Tip o’ the Morning to Ya – Family

Rich Habits Word of the Day

Endowment – Legacy.  Her endowment was not the wealth she left behind to her children but the love and devotion to family that will last forever.

Rich Habits Fact of the Day

Easter changes every year. It occurs every first Sunday, after the first full moon, following spring. Spring arrives on either March 20th or March 21st (the Vernal Equinox – when nighttime and daytime = 12 hours). The date range for Easter is, therefore, March 22nd (or March 23rd) – April 24 (or April 25th).

Early Easter example: If spring is March 20th and the first full moon after spring is March 21st and the first Sunday after spring and the first full moon is March 22nd, then Easter is March 22nd.

Late Easter Example: If spring is March 21st and the first full moon after spring is 28 days later (full moon is every 28 days), or April 18th and the first Sunday after the first full moon is April 25th, then Easter is April 25th.

Rich Habits Lesson of the Day

Success requires sacrifices. Families sometimes become the victim of the fanatical pursuit of a dream, major purpose or goal. But real success is not just financial. Truly successful people are well-rounded in terms of success. They put their family first, second and third. Followed, then, by everything else. At the end of one’s life, your legacy will be many things, but the most important thing will be the love, time and devotion you gave to your family.

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: [Read more…]

Ten Reasons Why Wealth and Poverty are the Result of Parenting and Habits

From my 5 year study on daily habits, I discovered that parenting and daily habits dictate how financially successful or unsuccessful you will be in life. By focusing my research on rich people and poor people, I made a number of significant discoveries: [Read more…]

Five Things You Should Know About the Importance of Habits

From my research I discovered that daily habits dictate how successful or unsuccessful you will be in life. By focusing my research on rich people ($160,000 income per year plus $3.2 million in net liquid assets) and poor people ($35,000 income or less per year plus < $5,000 in net liquid assets) I was able to identify common daily habits possessed by the rich and the poor. This research is important because it gets to the heart of the issues and causes of income inequality and the wealth gap that plague our country. I learned five key things from my study: [Read more…]

Tip o’ the Morning to Ya – Health Habits – Moderation

Rich Habits Word of the Day

Sobriety – Self- restraint, moderation.  Sobriety seemed the best course of action following a fun-filled holiday season.

Rich Habits Fact of the Day

Food in your diet must be digested before being absorbed by your cells, but alcohol included in your diet flows directly through your body’s membranes into your bloodstream, which carries alcohol to nearly every organ in your body. The unmetabolized alcohol flows through your stomach walls into your bloodstream and on to your small intestine. Most of the alcohol you drink is absorbed through the duodenum (small intestine). From there it flows through a large blood vessel into your liver. In the liver, an enzyme similar to gastric ADH metabolizes the alcohol, which is converted to energy by a coenzyme called nicotinamide adenine dinucleotide (NAD). NAD is also used to convert the glucose you get from other carbohydrates to energy; while NAD is being used for alcohol, glucose conversion grinds to a halt. The normal, healthy liver can process about 1/2 ounce of pure alcohol (that’s 6 to 12 ounces of beer, 5 ounces of wine, or 1 ounce of spirits) in an hour. The rest flows on to your heart.

Rich Habits Lesson of the Day

84% of successful, healthy people in my study drank less than 2 glasses of beer, wine or alcoholic drinks every day. They moderated their consumption of alcohol. A normal, healthy liver can process about 1/2 ounce of pure alcohol (that’s 6 to 12 ounces of beer, 5 ounces of wine, or 1 ounce of spirits) in an hour. The rest flows on to your heart. Alcohol is a sedative. When it reaches your brain, it slows the transmission of impulses between nerve cells that control your ability to think and move. That’s why your thinking may be fuzzy, your judgment impaired, your tongue twisted and your vision blurred.

Tip o’ the Morning to Ya – Health Habits – Eating Smart

Rich Habits Word of the Day

Yen – Craving, desire.  Tom had a yen for a bacon cheeseburger until he found out it had nearly 1,000 calories.

Rich Habits Fact of the Day

Paul Mason, a 50-year-old man from England was once considered the world’s fattest man at 980 lbs. but he recently underwent gastric bypass surgery and already is down to 560 lbs. He says his 20,000 calorie-a- day diet is what attributed to his extreme size, but he also blames Britain’s national health service for not allowing him to see an eating disorder specialist when he was just over 400 lbs.

Rich Habits Lesson of the Day

Poor eating habits are the primary cause of obesity. Healthy, successful people avoid high calorie foods. In my study, 70% of these healthy, successful people ate less than 300 junk food calories a day and 72% ate candy less than twice a week. 70% of all weight loss is caused by your diet. If you’re overweight, it’s because you’re eating too much junk food and too much food that is high in calories. It’s not because you are not exercising enough. Although exercise does help you lose weight, it only accounts for 30% of your weight loss. If you want to lose weight you need to limit your consumption of calories on a daily basis. You may only need to change some of the types of food you eat or reduce your caloric intake by 300-400 calories a day. You need to make eating right a daily habit if you want to stay lean and healthy.

Tip o’ the Morning to Ya – Health Habits – Caloric Threshold

Rich Habits Word of the Day

Abstain – Fast, diet.  By abstaining from eating high calorie food, she was able to lose weight.

Rich Habits Fact of the Day

Researchers from Loyola University Health System and other centers compared African American women in metropolitan Chicago with women in rural Nigeria. On average, the Chicago women weighed 184 pounds and the Nigerian women weighed 127 pounds. Researchers had expected to find that the slimmer Nigerian women would be more physically active. To their surprise, they found no significant difference between the two groups in the amount of calories burned during physical activity. “Decreased physical activity may not be the primary driver of the obesity epidemic,” said Loyola nutritionist Amy Luke, a member of the study team. “We would love to say that physical activity has a positive effect on weight control, but that does not appear to be the case,” Cooper said.

Diet is a more likely explanation than physical activity expenditure for why Chicago women weigh more than Nigerian women, Luke said. She noted the Nigerian diet is high in fiber and carbohydrates and low in fat and animal protein. By contrast, the Chicago diet is 40 percent to 45 percent fat and high in processed foods.

Rich Habits Lesson of the Day

57% of healthy, successful people monitor how much they eat every day. Monitoring how much you eat every day is important because 70% of all weight loss is diet-driven. Each individual has their own unique “caloric threshold”. This is the number of calories you can consume in a day without gaining or losing weight. When you eat too much and exceed your caloric threshold you will gain weight. When you eat less than your caloric threshold you lose weight.

How to Make Losing Weight a Daily Habit

57% of healthy, successful people monitor how much they eat every day. Monitoring how much you eat every day is important because 70% of all weight loss is diet-driven. Each individual has their own unique “caloric threshold”. This is the number of calories you can consume in a day without gaining or losing weight. When you eat too much and exceed your caloric threshold you will gain weight. When you eat less than your caloric threshold you lose weight. Finding your caloric threshold takes 30 days. It involves the following process: [Read more…]

Tip o’ the Morning to Ya – Health Habits – Daily Aerobic Exercise

Rich Habits Word of the Day

Aerobic – Run, jog, bike ride etc.   Aerobic exercise is the exercise of choice among the wealthy.

Rich Habits Fact of the Day

“Everyday I’m up at about 5:30,” said North Texas millionaire Tony Jeary, who is an author and coach to executives. “I have five different trainers.”

Rich Habits Lesson of the Day

76% of the wealthy in my study exercised aerobically 30 minutes or more each day. Their explanation?

  1. Aerobic exercise helps keep the weight off.
  2. Flood the body with oxygen.
  3. Increases metabolic rate.
  4. Increases energy so they can get more done.
  5. Gives them a feeling of well being throughout the day.
  6. Gives them momentum that carries over to the rest of their day.
  7. Gives them more will power and an incentive to eat right during the day.
  8. Increases the power of the immune system.
  9. Get’s the heart rate going which is good for the heart.
  10. Makes them healthier which translates into fewer sick days and more productivity.

Tip o’ the Morning to Ya – The Power of Confidence

Rich Habits Word of the Day

Mettle – Confidence, determination.  His mettle was forged in life by pursing his dream to it’s successful completion.

Rich Habits Fact of the Day

Interview with Richard Branson on Confidence:

PETER THOMPSON: As you reflect back, were you aware of having such a strong inner sense of self-confidence, which has clearly been one of your traits through life?

RICHARD BRANSON: You know, once I was really working on the magazine, and I was doing something that I was interested in, yeah, then I started gaining self-confidence. And I think with dyslexics generally, once they realise that they’ve found something that they can excel at, which often dyslexics can, and they can put aside the areas that they can’t excel at, then they find a purpose in life, and they can do really well.

Rich Habits Lesson of the Day

Confidence commands automatic respect from others. Those with high levels of confidence cast a spell on everyone around them. No one is immune to this spell. Confidence will propel you to positions of leadership in whatever industry you call your profession. Confidence will elevate you  from whatever position you hold in any company or industry to the very top. Confidence will make you very wealthy. Confidence has an incredible power.

Confidence comes from two places: Mentoring and Success. As I’ve said many times before, parents are often the only shot any of us have at having a mentor in life, so parents are critical to instilling confidence in their children. They build the foundation for confidence in their children. But by far the most significant contributor to confidence is success. Experiencing success in your life in your endeavors fuels your confidence and takes it to higher levels. Those who pursue success (by following their dreams, main purpose or some major goal in life) and succeed, grow their confidence geometrically. This creates a domino affect, creating more confidence and more success in life. People flock to those who are successful and have high levels of confidence. You become a magnet to other important, successful people. Most, unfortunately, are raised by parents who do not build the foundation of confidence within their children. This is why pursuing some dream, main purpose or major goal in life is critical in life. When you realize your dream, main purpose of achieve some major goal, it elevates your confidence and magically transforms you into a completely different, better person.