Book Review: Rich Kids by Tom Corley (@RichHabits)

What does it mean to be rich and how do you get there?

I’m reading two books in the early part of this year that are forcing me to think about this question.  The first book is Redefine Rich: A New Perspective on the Good Life by Matt Ham.  I’ll share more about this book in the coming weeks.  If you want to hear some of my early thoughts on this topic, go to my blog post from September 29th by clicking here and then go listen to my podcast interview with Matt.

The second book is Rich Kids: How to Raise Our Children to Be Happy and Successful in Life by Tom Corley.  I received this book from one of my blog world friends, Matt McWilliams, and I am so thankful for the opportunity to read the book.  I wish I had read this book when I was a teenager, but I think it’s a book worth reading whether you are young or older.  And while the subtitle seems to point to parents, I think this book is a valuable resource whether or not you are a parent.

This book is not written from a religious perspective.  Rich Kids uses an easy-to-read story to provide practical tips for developing habits that will lead you to a rich life.  It would be easy to think this is only meant for those who want to have monetary wealth, but I think the principles and habits suggested in this book are great tools for anyone who want to live life to the fullest.

Here are a few of the things I captured as I was reading Rich Kids:

  • “Learn as many new skills as you can when you’re young.”  Keep learning.  Keep growing.  Keep stretching!
  • “You can’t be successful in life if you don’t have a passion for what you do for a living, and you can only find your passion in life by pursuing creative activities.”  Life is too short to live without passion.  So many people fail to find and follow their passion.  I don’t want to waste my life.
  • “Success is not easy.  Success takes time, persistence, passion, and an obsessiveness that borders on fanaticism.  Successful people are fanatics.  They are obsessed.  They understand that success is a process.”  Get rich quick schemes don’t work in the long run.
  • “When you find your main purpose in life you stop worrying about the ‘how.’  The ‘why’ is all that matters.  The ‘why’ is your main purpose.  Once you find your ‘why,’ the ‘how’ magically appears.”
  • “Success takes time.  Realizing your goals in life just takes time.  Life is a marathon.”  In a culture of “I want it now,” we have to remember that good things come to those who are patient.
  • “Having a mentor in life is like someone depositing millions and millions of dollars into your bank account.  Mentoring is critical to success.”  Who is you mentor?
  • “You can’t become successful if you’re always blaming others for your circumstances.”  Many don’t want to hear this one.
  • “Always focus on the other person and resist that human tendency to put yourself first.”
  • “Life is all about rising above your self-interest and getting into the habit of treating the other person as important.”
  • “Wherever you go, carry around a notepad, and when you meet anyone you want to get to know, don’t be afraid to ask them their birthday.”
  • “Making the effort to remember someone’s name tells them that they are important to you.”
  • “Parents need to lead by example.”
  • “Start by making a point to find something to be grateful for each day.”
  • “Always be grateful for the smallest things in life as well as the big stuff.”

These are just a few of the things that stood out to me as I read this book.  Having a “rich” life starts by making choices and taking actions that lead us down the right path.  Rich Kids will get you started down the right path.

What is one habit you have implemented that helps you have a “rich” life?  What is one habit you need to implement to have a “rich” life?

(Please note:  I received a copy of Rich Kids for free as part of a giveaway from Matt McWilliams.  I was not required to provide a favorable review.  I truly believe this book can be a helpful reminder to any reader in helping them to take steps to become successful – at work, in the community, at church, and at home.

Also to note:  There are affiliate links in this post.  Should you purchase Rich Kids or Redefine Rich by clicking one of these links, I receive a small percentage of the purchase.  These funds are used to support The Stretched Blog and to extend ministry and missions to Guatemala.  Thank you!)