Author Steve Siebold, a 50-year-old self-made millionaire and author of How Rich People Think, explained to NowItCounts exactly what attitude helps the rich get—and stay—rich in just five years.
“Look at your beliefs and look at the beliefs of the wealthy and how they think about money,” he told NowItCounts. “They see it as a game. They’re just playing a game, and they’re having fun. They’re moving things, and they’re creating value for society, and they’re getting richer all the time. It’s more about thinking about money in terms of abundance and opportunity and freedom and all the good things, such as good health. Money can save your life if you have enough of it, because you can pay for treatment for whatever you have.”
Of course, there’s a caveat: Youth.
“It’s easier to get rich at 50, even 60 or 70, than it is to get rich at 30,” Siebold noted. “There’s no question of that in my mind. Older people have the life experience that a kid just doesn’t have. Maybe [younger people] know more about technology, but we lived longer and know the ups and downs of life. In creating a fortune or financial independence, there are going to be ups and downs. Older people have a great, great advantage to get wealthier way faster. And it’s so ripe for the taking.”
Of course, if you’re an old soul or just not an idiot, you can be rich too. Just think of it like a giant, higher-risk game of Monopoly … but with real money and no cheating older brother serving as a banker.