Reading and Success – A Simple Matter of Cause and Effect

In my five-year study of the daily habits of the rich and poor I found that the wealthy have some very unique habits. These unique habits painted a picture that could lead to only one conclusion: your daily habits are responsible for your financial circumstances in life. Good daily success habits are the cause – wealth and success, the effect. Of the more than 200 metrics I tracked in my study, some included reading habits. Here’s what I uncovered:

  • 86% of the wealthy loved reading vs. 26% for the poor.
  • 63% of the wealthy listened to audio books during their commute to work vs. 5% for the poor.
  • 85% of the wealthy read two or more self-improvement books every month vs. 15% for the poor.
  • The books wealthy people read disproportionately included non-fiction books such as: biographies, history, self-help, history, science, career-related books and educational books.
  • 88% of the wealthy read 30 minutes or more each day vs. 2% for the poor.
  • 94% of the wealthy, on a daily basis, read newspapers, newsletters, magazines, blogs and other digital media vs. 11% of the poor.

One of the metrics that appears to be a key driver for the wealthy and their reading habits is their passion to learn new things. 86% of the wealthy indicated that they loved to learn new things. Only 5% of the poor shared this same passion.

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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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