Establishing routines that support financial goals can aid in wealth building.

• Establishing a routine is necessary for successful investing and building wealth.
• My clients who have achieved financial independence have well-defined patterns for saving and tracking their finances.
• Here's how to develop habits that will help you achieve financial success.

Experts advise that establishing a routine is crucial not only for physical fitness, good eating habits, and solid work patterns but also for successful investing and wealth building.

My mom instilled in me early on that the key to financial success is not just about earning money, but also about saving it wisely and efficiently.

My clients who have achieved financial independence have well-defined patterns for saving and tracking their finances.

We can examine the opinions of notable individuals on the topic and then I will provide my recommendations on how you can utilize their insights to enhance your own financial management skills.

To change a habit, 'understand its structure'

According to Charles Duhigg's best-selling book, "The Power of Habit," individuals who adhere to a daily routine are more likely to make sound financial decisions.

According to Duhigg, developing wealth through investing requires time and consistency to establish good habits and achieve results, starting as mere cobwebs before becoming strong cables.

Duhigg's approach to changing a spending habit involves identifying the cue, routine, and reward associated with it, and then modifying them to promote saving.

By being deliberate, you can reprogram your brain to prioritize saving and investing for your future.

Pew Research supports the idea that individuals who establish consistent saving routines are more likely to build wealth over time. The report suggests that households can benefit from automatic mechanisms to generate savings, which have shown promise for other types of savings and could be adapted to build and rebuild emergency savings.

Automating your savings and investments can have a significant impact on your net worth in the long run. Instead of waiting to save, set up automatic transfers to your "goal" accounts. This includes your emergency fund, retirement savings, kids' college savings, paying off credit cards, and even your next dream vacation.

'Automatic' behaviors carry us along

Wendy Wood, a professor of psychology and business at the University of Southern California, wrote a book titled "Good Habits, Bad Habits: The Science of Making Positive Changes That Stick." According to Wood, habits allow us to concentrate on other tasks while our "automatic" actions carry us forward.

By creating routines that support our financial objectives, we can free up mental energy to focus on other aspects of our lives. This is especially important when it comes to investing, which can be complex and stressful. As Wood wrote, "small changes to the environment can lead to big changes in behavior." Wood also said that "the more we repeat a behavior, the less effort it takes to do it." The more you invest, the easier it becomes.

To become more comfortable with the stock market and reduce investing fears, consider diversifying your portfolio by regularly adding mutual funds or exchange-traded funds that track a broad market index. This will also help you become more familiar with the process of investing and rebalancing, requiring less effort over time.

Daily actions outweigh 'once in a while' moves

Gretchen Rubin, a popular podcaster, shares her insights on habit formation and provides practical advice for making positive changes in her best-selling book, "Better than Before: What I Learned About Making and Breaking Habits."

Consistently contributing to your investment accounts, even if it's just a small amount each month, is more important than making large contributions sporadically.

Another Rubin quote, "Happiness is not a destination, it's a way of life," can be applied to investing by recognizing that building wealth is not just about achieving a certain financial goal, but about creating a more secure financial future for yourself and your loved ones.

To achieve financial goals, establish routines that prioritize saving and investing, such as creating and sticking to a budget, making saving from each paycheck a priority, and regularly adding to investments while paying off credit card debt.

To achieve financial stability, set specific goals, automate savings and recurring bills, and meet with a financial advisor annually to stay on track.

Winnie Sun, co-founder and managing director of Irvine, California-based Sun Group Wealth Partners, is a member of the CNBC Financial Advisor Council.