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

Luck, good or bad, results in success or failure. In my five year study of the habits of the rich and poor (Rich Habits Study), I discovered that luck plays an important role, a critical role, in determining success or failure. In fact, 87% of the rich in my study admitted that good luck, or…

My research is clear. Your habits determine your standard of living for you and your family. Your habits are the reason you live in a mansion by the ocean or a slum in the ghetto. Your habits are the reason your children go to expensive private schools or are relegated to a public education. Your…

What you focus on expands.  It’s a universal law. When you focus on what’s right, you will see good everywhere. When you focus on what’s wrong, you will see injustice everywhere. There is a difference the size of the Grand Canyon, in the way in which rich people and poor people focus. Your focus in…

Forrest Gump wanted to be a shrimp boat captain. So, after he returned from the war, Forrest went out and bought a shrimp boat and persistently failed until luck visited him. With that luck, as well as the help of his reluctant, yet devoted apostle, Lieutenant Dan, Forrest was able to build a shrimp distribution…

Were your parents good with money? Were they bad with money?  Was money a source of stress or anxiety during your childhood? Did your parents fight over money? Was money always hard to come by growing up? Was one parent in charge of making money? Was one parent in charge of spending money? We all…

Eighty-one percent of the self-made millionaires in my Rich Habits Study were never divorced. This equates to a divorce rate of only 19%.   That’s a staggering data point, considering, in the general U.S. population, the divorce rate, according to data from the National Survey of Family Growth, was somewhere between 44%-48%. When you marry well, it shows…

Those who know how to manage money make it their slave. Those who do not, become its slave. In my research I discovered specific money habits of the rich that they used to accumulate enormous wealth: Put Money to Work – Accumulating money is good but it will not make you rich. You must put…

In November 2016, the journal BMC Public Heath, published a study conducted in Finland over an eleven year period.   The study included 2,267 men and women. 121 of those men and women, who were identified as more pessimistic than the rest of the group, had died of coronary heart disease during the study’s eleven-year…

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