Poor People Don’t Floss Their Teeth …….. and 20 Other Poverty Habits

In my five-year study of the daily habits of the wealthy and the poor I tracked over 200 activities that separate these two groups. Here is a sampling of some of the differences in their daily activities:

  1. If you’re Poor you probably lease a car. 45% of the poor leased a car vs. 6% for the rich. If you think it’s because monthly lease payments are lower than monthly loan payments, think again.
  2. 13% of the rich drive a luxury car vs. 9% of the poor. The big difference here is that the rich own their luxury cars while the poor lease their luxury cars.
  3. The rich carefully monitor their credit. They know if they have good credit and they know what their credit score is. 72% of the wealthy knew their credit score vs. 5% of the poor.
  4. Rich parents raise above average students. 29% of wealthy households had one or more children who made the honor role vs. 4% for the poor.
  5. The rich were better students than the poor. 62% of the wealthy were either A or B students vs. 26% of the poor. 34% of the poor were below average students vs. 7% of the rich.
  6. Poor people like to play the lottery. 77% of the poor admitted to playing the lottery regularly vs. 6% of the rich. But it’s not just the lottery they gamble their money on…..
  7. 52% of the poor admitted that they gamble on sports at least once a week vs. 16% of the wealthy.
  8. It seems the poor cannot control their emotions. 43% of the poor admitted to losing their temper at least once in the past month vs. 19% of the wealthy.
  9. Parents of the rich were better mentors. 75% of the rich learned good daily success habits from their parents. 94% of the poor admitted that their parents were poor mentors.
  10. The rich do a better job keeping the pounds off. 21% of the wealthy admitted to being overweight by 30 pounds or more. vs.66% of the poor. But there’s more to this story…
  11. 69% of the poor visit fast food restaurants 3 times or more each week. 75% of the wealthy stay away from fast food restaurants. Still more….
  12. 57% of the rich counted calories every day vs. 5% of the poor. Wait, not done yet…
  13. 69% of the poor eat candy more than once a week vs. 28% of the rich. It gets worse….
  14. 70% of the rich ate less than 300 junk food calories each day. 97% of the poor ate more than 300 junk food calories.  Got one more on health…
  15. 76% of the rich exercise aerobically every day vs. 23% for the poor.
  16. How do the rich and the poor think when it comes to wealth and poverty? 79% of the poor believe wealth is the result of random good luck. 92% of the rich disagree.
  17. 90% of the poor believe in fate vs. 10% for the wealthy.
  18. 79% of the rich believe they are the cause of their financial condition. 82% of the poor believe they are not responsible for their poverty. It’s someone else’s fault.
  19. The poor love T.V and reality shows. 77% of the poor admitted to watching more than one hour of T.V. each day  and their preference? Reality T.V. wins hands down. 78% of the poor watch reality T.V. shows. The rich, on the other hand are not big on T.V. 67% watch less than an hour each day and it’s not reality T.V. that they tune in to. Only 6% watch reality T.V.
  20. Last but not least…. 62% of the rich floss regularly vs. 16% for the poor.

There you have it. It’s not pretty. We only scratched the surface. The rich are rich because they have more Rich Habits than Poverty Habits and the poor are poor because they have more Poverty Habits than they have Rich Habits. If you want to rise from poverty or the middle-class you’ve got to change your daily habits.

Tip o’ the Morning to Ya – The Importance of Focus


Word of the Day

Sedulous – Diligent. Her sedulous attention to her goals is why she is so successful in life.

Rich Habits Fact of the Day

George Brett as the first major league baseball player to win a batting title in three different decades (1976, 1980 and 1990). Brett was known for his intense focus.

Rich Habits Lesson of the Day

Focus does not just happen. It is the byproduct of an intense passion that is created the moment you identify your chief aim in life. When you find your main purpose in life, your chief aim, you are filled with an intense passion and this passion gives you the ability to focus on achieving your chief aim in life. You know you are focused when you think about your chief aim in life every waking moment. When your chief aim in life becomes your obsession you cannot fail to realize the goals that you create in order to realize your chief aim in life. Focus allows you to overcome all of the roadblocks that life puts in your way. Focus allows you to become better, create new abilities, skills and facilitates the manifestation of the creative solutions that will overcome all obstacles that are between your old reality and your future reality.

About Tom Corley

Tom Corley is a #1 Amazon Bestselling Author. Corley understands the difference between being rich and poor… At age 9 his family went from being multi-millionaires to poor in just one night.

Tom spent five years studying the daily activities of 233 wealthy people and 128 people living in poverty. Tom discovered there are vast differences in the daily habits of the two groups. During his research he identified 149 daily activities that separated the “haves” from the “have nots.The culmination of his research can be found in his #1 Bestselling book, Rich Habits – The Daily Success Habits of Wealthy Individuals (www.RichHabits.net).Tom is a CPA, CFP and holds a Master’s Degree in Taxation and is President of Cerefice and Company, CPAs as well as the CEO of The Rich Habits Institute, an organization dedicated to Rich Habits training and rich Habits education learning sessions.

Tom has shared his insights on The Dave Ramsey Show, Marketplace Money, WABC, WCCO, KOA, KDKA, KKOB and more than 1,000 other radio stations in the U.S., Canada and Australia, a host of print media publications and many TV shows including Yahoo Finance’s Financially Fit with award winning host Farnoosh Torabi(Today Show, Kelly and Michael, The View).   

Tom’s number is 732-382-3800 Ext 103.  Email: TOM@RICHHABITS.NET  Media Kit: http://richhabits.net/rich-habits-buzz-media-kit/

The Dave Ramsey Show: Interview with Tom Corley

Dave Ramsey Blog: 20 Things The Rich Do Every Day

[ Source: daveramsey.com ]

So what do the rich do every day that the poor don’t do?

In this radio interview, best-selling author Tom Corley outlines a few of the differences between the habits of the rich and the poor:

1. 70% of wealthy eat less than 300 junk food calories per day. 97% of poor people eat more than 300 junk food calories per day. 23% of wealthy gamble. 52% of poor people gamble.

2. 80% of wealthy are focused on accomplishing some single goal. Only 12% of the poor do this.

3. 76% of wealthy exercise aerobically 4 days a week. 23% of poor do this.

4. 63% of wealthy listen to audio books during commute to work vs. 5% for poor people.

5. 81% of wealthy maintain a to-do list vs. 19% for poor.

6. 63% of wealthy parents make their children read 2 or more non-fiction books a month vs. 3% for poor.

7. 70% of wealthy parents make their children volunteer 10 hours or more a month vs. 3% for poor.
[Read more…]

Tip o’ the Morning to Ya – Be Honest Yet Tactful



Rich Habits Word of the Day 

Grifter – Fake, fraud, huckster.

Rich Habits Fact of the Day

U.S. Constitution is made up of 7 Articles and 27 Amendments. The most popular and well-known Amendment is the 1st Amendment which set out the five freedoms: Religion, Speech, Press, Assembly & Petitioning the Government.

Rich Habits Lesson of the Day

Speaking your mind turns out to be not such a good thing. Only 6% of the wealthy say what’s on their mind. 94% filter every thought that comes out of their mind before it comes out of their mouths. The reason? The wealthy indicated that saying what’s on  your mind often hurts other people’s feelings and can damage important relationships. 69% of poor people have the Poverty Habit of saying what’s on their mind. Consequently, they often struggle maintaining relationships.