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…
Human beings crave certainty. When the circumstances of our lives are uncertain, we become filled with anxiety and worry. Uncertainty, for as long as it lasts, creates something called chronic stress. Chronic stress causes the body to convert cholesterol into Cortisol. While in the system, Cortisol weakens the immune system by interfering with the production…
Beliefs are emotionally derived from unconscious programming. They are created from positive or negative feedback received from an influencer – someone you respect, admire or love. “Tom’s a great tennis player”, Tom’s no good at math”, “Tom is clumsy”, and “If Tom’s head wasn’t attached to his neck he’d forget it somewhere”. That last line…
“You don’t succeed because you have no weaknesses. You succeed because you find your unique strengths and focus on developing habits around them.” Tim Ferriss Even the most gifted, talented and successful individuals are swimming in flaws. JFK, Tiger Woods and Arnold Schwarzenegger were womanizers. Edgar Allan Poe and Stephen King, iconic writers, were consumed…
I’ve found that becoming wealthy is not a fluke. I spent five years studying the habits of 233 millionaires — 177 that were self-made — in order to find out how they spent their time from the moment they woke up in the morning, to the moment they put their head on the pillow. Based…
Most people don’t like to talk about money – they don’t like to talk about it with their spouses. They don’t like to talk about it with their kids and they don’t like to talk about it with their friends. Why is that? There are two driving factors that make money a taboo topic: #1…
Choices and decisions can make or break a business, career or relationship. One or two bad decisions can and often are forgiven. But those who frequently make poor choices and decisions either go out of business or find themselves on the unemployment line. I’ve learned from my Rich Habits research that, more often than not,…
Most people are completely oblivious to their behaviours, habits, and thinking as well as the behaviours, habits, and thinking of others. Many studies have been performed on this unusual human tendency. The researchers even have a name for it – Inattentional Blindness. The main cause of this Inattentional Blindness is the brain’s inability to multitask…
Ever find yourself thinking Is it Friday yet? One of the hallmarks of the wealthy is that they like or love what they do for a living. They look forward to each day. They look forward to working. They are passionate about what they do for a living. Eighty-six per cent of my study said they liked their job….
According to Barry Schwartz, a professor at the University of California (Berkeley), and author of the book The Paradox of Choice, social comparison often creates envy, and envy quickly makes people miserable. Human beings have a character flaw that is hardwired into us thanks to evolution. They tend to look at others and compare themselves to those…
