Finance Business Partner

Developing Habits & Effective insight and strategic thinking…Rich Habits
– –
Rich Habits – The Daily Success Habits of Wealthy Individuals by Thomas C. Corley For five years, Tom studied the daily activities of 233 wealthy people and 128 people
living in poverty. He discovered there is a difference the size of the Grand Canyon
between the daily habits of the wealthy and the poor. He understands the challenges
adversity can present but is here to share the good news that we have more control –
Than we may think!Rich people feel that they determine their path in life.Poor people are significantly more likely to believe that, genetics, are important to becomingwealthy, and significantly less likely to believe
that they’re the cause of their own financial status in life.

Corley explains, 
“Most of the wealthy people I talked to were
businesspeople who weren’t always wealthy,”
“but they had this attitude that they could do anything.”
What Thomas C. Corley- calls “rich habits”
and “poverty habits,” meaning the tendencies
of those who fit in each group.everyone has some rich habits and some poverty
habits. “The key is to get more than 50% to be rich habits,”A goal is only a goal, he says, if it has two things: It’s achievable, and there’s a physical action you can take to pursue it.Rich people believe that they’re the cause of their
own financial status in life.
Corley, explains,
Rich people always keep their goals in sight.“I focus on my goals every day.”Rich people who agree: 62%Poor people who agree: 6%
Not only do wealthy people set annual and monthly
goals,but 67% of them put those goals in writing.
And they know what needs to be done today.“I maintain a daily to-do list.”Rich people who agree: 81%Poor people who agree: 19%
Not only do the wealthy keep to-do lists, but 67%
of them complete 70% or more of those listed tasks
each day. 
the wealthy They don’t watch TV.“I watch TV one hour or less per day.”Rich people who agree: 67%Poor people who agree: 23%
Similarly, only 6% of the wealthy watch reality shows, compared to 78% of the poor.“The common variable among the wealthy is how
they make productive use of their time- ‘no superior
human discipline or willpower-‘
the wealthy They just don’t think about watching much TV
because they are engaged in some other habitual
daily behavior — reading.”
They read … but not for fun.“I love reading.”Rich people who agree: 86%Poor people who agree: 26%the wealthy 
Fact, 88% of them read for self-improvement for 30
minutes each day, compared to 2% of poor people.
Sure, rich people love reading, but they favor nonfiction —
the wealthy 
in particular, self-improvement books.

“The rich are voracious readers on how to improve themselves,”the wealthy are big into audio books.“I listen to audio books during the commute to work.”Rich people who agree: 63%Poor people who agree: 5%
Even if you aren’t into audio books, you can makethe most of your commute with any of these
commute-friendly self-improvement activities.
They make a point of going above and beyond at the office.“I do more than my job requires.”Rich people who agree: 81%Poor people who agree: 17%
the wealthy It’s worth noting that while 86% of rich people(compared to 43% of poor) work an average of 50or more hours a week,only 6% of the wealthy people surveyed found
themselves unhappy because of work.the wealthy 
Many of the people I studied aren’t wealthy
because they made a lot, but because they saved a lot.”the wealthy 
He’s trying to instill what he calls the 80/20 rule in his own children: Save 20% of your income while living on 80%.
Rich people feel that they determine their path in life.
Poor people are significantly more likely to believe that genetics, are important to becoming wealthy,
and significantly less likely to believe that they’re the cause of their own financial status in life.
” Corley explains, “the wealthy Rich people value creativity over intelligence.“Creativity is critical to financial success.”Rich people who agree: 75%Poor people who agree: 11%
the wealthy While rich people are more likely to believe that
creativity influences success, poor people are more likely to think that being “intellectually gifted”is critical.says Corley,
a lot of wealthy people were C students,”
“There’s more to wealth than just being smart.”the wealthy
Rich people enjoy their jobs.“I like (or liked) what I do for a living.”Rich people who agree: 85%Poor people who agree: 2%
says Corley,“Many of the wealthy in my study loved their job —it’s not an accident,”  In fact, 86% of the wealthyworked an average of 50 hours or more per week(compared to 43% of the poor), and 81% say they
do more than their job requires
Corley says it’s related to the idea of creativity
being important to financial success:“the wealthy  people found a creative pursuit that could turn into monetary value. When you engage in a creative pursuit that can make money, the rewards are often obscene.”
Thomas C. Corley says Thomas Corley, the author of “

Rich Habits: The Daily Success Habits Of Wealthy Individuals.”

“These habits are like snowflakes — they build up, and then you have an avalanche of success.”
–During Tom Corley  research, he identified over 200 daily activities that separated the “haves”from the “have not’s”. The culmination of his research can be found in his  1
 bestselling book,Rich Habits – The Daily Success Habits of Wealthy Individuals. Tom Corley understands the difference between being rich and poor. At age 9 his family went from being multimillionaires to broke in just one night. Print: Tom has been featured in many, prominent print and Internet sites such as; CNN.com,
Huffington Post, News.com.au, Marketplace Money, Success.com, –10 Ways Rich People Think Differentlyhttp://www.businessinsider.com/ways-rich-people-think-differently-2014-5entrepreneur.com/author/libby-kaneJul 1, 2014 … … she was the associate editor at LearnVest, covering personal and behavioral finance. 9 Things Rich People Do Differently Every Day.Habits … 9 Things Rich People Do Differently Every Day | Entrepreneur


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