No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, January 22, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Money

Why The Smartest Are Not The Richest

by TheAdviserMagazine
3 months ago
in Money
Reading Time: 3 mins read
A A
Why The Smartest Are Not The Richest
Share on FacebookShare on TwitterShare on LInkedIn


If you find value in these articles, please share them with your inner circle and encourage them to Sign Up for my Rich Habits Daily Tips/Articles. No one succeeds on their own. Thank [email protected]

In a world that idolizes IQ scores and academic accolades, it’s easy to assume the brightest minds will amass the greatest fortunes. Yet, reality paints a different picture. High intelligence often fails to translate into wealth. Why? The answer lies not in brainpower alone, but in the daily habits that bridge knowledge and prosperity. As my Rich Habits research reveals, self-made millionaires—those who built their wealth from scratch—aren’t defined by their smarts. Only 23% held advanced degrees, and a mere 12% boasted genius-level IQs. Instead, success stems from deliberate routines that compound over time.

Consider this: Intelligence is a spark, but habits are the fuel. In my five-year study of 233 wealthy individuals and 128 poor ones, detailed in Rich Habits: The Routines Millionaires Use Daily That Will Help You Build Wealth, I uncovered stark differences. The rich devoted 30 minutes daily to self-education—reading biographies, industry journals, or success literature. That’s 182 hours a year honing practical skills. Their poorer counterparts? Zero structured learning. This gap isn’t about innate cleverness; it’s behavioral. A Forbes article on my findings noted that “while IQ might open doors, it’s the discipline of daily reading that keeps them ajar” (Forbes, 2016).

Smart people, especially those with elite educations, frequently fall into traps that derail wealth-building. Procrastination tops the list. My research shows 81% of millionaires eliminated to-do lists in favor of immediate action on high-priority tasks. They treat goals like oxygen—non-negotiable. In contrast, the highly intelligent often overthink, paralyzed by perfectionism. A CNBC piece quoting my study highlighted how “analysis paralysis” dooms even the sharpest minds, as they chase flawless plans instead of progress (CNBC, 2018). Success demands momentum, not just IQ points.

Networking, another Rich Habit, separates the wealthy from the wise. 79% of self-made millionaires networked five hours monthly, forging alliances that unlock opportunities. They’re not introverted geniuses toiling in isolation; they build “dream teams” of mentors and peers. Business Insider, covering my data, pointed out that “emotional intelligence trumps raw intellect in deal-making—smart folks forget to connect” (Business Insider, 2017). High-IQ individuals might excel solo but miss the collaborative edge that amplifies fortunes.

Risk tolerance further widens the divide. Millionaires embrace calculated risks—starting side hustles or investing boldly—because 63% in my study pursued multiple income streams. The intelligent, however, cling to job security, fearing failure. A SUCCESS Magazine interview with me emphasized: “Wealth favors the bold, not the brilliant alone; habits like frugality and persistence turn gambles into gains” (SUCCESS, 2019).

Health habits seal the story. 76% of the rich exercised 30 minutes daily, fueling focus and resilience. Neglect this, and even the smartest burn out. My Richhabits.net article “The Hidden Link Between Health and Wealth” details how poor sleep and stress erode decision-making, trapping bright minds in mediocrity.

The lesson? Riches reward routines, not résumés. To join the wealthy elite, audit your habits: Read voraciously, act decisively, connect relentlessly, risk wisely, and prioritize well-being. Intelligence is a gift; habits make it golden. As echoed in a MarketWatch feature on my work, “The richest aren’t the smartest—they’re the most consistent” (MarketWatch, 2020).

Start today. Your bank account will thank you.

Why The Smartest Are Not The Richest



Source link

Tags: richestsmartest
ShareTweetShare
Previous Post

Will Harris | The EDU Ledger

Next Post

Union Pacific profits rise on operational efficiency, pricing gains

Related Posts

edit post
A simple guide to investing your first 0

A simple guide to investing your first $500

by TheAdviserMagazine
January 21, 2026
0

When you have a limited budget, every dollar has to work harder. The margin for error is slimmer, and the...

edit post
6 Coverage Exceptions That Are Harder to Get Approved

6 Coverage Exceptions That Are Harder to Get Approved

by TheAdviserMagazine
January 21, 2026
0

If you have ever received a letter from your insurance company saying a drug is “non-formulary” or “requires a tier...

edit post
Elderly Wills Require Mental Capacity: Georgia Law Allows Even Cognitively Declining Seniors to Execute If “Rational Desire” Exists

Elderly Wills Require Mental Capacity: Georgia Law Allows Even Cognitively Declining Seniors to Execute If “Rational Desire” Exists

by TheAdviserMagazine
January 21, 2026
0

It is a scenario playing out in probate courts across Atlanta, Savannah, and Macon with increasing frequency in 2026. A...

edit post
Degrees Are the Past, Skills Are the Future: How to Win the 2026 Skills-First Job Market

Degrees Are the Past, Skills Are the Future: How to Win the 2026 Skills-First Job Market

by TheAdviserMagazine
January 21, 2026
0

Advertising Disclosure: When you buy something by clicking links within this article, we may earn a small commission, but it...

edit post
AARP Warns: 3 Major Part D Changes Hit Seniors in 2026—From Payment Plans to Drug Rebates

AARP Warns: 3 Major Part D Changes Hit Seniors in 2026—From Payment Plans to Drug Rebates

by TheAdviserMagazine
January 21, 2026
0

For millions of seniors, 2026 was supposed to be the “Year of Relief.” It is the first year that Medicare’s...

edit post
Real money hacks to use when prices feel out of control

Real money hacks to use when prices feel out of control

by TheAdviserMagazine
January 21, 2026
0

In November 2025, Statistics Canada reported that the Consumer Price Index (CPI) was up about 2.2% year‑over‑year, driven by higher grocery and other...

Next Post
edit post
Union Pacific profits rise on operational efficiency, pricing gains

Union Pacific profits rise on operational efficiency, pricing gains

edit post
NYC mayoral candidates turn on each other in final debate: ‘Zohran, your resume could fit on a cocktail napkin. And, Andrew, your failures could fill a public school library in New York City’

NYC mayoral candidates turn on each other in final debate: 'Zohran, your resume could fit on a cocktail napkin. And, Andrew, your failures could fill a public school library in New York City'

  • Trending
  • Comments
  • Latest
edit post
Most People Buy Mansions But This Virginia Lottery Winner Took the Lump Sum From a 8 Million Jackpot and Bought a Zero-Turn Lawn Mower Instead

Most People Buy Mansions But This Virginia Lottery Winner Took the Lump Sum From a $348 Million Jackpot and Bought a Zero-Turn Lawn Mower Instead

January 10, 2026
edit post
Utility Shutoff Policies Are Changing in Several Midwestern States

Utility Shutoff Policies Are Changing in Several Midwestern States

January 9, 2026
edit post
80-year-old Home Depot rival shuts down location, no bankruptcy

80-year-old Home Depot rival shuts down location, no bankruptcy

January 4, 2026
edit post
Tennessee theater professor reinstated, with 0,000 settlement, after losing his job over a Charlie Kirk-related social media post

Tennessee theater professor reinstated, with $500,000 settlement, after losing his job over a Charlie Kirk-related social media post

January 8, 2026
edit post
Warren Buffett retires on December 31 and leaves behind a manual for a life in investing

Warren Buffett retires on December 31 and leaves behind a manual for a life in investing

December 27, 2025
edit post
Elon Musk Left DOGE… But He Hasn’t Left Washington

Elon Musk Left DOGE… But He Hasn’t Left Washington

January 2, 2026
edit post
Answers to Your January Money Questions

Answers to Your January Money Questions

0
edit post
Building a Family of Funds That Invests Across the Entire Founder Journey

Building a Family of Funds That Invests Across the Entire Founder Journey

0
edit post
distributor rebate program

distributor rebate program

0
edit post
How to Use a Health Insurance Premium Calculator for Family (Step-by-Step)

How to Use a Health Insurance Premium Calculator for Family (Step-by-Step)

0
edit post
Sports Betting Tax Revenue Forecast from Expanded Legalization

Sports Betting Tax Revenue Forecast from Expanded Legalization

0
edit post
Top Hat and Wiley Partner to Enhance Student Engagement in Psychology and Anatomy & Physiology

Top Hat and Wiley Partner to Enhance Student Engagement in Psychology and Anatomy & Physiology

0
edit post
Sports Betting Tax Revenue Forecast from Expanded Legalization

Sports Betting Tax Revenue Forecast from Expanded Legalization

January 22, 2026
edit post
Global markets on a moving chessboard as sentiment overtakes fundamentals: Seth R Freeman

Global markets on a moving chessboard as sentiment overtakes fundamentals: Seth R Freeman

January 22, 2026
edit post
Elon Musk predicts ‘agonizingly slow’ Cybercab and Optimus production rollout

Elon Musk predicts ‘agonizingly slow’ Cybercab and Optimus production rollout

January 22, 2026
edit post
What Ripple CEO Garlinghouse Said At WEF Davos 2026

What Ripple CEO Garlinghouse Said At WEF Davos 2026

January 22, 2026
edit post
Dollar Tree – DLTR: US-Discounter mit Bullenflagge zum 20er-EMA!

Dollar Tree – DLTR: US-Discounter mit Bullenflagge zum 20er-EMA!

January 22, 2026
edit post
How to Use a Health Insurance Premium Calculator for Family (Step-by-Step)

How to Use a Health Insurance Premium Calculator for Family (Step-by-Step)

January 22, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Sports Betting Tax Revenue Forecast from Expanded Legalization
  • Global markets on a moving chessboard as sentiment overtakes fundamentals: Seth R Freeman
  • Elon Musk predicts ‘agonizingly slow’ Cybercab and Optimus production rollout
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.