Articles by Tom Corley

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


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When it comes to managing and investing money, the rich are very different from the non-rich. From my five-year study of the rich and the poor, I discovered that there were certain common money management mistakes the rich never seemed to make. The Rich Avoid Uneducated Risk Taking The rich do their homework. They study…

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In Tom Corley’s five-year Rich Habits study of 233 rich people and 128 poor people he discovered that we adopt the beliefs of our parents, family, mentors, culture, and environment.  He shares some of those revelations with regards to the value of a mentor Finding a mentor is like having someone deposit $4 million into your bank…

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When I began my Rich Habits Study, I wanted to know the answer to one question: why are some people rich and other people poor? Five years, and 51,984 questions later, I learned the answer – Habits. Habits dictate your circumstances in life. This is a truly groundbreaking discovery. Habits affect just about every aspect of your…

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The study of the rich and the poor has led me down many rabbit holes. One very important rabbit hole was habits, which I am now certain dictates the circumstances of our lives. But another important rabbit hole I ventured down, is something that every human seeks – happiness. I’ve identified seven pillars of happiness….

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Those who struggle with poverty, while growing up, see the world as a very different place than those raised in the middle-class or in wealthy households. In my Rich Habits Study, 41% of the 177 self-made millionaires were raised in poor households. Yet, somehow they managed to break out of their poverty as adults. Ironically, according…

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Do bad things happen to you? How often? Seldom, occasionally, more than occasionally, all the time? If bad things are a part of life for you, it’s time for some serious introspection. We are creatures of habit. That means we do things without consciously being aware that we’re doing them. When life goes wrong too…

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After I completed my Rich Habits Study, one thing became very clear – the rich, at some point during their success journey, get lucky. Luck was so critical to the success of many of the self-made millionaires in my study, that I felt it imperative to address it right out of the gate in my…

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Is There One Overriding Secret to Success? I’ve spent the better part of 14 years interviewing/studying rich people and poor people. As a result, I’ve accumulated an enormous amount of research data. I’ve shared a good amount of my research with tens of millions around the globe, thanks to my friends in the media and…

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Have you ever wondered what the most common major problems are in life? I have. I spent the past 12 years studying the rich and the poor (Rich Habits Study) and found that there were 12 frequent big problems almost everyone has to contend with: Health Problems Financial Problems Family Problems Neighbor Problems Home Ownership…