Note 2 : 12 IDEAS TO REMEMBER TO GET RICH

This is my Note No 2.0

Taken from the book Rich Dad Poor Dad

TWELVE STEPS TO GET RICH

1. I need a strong reason to earn more and get successful. The reason greater than reality: i.e. Do it for myself and the peoples I love , Its love that gets me over the hurdles and sacrifices.

2. I choose Daily spending habits:- If you don't control your spending habits you will not be able to Earn more as; A Penny Saved is a Penny Earned

3. Invest First in Education : Education is the basic requirement to success so you have to invest in Education

4. Choose Friends Carefully : If you choose pessimistic friends , Negative friends you will never improve.

5. Don't Listen to poor or frightened people: They will reduce your chances to grow rich

6. Master a formula and then learn a new one: Never jump to new ventures until you have mastered one formula

7. Pay Yourself First : If you don't pay yourself first it shows you have low self esteem and low tolerance for financial pressure you can never be rich ( The world will push you around) So  what can you do:-

Learn Management of Cash flow

Learn Management of  Peoples

Learn Management of Personal Time

Maintain Self Discipline

8. Pay your Brokers Well: This is because you can miss an opportunity to earn more if you don't pay your brokers well , it may be your stock broker/ Property dealer etc.

9. Be an Indian Giver: Give some percent of your income to the social cause.

10. Assets Buy Luxuries: So make assets like a house/ A car / A property by which you can earn rental values for your luxuries.

11. Teach Yourself and You shall receive: Learning Never ends so keep learning and improving

12. Learned Helplessness: If you are feeded in your bed for one month , you will not be able to come out of your bed for your routine works , This is called Learned helplessness as you have learned that without moving from your bed someone will do all of your work.