Eight Hours Richer – How to Grow Your Wealth Even While You Sleep


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There are four paths to creating wealth:

  1. Saver-Investor Path
  2. Big Company Climber Path
  3. Virtuoso Path
  4. Dreamer-Entrepreneur Path

The Saver-Investor Rich Habits include the following:

  • Frugal Spending – Frugal does not mean cheap. Frugal means spending your money on the lowest price, highest quality product or service available.
  • Saving 20% or more of your income.
  • Bucket System for Your Savings – Identifying specific savings priorities and devoting a percentage of your savings to each bucket: Wedding, First Home, Emergency Fund, College Savings, Building Wealth by Prudently Investing Your Savings, Retirement, etc.

There are many other Rich Habits for Saver-Investors. In my soon-to-be-released book, Effort-Less Wealth – Smart Money Habits For Every Stage of Your Life, I share all of the Rich Habits that virtually guarantee at a minimum, financial independence and possibly even make you wealthy.

Saver-Investors have a life plan that they follow which puts financial success on autopilot. Because they follow a plan, they are able to automatically build wealth. Their investments appreciate, dividend income accrues and interest income on those investments grows automatically. So, in a sense, their wealth is compounding and growing, even when the are asleep – making them eight hours richer every time they wake up.

For those who live beyond their means, the interest on their debt continues to grow while they are sleeping. So, in a sense, every time they wake up, they are eight hours poorer.

If you want to build wealth the easiest way possible, the Saver-Investor Path is the way to go. But it all starts in the same place for everyone – paying yourself first and living off what’s left. When you make a decision to save first, you force yourself to reduce your cost of living, allowing you to live below your means. Then you can put your savings to work by prudently and consistently investing your savings, so that it can grow – even when you are sleeping!

My mission is to share my unique research in order to help others realize their dreams and achieve their goals. If you find value in these articles, please share them with your inner circle and encourage them to Subscribe. Thank You!

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Thomas C. Corley About Thomas C. Corley

Tom Corley is a bestselling author, speaker, and media contributor for Business Insider, CNBC and a few other national media outlets.

His Rich Habits research has been read, viewed or heard by over 50 million people in 25 countries around the world.

Besides being an author, Tom is also a CPA, CFP, holds a master’s degree in taxation and is President of Cerefice and Company, a CPA firm in New Jersey.
Phone Number: 732-382-3800 Ext. 103.
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