Archived Articles

Advice to Your Children on Finding Their Main Purpose in Life

This is a letter I wrote to my three children, many years ago, just as they were morphing from children into adults. Dear Kids: You have all grown up so…

Money Does Buy Happiness – And Here’s the Proof

You’ve no doubt heard the saying “money doesn’t buy happiness”. It’s very likely you heard it from your parents or someone who was not wealthy. The problem with that ideology,…

What is Your Magnum Opus?

Everyone should have one thing they are pursuing that, when achieved, helps set them apart from everyone else. It should be something they are doing on the side that is…

How to Eliminate Sadness or Depression

Edgar Allen Poe suffered from depression. If you lived his life, you probably would have been depressed too. He was born in 1809 to a couple of actors. He was…

Sleep is More Important Than Exercise and Healthy Eating – Here’s What Happens While You Sleep

Getting a lot of sleep is vitally important when you are sick. In fact, it is so important, the body puts you into something called Sick Sleepiness in order to…

Can You Really Trust the Voice Inside Your Head?

I have some bad news for you. All of those self-help gurus who have been telling you to trust your intuition, to listen to the voice inside your head, have…

Are Women Better Decision-Makers Then Men?

In John Gray’s popular book, Men Are From Mars, Women Are From Venus, he highlighted many of the psychological differences between men and women. Gray noted that men and women…

Turns Out There’s a Very Good Reason the Poor Gamble the Most

Poor people have many bad habits: they eat too much junk food, they don’t exercise enough, they have poor money habits, they watch too much TV, they don’t read books,…

How Do You Find Your Main Purpose in Life?

When you find your life’s purpose, that thing you were born to do, you know it. There is no doubt. You are 100% certain. Conversely, if you have any doubts…

If You Want to Live Longer – Eat Less

How much you eat may very well determine how long you live. In a report issued by Roderick Bronson and Ruth Lipman of the Human Nutrition Research Center at Tufts…

7 Reasons Why You Make Bad Decisions

I love to study both rich and poor people. They always have pearls of wisdom, forged in the fires of experience, that force you to reevaluate your habits, thinking and…

Overcoming Your Limitations Leads to Growth, Which Leads to Success, Which Leads to Wealth

You can never truly know your limitations, until you test them. Individuals who succeed in life, in particular Dreamer-Entrepreneurs, know their limitations because they pursue dreams and goals that test…

Your Habits Can Boost Your IQ or Turn You Into Forrest Gump

These four statistics from my Rich Habits Study data caught me by surprise: 21% of the wealthy were “A” students. 41% of the wealthy were “B” students. 29% of the…

Business Owners Beware – Employee Habits Will Become Your Company’s Habits

Do your employees have good habits? Do they have bad habits? If you don’t know, you should, because habits spread like a virus within every organization. And if those habits…

Why Is Aerobic Exercise Important to Building Wealth?

In my five year Rich Habits Study, aerobic exercise kept showing up on the rich person side of the ledger. In fact, 76% of the wealthy in my study said…

Why Your Habits Matter

Habits have a purpose. They save the brain from extra work, which frees up glucose to be used to fuel higher brain functions, such as planning, decision-making, creativity, innovation, the…

Rich Habits vs. Poor Habits

Your daily habits are the reason why you are rich, poor or stuck in the middle-class. Daily habits are the cause, financial circumstances, the effect. The Rich Habits are unique…

OK, Your Poverty is Your Parents’ Fault – Now What Are You Going To Do About It?

One of many interesting revelations revealed to me in my Rich Habits Study was the importance of parenting with respect to your adult financial circumstances. The impact parents had on…

Want Spending is Why There Are So Few Millionaires

Your best friend just put in a beautiful granite kitchen countertop. They have a little get together with you and other friends to show it off. As you drive home,…

How To Read More Books

Reading is a Rich Habit. Eighty-eight percent of the self-made millionaires in my Rich Habits Study, read 30 minutes or more every day. Typically, what they read related to what…

Ideologies of the Non-Rich

Ideology is subconscious programming, forged primarily in the fires of childhood. We typically pick up our ideologies from our parents. But we can also forge ideologies during our lives through…

Habits = Values in Motion

We build our habits around our values. Habits are really deliberate, repetitive actions spurred on by our values, meaning habits are our values in motion. But what then are values?…

Your Values Determine Your Habits

Every Friday night, JC Jobs would go to Huddy’s Inn, one of his favorite watering holes in Colts Neck, NJ. There, on every Friday, he would order a steak and…

Find Cheerleaders and Avoid Booleaders

“I have yet to find the man, however exalted his station, who did not do better work and put forth greater effort under a spirit of approval than under a…

Adversity is Not Your Enemy

Every Dreamer-Entrepreneur is spurred into taking action by one common, powerful emotion – Hope. Hope drives Dreamers to manufacture goals around their dreams and those goals help focus all action.…

5 Common Bad Money Habits of the Poor

Self-awareness is a Rich Habit. Lack of self-awareness is a Poor Habit. Only through awareness can you overpower neurologically-based, instinctive urges to spend money. Self-awareness short circuits the neural hard-wiring…

The Rich Make Their Own Luck

In my role as a CPA and CFP I have the honor of advising many clients in matters of personal finance, taxes, insurance and wealth creation. According to the IRS,…

Wealthy People Have 58% Fewer Problems

I spent many years studying the rich and the poor in my Rich Habits Study and found that there were twelve problems almost everyone has to contend with in life:…

All Debt is Not Bad Debt

As I’ve written often, there are four paths to wealth: Saver/Investor Path – Save and invest 20% or more of your income. Big Company Climber Path – Climb the ladder…

True Happiness Requires Freedom

Those who are truly happy are free. But what does freedom mean? Freedom is not one thing. In fact, it is many things: Financially Free – You are financially free…

When You Put Everything on the Line, Failure is No Longer an Option

Those who are satisfied with the status quo of their lives, do not feel compelled to push themselves to grow in order to reach a higher level of achievement. So,…

The Wealthy Just Work Harder Than Everyone Else

According to my Rich Habits study, one of the reasons the wealthy accumulated so much wealth was due to the fact that they worked more hours than those who were…

Rich Thinking

Your habitual thoughts drive your daily activities. Those with a positive mental outlook engage in activities that mirror their upbeat thoughts: They Pursue Knowledge – Those who succeed, are open-minded.…

Everything Gets Easier When You Are Doing What You’re Supposed To Do

Success takes a long time, for those who succeed. Unfortunately, very few succeed. Why is success so elusive? Most individuals who are pursuing financial success are doing it wrong. What…

Me First Is the Philosophy of The Non-Rich

In order to get, you must first give. It is one of the universal laws of success that has never changed. You must first give value to others if you…

Change Your Habits – Change Your Life

Roy Baumeister is a renown behavioral psychologist whose studies are revolutionizing our understanding of willpower. According to Baurmeiser, author of Willpower, the only sure fire way to stick to a…

A Guaranteed Way to Become Rich

In my five-year Rich Habits Study I discovered four ways the self-made millionaires in my study accumulated their wealth: Saver-Investor Path Big Company Climber Path Virtuoso Path Dreamer-Entrepreneur Path The…

5 Common Myths About Money

Myth #1 Investing in the Stock Market is the Same as Gambling Thirty-six percent of the self-made millionaires in my study were what I like to call Home Depot Investors.…

The Foundation of Success is Built Upon the Same 4 Pillars

For those of you who are pursuing success and wealth by following the Dreamer/Entrepreneur Path or the Big Company Climber Path, you know all too well that success isn’t easy.…

Smart Money Habits At EVERY Stage of Your Life

In my book, Effort-Less Wealth – Smart Money Habits At Every Stage of Your Life, I share 22 Smart Money Strategies that I discovered from my Rich Habits Study. According…

Becoming Rich is About Hard Work, Persistence and ….. LUCK

I’ve written often about the four paths to wealth: Saver/Investor Path Big Company Climber Path Virtuoso Path Dreamer/Entrepreneur Path The Dreamer/Entrepreneur Path is the hardest of the four paths to…

What is the Best Way for YOU to Become Rich?

To know thyself is the beginning of wisdom. – Socrates One of the most profound discoveries I’ve made in my five-year Rich Habits Study, was the fact that there are…

How the Rich Are Able to Get Others to Help Make Them Rich

“One hundred organized men can always defeat one thousand disorganized ones.” Lenin One of the common attributes of self-made millionaires, from my Rich Habits Study, was their ability to forge…

Stop Pissing on Yourself

My youngest daughter, who normally lives in New Orleans, came home for a little while, which made me very happy. Anyway, she has a Bernedoodle (Bernese Mountain dog/Standard Poodle), named…

Affordable Care Act Supreme Court Case Protective Claim Filing Template To be Sent to the IRS

July 14,  2020Attn: Internal Revenue Service Your Name: Your Address:   Taxpayer’s SSN:  Spouse SSN:  Phone: Tax Year 2016 – Form 1040 This letter is our formal written Protective Claim…

Unsuccessful People Gossip

In my Rich Habits Study, one of the data points I found interesting was about gossiping. Ninety-four percent of the wealthy, successful individuals in my study avoided it vs. 79%…

The TV Time-Wasting Habit Will Keep You Poor

According to a recent survey conducted by OnePoll, on behalf of LG Electronics, the average person in the UK watches 1,248 hours of TV a year. If you do the…

We Were Able to Land on the Moon Because We Have Habits

When you perform any task, brain scans show activity in two areas: the Prefontal Cortex and the Hippocampus. When you continue to repeat a task, brain scans show a shift…

Successful People Remember Everyone’s Name

Our names are one of the most important things to us. They are even more important than our birthdays. When someone remembers your name, it feeds your ego. You feel…

The Most Successful People Don’t Learn From Their Mistakes – They Avoid Making Them

Many business owners and entrepreneurs were part of my Rich Habits Study (51%). The information they shared with me about their daily habits, I consider revolutionary and invaluable. Interestingly, many…