Can we Really Change Our Habits to Make us Rich?

We all measure success differently. I define my own personal success by what my role in society would be if there happened to be an apocalypse. If some rare event happened, some post-apocalyptic, sci-fi catastrophe, such as a zombie outbreak, computers taking over the world, a nuclear war, loss of all electrical usage, or whatever... would I be useful? Do I have anything to offer? I believe that financial rewards are the side effect of getting really good at being successful. And I believe "success" is adding value to the world. Just as having six-pack abs are the side effect of making daily decisions to be healthy; workout and exercise, in the same way, a large bank account is the side effect of making daily decisions to be valuable to the world.

Tom Corley, a CPA who was interested in the differences between the "haves" and the "have nots" conducted a five-year correlational study. He then published the book, "Rich Habits". He observed the differences between the rich and the poor and talks about the differences in habits between the rich and the poor. His list of differences is what helped inspire this blog. See, I actually stumbled on his work while going on my nightly walk and listening to some personal development. While I am not sure I agree or disagree with his observations, and I haven't personally looked at his study to look for thoroughness or holes in his research design, I have a strong desire to be rich... can it be done by adapting these habits?

Having money means freedom, the ability to travel, the opportunity to learn and grow, the ability to help people, and live life fully without fear of your own financial woes. I have experienced poverty, homelessness, as well as  public assistance. I have had a lack of traditional education, reaching only seventh grade for my primary schooling. I know the feeling of having nothing, with little hope of a brighter future, extremely well. I remember going to McDonald’s with my son when he was 3-years-old. This was a treat, something we didn't do often, because I couldn't afford it. One particular time, he really wanted milk, but I said, “No, you need to get a soda.” I remember the dirty looks I got from the people around us; after all, I was "that lady" demanding my toddler drink soda instead of milk. What the people around me then, and perhaps maybe some of you reading this now, didn't get is that our "treat" was that meal. I needed to squeeze every last bit of pleasure out of that "treat" because it got us out of the house, and even though I couldn't really afford the $7.00 bill of that outing, I justified it in my mind because, "everyone needs to eat." Plus, we had milk at home, not soda. Soda was refillable, while milk was not. I also remember shopping at the dollar store, but only on Tuesdays, when they had their extra 10% off day. Going to Walmart and comparison shopping with a pile of ads to get the best deals. Thrift stores were our department store and charity furniture filled my home. I am not willing to go back there again, and it is my priority to inch my way as far away from that poverty line as I can, are you with me? 

I know what it’s like to be poor and feel stuck! I am far from where I want to be financially, but I have been taking the necessary steps to change. I will get rich! Not because I want to be better than anyone else, not because I want to brag about having money, and not for any other reason than I want to experience life without bounds! I am a student at UCLA, despite my horrible education growing up, I made it into one of the top public Universities in the world! I completed seventh grade, which marked the end of traditional schooling for me, before Job Corps, where I got my GED and a trade under my belt when I was 16. At 21 I went to a trade school and got my cosmetology license and decided to go back for "traditional schooling" at the age of 34. I am working on building a Beachbody business while I study full time and raise my son. Currently, I live solely on student loans (it is NOT cheap to live in Los Angeles). My Beachbody business currently does not bring in a substantial income, but it is growing everyday. As I get healthier, more fit, more confident, and more aware of what I am doing on a daily basis, my income will reflect it and grow. In addition to this blog being a testing ground to see the effects, if any, Corley's list has on the income a person earns, I will also be using it as an accountability measure to document what I am actually doing to implement the habits he lists as "rich habits" in my life and my business. I will also incorporate other authors I find and read, I am currently reading "The Success Principles" by Jack Canfield. The principles he states are similar to what Corley found, this is a good thing, as the information supports each other.

I will be focusing on developing the habits that Tom Corley has identified as “rich habits” and would love for you to join me! This list is not in any order of importance, I grouped some of the habits Corley had listed individually into groups for easier organization. I am excited to see where these two years take me and would love for you to share your success stories (or lack of success if you wish) as well! Now let's go conquer our goals and turn our dreams into reality!

1. Eat Healthy

"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."

2. Get Fit

"76% of wealthy exercise aerobically 4 days a week. 23% of poor do this."

3. Luck vs. Opportunity

"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."
"23% of wealthy gamble. 52% of poor people gamble."

4. Don't Waste Time

"63% of wealthy listen to audio books during commute to work vs. 5% for poor people."

5. Make Goals and Follow Through

"80% of wealthy are focused on accomplishing some single goal. Only 12% of the poor do this."
"81% of wealthy maintain a to-do list vs. 19% for poor."
"67% of wealthy write down their goals vs. 17% for poor"

6. Continuous Learning

"88% of wealthy read 30 minutes or more each day for education or career reasons vs 2% 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"

7. Maintain Relationships - Build Your Network

"79% of wealthy network 5 hours or more each month vs. 16% for poor."
"80% of wealthy make happy birthday calls vs. 11% of poor"
"6% of wealthy say what’s on their mind vs. 69% for poor."

8. Turn Off the Distractions

"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."

9. Wake up Early - Become a Morning Person

"44% of wealthy wake up 3 hours before work starts vs. 3% for poor."

10. Raising Children

"63% of wealthy parents make their children read two or more non-fiction books a month vs. 3% for poor."
"70% of wealthy parents make their children volunteer 10 hours or more per month vs. 3% for poor."
"74% of wealthy teach good daily success habits to their children vs. 1% for poor."

1 comment:

  1. Some of us have been employing these habits forever. Trying to ensure that we can perfect our techniques and achieve the success of which we dream.