26: Tom Corley and Developing "Rich" Habits

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 6 February 2015

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Imagine going from rich to poor overnight. Guest Tom Corley experienced just that at the gentle age of 9 when his family went from being multi-millionaires to broke in literally one night. Tom is a sought after speaker, best-selling author and media contributor. He is also a CPA, CFP and holds a Master's Degree in Taxation. For 5 years, Tom observed and documented the daily activities of 233 wealthy people and 128 people living in poverty. He discovered there is an immense difference between the habits of the wealthy and the poor. During his research he identified nearly 300 daily activities that separated the ·haves· from the have nots. For the full transcript visit SoMoneyPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	So Money, episode 26, Tom Corley.
0:04.0	You're listening to So Money, with award-winning money guru Farno Shorabi.
0:09.0	Each day, get a 30 minute dose of financial inspiration from the world's top business minds, authors, influencers, and from Farnuys yourself.
0:18.0	Looking for ways to save on gas or double your double coupons?
0:22.0	Sorry, you're in the wrong place. save on gas or double your double coupons?
0:22.6	Sorry, you're in the wrong place.
0:24.7	Seeking profound ways to live a richer, happier life.
0:28.1	Welcome to So Money.
0:31.1	Good day everyone.
0:32.1	Welcome back. You're listening to So Money. I'm your host
0:34.5	Farnoosh Tarabi. Ever wonder what it's like to go from being super rich,
0:39.3	really rich to penniless? Well our guest today experienced all of that at the
0:45.3	gentle age of nine when his family went from being multi-millionaires to
0:49.2	broke in just one night. His name is Tom Corley. He is a sought after speaker, best selling financial
0:56.2	author, media contributor. He's also a certified public accountant, a certified financial
1:02.1	planner, and he holds a master's degree in taxation.
1:06.0	I met Tom a couple of years ago when I was doing a story at Yahoo, where we were examining the way
1:12.0	rich people think, act.
1:14.4	Turns out Tom had done the study.
1:16.3	He had looked at 233 wealthy Americans
1:20.1	and 128 people living in poverty and observed in documenting. and between the habits of the wealthy and those of the poor.
1:33.7	And during his research he identified nearly 300 daily activities
	...

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