Slickdeals, an online couponing site, commissioned a survey of 2,000 American adults in an effort to better understand impulse purchases. One startling find was that the average American engages in three impulse purchases a week. This impulse spending habit costs the consumer about $450 per month, $5,400 per year and $324,000 over their lifetime. Now,…
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
Most everyone wants to become rich. According to my Rich Habits research, being rich eliminates 67% of the problems that plague most people. So, besides being able to buy that house by the beach, a Rolex watch or travel to exotic places, being rich means fewer problems in life. Fewer problems equals less stress. Less…
5 years of studying rich people taught me they have a set of unwavering beliefs that the rest of us don’t Beliefs represent the acceptance of something without any proof to back up what we accept as fact. They are inherited unconscious programming. In my five-year Rich Habits study of 233 rich people and 128…
According to my Rich Habits study, one of the reasons the wealthy accumulated so much wealth was due to the fact that they worked more hours than those who were not rich, or who were poor. Here’s some of the data: 44% of the wealthy worked 11 hours more each week than the poor. 86%…
When you do things wrong, too often, those mistakes can offset all of the good you’ve done. Mistakes set you back. If you make too many mistakes it can lead to failure. One of the keys to success, therefore, is to minimize mistakes. Making fewer mistakes allows you to keep moving forward in life. In…
Bad habits impair your brain. You can tell when your habits are impairing you brain. This impairment manifests itself in bad choices, poor memory, lack of willpower, trouble sleeping, feeling lethargic during the day, uncontrolled anger, depression, poor health, and strained relationships. But, not to worry, I’m here to help. I’ve spent the past eleven…
Successful, wealthy people do not just suddenly become rich and successful. Success is a process that takes place over many years. Long before most wealthy people become wealthy, they make a habit of living below their means. The following is a list of ten spending habits I’ve uncovered during my five-year study of the rich and…
The pursuit of happiness is the one common denominator of all human beings. People will spend their entire lives in the pursuit of happiness. But, if you don’t know the true path towards long-term happiness, you can get lost along the way and pursue false paths to happiness. Recreational drugs, alcohol, sex, excessive recreation/entertainment, and…
There are two you’s. There’s the Today You and there’s the Tomorrow You. The Today You is your enemy. The Tomorrow You is your greatest ally. Today You The Today You requires immediate gratification The Today You is focused on the here and now The Today You seeks pleasure The Today You takes shortcuts,…
One of the things that stood out from my Rich Habits Study was how important thinking was to self-made millionaires. I tracked 10 different types of thinking habits these millionaires engaged in frequently, if not daily. From my research, it was so evident that thinking was fundamental to their success that I decided it needed…
