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Michael Yardney
By Michael Yardney
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Rich Habits Poor Habits | Poor Beliefs Part 1

If you want to succeed in life, if you want to become rich, you need to understand the success beliefs of the Rich and develop more of these and drop the beliefs of the Middle Class or Poor. If you want to succeed in life

Beliefs represent the acceptance of something without any proof to back up what we accept as fact.

They are inherited unconscious programming.

In Tom Corley’s five-year Rich Habits study of 233 rich people and 128 poor people he discovered that your beliefs dictate your circumstances in life.

Those who are wealthy have different beliefs than those who are poor or stuck in the middle class.


Most who were raised in poverty inherited limiting beliefs that hold them back in life.

Those who are able to rise from poverty and become wealthy found mentors who possessed success beliefs or employed certain strategies that enabled them to remove their limiting beliefs and implant success beliefs, effectively re-programming their entire belief system.

In this week’s video we discuss poor habits that you must avoid if you want to be successful:

These include:

  • Gambling,
  • Unhealthy eating,
  • Excessive drinking,
  • Toxic surroundings
  • Watching too much television.

You can catch up with past episodes of this weekly webcast here - Rich Habit, Poor Habits - Tom Corley & Michael Yardney

You may also be interested in viewing:

RICH HABITS POOR HABITS EPISODE 15 | RICH BELIEFS PART 8

RICH HABITS POOR HABITS EPISODE 14 | RICH BELIEFS PART 7

RICH HABITS POOR HABITS EPISODE 13 | RICH BELIEFS PART 6

RICH HABITS POOR HABITS EPISODE 12 | RICH BELIEFS PART 5

Michael Yardney
About Michael Yardney Michael is the founder of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media.
8 comments

It was actually you in 2008 who encouraged me to buy my own studio in a good location. At that time of GFC no-one knew here the markets were going but I took a punt.

1 reply

One of the posters here asked about a book on financial literacy for younger teens. "Getting it together" by Noel Whittaker (Simon & Schuster, 1993) is written specifically for younger people and has good, basic advice about money. Noel is a long ...Read full version

1 reply

Thank you Michael and Tom for putting these videos together! These videos are absolute GOLD and invaluable to anyone looking at personal development and moving forward in every area of life! What a gift, thank you both. Kind regards

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