7 Habits of Wealthy Women
The 7 habits of wealthy women are not what most think. The stereotype most think, is the habits of wealthy women are full of excess and waste. But according to my experience, seeing wealthy women navigate life, they do not spend most of their life in excessive spending and waste. I see wealthy women in the media working hard; as politicians, owning their own media companies, as talk show hosts, and some working hard in multi-national corporations, where they have a large stake.
Those women do not spend their time walking the aisle of expensive department stores, playing bridge, or having a useless tea all day-that is the stereotype. Below I have attempted to explain some of the better habits of wealthy women.
These are some of the common habits of wealthy women.
1. Wealthy Women value education
They value education and they get educated, either formal or informal. That does not mean they went to Harvard or Yale, that is not necessary. Many went to cost-effective, low-cost schools with no or low balance student loans.
With low debt, there is low stress. With the low stress, they can concentrate on advancing their career.
Some go to private schools, but others to a good public institution. Some of them were taught a skill by taking inexpensive classes over time. An example is learning the ins and outs of finance to protect their money and assets.
Another example is, reaching the top level of real estate, as a broker and managing director, or becoming a master in the tech world. It takes career concentration, constant learning and mentorship, and mostly hard work.
2. They research everything they do.
A wise old man once told me;
“Believe nothing you hear, and only half of what you see, research everything”.
There is so much false evidence being passed on as real, that the anti-wealth building process is alive and well. I call it “chasing rainbows”. Wealthy women do not engage in the useless “chasing of rainbows”.
That is, do not believe mostly what a stranger tells you, professional or not. You run the risk of getting involved with bad products or companies until you find out you have overspent and believed in a false product.
Some people go by false advertising copy, some go by the fake status of the person pushing bad products, and some only plain old believe anything.
A case in point is women who get involved with either scam phone calls or dating websites where a person pretends to be something he is not. The next thing they know after 2 or 3 years they have sent the fake person their entire life savings.
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A smart woman who becomes wealthy would not talk to a stranger in the first place. So, the scamming could not take place. She has already learned that there is a system in place for strangers to rob other strangers over the phone.
The best way to avoid this is to avoid others in the first place. Don’t even think there is something over the rainbow that is waiting to make you happy or rich. It does not exist. If the stranger were happy or rich, he would not be on the phone all day soliciting your money.
3. They save and invest like their life depends on it
Wealthy women understand the power of saving money and having money when they need to buy important items. That is, not everything is charged, if it is, it is paid for the same month. They concentrate on making interest, not paying interest.
Then, they go on to learn investing. Investing is the key, I can vouch for that myself, I have had several years of successful investing. I first learned how to understand stocks and bonds, then I went on to focus on mutual funds.
Since there is a wide variety of low-cost, low-risk mutual funds – it is easy to find great high-value investments in mutual funds. Even if they hire investment advisors, they first learn how investments work before they trust a stranger with their money.
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4. They do not engage in predatory loan practices at the beginning or end of wealth building
They understand how to leverage borrowed money the right way. They do not engage in predatory loans or lending. They usually use loans as a short-term vehicle to address an immediate need.
Like borrowing money for a home until an investment tops out, or they save enough from their employment, business, or an inheritance comes through to pay off the home early or in cash. Cars are treated the same way.
5. They are not dependent on others for their livelihood
Women who are wealth builders do not build wealth on the backs of Dad or husbands. If they get money from their dad or husbands it is a plus, not their main source.
They work hard at a job or business and accumulate money by saving and investing on their own.
6. Whether they make their money during their lifetime or inherit it, they spend it very carefully
Wealthy women are frugal women for the most part. They work hard for their money and spend it wisely. No, they do not take first-class flights unless they are doing it with frequent flyer miles. They prefer to save by going to business class.
They do not buy in-season clothes; they prefer to buy discounted high-value clothes. They do not like to waste time, energy, or money on purchasing things that are not extremely useful.
7. They do not boast about the money they have
The money they have accumulated through saving, investing, and working hard in their business. They understand the dangers of letting strangers know what they have. Even telling family members can be dangerous. People who have a lot of money are frequently the target of professional scammers.
A professional scammer looks normal, they talk like they are in a profession, and they have business cards, brochures, and fake articles about their fake business.
For naive people this sometimes works, for wealthy women, they do not allow others to come to them, they seek out their own prospects and verify everything about them before getting involved. They usually do a swallow and deep background check on a person who works with a legitimate company.
Summation
In summation, the habits of wealthy women suggest they are uber careful. They are not susceptible to scams and scammers. They work hard, even after they make a lot of money, and they are frugal and careful with their money.
Wealthy women make sure they know investments and savings, so they can either; invest their own money or monitor an investment advisor and the investments he or she suggests. The habits of the wealthy are more positive than not.

Thank you fir sharing this information.
Your welcome, Candace
Glad you understood. More need to know about it.
My joy is to see every women with great finances and independence.
Great tips for women to follow!
Thanks Debra. I try.
I am sure it is different in the UK. But, my preference is to be very careful and concentrate on paying off your mortgage.
Great tips ! Would love to follow a few of these suggestions. These are powerful, and when executed well – they will definitely lead to a very rewarding financial life !
Thanks Pam. I am glad it helps.
This article was a great read and provided a lot of valuable information. Keep up the great work.
Thanks Tiffany, just trying to advance the position of women in our society.
Congragulations to you! Frugal=Long Term Success.
Thank Ivana, I am glad you see that, it makes a big difference.
Glad you agree!
That is wonderful.