How to Build Habits That Make You Rich (Article)

#AMPtv got the word that studies have shown that there are certain ways you can build habits that will help you be successful. As an overview, the key is simply doing out with the bad and in with the good !

              According to a 2006 Duke University study, 40% or more of our daily activities are habits. Habits have a very important purpose: They save the brain from work by relegating certain repetitive tasks to a walnut-sized area in the middle of the brain called the "basal ganglia." By isolating certain repetitive functions to this very small, almost fractional area, the brain frees itself to expand and perform higher level functions.

               Habits control our lives, unconsciously moving us either toward success and happiness or toward failure and unhappiness. In my five-year study of the daily habits of 233 wealthy people (those with an annual income of $160,000 or more and a liquid net worth of $3.2 million or more) and 128 poor people (those with an annual income of $35,000 or less and a liquid net worth of $5,000 or less), I uncovered ten keystone habits that separate the rich from the poor. I call them the Rich Habits.

                Those who learned the Rich Habits from their parents, mentor, or through the school of hard knocks, excel in life. Those who never learned these habits, and instead are saddled with what I call Poverty Habits, eke out a living, struggle financially, have poor health, and live unhappy lives. In order to better understand the process of adding and removing habits, it’s important to understand how habits are formed and removed physiologically within our brains. Habits compete within the brain. Neurons (brain cells) compete for something called "cortical space" inside our brains.

Think of cortical space as brain real estate. Just like there is strong demand for waterfront property, there is a strong demand for this brain real estate. In order to learn a new skill or fact, or introduce a new habit, we must create a new neural pathway inside our brain. Creating a new neural pathway, however, is not that easy to do. This is because old neural pathways are very greedy, and don’t like to give up any of their brain real estate. They fight to keep that real estate from other intruding neurons.

 New activities that are trying to create new neural pathways have to compete for this brain real estate with old neural pathways (old activities). This is why breaking an old habit is so hard. There is a brain real estate war waging inside our heads when we introduce new habits.

 Read more: Business Insider

http://amptv.blogspot.com/2013/07/bones-massacre-releases-graveyard.html