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TOM@RICHHABITS.NET
I found the rich don’t just chase money. They shape their minds. In my Rich Habits research, detailed at www.richhabits.net, I studied 233 wealthy people over five years. Eighty-one percent practice gratitude daily, compared to 32% of the poor. A five-minute habit—writing what they’re thankful for—builds a mindset that breeds wealth by shifting your mindset from scarcity to abundance. It’s not soft. It’s strategy.
Studies from Harvard and Psychology Today back me up. Gratitude rewires the brain, fuels focus, and drives success.
I learned from my Rich Habits research that gratitude keeps the rich grounded and their minds focused on creating abundance. They don’t dwell on what they lack. They list what they have—health, family, progress. My data shows this habit, often done in journals, correlates with 80% of millionaires reporting higher motivation.
A 2014 Harvard Health study says gratitude boosts dopamine, sharpening clarity for decisions. The rich decide better. They see more opportunities.
A 2018 Psychology Today article notes grateful people are 25% more likely to persist through setbacks. My Rich Habits articles echo this: gratitude builds resilience, a key to wealth.
Why does it work? It shifts your perspective. The poor, my study found, focus on scarcity at a 68% rate. The rich flip this. They write three things daily—small wins, a mentor’s help, a new client. This trains their minds to focus on abundance.
A 2020 Journal of Positive Psychology study confirms gratitude increases optimism by 15%, linked to better financial choices. I interviewed a millionaire who started each day thanking his team. He said it kept him focused on growth, not gripes. His wealth followed.
It’s simple to start. I advise five minutes each morning giving thanks for what you have. Write three things you’re grateful for. Be specific: a deal closed, a skill learned, a friend’s call, good health, time with family, money in the bank. My research shows 76% of the rich use journals for this.
A 2022 Forbes article on gratitude practices cites CEOs like Marc Benioff, who journal to stay centered. Consistency matters. My subjects didn’t skip days. They built their Gratitude Rich Habit like muscle. Over time, 85% said it made them see possibilities and opportunities others missed. That’s where wealth hides.
It’s not magic. Gratitude doesn’t pay bills alone. But it primes action by shifting your mindset from scarcity to abundance.
A 2019 Personality and Individual Differences study found grateful people take 20% more initiative in goals. My data aligns: 79% of the rich tie gratitude to better relationships, which open doors. One entrepreneur I studied wrote thanks for his clients daily. It led to referrals, doubling his income in two years.
My blog at www.richhabits.net offers prompts to start this habit right. I urge you to try it.
Tomorrow, take five minutes. Write three things—big or small. Feel the shift. My Rich Habits Research Summary, free on my site, shows 81% of the rich made gratitude a cornerstone of their lives. It’s not fluff. Gratitude’s a tool. Build the habit. See abundance. Grow rich.
Tom Corley is an accountant, financial planner and author of “Rich Kids: How to Raise Our Children to Be Happy and Successful in Life”, Effort-Less Wealth, Change Your Habits Change Your Life, Rich Habits Poor Habits and “Rich Habits: The Daily Success Habits of Wealthy Individuals.”
