4 Spending Habits to Avoid


I found a common thread in the spending habits of self-made millionaires that is one of the many pieces to the success puzzle – discipline. They are disciplined about how they spend their money. Here are the top four spending habits I discovered:

  1. They do not use credit cards for ordinary living expenses
  2. They do not make spontaneous purchases
  3. They spend no more than 25% of their after-tax (net) income on housing
  4. They do not gamble, or gamble infrequently
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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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