Archived Articles

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…

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,…

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…

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…

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…

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…

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…

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,…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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,…

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…

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…

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?…

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…

“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…

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.…

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…

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,…

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:…

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…

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…

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,…

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…

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.…

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…

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…

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…

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…

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.…

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.…

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…

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…

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…

“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…

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…

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…

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%…

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…

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…

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…

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…