How to Get Rich or Die Trying: The 3 Most Important Principles in Becoming Filthy Rich

The secrets to getting rich are kind of common sense – just as the secrets to staying healthy are or doing well in school is. The problem is that most people don’t have the system or discipline to reach their dreams of one day being a “1 percenter”.

Subscribe: https://www.youtube.com/thoughtmonkeyHQ?sub_confirmation=1
Instagram: https://www.instagram.com/thoughtmonkeyHQ/

Music Credits:
FloFilz – Tilezeit: https://www.facebook.com/flofilz

Script:

The first book I read about money was Think and Grow Rich by Napoleon Hill. This book changed the way I approached money, yes, but also life. The main idea in it is that you must have a burning desire to get whatever it is you’re after. If that burning desire isn’t there, you are unlikely to persist and remain disciplined over long periods of time or in the face of extreme adversity or failure. Hill states that “thoughts are things and powerful things at that, when they are mixed with definiteness of purpose, persistence, and a burning desire for their translation into riches, or other material objects.” After I embraced this idea, I stopped giving up on the things that I wanted. School, fitness, learning. When you decide you want something and you make the commitment not to give up on it regardless of circumstances, your mindset changes. Before I went to college, I used to be a skinny kid with little strength, muscles or athletic ability. However, one day I woke up and knew I wanted to change this. And using the principle of desire from Think and Grow Rich, I made a commitment to myself to go the gym and muscle up. I never gave up even when my progress seemed slow. However, if you were to look at a picture of me two years later – you’d think you were looking at two different people. You see, having a burning desire is key, and without it I’d never have the persistence to pursue my goals even when I thought I was failing. However is not just enough to desire. Desire is only the first step in the journey toward greatness, wealth or whatever it is you want.

The second book I read about money changed the way I thought about how to use that skrill in a way that could benefit me now, but also later. The classic George Clason book, The Richest Man in Babylon, seems so simple, yet most people I know are not aware of its principles. The main idea is that you need to pay yourself first. Most people don’t. They pay other businesses first and sometimes forget to pay themselves at all. What I mean by this is that you spend your time working for a company that pays you for that time and often we use the money that we earn and give it to businesses that make our food, supply us with entertainment, or make our clothes, for example, before we give ourselves that money. Immediately and automatically when you get paid, if you have the burning desire to become the Richest Man in Babylon, you need to set aside a percentage of your hard earned cash and save it for yourself. Clason says in his book, “A part of all I earn is mine to keep. Say it in the morning when you first arise. Say it at noon. Say it at night. Say it each hour of every day. Say it to yourself until the words stand out like letters of fire across the sky.”

The last extremely important book on money that I’ve read is by Tony F-ing Robbins. The book? Money: Master the Game. In this book he goes through thousands of details and stories about the principles of how people become wealthy. However it really comes down to one thing. Growth. How can you make your money work for you while you are at the gym? Eating breakfast? Or watching porn? It is a lot simpler than you think. Invest it. And don’t do it through some big advisor. Do it on your own and automate it. The catch? Most people fail at investing because of they don’t systematize it or they lack the discipline to follow their system. The good news is that, as Robbins states, “96% of actively managed mutual funds fail to beat the market over any sustained period of time,” meaning that you can beat 96% of professional investors by doing one simple thing. Take the money that you are going to pay yourself first with and invest it in the U.S. Stock Market every pay period. Don’t know how to invest your money in the stock market? It’s simple. Sign up for an online brokerage like TD Ameritrade and buy the ticker symbol SPY. Bam. You just bought the U.S. Stock Market. All you need to do now is be disciplined enough to follow your system for the next 40 years. Easy right?

Please follow and like us:
Pin Share

Related posts:

News Items by Thomas Williams 8/15/19
Terence McKenna Lecture - The Voynich Manuscript
Terence Mckenna - Gaia Mind the True Nature of Psychedelics

Leave a Reply

Your email address will not be published. Required fields are marked *