20 Things Rich People Do

Every Day
I was reading Dave Ramsey’s blog and came
across the post about what the rich do daily. It
lists 20 things rich people do daily that poor
people don’t do. The premise is that we can all
improve our own net worth by learning and
then implementing the 20 things rich people
do.
Tom Corley, on his website RichHabits.net,
outlines a few of the differences between the
habits of the rich and the poor as follows. I’m
using this to examine my own habits and have what I do regarding each habit following the listed
habit. You could do this for yourself and see how you stack up. Maybe it’s time to change some
habits? Use the list to evaluate your own habits and then implement the habits of wealthy people.
So what do the rich do every day that the poor don’t do?

20 Things Rich People Do Every Day

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. – I have been diligent about cutting back on junk food and calories lately so I’m
moving more toward a wealthy lifestyle habit in this case. Also, I don’t gamble.

2. 80% of wealthy are focused on accomplishing some single goal. Only 12% of the poor
do this. – I need to get better at this but I do normally have at least 1 thing I want to do every
day even if it’s pretty simple.

3. 76% of wealthy exercise aerobically 4 days a week. 23% of poor do this. – I do this! I am
currently exercising almost every day and have a goal to get at least 30 minutes of cardio 4-5
times a week. So far, so good.
4. 63% of wealthy listen to audio books during commute to work vs. 5% for poor
people. – I don’t have a commute so this one doesn’t really apply. When I did have a
commute it was short and I would listen to either the radio or a podcast or make a phone call.

5. 81% of wealthy maintain a to-do list vs. 19% for poor. - I’m the master of to-do lists. I love
making lists and I adore to-do lists. It helps keep me focused and keep accomplishing things!

6. 63% of wealthy parents make their children read 2 or more non-fiction books a month
vs. 3% for poor. – I don’t have children.

7. 70% of wealthy parents make their children volunteer 10 hours or more a month vs.
3% for poor. - I don’t have children.

8. 80% of wealthy make hbd calls vs. 11% of poor. - Not sure about this. (hbd is “happy
birthday”.)

9. 67% of wealthy write down their goals vs. 17% for poor. – I definitely do this. I keep
written goals around my house and I keep written goals on this blog. I feel that just the act of
writing down goals helps you cement your direction and get closer to achieving what you
want.

10. 88% of wealthy read 30 minutes or more each day for education or career reasons vs
2% for poor. - I don’t do this daily but I do read quite a bit for education and career reasons.
A lot of this is through blogs and news sites but I also still read books as well. My latest read
– The Fire Starter Sessions: A Soulful + Practical Guide to Creating Success on Your Own
Terms.

11. 6% of wealthy say what’s on their mind vs. 69% for poor. – I definitely lean toward not
saying what’s on my mind in a lot of situations because I know it’s not appropriate. This is a
very interesting point that I never thought about, but saying what is on your mind all the time
could definitely lead to negative situations.

12. 79% of wealthy network 5 hours or more each month vs. 16% for poor. – Networking is
one area where I fail miserably. I’m very introverted and shy so I tend to shy away from
traditional networking opportunities.

13. 67% of wealthy watch 1 hour or less of TV every day vs. 23% for poor. – Since I cut
cable I’ve barely watched any TV at all and only through Netflix. In the past I’ve used TV
 watching time to double as blog time – catching up on admin tasks so I’m somewhat
productive while also enjoying TV guilt free.

14. 6% of wealthy watch reality TV vs. 78% for poor. – Okay, you got me on this one. I love
some reality TV. Not stuff like the Kadashians or the Housewives, but things like Gold Rush
Alaska and Swamp People and other shows that introduce me to lives I’ll never live. Also I
enjoy things like Top Chef and Project Runway where the focus is creation and talent.

15. 44% of wealthy wake up 3 hours before work starts vs. 3% for poor. – When I was
employed I woke up 1-2 hours before work started. Now that I’m doing my own thing I have
been horrible at having a standard wakeup call for myself.

16. 74% of wealthy teach good daily success habits to their children vs. 1% for poor. – I
don’t have children.

17. 84% of wealthy believe good habits create opportunity luck vs. 4% for poor. – I do
believe this, which is why I continue to try to establish the types of good habits that will lead
to opportunity.

18. 76% of wealthy believe bad habits create detrimental luck vs. 9% for poor. – Agree with
this as well to a certain extent. I know it’s not true in all cases but bad habits do majorly affect
the types of opportunities that come along.

19. 86% of wealthy believe in life-long educational self-improvement vs. 5% for poor. – I
fully agree with this and am surprised more poor people don’t agree with it as well. I believe
we never stop learning and improving ourselves throughout life. Education doesn’t stop in
school.

20. 86% of wealthy love to read vs. 26% for poor. – I looooove to read! That will make me
wealthy, right? Time to go read now!

Surprisingly I already do or agree with most of the things wealthy people do daily!

Other habits of the rich:

 They invest their money with trusted companies. Investing is a good way to earn on your money
long term.
 They manage money well.
 They make sure they are spending less than they are making – this is how you gain wealth. You
just can’t spend everything you earn!
I’m doing a lot of these things! This means in the long term my good habits should pay off
handsomely, right? Just gotta get through this lean period and I’m sure they will.
Do you share many habits of the rich? Or the poor?

Source: Figuring Money Out

Figuringmoneyout.com