There is a saying, “a common man asked god to give wealth, but god asked to learn from rich people’s regular practices. This indicates that wealth is not gifted by god but it is earned by individuals. In our country, there is huge gap between rich and poor. Day by day rich is becoming richer and poor is becoming poorer. The main reason is individual due to his way of living. No one can be blamed for the poorness of people. Bill Clinton says “if you born poor, it is not your mistake. But, if you die poor, it is your mistake”. He is asking to people to get early financial education, work hard, save money and invest in long term assets such as real estate, gold, stock. The present paper is prepared on concepts based. The existing sources from books, magazines, newspapers and internet are taken for preparing paper. It depicts the habits of rich people. To quote some, rich people have network of rich people, they live below their standards, they value their time, they invest their valuable time and money on long term assets. Rich people are rational, they always work out their time and efforts on productive activities but avoid unproductive activities. It is concluded with a financial model which explains that rich people invest their income 65% on assets, spend 25% on needs and spend only 10% of their income on wants. On the other hand poor people invest their income only 5% on assets, spend 40% on needs and spend only 55% of their income on wants.