Back in 2004, when I began my research to find out why the rich were rich and why the poor were poor, I’ll confess, I hated rich people. I had some entrenched negative beliefs about the wealthy that I inherited from my upbringing. As I uncovered more and more about the causes of wealth and…
Articles by Tom Corley
Tom is a CPA, CFP and heads one of the top financial firms in New Jersey. For 5 years, Tom observed and documented the daily activities of wealthy people and people living in poverty and his research he identified over 200 daily activities that separated the “haves” from the “have nots” which culminated in his #1 bestselling book, Rich Habits – The Daily Success Habits of Wealthy Individuals. Visit the website: www.richhabits.net
When I travel the country speaking to high school and college students about exactly what they need to do to become financially successful in life, I like to begin my presentation by asking the same three questions: “How many want to be financially successful in life?” “How many think they will be financially successful in…
Forty-one per cent of the 177 self-made millionaires in my Rich Habits research study were raised in poor households. Yet, somehow they managed to break out of their poverty as adults. How? In my book, Change Your Habits Change Your Life, I shared the many wealth-building strategies/habits these future millionaires adopted, which were critical to their…
The Law of Attraction’s origins are muddied. Some historians cite Buddha as the first to articulate the law. Others, Jesus. No one really knows. But we do know that The Law of Attraction first gained worldwide recognition thanks in large part to Napoleon Hill’s 1937 book Think and Grow Rich. While Hill’s version of The…
Success visits those who are very clear about the direction of their lives. It ignores everyone else. If you want to succeed in life, you need to get very specific about what it is you want in every aspect of your life. You need to think about everything you want. You need to write down…
Becoming a successful entrepreneur is not easy. I spent five years studying 177 self-made millionaires and I have to say, they are among the most courageous, fearless individuals I have ever met. They put everything on the line. They took enormous risks in the pursuit of their dreams. If you want your children to grow…
The fact is, most people work for someone or some organisation. From the employer’s perspective, their employees represent an investment; an asset. From an employee’s perspective, their employer is a means to an end. That end, for most, unfortunately, is a pay cheque. A select few, however, are in it for more than a paycheque…
When you look in the mirror who do you see? Do you like what you see? Do you see someone who is going to make their mark on the world, achieve great things and make the world a better place? Or do you see something less? Successful people do not rely on chance. They proactively…
In 5 years of studying rich people, I found they use a daily tool that never occurs to most of us We’ve all heard about to-do lists. The best to-do lists incorporate daily activities that help move you forward in life towards accomplishing your goals. But to-do lists alone will not make you a success….
There are 1,440 minutes in each day. That is the one common denominator we all share. With respect to time, we are all on equal footing. Most people, rich or poor, consume about 1,200 of those minutes engaged in the following activities: work, commuting, family-related, sleeping, eating, bathing, bathroom, grooming and dressing. That leaves about…