7 Things to Stop Doing If You Want to Be Rich

Do you want to be rich? Of course you do! C’mon, we all want to be rich.

And you deserve to be rich, you really do. You deserve wealth, health and happiness. But in order to get there, you’re going to need to stop doing a few things.

For starters, you need to stop paying full price for everything — pronto. And you need to stop keeping all your eggs in one basket, like a rookie. And you need to stop handing over so much of your hard-earned money to credit card companies and insurance companies.

Basically, you need to take back control and stop leaving your finances on autopilot.

In other words, if you want to be rich, you need to act more like rich people act.

We’ve got some smart and helpful ideas for how you can do this. Not all these tips may apply to you, but some of them will, so make sure to read them all.

1. Stop putting all your eggs in one basket

If a large part of your savings is in the stock market — as it should be — you’re well aware that what goes up can also go down. You can’t control the market, but you can hedge against uncertainty by having other forms of wealth.

One of the best ways to protect your savings is diversification. Keep money in different types of investments, ideally ones that go up when others are going down. For example, stocks tend to do poorly when inflation and interest rates are rising and there’s political turmoil brewing.

But there’s one investment that thrives in this scenario: gold.

Be careful who you deal with, though. Some companies in the gold business are shady and won’t hesitate to sell you gold and silver at vastly inflated prices.

Rosland Capital, on the other hand, has been seen on Fox since 2008 and is recommended by William Devane. They have an A+ rating from the Better Business Bureau and an AAA rating from Business Consumer Alliance. They offer just about everything, from precious-metal IRAs to gold coins and gold bars.

You’ll even receive up to $15,000 in free gold on qualified purchases. If you’ve ever thought about investing in gold, check it out right now!

2. Stop going it alone

To properly manage your money, work with a professional — it’s totally worth it. If you’re not doing this, you could be missing out on some serious financial gains.

A Vanguard study found that, on average, a hypothetical $500,000 investment over 25 years would grow to $1.7 million if you manage it yourself, but more than $3.4 million if you work with a financial adviser. That’s twice as much!

If you’ve got at least $100,000 in investments, check out a free service called SmartAsset. You fill out a short questionnaire and instantly get matched with up to three vetted financial advisers in your area, all legally bound to work in your best interests.

Even if you don’t want help picking investments, an adviser can help lower your tax burden, create a comprehensive financial plan for you, maximize your Social Security, and serve as a second pair of eyes to make sure you’re on the right track.

Using SmartAsset only takes a few minutes, and in many cases you’ll be offered a free consultation.

Please carefully review the methodologies employed in the Vanguard white paper, “Putting a value on your value: Quantifying Vanguard Advisor’s Alpha.”

3. Stop letting your debt spiral out of control

Sarah is a hardworking mother of two who found herself trapped in a vicious cycle of debt. Sleepless nights, constant stress, and the incessant ringing of creditors’ calls was her life. She felt helpless and alone, wondering if she would ever break free from the crushing weight.

Then Sarah discovered the power of credit counseling. With the guidance of a compassionate and knowledgeable team at Freedom Financial Network, Sarah changed her life. Freedom helped her create a personalized plan to tackle her debts head-on, negotiating with creditors and finding solutions that fit her unique situation.

Today Sarah’s a different person. Her debt is gone. No more dodging calls. No more sleepless nights. Her hope was renewed and now she has the confidence to take control of her money and her life.

If you’ve got more than $10,000 in debt, or know someone who does, do something. Contact Freedom Debt Relief. Have a free chat with a counselor.

Get some peace of mind. Remember, you only live once. There’s no reason to live it buried in debt.

Take a minute and contact them right now.

4. Don’t let home repairs drain your bank account

Home repairs aren’t cheap. Whether it’s a leaky roof or a broken appliance, your castle can quickly crumble and cost you hundreds, or even thousands.

Unless, that is, a home warranty company has your back. Example? First American will protect you from giant bills by covering everything from home appliances to electrical, plumbing, heating and cooling systems — even pools and spa equipment.

They also allow you to customize your plan, so you only pay for what you need.

When something goes wrong, just call First American, day or night. The company has a network of prescreened technicians and typically dispatches an independent contractor within 48 hours.

Hey, if you’re handy and like to repair stuff yourself, that’s obviously the cheapest route. But if that’s not you, a penny spent now could save you big bucks later.

Get your free quote in 30 seconds.

5. Stop paying an extra $610 for car insurance

If you’re like most Americans, you’re probably paying too much for car insurance. But shopping around for a better deal is such a hassle.

Well, it used to be.

Now you can just check out Provide Insurance, the largest online marketplace for insurance in the U.S. Provide Insurance lets you compare quotes from more than 175 different carriers in minutes.

All you have to do is answer a few questions about yourself and your driving history. Then Provide will show you the best options for your needs and budget.

You could save up to $610 a year on car insurance by using Provide Insurance. That’s money you could use for other things, like investing, saving or paying off debt.

Don’t let your current insurer overcharge you. Try Provide Insurance today and see how much you can save on car insurance.

6. Stop paying full price for retail purchases

Are you over 18? Then you’re eligible to save hundreds of dollars every year simply by joining AARP.

“What?” You say, “I thought AARP was for retired people.”

As it turns out, you don’t have to be 50 or older to join AARP. And members get discounts on hundreds of things, like:

• Up to $200 per person off flights
• Up to 30% off rental cars
• Up to 15% off restaurants
• Up to 20% off hotels

You’ll also save on eyeglasses, prescriptions, meal deliveries and lots more. And that’s not all. AARP offers a Fraud Watch Network, job listings, retirement planning tools, games, and tons of information, programs and resources.

Anyone trying to save money can’t afford not to join AARP, especially since the cost is as low as $12 per year with auto-renewal. You’ll likely recoup the cost in the first week. Click here and check it out.

7. Leave your family $2M richer

A tale of life insurance… Meet Aaron and Amy, a two-income couple raising a couple of kids.

One day it occurred to Amy: Our lives are great, but what if something happens to either or both of us? They need both of their incomes just to stay afloat, much less achieve their financial goals, not the least of which is putting the kids through college.

Aaron and Amy started reading up on life insurance and discovered a solution that blew them away: a 2-million-dollar life insurance policies start as low as $2/day*. That’s less than what they pay for their fancy boutique lattes.

Amy and Aaron now sleep a lot easier, knowing that, if worse comes to worst, the family may not have to stress over bills, mortgages, or living expenses.

*This is a fictional anecdote. Ethos is an insurance provider seeking to help individuals over the age of 35 secure their future.