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re: 20 Habits of Wealthy People vs Poor People

Posted on 8/6/13 at 12:11 pm to
Posted by HeadyMurphey
Los Santos
Member since Jan 2008
17184 posts
Posted on 8/6/13 at 12:11 pm to
quote:

15. 44% of wealthy wake up 3 hours before work starts vs.3% for poor.


What's the point in thi? I thought I was crazy getting up 2 hours before work.
Posted by C
Houston
Member since Dec 2007
27824 posts
Posted on 8/6/13 at 12:18 pm to
quote:

What's the point in thi? I thought I was crazy getting up 2 hours before work.


Working out, eating breakfast, catching up on stuff that happened overnight.
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 8/6/13 at 1:01 pm to
It's probably also the idea of not showing up right at 9am just to make sure to clock in....

I think many wealthy people don't necessarily watch the clock...at all....
Posted by Powerman
Member since Jan 2004
162219 posts
Posted on 8/6/13 at 1:10 pm to
quote:



Working out, eating breakfast, catching up on stuff that happened overnight.



Guess that might work out well for you if you have a 9 AM start on the East Coast or something

For those of us that start work around 6 AM it would be pretty asinine to get up at 3 in the morning
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15045 posts
Posted on 8/6/13 at 2:00 pm to
quote:

For those of us that start work around 6 AM

How many wealthy people you think have shifts that start at 6 am, and a supervisor who will ream them out for being 5 minutes late?

Not that I doubt the 3 hr thing is true, I just think they have the causation backwards.
Posted by C
Houston
Member since Dec 2007
27824 posts
Posted on 8/6/13 at 2:17 pm to
I work my own hours. I get up at 5ish. In work by 6 unless I work out. But the rest of the crowd doesn't show until 730-8. My boss is never in before 8. Her boss is in by 7. She has twin 3 year old girls so its not like she is snoozing.
Posted by Powerman
Member since Jan 2004
162219 posts
Posted on 8/6/13 at 2:22 pm to
quote:


How many wealthy people you think have shifts that start at 6 am, and a supervisor who will ream them out for being 5 minutes late?

Not that I doubt the 3 hr thing is true, I just think they have the causation backwards.


Precisely

It's not like you're going to become wealthy by waking up 3 hours early for your 40K a year job every day.
Posted by jglass3lsu
Member since Jan 2007
882 posts
Posted on 8/7/13 at 12:40 am to
Habit #1: Having wealthy parents/family.
Posted by jmh5724
Member since Jan 2012
2135 posts
Posted on 8/7/13 at 1:08 am to
quote:

14. 6% of wealthy watch reality TV vs. 78% for poor.


Since 90% of shows are basically considered reality now days, are some considered poorer than others?

For instance, I like to watch pawn stars and american pickers solely for the historical value of the items. I will not watch swamp people, duck dynasty, big brother ect...
Posted by C
Houston
Member since Dec 2007
27824 posts
Posted on 8/7/13 at 6:22 am to
quote:

For instance, I like to watch pawn stars and american pickers solely for the historical value of the items


ah denial. First step is admiting you have a problem...

Posted by TejasHorn
High Plains Driftin'
Member since Mar 2007
10923 posts
Posted on 8/7/13 at 6:28 am to
How about burning time on social media outside of linkedin?

Wonder what those %'s look like.
Posted by Bayou Tiger
Member since Nov 2003
3658 posts
Posted on 8/7/13 at 6:42 am to
Also, I don't listen to audiobooks on my commute. But I listen to numerous podcasts instead.

That's got to count for something. So I think that would put me over the hump at 11/20 wealthy habits.

With a little schmoozing and being a dick to my kids I can push that score even higher.

Posted by Bubba Bexley
Member since May 2007
3579 posts
Posted on 8/7/13 at 8:01 am to
quote:

Guess that might work out well for you if you have a 9 AM start on the East Coast or something

For those of us that start work around 6 AM it would be pretty asinine to get up at 3 in the morning


Central time zone, at work at 7:30 every morning. I get up at 4:00 AM and go to the gym. Home at 5:45, coffee/news/breakfast for 20 minutes, then the my wife and son get up and the day starts. I don't get off work until 5:00 - 5:30 though. For me, the getting up that early is driven more by the time I get off work than it is the time I go in.
Posted by Bubba Bexley
Member since May 2007
3579 posts
Posted on 8/7/13 at 8:08 am to
quote:

I like to watch pawn stars and american pickers solely for the historical value of the items. I will not watch swamp people, duck dynasty, big brother ect...


Now that I think about it, I don't watch any traditional television programs, other than what comes on the Disney Channel when I watch with my son. I do watch Swamp people and Duck Dynasty occasionally. Deadliest Catch and Mountain Men are the two I primarily watch. I used to enjoy Last American Cowboy. I haven't seen it in awhile so I assume it went by the wayside. Something about Mountain Men/Cowboy appeals to me. I suppose it is the isolation and the fact pretty much everything those guys do is for their own survival that I like. At least that's how it comes off on television.

I've never seen an episode of Big Brother or any of those types of shows.
Posted by LSU0358
Member since Jan 2005
7918 posts
Posted on 8/7/13 at 10:13 am to
quote:

Having wealthy parents/family.


Most US millionaires are first generation. So this is a mantra used by many to justify their never being wealthy.
This post was edited on 8/7/13 at 10:51 am
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15045 posts
Posted on 8/7/13 at 10:25 am to
quote:

Most US millionaires are first generation. So this is a mantra used by many to justify there never being wealthy.

21. they're/their/there
Posted by kevv824
Member since Sep 2006
2386 posts
Posted on 8/7/13 at 12:47 pm to
What is an hbd call?
Posted by RickAstley
Reno, Nevada
Member since May 2011
2002 posts
Posted on 8/7/13 at 1:51 pm to
From what I googled it is is either happy birthday, or something racist.
Posted by jglass3lsu
Member since Jan 2007
882 posts
Posted on 8/7/13 at 5:49 pm to
quote:

Most US millionaires are first generation. So this is a mantra used by many to justify their never being wealthy.


The future value of having familial assistance with vehicles, tuition & fees, rent, and other early-life expenses is enough to make a large swing in most people's lifetime accumulation of wealth. That doesn't even begin to describe the easier access to capital and networking benefits that individuals with wealthy families have when compared to the poor.

I'm not trying say that wealthy people are "bad" or make excuses for poor people, but there's definitely a benefit to being born into a wealthy family.

Oh yeah, being a millionaire doesn't make you wealthy. I'd be curious how the 1st generation numbers shift when the "wealthy" baseline is moved up to $5M-$10M.
Posted by Powerman
Member since Jan 2004
162219 posts
Posted on 8/7/13 at 6:41 pm to
quote:

Central time zone, at work at 7:30 every morning. I get up at 4:00 AM and go to the gym. Home at 5:45, coffee/news/breakfast for 20 minutes, then the my wife and son get up and the day starts. I don't get off work until 5:00 - 5:30 though. For me, the getting up that early is driven more by the time I get off work than it is the time I go in.


Right. You're getting up early to hit the gym and you leave time to spare to eat. Nothing unusual about that behavior. Some people work out in the afternoon so they don't need to budget that much time before work.
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