Articles by Tom Corley

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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

If you follow me, you know that one of the most common Growth Habits of self-made millionaires is self-education. For most of my “millionaires”, the knowledge they acquired came from one habit – Reading to Learn. Seventy-one percent of the self-made millionaires in my Rich Habits Study, read to learn, a minimum of 30 minutes every day….

One characteristic of self-made millionaires is their ability to focus on one thing for a very long period of time. It may be a dream they are pursuing for five years, ten years or twenty years. It takes a long time to succeed in the realization of your dream. However, for most non-millionaires, when something…

I know it sounds crazy to say this but we are hardwired to be lazy. And we have our brains to blame. The fact is, the human brain is lazy. Or, looking at it another way, the brain finds ways of doing things that make it work less. That’s why we have habits. Habits enable…

40% or more of our daily activities, thinking and the choices we make are habits. Most of the habits we take with us into our adult lives, we learned from our parents, our teachers or our environment. This is a good thing if kids are learning good success habits, what I call Rich Habits, but…

Success, particularly as an Entrepreneur or Virtuoso, demands obsession. In order to succeed in whatever it is you do, you must become fanatically obsessed with one thing for a long period of time. Obsession creates a laser-like focus enabling you to ignore anything that distracts you from your obsession. This is one of the many reasons…

In my ongoing Rich Habits research, I have the fortunate opportunity to peer into the lives of the rich and poor. Thanks to my research, I’ve learned that there are fifteen factors that make it hard for people to hold onto their money or build wealth: Pretender Syndrome Ego-driven purchases are intended to create the perception…

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…

Researchers at Vrije Universiteit Amsterdam in the Netherlands published a paper that, for the first time, linked genetics to happiness. In the study of nearly 300,000 people, the researchers, led by Meike Bartels, found that there was a direct link between genes and happiness. This is a groundbreaking study. For the first time, researchers were…

There are two groups of poor people. The first group is individuals who simply do not make enough money to meet their needs. The second group is individuals whose income exceeds their needs but who, nonetheless, spend more than they make. According to Census Bureau data, there are approximately 46 million poor people who cannot…

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