Wealthy Tips - Financial Fitness with Alan Akina

14 Aug 2015 · 1 min

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1:27

In this short Wake Up Today segment, host Alan Akina argues that building wealth can be accelerated by deliberately copying the behaviors of successful, wealthy individuals. He references a study by bestselling author Tom Corley (author of Rich Kids) that identified seven habits that distinguish the rich from the poor. For each habit, Akina provides a striking comparative statistic: 72% of the rich know their credit score versus 5% of the poor; only 6% of the rich play the lottery versus 77% of the poor; 80% of the rich focus on at least one goal versus 12% of the poor; 63% of the rich limit recreational internet use to under an hour per day versus 26% of the poor; 83% of the rich attend back‑to‑school nights for their children versus 13% of the poor; 63% of the rich listen to audiobooks during commutes versus 5% of the poor; and 79% of the rich believe they are personally responsible for their financial condition versus 18% of the poor. Akina frames these findings as actionable habits that viewers can adopt, ending with a friendly sign‑off and a reminder to tune in on Monday.

Chapters

Good morning, gang! Have you ever wondered what the rich do that helps them build wealth? Well, the best way to become good at something is to mimic those that are successful at that particular skill. For example, if you want to be a good 3-point shooter in basketball, you should be studying Steph Curry of the Golden State Warriors. So is the same for building wealth. Now, a recent study by bestselling author Tom Corley, who also wrote the book Rich Kids, gives us 7 habits of the rich. 72% of the rich know their credit score versus only 5% of the poor. 6% of the rich play the lottery versus 77% of the poor. 80% of the wealthy focus on at least one goal versus only 12% of the poor. 63% of the wealthy spend less than 1 hour per day on recreational internet use versus 26% of the poor. 83% of the wealthy attend back-to-school night for their kids versus 13% of the poor. 63% of the wealthy listen to audiobooks during their commute versus only 5% of the poor. 79% of the wealthy believe they are responsible for their financial condition versus only 18% of the poor. For Wake Up Today, I'm Alan Akina. See you on Monday!