Rich Habits Poor Habits Episode 33 | 7 Shocking Differences Between Habits of Men and Women

Forty percent of the time you are on autopilot.group-464644_1920

And habits, are the reason you live on the beach in a big house or in a slum in the inner city.

Habits are why you’re able to send your kids to the best private schools or must settle for public schools.

Habits dictate your financial circumstances in life and your happiness or unhappiness.

In Tom Corley’s five-year Rich Habits study of 233 rich people and 128 poor people he discovered that certain habits that separate men and women.

Here’s a sampling of 7 major habit differences from his research:

1. Gambling

Women gamble less than men.

Not only do fewer women gamble, but for the women who do gamble, they gamble less frequently.

2. Risk Tolerance 

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 Men have a higher risk tolerance than women.Men are by nature hardwired to be more aggressive than women.

This aggressive nature gives men a higher risk threshold.

This is a good thing and a bad thing.

A low risk tolerance is a good thing when it comes to making big purchasing decisions.

Women are more apt to study the details of a major purchase than men.

The devil is always in the details, so understanding the details can save you from making a big purchasing mistake.

3. Reading

Women read more than men.

That’s the good news.

The bad news is that women read more for entertainment.

Men, conversely, read more for learning and self-improvement.

4. Communication 

Women are better communicators than men.

In fact, the average woman speaks 7,000 words a day compared to 2,000 for men.

Good communication is a Rich Habitman-791049_1920

. Miscommunication damages relationships, businesses, negotiations and can lead to mistakes and failure.

Because women are better communicators, they are better at seeking feedback.

Feedback is critical to understanding what to do and what not to do.

Good feedback minimizes mistakes and reduces the probability of failure.

5. Creativity

Men are more creative than women.

This is physiological.

Men have a smaller corpus collosum.

The corpus collosom is the bundle of neural never fibers that separates the right hemisphere of the brain from the left.work

Recent studies on creativity have shown that those with a smaller corpus collosum are hardwired for greater creativity.

6. Organizational Skills 

Women have greater organizational skills than men.

Because they pay more attention to details and are more cautious by nature, they tend to do more planning.

This makes them better organized when it comes to facts then men.

7. Money 

Women are better at saving money.

They are more cautious with their money.

They comparison shop to get the best deals.

They look for discounts.

 

 

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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, 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.
 
Phone Number: 732-382-3800 Ext. 103.
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