22 Habits of People Who Accumulate Wealth.
Tom Corley is a CPA and Financial Planner who spent four years interviewing “Wealth Accumulators” (WAs) and “Non-Wealth-Accumulators (NWAs) about their various habits. He compiled his statistics and made many fascinating observations, including those listed below. Many of the habits are just common sense practices that obviously work, and some are surprising such as our favorite: “avoiding gossip.”
About the Study
Please note: This info was taken from other blogs in which the terms “wealthy” and “poor” were used. Our staff found the use of those terms very offensive, so we substituted the term “wealth accumulator.” We make no judgments about the character of any people who do or do not follow the below habits. Again, we merely found some of the habits interesting.
22 Wealth Accumulation Habits
1. 70% of wealth accumulators (WAs) eat less than 300 junk food calories per day. 97% of Non-wealth-accumulators (NWAs) eat more than 300 junk food calories per day.
2. 23% of wealth accumulators gamble. 52% of Non-wealth-accumulators gamble.
3. 80% of wealth accumulators are focused on accomplishing some single goal. Only 12% of Non-wealth-accumulators do this.
4. 76% of wealth accumulators exercise aerobically four days a week. 23% of Non-wealth-accumulators do this.
5. 63% of wealth accumulators listen to audiobooks during their commute to work vs. 5% of non-wealth accumulators.
6. 81% of wealth accumulators maintain a to-do list vs. 19% of Non-wealth-accumulators.
7. 63% of wealth accumulators’ parents make their children read two or more non-fiction books a month vs. 3% of non-wealth accumulators.
8. 70% of wealth accumulators’ parents make their children volunteer 10 hours or more a month vs. 3% of non-wealth accumulators.
9. 80% of wealth accumulators make Happy Birthday calls vs. 11% of non-wealth accumulators.
10. 67% of wealth accumulators write down their goals vs. 17% of non-wealth accumulators.
11. 88% of wealth accumulators read 30 minutes or more each day for education or career reasons vs. 2% of non-wealth accumulators.
12. 6% of wealth accumulators say what’s on their mind vs. 69% of non-wealth accumulators.
13. 79% of wealth accumulators network five hours or more each month vs. 16% of non-wealth accumulators.
14. 67% of wealth accumulators watch one hour or less of TV every day vs. 23% of non-wealth accumulators.
15. 6% of wealth accumulators watch reality TV vs. 78% of non-wealth accumulators.
16. 44% of wealth accumulators wake up three hours before work starts vs. 3% of non-wealth accumulators.
17. 74% of wealth accumulators teach good daily success habits to their children vs. 1% of non-wealth accumulators.
18. 84% of wealth accumulators believe good habits create opportunity luck vs. 4% of non-wealth accumulators.
19. 76% of wealth accumulators believe bad habits create detrimental luck vs. 9% of non-wealth accumulators.
20. 86% of wealth accumulators believe in lifelong educational self-improvement vs. 5% of non-wealth accumulators.
21. 86% of wealth accumulators love to read vs. 26% of non-wealth accumulators.
22. 6% of wealth accumulators admit to gossiping vs. 79% of non-wealth accumulators.
