If you are an avid reader of self-help books, you may have come across any of the Richard Templar’s Rules Books such as The Rules Of Life, The Rules Of Work, The Rules Of Love and several other titles. Another very interesting title in this series from Richard Templar is The Rules Of Wealth.
The book offers readers knowledge and insights into how to think wealthy, get wealthy, get even wealthier, stay wealthy, and share your wealth.
Today, I would like to share with you 15 lessons from the first part of the book, think Wealth.
- Money is a concept. You can’t see or touch it. You can only do that with some physical symbol of it like banknotes or a cheque.
- Anybody can make money – it isn’t selective or discriminatory. Money doesn’t care what colour or race you are, what class you are, what your parents did, or even who you think you are.
- Wealth is having enough so that you don’t have to worry about having enough. Decide on your definition of wealth and set objectives for yourself on how to get to your desired destination.
- Most people are too lazy to be wealthy. They may say they want to be, but they don’t. they aren’t prepared to make sacrifices, study, learn, work their socks off, or put in the effort and it is a determined and concentrated focus of their life. They don’t want to do the work. They want the money, definitely, but only if it comes to them by accident or some form of luck and chance.
- Wealth is lying around waiting to be claimed. And those who claim it are the ones who get up early, work hard and put in the hours.
- Understand your money beliefs and where they come from. Everyone has his or her money myths. We all grow up with ours. A lot of them you got from your parents and their parental methods.
- Money is a payment given to you for clever thinking and hard work. The harder and smarter you work, the more you will earn. Wealth is a consequence, not a reward.
- See wealth as a friend, not the enemy.
- Decide what you want money for. Also, consider what you don’t need more money for.
- Money makes money. If you ran a rabbit farm and killed and ate all your rabbits, you wouldn’t have any left to keep going. In the same vein, if you spend all your money, you won’t have any more money.
- If you see money as the solution you’ll find it becomes the problem. The more you see it as a solution, the greater the chance that you are missing the point entirely. Money doesn’t do anything.
- If you are going to be wealthy, understand the difference between price and value.
- If you are serious about being wealthy, you will have to learn how the wealthy think. Try to get to talk to wealthy people. Ask questions. Develop a thirst for understanding and knowledge. Read about wealthy people – interviews and autobiographies.
- Don’t envy what others have. Money earned is entirely the business of the person earning it. They did the work. They had the idea or entrepreneurial spirit. They got up earlier than you. They were driven or fired up by what they wanted to achieve. Envying them is pointless, but learning from them is invaluable.
- It is harder to manage yourself than it is to manage your money.
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