Rich Habits Tool To Help You Retain Information You Need In Order to Become The Best At What You Do

In my Rich Habits Study, 88% of the wealthy read an average of 30 minutes each day, strictly to gain knowledge.

Their reading topics?

• Career/Industry-Related
• Self-Help
• Educational
• Biographies of Successful Historical Figures
• History
• Current Events Related to Their Career/Industry
• Anything Related to a Dream or Goals
• Hobbies/Interests

While reading is important, retaining what you read is even more important.

One Tool I picked up from one of the self-made millionaires in my Study is something I call the Fact Binder. The Fact Binder helps me retain facts or easily access facts that are critical to helping me grow, improve and make money.

In my big Fact Binder (it’s a 6 inch Binder), I separate important facts into alphabetical Topic Sections that are specific to all of the things I need to know for each of my five businesses. Here’s an example:

• Author Business
• Book Summaries – I summarize every book I read. Some summaries = 1 page, some are as long as 10 pages.
• Brain Science
• Economics
• Financial Planning
• Genetics
• Government
• Habits
• Health
• Rich Habits-Related Studies
• Speaker Business
• Taxes
• Training Business
• Wealth
• Writing

My Fact Binder is my go-to resource for everything I learn from all of the reading I do. It helps me to easily access facts that my brain has not committed to long-term memory. I use my Fact Binder every day.

Tom Corley

Tom Corley is an accountant, financial planner, public speaker, and author of the books “Effort-Less Wealth: Smart Money Habits At Every Stage of Your Life” and “RichKids: How to Raise Our Children to Be Happy and Successful in Life“.  Corley’s work has appeared on CNN, USA Today, The Huffington Post, SUCCESS Magazine, and many other media outlets and podcasts in the U.S. and 27 other countries. Tom is a frequent contributor to Business Insider and CNBC.