Circumstances are temporary but made permanent by our daily habits. Those who have good daily habits do well in life. Those who have bad daily habits, do not. The few with good daily habits are rewarded with success, wealth, good health and, above all, happiness. The masses with bad daily habits fail, struggle financially, have poor health and, above all, are unhappy.

Your daily habits dictate your circumstances in life. Changing your circumstances requires that you change your daily habits. Most, in America, are born into either poverty or the middle-class. 87% of those who are rich were raised in a  poor or middle-class home. Yet, somehow, they were able to rise above their circumstances and achieve wealth. So, clearly, circumstances you are born into do not dictate your financial status in life. But how do they do it? [Read more…]

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…]

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…]

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…]

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…]

Compared to the rest of society, successful people are weird. They think differently than the rest of us. However they arrive at their thoughts, the fact is, those thoughts seem very weird to the majority of us. Here are some excerpts from my research of the weird thinking of successful people: [Read more…]

You’ve no doubt heard about the power of positive thinking. The Power of Positive Thinking, by Norman Vincent Peale and Think and Grow Rich, by Napoleon Hill were two of the most famous books written on the subject of positive thinking. They are great books. While I am a big believer in the power of positive thinking, I learned from my five-year study of wealthy, successful people that action, not thinking, makes success happen. Rich Thinking is critical in preparing the mind for the action necessary to turn dreams into reality. More emphasis, however, is placed on the thinking and beliefs that are important to facilitating success than on the action that actually makes success a reality. Without action you will not become successful in life. It doesn’t matter how strong your beliefs or how positive your thinking might be.

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When you live in a free country you can, for the most part, do as you please in life with your free time. But with freedom comes responsibility. How you live your life determines how successful you will be in life. Just because you can say and do things, doesn’t mean you should. Here are some lessons I learned from my five-year study about wealthy, successful people:  [Read more…]

When you lose your passion in life, at worse you spiral out of control; at best you become a zombie, sleepwalking through life. It doesn’t matter how smart, educated, hard-working, skilled, wealthy or successful you are. A loss of passion takes away all the advantages you have in life. A loss of passion eventually leads to depression, which can take weeks, months or even years to recover from.  [Read more…]

Once we move beyond the need for food and shelter, we are all after one thing in life – happiness. Happiness, unfortunately, is elusive. Most people are, in fact, unhappy and most of those unhappy people will do anything to pursue happiness.  [Read more…]