Rich Habits


What you do today matters. Your daily habits are a major determinant of your wealth. According to Thomas Corley, the author of Rich Habits: The Daily Success Habits Of Wealthy Individuals.Some habits are like snowflakes -they build up, and then you have an avalanche of success.

Corley spent five years studying the lives of both rich people and poor people where he managed to segment out what he calls “rich habits” and “poverty habits”. So what are those rich habits that are so influential?Here are a few:

Rich people always keep their goals in sight: Not only do wealthy people set annual and monthly goals, but 67 per cent of them put those goals in writing.To them a goal is a not a broad objective.The wealthy say a wish is not a goal.And they know what needs to be done today.Not only do t he wealthy keep to-do lists, but 67 per cent of them complete 70 per cent or more of those listed tasks each day.

They don’t watch TV :Similarly,only 6 per cent of the wealthy watch reality shows, compared to 78 per cent of the poor.The common variable among the wealthy is how they make productive use of their time.The wealthy are not avoiding watching TV because they have some superior human discipline or willpower. They just don’t think about watching much TV because they are engaged in some other habitual daily behaviour -reading.

They read…but not for fun: Sure, rich people love reading, but they favour non fiction -in particular, self-improvement books.The rich are voracious readers on how to improve themselves.88 per cent of them read for self-improvement for 30 minutes each day, compared to 2 per cent of poor people.Plus, they’re big into audio books Around 63 per cent of the rich people surveyed said that they listened to audiobooks to make the most of their commute. Read more of this post

How Wealthy People Behave That The Poor Do Not

wealthymatters.comFollowing is a list of the differences in the habits of the wealthy and the poor found in the book “Secrets of the Millionaire Mind-Mastering the Inner Game Of Wealth” by T. Harv Eker.I have found these distinctions to be quite true.And if you think about the actual behaviour of richer and poorer people you personally know you will be able to verify the differences yourself.

I use this checklist periodically to check my own thought patterns and behaviour and correct them.I have personally benefitted from this exercise and I urge you to try it.

Wealthy people believe, “I create my life.” Poor people believe, “Life happens to me.”

Wealthy people play the money game to win. Poor people play the money game to not lose.

Wealthy people are committed to being rich. Poor people want to be rich.

Wealthy people think big. Poor people think small.

Wealthy people focus on opportunities. Poor people focus on obstacles.

Wealthy people admire other rich and successful people. Poor people resent rich and successful people.

Wealthy people associate with positive, successful people. Poor people associate with negative or unsuccessful people.

Wealthy people are willing to promote themselves and their value. Poor people think negatively about selling and promotion.

Wealthy people are bigger than their problems. Poor people are smaller than their problems.

Wealthy people are excellent receivers. Poor people are poor receivers.

Wealthy people choose to get paid based on results. Poor people choose to get paid based on time.

Wealthy people think “both”. Poor people think “either/or”.

Wealthy people focus on their net worth. Poor people focus on their working income.

Wealthy people manage their money well. Poor people mismanage their money well.

Wealthy people have their money work hard for them. Poor people work hard for their money.

Wealthy people act in spite of fear. Poor people let fear stop them.

Wealthy people constantly learn and grow. Poor people think they already know.

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