Poor People Think Differently Than Rich People – Latest Research

Habits are stored by the brain in the Basal Ganglia. This is a golfball size mass of tissue smack in the center of the brain. Habits save the brain work. There is very little processing power involved with respect to habits. When a habit is formed and stored in this region, the rest of the brain stops fully participating in any decision making with respect to that habit.

Here’s the shocking thing: 40% of all of our daily activities are habits. This means that 40% of the time we are all on auto pilot. We are thinking and doing things without the rest of the brain even being aware of the activity. We don’t realize how significant habits are in our daily lives. Habits make us who we are.

Any mental thought, often repeated, becomes a habit. Habitual thoughts make you who you are. Poor people are poor and rich people are rich because of the way they habitually think. Their habitual thinking comes first and their habitual activities follow. If you habitually think in a certain way you will habitually act in a certain way. Greatness requires great thoughts. To become rich you have to learn how to think like a rich person. To avoid poverty you have to understand how not to think.

Let’s look at the latest research on how poor people think:

  • 87% of poor people think you must be intellectually gifted in order to become wealthy
  • 90% of poor people think fate determines your wealth or poverty in life
  • 13% of poor people think/thought they will/would be successful in life
  • 11% of the poor think creativity is critical to financial success
  • 80% of the poor think genetics are critical to success
  • 18% of the poor think they are the cause of their financial condition
  • 77% of the poor think lying is a prerequisite for accumulating wealth
  • 2% of the poor meditate daily
  • 90% of the poor think rich people are rich because their parents were rich and they inherited money
  • 22% of poor people think optimism is important to success
  • 5% of poor people think rich people are good, hardworking and honest
  • 52% of poor people believe wealth is accidental; a function of random luck

Now let’s look at how rich people think about the same things:

  • 10% of rich people think you must be intellectually gifted in order to become wealthy
  • 10% of rich people think fate determines your wealth or poverty in life
  • 43% of rich people think/thought they will/would be successful in life
  • 75% of the rich think creativity is critical to financial success
  • 6% of the rich think genetics are critical to success
  • 79% of the rich think they are the cause of their financial condition
  • 15% of the rich think lying is a prerequisite for accumulating wealth
  • 17% of the rich meditate daily
  • 5% of the rich think people are rich because their parents were rich and they inherited money
  • 54% of rich people think optimism is important to success
  • 78% of rich people think that rich people are good, hardworking and honest
  • 4% of rich people believe wealth is accidental; a function of random luck

If you want to become wealthy you need to stop thinking like a poor person and start thinking like a rich person.

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Thomas C. Corley About Thomas C. Corley

Tom Corley understands the difference between being rich and poor: at age nine, his family went from being multi-millionaires to broke in just one night, due to a catastrophic fire that destroyed his Dad's thriving business. For fourteen years they struggled with poverty. There were eleven in Tom's family, and they lived in constant fear of losing their home.

Driven by the desire to unlock the secrets to success and failure, Tom spent five years studying the daily activities of 233 rich people and 128 poor people. He discovered there was an immense difference between the habits of the rich and the poor. During his research he identified over 300 daily activities that separated the “haves” from the “have nots.” Tom decided to write a book to share what he learned. That book, Rich Habits: The Daily Success Habits of Wealthy Individuals (1st Edition), went on to become an Amazon Bestseller in the United States forty times over a three year period. To give you some perspective, in order to be a true Amazon Bestseller in the United States, where you actually receive a specific Bestseller designation from Amazon, you need to be in the top 100 of all books sold by Amazon in the United States in a given day. Rich Habits did that for nearly thirty straight days, rising as high as #7, eclipsing such Bestselling authors such as Stephen Covey, Robert Kiyosaki and J.K. Rowlings. Imagine that - an unknown, first-time, self-published author selling more books than J.K. Rowlings!

Tom now travels the world, sharing his Rich Habits and motivating audiences at industry conferences, corporate events, universities, multi-level marketing group events, and global sales organizations’ presentations and finance conferences. He has even spoken on the same stage with famous entrepreneurs and personal development experts, such as Sir Richard Branson, Robin Sharma, Dr. Daniel Amen, and many others.

Tom has shared his insights on various national and international network, cable, and Internet television programs such as CBS Evening News, NBC News, Yahoo Financially Fit, Money.com, India TV, News.com Australia, and a host of others. He has been interviewed on many prestigious nationally syndicated radio shows, including the Dave Ramsey Show, Marketplace Money, and WABC.

Tom has been featured in numerous print magazines—such as Money magazine, Inc. Magazine, SUCCESS Magazine, Entrepreneur magazine, Fast Company magazine, More magazine, Epoca Magazine (Brazil’s largest weekly) and Kiplinger’s Personal Finance magazine—and various online publications, including USA Today, CNN, MSN Money, SUCCESS.com, Inc.com, and the Huffington Post. Tom is a frequent contributor to Business Insider, Credit.com, Bankrate.com and a few other media outlets.

National publicity has garnered international media attention for Tom and his Rich Habits research spanning 23 countries. Broadcast media, online publications, and television throughout Asia, the South Pacific, Europe, the United Kingdom, and Central and South America have shared his powerful message.

In an effort to help parents, grandparents, teachers and adults become success mentors to the younger generation, Tom released his second book, Rich Kids: How to Raise Our Children to be Happy and Successful in Life in 2014. This book was the self-help category winner of the 2015 New York Book Festival and Runner-up in the prestigious 2015 Writer’s Digest Self-Published Book Awards Contest. In 2016 Tom released his third book, Change Your Habits, Change Your Life. This book provides the latest science on habit change as well as more of Tom's unique research on the specific habits that helped transform 177 ordinary individuals into self-made millionaires.

Besides being an author, Tom is also a CPA, CFP, and hold a master’s degree in taxation. As president of Cerefice and Company, CPAs, Tom heads one of the premier financial firms in New Jersey.
 
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