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The Rules of Wealth:A personal code for prosperity and plenty: A personal code for prosperity and plenty (4th Edition)

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I vaguely remember reading The Rules of Life as a teenager and being unimpressed by it, but when I spotted The Rules of Wealth in my local library the other day, I thought it might be at least worth a skim; I wasn't expecting much, but maybe I'd learn a thing or two that I could apply to my personal finances.

Principles of Building Wealth - Investopedia

And as a reminder, doerly pat the Like button to give our video more exposure, support, and love from the YouTube algorithm. This goes well with Rule 101 – Find ways to give people money without them feeling they are in your debt.For some reason, people expect money to solve every problem out there. It true it solves most of the problems but certainly not every problem. Money is like a universal key that can open more related doors. Need a roof over your head? Money can solve it just now, wondering what you gonna eat tonight? Money got you covered, your kids need school supplies? Money to the rescue. These are all money issues and money will solve them. I wrote about the type of retirement I want to have in ways to retire article. cherylholt / Pixabay Rule 97 – Never lend money to friends or family unless you are prepared to write it off Watch how someone read their newspaper – which paper select and which sections do you read first. If you want to make money aim for the more serious paper and read money and business sections first. This was one of my first financial book during my younger years. I searched for some reasons why I did not read this book until more than a decade later. I get it now and the result was rather appalling. This is a very short book about inspiring us how to get rich. To be wealth, you should follow strictly these rules following:

The Rules of Wealth: A Personal Code for Prosperity and Plenty The Rules of Wealth: A Personal Code for Prosperity and Plenty

Make your finance decisions wisely, be sensible with considered thought. Then take action and get on with investing. It’s never too late to start getting wealthy – it is also never too late to start investing – in shares, in a pension, in style, in quality, IN YOURSELF, IN LIFE.Understand your money beliefs and where they come from – author has given many categories and tells you to find out to which category you belong to – and ultimately tells you to come out of all those categories. Find the fat and trim it. Break down your expenditures into needs and wants. Food, shelter, and clothing are obvious needs. Add health insurance premiums to that list, along with auto insurance if you own a car and life insurance if other people are dependent on your income. Many other expenditures will merely be wants. What do you enjoy? You will perform better, build a longer-lasting career, and be more likely to succeed financially by doing something that you enjoy and find meaningful. In fact, one study found that more than nine out of 10 workers said they would trade a percentage of their lifetime earnings for greater meaning at work. I want to open this rule of wealth with a quote by Napoleon Hill. “Whatever Your Mind Can Conceive and Believe, It Can Achieve.” You have the right to collect as much money as you wish because there is an infinite amount of money.

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