Kathleen Elkins | @kathleen_elk 11:29 AM ET Thu, 13 July 2017
Like most things in life, wealth doesn't simply appear.
The good news is, "if you follow the beliefs, philosophies and strategies of the rich and take action, you have a legitimate shot at becoming a millionaire," says self-made millionaire Steve Siebold, who spent decades studying rich people for his book "How Rich People Think."
If you're ready to take action, start by giving up these five costly habits.
Saying 'yes' to everythingEven if you have good intentions, trying to accomplish a whole host of things at once can backfire. More often than not, you'll end up stretching yourself too thin.
As billionaire Warren Buffett says, "The difference between successful people and really successful people is that really successful people say 'no' to almost everything."
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