Rich Habits: The Daily Success Habits of Wealthy Individuals

Rich Habits - The Daily Success Habits of Wealthy Individuals - 10 personal habits that will help you master your thoughts, emotions and engage in self-improvement dailyRich Habits: The Daily Success Habits of Wealthy Individuals

I realized something about myself recently. I’m not good at self-discipline. I’m successful because I’m an awesome multi-tasker, not because of my stick-to-it-ness.

This has to change.

I recently read a book called “Rich Habits – The Daily Success Habits of Wealthy Individuals” by Thomas C. Corley.  I highly recommend reading this book!

Corley is a CPA, who over the course of five years studied the habits of 233 wealthy people and 128 people living in poverty. He asked them to track their daily behaviors in a personal and business setting.

Over the course of five years, he was able to identify over 200 daily behaviors that set the wealthy apart.  For example, wealthy individuals were early risers, accomplished daily to-do lists, avoided gossip, and limit internet usage.

Wealthy individuals maintained a daily checklist and 70% of them focused on their daily task list.

One of the stats that really stuck me was the fact that 79% of low-income people surveyed admitted to gossiping, while only 6% of wealthy individuals got sucked into the office watercooler gossip.

Yahoo Finance published some of the stats related to these behaviors if you are interested in the full stats.

His project began as a result of one particular client who seemed to be doing everything right in the business arena but was still unable to make payroll. After months of research, Corley was still struggling with how to help his client.

Only after asking about his personal life did Corley realize the true issues.

Success isn’t just about what happens in the office, it is about your daily habits.

Every decision you make on a daily basis affects who you are.  When I manage my time effectively and am making conscious decisions that help me improve myself, I’m going to be happier and more successful.

It all boils down to the fact that:

Successful people are the masters of their thoughts and emotions.”

Successful People - CorleyCorley combined the 200 daily activities that set the wealthy apart into 10 habits.

In the book, Corley turns these habits around to personal promises that should be reviewed daily.

  1. I WILL form good daily habits and follow these good daily habits each and every day.
  2. I WILL set goals for each day, for each month, for each year and for the long-term; I WILL focus on my goals each and every day.
  3. I WILL engage in self-improvement each and every day.
  4. I WILL devote part of each and every day in caring for my health.
  5. I WILL devote part of each and every day to forming lifelong relationships.
  6. I WILL live each and every day in a state of moderation
  7. I WILL accomplish my daily tasks each and every day; I will adopt a “DO IT NOW” mindset.
  8. I WILL engage in rich thinking each and every day.
  9. I will save 10% of my gross income every paycheck.
  10. I WILL control my thoughts and emotions each and every day.

Simple stuff huh!

The really successful habits in life are simple. Of course actually keeping each promise daily is a bit more work.

As I was reviewing the list, I realized that I already did a lot of the stuff subconsciously.

For example, I eat fairly healthy and exercise a couple of days each week.   So that means, I’m already accomplishing #4 right? No, not really. I’m doing it haphazardly. I’m not actually forming life-long healthy habits unless I’m setting specific and measurable goals that I actually work towards achieving.

It is easy to rationalize with myself and say that I’m doing good enough, but if it isn’t a conscious decision each and every day then it is just me being average.

Final Thoughts

So over the next couple of weeks, I’ve decided to incorporate one new promise into my life each week. This week I’m planning to start with promise #7.

Each day I will put together a task list. One that is realistic and accomplishable. It will include personal and work related tasks that need to be finished that day. My goal is to finish at least 70% of the tasks on my daily list.

The content of Corley’s book isn’t rocket science. The whole book is only 89 pages. I finished it in less than an hour, but my goal is to have this book affect me for a lifetime.

It is only $9.33 on Amazon.  I know it sounds cheesy, but read the book, it will impact your life.

If you don’t like it you can sell your copy to me and I’ll give it to one of my friends as a gift.

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