I Will Teach You to Be Rich, Second Edition: No Guilt. No Excuses. No BS. Just a 6-Week Program That Works
Ramit Sethiamazon.com
Saved by Chad Aaron Hall and
I Will Teach You to Be Rich, Second Edition: No Guilt. No Excuses. No BS. Just a 6-Week Program That Works
Saved by Chad Aaron Hall and
The goal here is to work your money in small steps. First, ensure that your company of one is making enough profit to cover your living expenses. Second, make sure you’ve got enough of a runway buffer built up to work full-time at your company of one, even if things get slow. Third, with your salary and runway buffer covered, you can reinvest money
... See moreInvestor Bill Mann once wrote: “There is no faster way to feel rich than to spend lots of money on really nice things. But the way to be rich is to spend money you have, and to not spend money you don’t have. It’s really that simple.”
The first idea—simple, but easy to overlook—is that building wealth has little to do with your income or investment returns, and lots to do with your savings rate.
Avoid generating waste and find ways to use the waste of others. Learn to use the system to your advantage, but don't be evil! Serve yourself rather than having others serve you. Instead, help them. Keep running costs down but pay for value. Maintain health to avoid the personal and monetary cost of sickness. Build up the capital to live as a capit
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