Wealth Building Habits Gold Upgrade MRR Ebook

Table of Contents

Introduction…3
Chapter 1: Exploring Habits And How They Work..4
Chapter 2: Good Habits Versus Bad Habits And In Between…….6
Chapter 3: Define Bad Habits And Phase Them Out Of Your Life……..9
Chapter 5: How To Form Good Habits And Make Them Stick.11
Chapter 6: Set Up A Support System To Stay On Track…13
Chapter 7: Start Small And Create Wealth One New Habit At A Time15
Chapter 8: Rinse, Repeat And Maintain…….17
Conclusion…19

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Chapter 2: Good Habits Versus Bad Habits And In Between

You learned in the last chapter that a habit is an “acquired behavior pattern” that is repeatedly followed until the action almost becomes involuntary to where you are almost unaware of the repeated action. Youalso learned the three-step “habit loop” process that leads to us acquiring habits, and that it takes a considerable amount of time to form a new habit. Note that this holds true for both good and bad habits.

In truth, the only real difference between good and bad habits is that the acquired behavior pattern is a good action or a bad action as defined by the majority of society. For instance, if you form the habit of shutting off the water while you are brushing your teeth, that would be considered a “good habit” because most consider that to be a good action that preserves the environment and saves on your utility bill. Conversely, if you form the habit of leaving the water on while you are brushing your teeth, this would be considered a “bad habit” because most consider that to be a bad action because it hurts the environment and causes you to pay more on your utility bill. However, both instances are habits-the process of forming them is virtually the same in both cases.

Therefore, you need to determine what good habits you want to adopt, then repeat the good action that constitutes that habit repeatedly until you do it automatically without realizing it. Similarly, you need to recognize the bad habits you want to abolish, then avoid repeating the bad action that constitutes that habit continuously until you automatically do an alternative action instead that is considered better than that bad action. This involves doing alternative actions that “break” the bad action you repeatedly do-this is howyou will break the bad habit.

Therefore, referring to our previous example, if you want to stop running the water while you are brushing your teeth, you need to recognize that you do it, then take alternative action(s) to stop running the water while youbrush. So, instead of letting the water run, you consciously reach for and turn off the faucet before you begin brushing your teeth.

At first, you will need to mentally tell yourself to reach for the faucet and turn it off before beginning to reach for the toothbrush and moving it around your mouth. This is where you are in the “in between” stages between breaking a bad habit and adopting a good habit. You are attempting to break the bad habit of leaving the water on while you are brushing your teeth, but because you have done it for so long, you still have a tendency to do the actions necessary to leave the water on if you don’t think about turning the faucet off.

As has been mentioned, a habit is an almost involuntary action to where you almost don’t even realize you’re doing it, so your brain is still “wired” to leave the faucet on while you are brushing your teeth; you have to mentally tell yourself to reach for the faucet and turn it off. Over time, as you continually reach for the faucet and turn it off before brushing, your brain will become “wired” to automatically reach for the faucet and turn it off before you brush; this is when you know you have formed a new good habit of not running the water while you are brushing. You no longer have to mentally tell yourself to reach for the faucet and turn it off; you’ll just automatically do it without even realizing it.

As mentioned in the last chapter, it will take time to “rewire” your brain to dispose of the bad habit and take up the new good habit. It varies for everyone in terms of the amount of time it takes, and it also depends on the action involved. Actions that take more effort will take a longer period of time to adopt as habits compared to those actions that take less effort. Therefore, reaching over to turn off the faucet before brushing will likely take less time to adopt as a new habit as compared to altering your business model to spend less money and make money, since altering a business model involves many complicated steps as compared to turning off a faucet before brushing.

Case in point, habits, both good and bad, are not formed overnight, and take considerable effort to form. Remember that the brain wants to expend less mental energy and be able to use that energy for otherpurposes while doing the habitual behavior; that’s why habits form in the first place.

You learned in this chapter that good and bad habits form virtually the same way-through time and repeated action of the behavior. The only real difference betweenthe two types of habits is that the behavior is either considered good or bad by most of society. In between the two types of habits is when you are trying to rid yourself of a bad habit and replace it with a good habit. In the next chapter, we will look more at what bad habits are and how we can rid them from our lives.

Chapter 3: Define Bad Habits And Phase Them Out Of Your Life

As we discussed in the last chapter, the only real difference between good and bad habits is that the behavior is consideredgood or bad by most of society. However, both good and bad habits are formed in the same way: Through repeated action to where the action almost becomes involuntary and the brain focuses its mental energy elsewhere because the action is almost automatic.

As a result, bad habits are behaviors considered bad by most of society and are repeatedly done by the person. The person needs to realize the bad action that he/she continues to do; this is the only way he/she is going to be able to take alternative actions needed to remove the bad habit from his/her life.

As was discussed earlier, oftentimes, we don’t even recognize the habits we form; this is where others will usually notice them and mention them to us. We become so immune to the action because it seems so natural to us that others usually have to point out the action to us. In most cases, the action is negative, and they are pointing it out because it’s an issue we have to correct.

Now that we are aware of the repeated bad action, we can take theneeded steps required to break this bad habit and replace it with a good habit. As has been mentioned before, this will NOT be an overnight process, and depending on quickly you adopt new habits and the complexity of the action(s) involved, it could takea few weeks to several months to adopt the new habit. Therefore, the removal of an old bad habit and the replacement of it with a new good habit will be a gradual, continuous process, so keep working at it, as it is likely you’ll fall back into doing theold bad habit a few times before finally moving toward replacing it with the new good habit.

In our previously mentioned example, we want to stop running the water while we brush our teeth, both to preserve the environment and to save money on our utility bills. We’re so used to running the water that it has become virtually automatic for us to do it. We need to recognize the action and then take the needed steps necessary to adjust the behavior so that we stop the bad habit and replace it with a good habit, a more preferable action as deemed by society (i.e. we need to turn off the faucet before we brush our teeth).

The needed steps are replacing the bad action-running the water while brushing our teeth-with a better action as deemed by society-turning off the faucet before brushing our teeth. This means we need to mentally focus on adjusting our routine by turning the faucet off right after we put the toothpaste on the toothbrush and turn on the faucet to put some water on the toothpaste. Our natural tendency due to our bad habit is to put the toothpaste on the toothbrush, turn on the faucet to put some water on the toothpaste, and immediately begin brushing.

As mentioned before, it will take a period of a few weeks to several months to phase out the bad habit. The exact time it takes will vary by person and also vary by the action that is to be altered. If the action is relatively simple, it will take less mental energy to change it, so it will take less time to adjust the behavior, end the bad habit, and create the new good habit than if the action is more complex.

In this chapter, you have learned that bad habits are repeated actions that society deems as being bad. Phasing them out of your life and replacing them with a better action will take time and a determined effort, especially if that action is more complex. In the next chapter, you will learn more on how to form good habits and have them stay with you for the long term.

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- Year Released/Circulated: 2017
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