Archived Articles

The Happiness Gene

Every human being is born with a very special gene that has given us space flight, computer technology, the Mona Lisa, the Eiffel Tower, the Beatles, the iPhone, cures for small…

Happiness is a Habit

A January 2008 study on 973 pairs of adult twins, many of whom were identical, found that 50% of happiness was genetic. The remaining 50% was dictated by your behaviors,…

Socialism – The Arch Enemy of Life, Liberty & the Pursuit of Happiness

Wealth is a byproduct of success. It is the carrot at the end of the stick. Take away that carrot and you remove the desire to pursue success. Socialism not…

Everyone is Afraid

Fear, whether conscious or subconscious, holds most back in life. It’s very much like a boat’s mooring lines, tethering you to the dock, preventing you from venturing too far. The…

Who Do I Want To Be?

Successful, self-made millionaires almost always start their journey to success by having a clear vision of who they want to be in five years, ten years, twenty years, etc. They…

How the Rich Build Strong Relationships With Powerful, Influential People

Relationships are the currency of the wealthy. The wealthy make a daily habit of forging relationships with powerful influencers. They build these “Power Relationships” by following certain rules that I…

How To Magically Transform Your Life

If you want to realize any dream or achieve any goal you must first believe you can realize your dreams and achieve your goals. The power of belief taps the…

Success Can Only Flourish in a Free Market Society

There are eight factors or prerequisites that make success possible. Without these eight factors, there is no possibility for success and, thus, no reason to pursue success. #1 Free Market…

30 Destructive Beliefs That Will Keep you Poor

Human beings are amazing! We are the only species on earth with the capability to turn thoughts into reality. We dream. We dream amazing dreams. We create amazing things from…

18 Habits That Separate the Rich and the Poor

In my five-year study of the daily habits of the wealthy and the poor I tracked over 300 activities that separate the rich and the poor. Here is a sampling…

Many Successful People Are Copy Cats

Many successful individuals seek to mimic or model themselves after other successful people they admire. Typically, these are individuals within their same industry. This copy cat strategy helps you in…

Changing Your Habits is Easy – If You Know How

If you try to make massive habit changes all at once, you’re going to fail. Your new habits will only last a few weeks because massive habit change consumes an…

4 Traits That Separate the Rich from the Non-Rich

According to the Tax Foundation, only 5% of America’s households make enough money to be considered “wealthy”.  And this 5%, according to the Federal Reserve Survey of Consumer Finance, controls 60%…

Habits Alter Your Genes

Each one of us inherits 23 chromosomes from our Mother and 23 chromosomes from our Father. Residing on each one of those 46 chromosomes are genes. It is estimated that…

This Checklist Strategy Will Dramatically Improve Your Life

The aviation industry was one of the first industries to institutionalize checklists as part of their industry business model. Today, ground crews are required to complete checklists whenever a plane…

5 Laws Successful Entrepreneurs Follow

Many first-time entrepreneurs fail. And when they fail, everyone inside their inner circle suffers – spouses, children, business partners, their banks, creditors, and others feel the pain of their failure.…

Your Self-Image Drives Your Daily Habits

I was driving to my office one morning and noticed this guy in his mid to late 30’s walking along a path just outside a local park I pass on…

Entrepreneurs are Heroes

Home Foreclosure Divorce Bankruptcy Damaged Relationships Disenfranchised Family Members Retirement Savings Wiped Out Home Equity Wiped Out Massive Debt Constant Stress Significant Time Invested Foregoing a Salary Twenty-seven percent of…

Outliers Change the World

Of the Four Paths to Wealth, which I discovered thanks to my Rich Habits Study, the Dreamer-Entrepreneurs represent the most unique group. What makes them so unique? They are Outliers.…

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,…