Saturday, December 7, 2019

THE RULES OF WEALTH KEY TAKEAWAYS


In his book, there were over 107 rules of wealth but the ones that stood out are as follows:

1.       Anybody can be wealthy, you just have to apply yourself, this means that you should not think that being wealthy only applies to a select group of people or you are not worthy to be wealthy, you can be wealthy as long as you work hard to achieve that wealth

2.       Understand that money begets money, The rich get richer, this means that in order to get wealth you must use the tools available to you, meaning that as you get money use that means as a source of gaining more money by investing it in worthwhile means

3.       Know how the wealthy think, this means that in order to acquire wealth you must be able to think like the wealthy people do. The wealthy are able to invest their time making money by occupying themselves In gaining information through news magazines, money making books and other wealth of information

4.       You’ve got to have a plan, this means that In order to acquire wealth you need to have a set course of action that you intend to carry out to acquire wealth

5.       If you don’t trust someone, don’t do business with them, this means that you must be able to work with people you can trust in the business world

6.       It’s never too late to start getting wealthy, this means that instead of wasting precious time doing things that would not add to your knowledge you can start by reading books or watching programs that educate the mind, this would in turn making you wealthy

7.       You must work hard to get rich enough to not have to work hard, this means that you should get to a point that you have acquired enough wealth that you do not need to work extra hard to get more money.

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