AJ: We’ve been busy lately, REALLY busy. When I came across this article (Entreprenur.com), it provided a welcome perspective as to why we keep cramming things into our lives even when our cups already runneth over. This post feels like a good post-holiday reset as we all drag our way through life until Labor Day (am I right!?) just praying for a snow day.
I’ve pulled out a few of the stats that resonated loudly with me, and I’d love to know how you all feel about these. Full disclosure – there are a few on the list that don’t resonate with us all of the time: they don’t watch TV (I’m a TV-aholic), They read…but not for fun (I read for fun like a maniac), they’re big into audio book (NO THANK YOU)! So maybe I’m not quite “rich people” material yet, but I like to think we’ve got the fundamentals down.
- Rich people always keep their goals in sight.
“I focus on my goals every day.”
Rich people who agree: 62%
Poor people who agree: 6%
Not only do wealthy people set annual and monthly goals, but 67% of them put those goals in writing.
OF COURSE wealthy people set goals and they probably accomplish them, too! I think the thing that fascinates me more about this set is that only 6% of poor people claim they make goals. We’ve posted several times about our goals which are a huge priority for both of us as individuals and as a household. We love accomplishing goals together and while sometimes that’s more exhausting than anything else, it’s still a way that we thrive in our relationship together. I would love to know how these statistics change within the community of retired, wealthy people. Even when we’re on vacation I find myself setting goals – sometimes that goal is to get out of bed by 11, but it’s a goal none the less!
KJ: Goals are such an important part of personal (and professional) success and fulfillment. If you’re not setting goals – and keeping them in front of you – then how do you know where you’re headed? Be sure to make your goals specific, measurable, assignable (i.e. who will do it), realistic, and time-related (the S.M.A.R.T.).
- And they know what needs to be done today.
“I maintain a daily to-do list.”
Rich people who agree: 81%
Poor people who agree: 19%
Not only do the wealthy keep to-do lists, but 67% of them complete 70% or more of those listed tasks each day.
AJ: A to-do list seems like such a simple thing but whether the intention is to accomplish everything on the list in one day or over the course of six months, it’s a living, breathing representation of what it means to be a forward-thinking person. Rarely do people earn money by sitting in the wings waiting for money to come to them. Without a proper to-do list, my meal planning, incidental planning and over and above spending would go haywire. I have to actively plan to manage our expenses and staying on top of that means staying ahead of our retirement goals.
KJ: I am a fanatic for to-do lists. There’s just something about writing down your goals or task list for the day and being able to physically cross them off as you complete items that is quite rewarding. It creates a sense of accomplishment, and it gives you the buy-in that you are working toward something. Sure, not all items are accomplished each day, but the exercise I find is quite valuable!
- They aren’t hoping to win the jackpot.
“I play the lottery regularly.”
Rich people who agree: 6%
Poor people who agree: 77%
That’s not to say that the wealthy are always playing it safe with their money. “Most of these people were business owners who put their own money on the table and took financial risks,” explains Corley. “People like this aren’t afraid to take risks.”
AJ: I love this one. We know MANY people who play the lottery with the empty hopes of improving their means. Lottery-minded people are not traditionally saving-minded, financial goal-driven people. Why not redirect those hopes and dreams into something you can control – like investing in yourself through a potential promotion, education, or certification? Personally, if I’m going to take a chance on burning money, I’d prefer to do it in a way that results in a bigger reward, one that would help me achieve my goals of course!
- What else do you think differentiates the truly rich from the rest of the general population?
Why aren’t rich people watching TV and reading for fun?
What happens when rich people also become the least interesting people in the world? 🙂
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