Tom Corley Knows the Habits of the Rich

Tom Corley announces Rich Habits audiobook coming soon

In this episode we meet Tom Corley, CPA and author of the #1 Amazon Bestseller “Rich Habits”.

Tom joins me to discuss the most surprising and startling statistics from his 4-year study of rich and poor people.

He also spills the beans on a BIG ANNOUNCEMENT: All his books will become audiobooks by early 2016!

Tom has given his blessings to use his Rich Habits articles as regular segments on this show

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What do you think of when I say “Rich”?

Are you thinking of your friend Richard? Maybe your mind wandered to the image of sticking your finger into a container of thick, creamy chocolate icing?

Chances are, since you are listening to a show about personal finances, you are thinking about money. LOTS of money.

So let me ask you another question: If you could talk to a millionaire for 5 minutes, what would you ask?

  • What is the next hot stock?
  • Where should I invest my money?
  • Would you ask them about their Rich Habits?

Today’s guest studied over 200 self-made millionaires for 4 years and learned a lot. He also interviewed 128 poor people and discovered that wealth isn’t necessarily something you are born with and you didn’t have to scam people out of their money.

Tom’s most surprising statistic

88% of the rich read self-education or career/business material a day.

Compare that to the poor: Many of them said they read but only 2% read self-help or self-education type materials. Overall, 79% of the poor who read said they do it strictly for entertainment.

Not only do self-made millionaires read, they listen to more audiobooks and podcasts. This is mobile learning and multi-tasking at its best!

Tom’s favorite Rich Habit? Dream Setting

Sit down, map out your ideal life. 500 words or less 10-15 years out, include details. The dreams become real because you can now visualize them and you can create realistic goals from them.

Are you ready to change your poor habits and create rich ones?

In each episode of “No Debt, No Credit, No Problems” I will feature a segment called Habits of the Rich. It will be an article or feature from Tom Corley’s work.

Change your habits with this one tip:

Every episode of this show will include one of Tom Corley's writings about Rich Habits. There will also be a call to take action to change our habits.

The tip Tom challenges us with today is to choose a non-fiction book and read for 30 minutes a day.

Tom Corley announces Rich Habits audiobook coming soon

How to create a reading habit:

Set a time or reminder on your calendar to read for 30 minutes a day.

Dedicate an afternoon to put on a jacket or sweater and sit out on the porch to read for a couple hours on a weekend.

If you can’t find time to read then consider getting an audiobook or listen to podcasts while you are driving.

Here are a few fantastic reads:

Of course, you could read Tom's books: *Rich Habits or *Rich Kids

And make time to learn more about how to have No Debt, No Credit, No Problems by subscribing to this show for free in iTunes or Stitcher.

If you just found the show, go back and listen to Episode 001 where I talk about what this show is all about and Episode 02 where we meet Andy Magnus who will be a regular contributor to this show.

*These are Amazon.com affiliate links to support Joe and OG over at Stacking Benjamins


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Email Steve@SteveStewart.me

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