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Have you ever wondered if there was some sort of mental edge you could get to both get and retain wealth? Is there a certain way you need to think and react to amass what the truly rich do? Is it possible to tap into these secrets and score big in life?
Being able to find financial opportunity is one thing, but it takes a definite mindset of money psychology to create it where there seems none available. Download this book TODAY
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If you have the desire to be massively wealthy then learn what it takes to reach that goal. Download this book TODAY and start a true path to financial freedom!
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Become Rich, Becoming rich, psychology of money, thinking rich, rich, success, entrepreneur
This is for sure not a Mandy book. However, My dad challenged me to read this book and share three thoughts with him so I thought I’d put my thoughts here:
- At the beginning of the book it talked about Ronald Read who died with millions and everyone was shocked. It was impressive that this 25 year car mechanic who worked at a gas station had so much money yet he never lived like a millionaire. However, I couldn’t stop thinking how sad it was that he wasn’t able to enjoy the fruits of his labor a little more- a trip with his family or friends. Making memories and being able to use some of his money. In the end it was all donated which is a worthy cause- but, I just wouldn’t want that to be my entire legacy. - it was interesting to think how most of what we know about the finance world really is in its infancy. It hasn’t been around for very long and we are all still trying to figure it out and find the best way to have our money work for us. - I liked what the author said about the difference between wealth and being rich. There is a lot to be said about acquiring wealth and having that “independence savings” to be able to fall back on and use. Showing your “rich” isn’t worth it. Big houses, super nice expensive cars, etc- isn’t necessary and in a lot of ways just being a good, kind, nice person are more worthy goals to reach for.
While I was working , I used to keep 3 to 6 months of my net salary in my account, which always keeps me psychologically worry free from all work pressure. While this book emphasize on why is it needed , it also explains how it helps in investment world.
I liked the book more so because it does not talk about how should you earn money but how you can protect and grow your hard earned money, physocology of why people end up poor irrespective of their successful careers.
A must read for all those who earn money and feel , they don't have anything left at the end of the month.
This books is a good start if you are new to financial journey. Currently many YouTube videos are available where they explain what are good ways to make financial life better. If you haven't watched those yet then start with this book first.
This books says few points which are basic but very important. 1. save money and don't fall for show off business. 2. difference between Getting rich and staying wealthy Save for retirement. 3. Always keep room for error The one point which I liked most is take advantage of compounding for Money, Relationships by investing them for long term.
One of the best books about investment I've ever read. I read it 3 times in the first week I bought it. The author doesn't teach you how to buy stock or anything. He only teaches how to think about money and it's mind-blowing.
The safest way to accumulate wealth is to save money, no matter how much you make, as long as you can save the majority of it and invest smartly, through compound interest, you will be wealthy.
The tricky part: when whole consumer world want you to spend money as much and fast as possible, almost none of us will save, we will spend as soon as the money comes in and will even borrow years in advanced to buy useless junk. That's why most of us won't be rich.
The second tricky part: how to invest smartly. Many financial guru and business books claim to have to answer when in fact none of them can give a simple and clear definition of "smart investment".
It seems that Warren Buffett had it all figured out, but his answer is always vague and keeps changing ever so slightly. But he and his peers always give this answer: keep on reading.
So that's what I've been doing ever since I read this book. Also saving, of course.
This book was full of trite "info nuggets" that can be found anywhere online. The editing was atrocious and I frequently had to read sentences multiple times to understand what was being said. Severely disappointed.
Good start, interesting applicable points, but I have heard a lot of it before. I did appreciate how the author reveals his current money strategy, between investment, fix income, paying off motgage and cash reserves.
Listened to the audio. Nevwr thought I will like it as I am averse to finance related non fiction. howver it being a small book and a part of a current group readinf challenge prompted me to start. And I was pleasantly suprised.