret #4: You Must Develop the Discipline Required

Discipline is a prime pillar which separates a rich from poor and a successful from failures. Without being disciplined, your chances to succeed will only come down. A wealthy man is always disciplined. Despite being millionaires and billionaires, rich people never sleeps more than 6-7 hours. There are some rich people, who are happy with their second hand car.

"Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars", says Warren Buffett.

Secret #5: You Must be Prepared to Pay the Price

People with limited means play it safe with money. But as they say, safety is myth and risk is reality. The higher the risk, the greater is the potential for returns or losses. So the only mantra to become rich is ‘Dream big and dare to take rick to fulfill that dream’.

“You will have very few, if any, close friends. You just will not have the time to nurture and sustain lots of buddy-pal relationships,” says Stuart Goldsmith, Author of ‘Seven Secrets of the Millionaires’.

Also Check: Teach Your Child About Money