[A Sip of a Book] In the End, the Core is Habit: 'Rich Habits Poor Habits'

Some sentences encapsulate the entire content of the book itself, while others instantly reach the reader's heart and create a connection with the book. We present meaningful sentences excerpted from the book. - Editor's note

The best way to learn something is to first imitate someone who has already done it. The same goes for becoming wealthy. The best way to become rich is to observe the wealthy and try to do exactly as they do. This book, co-written by two self-made millionaires, guides us on the 'path to wealth and success' through the most proven and reliable methods. It is based on empirical results obtained by comparing and investigating people who achieved wealth and success on their own with those who did not. Contrary to common belief, income was not the decisive variable. The difference lay in habits and mindset. Attitudes toward money, perspectives on the wealthy, spending habits, lifestyle patterns, and surrounding relationships?these issues were not about money itself. The authors compare the two groups and organize the differences and common traits found among the super-rich.

If you work like successful people, think and act like them, and cultivate wealthy habits, you will begin to feel like them. You will start to feel as if you are already rich and begin to achieve the same results as they do. And soon, you will become wealthy.

_Preface

Through my research, I realized that the wealthy are among the finest humans living on Earth. Yes, pursuing and acquiring wealth is not a sin. Honestly, I now believe that those who realize their dreams and become wealthy by pursuing them are closer to God than those who sit idly and criticize them. So do not shy away from pursuing success because of ignorant ideology. Break free from such shackles. Perhaps those who think that pursuing and acquiring wealth is wrong are the real sinners.

_Chapter 1

One reason most people fail to become wealthy is that they invest in cash flow rather than asset (capital) growth. This message may be completely different from what you have heard from others. However, asset investment is the method used by wealthy people worldwide. Most investors remain stuck at the second level of the wealth pyramid because they invest only in cash flow.

_Chapter 2

Therefore, the first step to becoming wealthy is to find out how the rich think about money and start thinking like them. The next step is to put it into action. You must think like the wealthy and cultivate wealthy habits so that these behaviors become natural. Collier explains wealthy habits later in the book. In any case, similar to Collier's research, I also found that just as the poor share similar habits, the wealthy have common habits as well.

_Chapter 2

To succeed in life, you must attract the right kind of luck. Living according to wealthy habits guarantees that you will attract the right kind of luck. When you consistently live by wealthy habits, opportunities that seem to appear suddenly will come your way. Now, you just need to reach out and seize the fruit hanging right before your eyes.

_Chapter 3

Rich Habits Poor Habits | Tom Collier & Michael Yardney | Translated by Choi Eun-ah | Korea Economic Daily | 376 pages | 18,000 KRW

This content was produced with the assistance of AI translation services.