Book Club | How to Live Life to the Fullest
Book Abstract “Rich Dad Poor Dad” by Robert Kiyosaki is a groundbreaking personal finance book that challenges conventional wisdom about money and provides valuable insights into achieving financial independence. The book, which has become a classic in the genre, presents a contrast between two fathers – Kiyosaki’s biological father (poor dad) and his best friend’s …
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Always start by identifying the dont’s. This is applicable in life and investing as well. Most of the ideas here came from the book of Billionaire Charlie Munger Poor Charlie’s Almanack. It is better to stay within the circle of your competencies and be consistently not stupid than to be intelligent with many things. In …
Think and Grow Rich was published in 1937. This book is at the Apex of self development. This book sold over $15 million copies. Napoleon Hill was able to interview 500 rich and successful people and distilled the principles into this book: Think and Grow Rich Big Ideas Definiteness of Purpose ” Truly, thoughts are …
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Pay Yourself First You have to pay yourself by automatically setting aside money that goes to your retirement account. Automating the investment process minimizes the friction. “Life is not easy. But that’s not the only truth that matters in this context. It also happens to be true that it takes just as much effort to …
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Invert thinking – think the other way around Ingest chemicals – don’t ingest chemicals to change mood or productivity Envy – being envious is a way to suffer. There will always be someone better than you Resentment – avoid resenting others. Resentfulness is also a way to suffer Overspending your income – live below your …
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Think Big Rich people focus on bigger things. They do not focus on being pennywise because they focus on being smart on pound. They won’t spend hours searching the grocery to save pennies. “If you want to change the fruits, you will first have to change the roots. If you want to change the visible, …
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This book will change your relationship with money for the better. You will use it for what it is meant to be. I highly recommend that you read this book: Your Money or Your Life 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence by Vicki Robbin and Joe Dominguez Working for …
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This book on money is not the usual personal finance book that gives exact step by step guide on how to budget and invest money. It shares different stories that makes you ponder deeply on your own relationship, behavior and psychology about money. I highly recommend that you buy and read this book: The Psychology …
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