WHAT THE RICH DO . . . #Success #PersonalEffectiveness
Are rich people just good with money or is there something a little deeper contributing to their success? Most people would agree that certain lifestyle choices and daily habits are as valuable in the quest for wealth as a sound understanding of finances.
A recent study indicated that a whopping 21 percent of Americans see winning the lottery as an important wealth-building strategy. A similar study of Canadians showed that about12 percent were counting on winning a big lottery so they could have enough retirement income to retire in style.
There are many things you should never do if financial security is one of your main goals. So what do the rich do every day that the poor don’t do? Tom Corley, RichHabitsInstitute.com, outlines a few of the differences between the habits of the rich and the poor.
- 70% of wealthy eat less than 300 junk food calories per day. 97% of poor people eat more than 300 junk food calories per day.
- 23% of wealthy gamble versus 52% of poor people.
- 80% of wealthy are focused on accomplishing a single goal. Only 12% of the poor do this.
- 76% of wealthy exercise aerobically four days a week. Only 23% of the poor exercise.
- 63% of wealthy listen to audio books during commute to work versus 5% of poor people.
- 81% of wealthy maintain a to-do list versus 19% of poor.
- 63% of wealthy parents make their children read two or more non-fiction books a month versus 3% of poor.
- 70% of wealthy parents make their children volunteer 10 hours or more a month versus 3% of poor
- 80% of wealthy make Happy Birthday calls versus 11% of poor.
- 67% of wealthy write down their goals versus 17% of poor.
- 88% of wealthy read 30 minutes or more each day for education or career reasons versus 2% of poor.
- 6% of wealthy say what’s on their mind versus 69% of poor. (Are you a Victim or Victor?)13.
- 79% of wealthy network five hours or more each month versus 16% of poor.
- 67% of wealthy watch one hour or less of TV every day versus 23% of poor.
- 6% of wealthy watch reality TV versus 78% of poor.
- 44% of wealthy wake up three hours before work starts versus 3% of poor.
- 74% of wealthy teach good daily success habits to their children versus 1% of poor.
- 84% of wealthy believe good habits create opportunity versus 4% of poor.
- 76% of wealthy believe bad habits create detrimental luck versus 9% of poor.
- 86% of wealthy believe in lifelong educational self-improvement versus 5% of poor.
- 86% of wealthy love to read vs. 26% of poor.
- EAT RIGHT
- KEEP YOUR CARDS CLOSE TO YOUR CHEST
- SET GOALS
- KEEP FIT
- BE ORGANISED
- RING GRANDMA
- DON’T WATCH BIG BROTHER
- DON’T PUNT
- RUN YOUR OWN RACE
- AND ONE LAST THOUGHT . . .
There is a firm belief that a lot of poor people are simply too busy or disadvantaged one way or another to change their situation. Not everyone has the luxury of being able to pick themselves up. This is best explained from Dave Ramsey’s blog “Poornomore”: “I was born poor, raised in poverty and watched my parents die that way. I worked hard, eliminated my bad habits, started doing what the wealthy did. Mostly, I stopped blaming others for my lack of wealth. Now I am wealthy, and help others who want to be helped.”