I came across Tom Corley on YouTube with his video called:
‘225-Rich Habits and Raising Rich Kids-The Daily Success Habits of Wealthy Individuals.’
I will give you the link to that video at the end of this particular blog-post.
I am not an advocate of becoming RICH, although I have nothing against it. I am an advocate of not relying on a pension and having a comfortable lifestyle, when you stop working.
So why (here it comes again) do 85% of Australians retire on less than $35,000 pa?
It really is quite simple; people do not take responsibility for growing their wealth.
Some expect the Government to help them, some think their Superannuation will do it, (which mostly it won’t), and many rely on advisers who look after their own pockets instead of their client’s best interests.
So I will say it again; “What steps are you taking, to retire comfortably?”
It is never too late or never too early to start, but at the end of the day you must ‘start.’
So to begin, here are 20 observations from Tom about the wealthy and the not so wealthy.
Tom Corley, author of the book Rich Habits suggests the rich do things very differently from the average person.
While clearly this is no judgement of the people, here’s a list 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. 52% of poor people gamble
- 80% of wealthy are focused on accomplishing some single goal. Only 12% of the poor do this
- 76% of wealthy exercise aerobically 4 days a week. 23% of poor do this
- 63% of wealthy listen to audio books during commute to work vs. 5% for poor people
- 81% of wealthy maintain a to-do list vs. 19% for poor
- 63% of wealthy parents make their children read 2 or more non-fiction books a month vs. 3% for poor
- 70% of wealthy parents make their children volunteer 10 hours or more a month vs. 3% for poor
- 80% of wealthy make hbd calls vs. 11% of poor
- 67% of wealthy write down their goals vs. 17% for poor
- 88% of wealthy read 30 minutes or more each day for education or career reasons vs 2% for poor
- 6% of wealthy say what’s on their mind vs. 69% for poor.
- 79% of wealthy network 5 hours or more each month vs. 16% for poor.
- 67% of wealthy watch 1 hour or less of TV every day vs. 23% for poor
- 6% of wealthy watch reality TV vs. 78% for poor
- 44% of wealthy wake up 3 hours before work starts vs.3% for poor
- 74% of wealthy teach good daily success habits to their children vs. 1% for poor
- 84% of wealthy believe good habits create opportunity luck vs. 4% for poor
- 76% of wealthy believe bad habits create detrimental luck vs. 9% for poor
- 86% of wealthy believe in life-long educational self-improvement vs. 5% for poor
- 86% of wealthy love to read vs. 26% for poor.
My next tip would be to get your mindset right. As the saying goes;
“What the mind can conceive and believe it can achieve.”
I have said before that it is my mission to serve my people, so please feel free to drop me an email and depending on where you are on this journey, I will be happy to suggest where to start.
Her is the link to Tom’s video on YouTube: