Gambling, Junk Food, Watching T.V. and Anger: What do these 4 things have in common?

Each one is a Poverty Habit. Poverty Habits are habits which hold you back in life, keeping you poor or stuck in the middle-class. My name is Tom Corley. I am the author of the Amazon #1 Bestseller: Rich Habits – The Daily Success Habits of Wealthy Individuals. Rich Habits is the byproduct of a five-year study in which I interviewed over 200 wealthy individuals and over 100 poor individuals. I tracked over 200 activities that separate the rich from the poor. Here are a few examples

  • Poor people like to gamble: 77% of the poor admitted to playing the lottery regularly vs. 6% of the rich. 57% of the poor admitted to betting on sports weekly vs. 16% for the rich.
  • The rich do a better job keeping the pounds off: 21% of the wealthy admitted to being overweight by 30 pounds or more vs. 66% of the poor. But there’s more to this story… 97% of the poor ate more than 300 junk food calories a day while 70% of the rich ate less than 300 junk food calories a day.
  • Poor people love watching T.V.: 77% admitted to watching more than 1 hour of T.V. a day vs. only 23% for the rich. And their favorite T.V. shows? Reality T.V. 78% of the poor who watch more than an hour of T.V. each day are watching reality T.V.
  • It seems the poor cannot control their emotions: 43% of the poor admitted to losing their temper at least once in the past month vs. 19% of the wealthy.

Want some more? Here you go:

  • The poor do not like balancing their checkbooks: Only 32% of the poor balance their checkbooks every month. 94% of the rich do not have this Poverty Habit. They balance their checkbook every month. The rich watch every penny. As Ben Franklin used to say: “Take care of the pennies and the dollars will take care of themselves”.
  • Rich kids get better grades: 62% of children raised in wealthy homes have a B or better grade point average. Compare this to the poor where 74% are average or below average students.
  • Poor people like to gossip: 79% of the poor admit to gossiping while only 6% of the rich have this Poverty Habit. Gossiping almost always involves negative criticism of others. Gossiping damages relationships because people will not trust you once they find out you are a gossiper.

My research has hit a nerve with the public and the media. Rich Habits was listed as one of the Most Wished for Books of 2013 and Best Books of 2013 by Amazon. Below are a few links to some of the national media exposure I have received which shares more of my research:

  1. Yahoo Finance Interview:  This interview went viral with 2.2 million hits. It was the #1 news story on Yahoo this past July 16th because of all of the hits it received. It even got the attention of Dave Ramsey who talked about my book for 4 days. Dave’s radio show is #3 in the US, behind Sean Hannity (#2) and Rush Limbaugh (#1).
  2. Dave Ramsey Talking About my Book:
  3. Dave Ramsey Interviews me on my Book:  After the Dave Ramsey interview, Rich Habits hit #1 on Amazon and stayed there for 8 straight days.
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Thomas C. Corley About Thomas C. Corley

Tom Corley is a bestselling author, speaker, and media contributor for Business Insider, CNBC and a few other national media outlets.

His Rich Habits research has been read, viewed or heard by over 50 million people in 25 countries around the world.

Besides being an author, Tom is also a CPA, CFP, holds a master’s degree in taxation and is President of Cerefice and Company, a CPA firm in New Jersey.
Phone Number: 732-382-3800 Ext. 103.
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