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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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…

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Those struggling with poverty share some common traits. I call them the Poor Habits. I’ve written extensively about these Poor Habits. But, Poor Habits alone only tell part of the story. There are certain Pillars of Poverty that make poverty possible. Some are self-imposed, others external. In their order of relevance, below are the Pillars…

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Do you know where you will be in five years? What will your life be like, five years from today? What would you like your life to look like five years from today?  If you don’t know where you are going, the path to take really doesn’t matter. In my research of the rich and…

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If you occasionally stress over money, you’re not alone. Only 51 percent of Americans said they were financially secure, according to the March 2015 Pew Survey of American Family Finances.   Fifty-five percent of respondents reported either breaking even or spending more than they make each month, and 33 percent indicated they had zero savings….

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Forty-one percent 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 was critical to their success and building…

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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…

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Charles Koch is a multi-billionaire. Charles and his brother David took over their father’s business and transformed it into the largest privately held company in the world. He was recently asked in a Time Magazine interview about what he attributes his enormous success in life to.   Charles responded that if it were not for…

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I spent five years researching the daily habits and lessons that self-made millionaires learned from their non-millionaire parents. I share all of these habits and lessons in my book Rich Kids but thought I’d share with you ten of the most important ones: Success Habit #1 – Continuous Self Education  30 minutes a day of reading…