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"Focusing on goals is related to building wealth, regardless of age and income," she wrote. "The decisions we make, particularly related to the allocation of our time, energy, and money, impact our ability to become financially independent."
Specifically, she found that millionaires spend their time differently when it comes to reading, exercising, perusing social media, sleeping, and working.
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Even the habits of America's well-known millionaires - and billionaires - align with Stanley Fallaw's findings.
Sarah Stanley Fallaw, director of research for the Affluent Market Institute, studied more than 600 millionaires for her book, "The Next Millionaire Next Door: Enduring Strategies for Building Wealth."
She found that how millionaires occupy their minds and time can influence how much wealth they build.
She found that millionaires spend their time differently from the average American in five areas: reading, exercising, perusing social media, sleeping, and working.
In 2015, Mark Zuckerberg vowed to read one book every other week "with an emphasis on learning about different cultures, beliefs, histories and technologies," he wrote in a Facebook post.
But reading isn't the only hobby among the rich. Millionaires also spend more time exercising — nearly six hours a week compared to the average American's weekly 2 1/2 hours, Stanley Fallaw found.
Oprah Winfrey's workouts include "45 minutes of cardio six mornings a week, four to five strength-training sessions a week, incline crunches, and stretching," according to her trainer.
Millionaires may have more time to exercise because they spend less time on social media. The average American spends 14 hours a week on social media compared to the average millionaires' 2 1/2 hours a week.
Model and Kode with Klossie founder Karlie Kloss takes a weekly digital detox. "I will totally shut off and not post Instagrams or answer my emails," she told the Mirror.
Some don't have social media at all. Jennifer Lawrence previously told BBC Radio 1 that social media baffles her. She said she "will never get Twitter."
George Clooney has vocally opposed Facebook and Twitter. "I'd rather have a rectal examination on live TV by a fellow with cold hands than have a Facebook page," he once said.
Tesla CEO Elon Musk typically crashes around 1 a.m. and wakes up at 7 a.m., averaging six hours of sleep — less than the recommended seven to eight hours.
Meanwhile, PepsiCo chairwoman Indra Nooyi wakes up as early as 4 a.m. She told Fortune, "they say sleep is a gift that God gives you ... that's one gift I was never given."
Fashion designer Tom Ford attributes his success not to talent, but to his energy — he's awake 21 hours a day, only getting three hours of sleep a night.
Robbins' work hustle exemplifies another trait common among millionaires. They often work more than the average American — a difference of six hours a week.