A man spent 5 years studying rich people - Thomas C. Corley

He spent 5 years studying rich people because he wanted to know the answer to one question: Why are some people rich and other people poor?  

 

He sated that "one of the most valuable things I learned is that there are only two ways to become rich:

  1. Live below your means (spend less than you earn).
  2. Expand your means (earn more than you spend).
 
"Think long and hard about the effect your friends, and those you associate with on a daily basis, are having on your spending and savings habits. If you hang out with spendthrifts, there’s a good chance you could become one yourself".

"One of the hallmarks of the self-made millionaires in my study was the conscious effort they made to associate with like-minded individuals. If a close relationship was a spendthrift, they limited how much time they spent with those individuals". - Thomas C. Corley Click here to read more: http://www.businessinsider.com/best-money-advice-wealth-study-2015-11 

  

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