The Habits of the Rich vs. The Habits of the Poor with Tom Corley
The His and Her Money Show
Talaat and Tai McNeely
4.9 • 1.2K Ratings
🗓️ 17 February 2016
⏱️ 33 minutes
🧾️ Download transcript
Summary
Not all habits are created equal. There are some habits that can lead to your accumulating wealth and other habits that can lead you straight to poverty.
The question is, do you understand the difference between the two? The research shows that there are indeed the habits of the rich, and conversely the habits of the poor.
Tom Corley understands the difference between being rich and being poor all too well. At the age of 9, his family went from being multi-millionaires, to completely broke in just one night.
For five years, Tom observed and documented the daily activities of 233 wealthy people and 128 people living in poverty. During his research, he identified over 200 daily activities that separated the "haves" from the "have-nots."
Tom is the author of the Amazon #1 Best-selling book Rich Habits – The Daily Success Habits of Wealthy Individuals. Tom is also the author of Rich Kids: How to Raise Our Children to Be Happy and Successful in Life, and his brand new book, Change Your Habits, Change Your Life: Strategies that Transformed 177 Average People into Self-Made Millionaires.
He is also a CPA, CFP and holds a Master's Degree in Taxation. You can keep up with Tom's research at his awesome website RichHabits.net.
Transcript
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| 0:00.0 | This is the His and Her Money Show, where we talk about managing money, marriage, and everything in between. |
| 0:08.0 | Now here are your hosts. America's number one money couple, Talent and Her Money Show. We are glad, thrilled that you guys are tuned in yet again for another awesome |
| 0:37.1 | edition of the show man we have a treat in for you guys we're to be delving into the topic of the habits of the |
| 0:46.0 | rich versus the habits of the poor. This episode is all based on the |
| 0:52.1 | outstanding research that was conducted by Tom Corley and it was put into a book called Rich Habits, which is a phenomenal book that we recommend that you guys pick rich the habits, the things, the the everyday fundamental things and techniques that the wealthy use |
| 1:20.0 | in part to get them to wealth and to help them maintain it. |
| 1:25.6 | And he also correlates the same habits with that of the poor. |
| 1:30.9 | This is based on years of research and thousands of |
| 1:36.9 | millionaires. So this stuff I mean it's been featured everywhere. |
| 1:40.5 | Tom has been everywhere from CNN to the Dave Ramsey show. |
| 1:44.7 | He has taken this message everywhere and man it's going to be an eye-opener for you guys. |
| 1:48.9 | You're going to be able to reflect, see where you stand and see what improvements you can make. |
| 1:54.0 | So let's not delay any further. |
| 1:56.0 | Let's sit down with Tom and find out what the research says. |
| 2:01.0 | Hey Tom, welcome to the His and Her Money Show. |
| 2:03.5 | Hey Tom! |
| 2:04.5 | Hi, Tally, thank you for having me on. |
| 2:07.1 | I'm so honored. |
| 2:08.0 | You guys are the best. |
| 2:09.3 | We are excited to have you on because of all of the work that you have done and the research that you have put in to figuring out the habits that rich people have in common and how an everyday person can learn and apply these lessons to their life. |
| 2:26.4 | So we're excited to hear your insight. |
| 2:29.2 | But before we get into all of your great advice for us. Can you take a moment and introduce yourself |
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