Wealth guru,Tom Corley, comprised years of research on the difference in habits of the rich and poor.
He categorized "rich" as people with a with annual gross income of $160,000+ and net liquid assets of $3.2 million+. He defined "poor" as those with a gross income of $35,000 or less and no more than $5,000 in liquid assets.
Here are some of the habits and the differences between the two groups:
1. Eating Healthy: In his study, Corley found that 70% of rich people eat less than 300 “junk food” calories a day. Meanwhile, 97% of poor people eat more than 300 “junk food” calories a day.
2. Well Defined Goals: His study found that 80% of rich people are focused on achieving ONE defined goal. Only 12% of poor people set one single goal. He also discovered rich people are 4 times more likely to write down their goals.
3. Training The Body: The research in this article found that 76% of rich people exercise regularly (at least 4 times per week). On the contrary only 23% of poor people work out.
4. Reading Books: The study shows 88% of rich people read something career related at least 30 minutes a day. Only 2% of poor people read daily.
5. Keeping in Touch: The study found 80% of wealthy people make regular happy birthday calls to loved ones while only 11% of poor people do.
6. Watching TV: 67% of wealthy people watch less than one hour of TV per day while only 6% of poor people do the same.
7. Making Lists: 81% of wealthy people have an on-going to-do list. Only 19% of poor people indicated that they use paper and to-do lists to organize their thoughts and day.
Ask yourself where you fall in these habit categories. You can come up with a million reasons why you can’t or won’t change these things, but if you did how much different would your life look in 1 year, 5 years, or 10 years.