financial habits millionaires use

Think Rich, Grow Rich: 10 Habits of All Millionaires That Are Useful in a Financial Crisis

Many millionaires were self-made men and women who built their empires by overcoming huge personal and financial challenges. Leonardo di Caprio, Jay-Z, and Starbucks founder Howard Schultz grew up in drug-torn housing projects. J. K. Rowling was a single mom who relied on food coupons to feed her child. Coal magnate Zdenek Bakala was a penniless immigrant. All of them knew what it was like to go hungry and be afraid of the future.

Despite these hardships, they were able to survive—and thrive!—because of habits and beliefs. If you are going through something similar, you can use their “Millionaire Mindset” to persevere and achieve your goals. Here are the top 10 habits that can help you in times of hardship!

1. The Focus on Goals, Not Problems

They didn’t feed their worry or fear with negative thinking. Instead, they put all their energy into a clear and concrete goal. They developed a plan: what do I do, how do I do it, what are some steps I can take today? They worked so hard, they simply had no time to feel sorry for themselves.

2. They Are Constantly Learning and Developing Themselves

Not all of the world’s most successful people were able to complete college or formal education, but they all loved to learn. They read books, found mentors, or learned on the job. They had a strong sense of curiosity and a desire to improve themselves. Instead of thinking “I can’t do it!” start asking, “How can I learn it?”

3. They Have an Attitude of Gratitude

Being grateful for small, simple things cultivates “Prosperity Thinking” – the Universe gives me what I need to succeed. It helps you maintain positive energy that attracts good things and good people. Every day write down 10 things that you are grateful for. It can be as simple as “I ate three meals today” or “A friend called and cheered me up.���

4. They Aren’t Afraid of Ashamed of Hard Labor

Many millionaires had to work multiple jobs just to make ends meet. Instead of feeling embarrassed, they were grateful for the work and saw it as a means to an end.

5. They Take Care of Their Health

Many millionaires devote time to getting enough sleep and exercise. They invest in their physical health so they have the energy to work hard and think clearly. While it’s tempting to manage your stress by overeating, smoking, or drinking, these are counterproductive. You can’t have a good life if you don’t have good health.

6. They Have a Strict Personal Budget

Millionaires don’t just make a lot of money; they manage it well. Even if they have extra money, they save it and either put it into their business or set it aside for a rainy day. They look for ways to grow money, not excuses to spend it.

Compare that to stories of lottery winners who squander millions in just a few years. Wealth isn’t measured by how much money you have, but how wisely you use it.

7. They Run Their Own Business

Do you want to become rich or make someone else rich? Employees can enjoy a steady paycheck, but you won’t increase your income. Even if you have a good job, think of other ways to grow your individual wealth. Start a small business that you can run while you hold on to your “day job.”

8. They Are Patient

You can’t become a millionaire overnight. Most “get rich quick” schemes are scams, and it’s very rare for any business to take off in just a few months. While there are a few who became super-rich in their 20s, the majority became millionaires when they were in their late 40s or early 50s. They started small, built their business, practiced a moderate lifestyle, and invested in their future.

9. They Are Good With People and Good To People

You can’t be successful without knowing how to work with other people. When they started out, they often relied on mentors and colleagues to teach them the ropes. They built their network and formed good partnerships. And, as they became successful themselves, they also developed the talents of their employees and gave back to the community.

10. They Never Give Up

Obstacles are a part of life. Everyone fails, but millionaires simply stood up and tried again. As Thomas Edison said, “Success is 1% inspiration and 99% perspiration.” Part of never giving up involves knowing when to ask for help, too. Help comes in many different shapes and sizes and, if you’re facing financial hardship, help can come in the form of payday loans or title loans. Here’s how they work!

Title Loans or Payday Loans in Louisiana

Title loans and payday loans are both a short-term loan option type that can offer you up to $1,400 for a title loan and up to $300 for a payday loan. They function by being convenient, easy to obtain, and fast! For starters, neither of them use your credit score to determine your eligibility and they’re versatile, too.

Title Loans

In order to secure title cash in Louisiana, simply visit the Cash Cow of Louisiana website and select the title loan option in the drop-down bar of the online form. Since title loans allow you to use the value of your car to secure money, you’ll need to input your vehicle information in order for a representative to call you to schedule a meeting. Some information that you'll be asked to provide includes:

  • Your driver's license
  • The title loan to your vehicle
  • A blank check to your bank account

During the meeting, you’ll find out how much money you’ll receive and the funds will be deposited into your account on the same day. It’s that simple!


saving money for financial crisis


Payday Loans

For fast payday loans in Louisiana, you’ll follow the same steps as above but instead of selecting title loans in the drop-down bar, you’ll select payday loans instead. After filling out an equally short form, a representative will contact you to cover the rest of the process and tell you what you need to supply. The information that you'll need to provide includes: 

  • Your driver's license
  • Your most recent paystub 
  • A blank check to your bank account

Both processes can take as little as 30 minutes, meaning you can secure your emergency money quickly! Don’t ever be afraid to ask for financial help. If millionaires weren’t afraid to do it, you shouldn’t be afraid either and Cash Cow of Louisiana is always here to help you.


Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

June Mckaig

June Mckaig writes articles on finance and budgeting, hoping to provide insight amidst the overwhelming crowds of information on the internet. She feels that with all this accessibility comes a lot of false data, and she would like to contribute astute, helpful input that she knows can help others. If you would like to learn more about June's research, read more here.