6 MONEY LESSONS RICH PARENTS TEACH THEIR KIDS
1) SUCCESS ISN’T FREE
WEALTH AND SUCCESS TAKE WORK.
“BECOMING FINANCIALLY INDEPENDENT WILL BE THE FIGHT OF YOUR LIFE. YOU WILL HAVE TO BE WILLING TO SACRIFICE YOUR TIME, SLEEP AND LEISURE TO BUILD SOMETHING GREAT”,
IT’S NOT GLAMOROUS OR PRETTY. WHILE YOUR FRIENDS ARE OUT HAVING FUN, YOU WILL BE WORKING.”
2) GET RICH SOLVING PROBLEMS
THE TOP EARNERS KNOW THAT MONEY FLOWS FROM IDEAS AND PROBLEM SOLVING.
“IF YOU WANT TO BE RICH, SOLVE A PROBLEM, IF YOU WANT TO BE VERY WEALTHY, SOLVE A BIGGER PROBLEM.”
“IT’S SIMPLE. SOLVE A BIG PROBLEM, AND THE WORLD WILL GLADLY TURN THEIR MONEY OVER TO YOU.”
3) SURROUND YOURSELF WITH SUCCESSFUL PEOPLE
WHO YOU HAND OUT WITH MATTERS.
FIND WAYS TO CULTIVATE RELATIONSHIPS WITH WEALTHY, SUCCESSFUL PEOPLE: “ READ THEIR BOOKS, ATTEND THEIR EVENTS, DONATE TO THEIR CHARITIES… AND WHATEVER ELSE YOU CAN DO TO GAIN INTRODUCTIONS AND BUILD RELATIONSHIPS.”
4) MONEY SOLVE MOST PROBLEMS
THE RICH AREN’T AFRAID TO ADMIT THAT MONEY CAN SOLVE MOST PROBLEMS.
“BEING RICH WON’T MAKE YOU HAPPY, BUT IT WILL SOLVE 90 PERCENT OF YOUR PROBLEMS, IF YOU HAVE A PROBLEM, AND YOU CAN MAKE IT DISAPPEAR BY WRITING A CHECK, YOU DON’T HAVE A PROBLEM…”
MAKE YOUR MONEY BY SOLVING PROBLEMS, AND YOU WILL GET RICH ENOUGH TO PURCHASE YOUR OWN PROBLEMS AWAY.
5) INVEST
“THE RICH ARE INVESTORS, NOT SPENDERS,”
TO BE A SUCCESSFUL INVESTOR, STICK TO WHAT YOU KNOW OR WHAT YOU ARE INTERESTED IN : “IF YOU ARE BASEBALL FAN, LOOK INTO INVESTING IN RARE BASEBALL CARDS. IF YOU LIKE DISSECTING STOCKS, YOU COULD STUDY THE STOCK MARKET.”
THEY INVEST THEIR MONEY TODAY, SO THEY WILL HAVE MORE TOMORROW.
6) MONEY AND OPPORTUNITY ARE LIMITLESS
RICH PEOPLE SEE MONEY AS ABUNDANT.
“IF EARNING MONEY IS BASED ON SOLVING PROBLEMS, AND THE NUMBER OF PROBLEMS IS INFINITE, THEN YOUR ABILITY TO EARN MONEY IS INFINITE,”.
“REJECT THE MASS BELIEF THAT MONEY IS A SCARCE RESOURCE…
IT’S NOT. WHAT IS SCARE ARE PEOPLE WITH SOLUTIONS THAT OTHERS WAN TO BUY, AND THAT’S WHAT YOU NEED TO MASTER.”
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