225-Rich Habits and Raising Rich Kids-The Daily Success Habits of Wealthy Individuals: Interview With Tom Corley

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Finance, Retirement, Insurance, Business, Money, Education, Self-improvement, Financial, Independence, Growth, Advice, Investing, Family, Personal, Radical, Christian, Faith

4.4 • 1.9K Ratings

🗓️ 24 July 2015

⏱️ 78 minutes

🔗️ Recording | iTunes | RSS

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Summary

I've got a very special interview for you today with Tom Corley. Tom is an accountant and financial planner by trade. He began interviewing his wealthy clients to try to understand what they do differently than other people.

Over time, his research expanded to additional interviews with poor people in an attempt to understand their lifestyles and habits.

This research formed the foundation for his first book, "Rich Habits: The Daily Success Habits of Wealthy Individuals." After a slow start, the book gained traction and attention and he followed it with his next book, "Rich Kids: How to Raise Our Children to be Happy and Successful in Life."

His work is excellent. The books are pithy and worth reading.

But what I found most interesting was Tom's personal story. Through the course of the interview, you'll hear me draw out the parallels between Tom's personal life and his books. I'll also draw out how his life has changed as he began to implement the rich habits that he learned from his wealthy interviewees.

Enjoy!

Joshua

Tom's site: http://richhabits.net/
Rich Habits: The Daily Success Habits of Wealthy Individuals http://amzn.to/1MMl9og
Rich Kids: How to Raise Our Children To Be Happy and Successful in Life http://amzn.to/1LHooyH
Get a free audiobook copy of "The Richest Man in Babylon" http://radicalaudiobooks.com
Support Radical Personal Finance on Patreon: http://radicalpersonalfinance.com/patron

Transcript

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0:00.0	Today on the show I share with you an interview with Tom Corley.
0:03.6	Tom is an accomplished accountant who is also a financial planner by trade.
0:10.1	He became interested in the subject of wealth and performed a survey of his wealthy clients trying to elucidate what made them different from other people.
0:21.0	Completed a survey of a number of wealthy people and also a number of poor people.
0:25.9	And from those surveys and from that research extracted some habits and some principles that were common to all of the wealthy people and were uncommon to the poor people.
0:38.0	He went on to write a book called Rich Habits, The Daily Success Habits of wealthy individuals.
0:45.6	Find out how the rich gets so rich, the secrets to financial success revealed.
0:49.2	He followed that up with an additional book called Rich Kids, How to Raise Our Children to be happy and successful in life.
0:57.0	Kind of an important subject, don't you think? Thank you. Welcome to the Radical Personal Finance Podcast. My name is Joshua Sheets and I'm your host,
1:21.1	your guide and your fellow adventurer on the journey to financial independence.
1:25.0	This is the show where we talk each and every day about all of the concepts and all of the
1:29.0	content and all of the information required to construct a rich and successful life.
1:35.0	Day by day, working hard doing all we can do to build and grow toward financial independence. to hearing your feedback after this interview I was thrilled to do it it's one of
1:53.9	the more enjoyable interviews that I have done with an author and it's enjoyable for a
1:57.3	number of reasons number one the content matter of this interview is a perfect
2:01.6	fit for radical personal finance after all this is exactly
2:04.3	what we talk about it's also in many ways a confirmation of many of the ideas that
2:09.6	I've held for a long time for a long time and it's always exciting to see some of the ideas that you hold
2:14.3	near and dear to your heart confirmed in the marketplace and most importantly I
2:19.3	want you to pay attention to the story during the course of this interview I did not focus heavily
2:24.6	on the content of Tom's books. I personally have found that authors are very
2:29.0	challenging people to interview
	...

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