0:03 certified public accountant and
0:05 certified financial planner with over a
0:06 decade of experience helping high-income
0:08 professionals and diverse business
0:10 owners take control of their finances.
0:12 My clients range from medical
0:14 professionals to small businesses and I
0:16 help them grow their wealth, reduce tax
0:18 burdens, and run more profitable
0:20 businesses. Many of my high net worth
0:23 clients share common habits, mindsets,
0:24 and strategies that help them build and
0:26 maintain their wealth. The good news is
0:28 that anyone can apply these habits to
0:30 improve their financial life. Here are
0:32 six of the most useful lessons I've
0:35 learned from my wealthiest clients. One,
0:37 the more you give, the more you receive.
0:39 One of the most profound lessons I've
0:41 learned is that life becomes richer when
0:43 you focus on pouring into others rather
0:45 than just focusing on yourself. For
0:47 example, clients who are generous with
0:49 their employees often see retention
0:51 rates sore. This principle extends
0:53 beyond finances into mental well-being,
0:56 relationships, and overall happiness.
0:58 Generosity has a way of opening doors
1:00 that talent or hard work alone sometimes
1:02 can't. Many of my wealthiest clients
1:04 often share that they wouldn't be where
1:05 they are without the generosity of
1:08 others who help them along the way. Two,
1:10 relying on others is the only way to
1:12 accomplish everything. Wealthy
1:13 individuals often have incredibly
1:15 demanding schedules, leaving little time
1:18 for personal tasks or downtime. One key
1:20 to their success is recognizing the
1:22 power of outsourcing and delegation.
1:24 Whether they hire a nanny to help with
1:25 child care or work with a financial
1:28 adviser to manage their finances, they
1:29 understand that they can't do it all
1:31 alone. Instead of trying to juggle every
1:33 responsibility, they build a trusted
1:35 team around them with professionals who
1:37 help them stay focused on what matters
1:39 most. They become comfortable relying on
1:41 others, knowing it's the only way to
1:43 accomplish everything on their plate
1:44 while still maintaining their sanity and
1:47 quality of life. Three, you can only go
1:49 as far as your health allows. If you
1:51 don't take care of your health, it will
1:53 be harder to reach your goals, no matter
1:55 how important they are. Many of my
1:57 wealthiest clients have learned this
1:59 firsthand. They've realized that when
2:02 their mental, physical, spiritual, or
2:04 emotional health is off balance, their
2:06 ability to lead, create, and perform
2:09 suffers. As a result, they intentionally
2:11 make time and invest in activities that
2:13 support their overall health, such as
2:16 exercise, therapy, spiritual practices,
2:19 or rest. Prioritizing health is not a
2:22 luxury, it's a necessity. Four, never
2:24 stop learning. One of the most
2:25 consistent pieces of wisdom I hear from
2:28 my wealthy clients is this: never stop
2:30 learning. No matter their industry or
2:32 background, they all attribute part of
2:34 their success to a mindset of continuous
2:36 growth. They understand that lifelong
2:38 learning is essential to keep
2:40 progressing in both life and business.
2:42 There's no single path to learning. Some
2:44 lean on books and mentors while others
2:47 invest in masterminds, coaching, or
2:49 formal courses. What matters is the
2:52 commitment to growth. Five, avoid
2:54 lifestyle inflation. One of the biggest
2:56 challenges my wealthy clients face is
2:57 resisting the urge to significantly
2:59 increase their lifestyle as their income
3:01 grows. It's tempting to spend more when
3:04 you make more, but true wealth often
3:05 requires discipline and delayed
3:07 gratification. Becoming wealthy means
3:10 making intentional trade-offs. That
3:12 might mean reinvesting in your business,
3:13 putting a down payment on a rental
3:15 property, or consistently investing in
3:17 the stock market rather than inflating
3:20 your lifestyle. Put your money to work.
3:22 Six, financial freedom comes from what
3:25 you own, not just what you earn. There's
3:27 an important difference between being
3:29 rich and being truly wealthy, and it
3:31 often comes down to owning assets. The
3:33 rich may earn high incomes that support
3:35 a luxurious lifestyle, but the wealthy
3:37 prioritize acquiring income generating
3:39 assets that work for them while they
3:41 sleep. Earning a solid income is
3:43 important, but it's rarely enough on its
3:45 own to build long-term wealth. To reach
3:47 and sustain true wealth, you can't rely
3:49 solely on your labor. You need assets
3:51 that generate cash flow with minimal
3:53 day-to-day involvement. These assets
3:56 might include equity investments, real
3:58 estate with a trusted property manager,
3:59 or a business supported by a reliable team.
