Master the Game of Money
7 Steps to Financial Freedom - Save Money, Control Your Expenses And Budget Your Money to be financially Free
Table of Contents
Introduction
T he Ultimate Money Making Guide is summarized into one single eternally true sentence: if you do what other successful, wealthy people do, over and over again, you would eventually end up with the same results; you would become successful and wealthy . Making money and sustaining it is a skill, it is learnable and does not have any barriers whatsoever, irrespective of language, religion, gender, or locality. All that is required, just like for any other skill, is the proper mindset, the can-do spirit. If you can learn to use the computer, drive a car, or use a lawn mower, it is undisputable that you have the mental faculty to also learn to become rich and successful. Its all in the mind; that is where it all starts from.
Hundreds of thousands of self-made millionaires and billionaires, worldwide, would attest to this fact because their journeys are similar. Therefore, it would be safe to say that making money, becoming financially free, is somewhat a science it has no bias, only principles; it has no barriers, but only requires the will to carry on when those imminent challenges prop up; it has no limits, but demands consistency in application of the laws that guide money making.
Since ancient times, up until till now, and unto the end of the world (if there would ever be anything like that), the science of making money has always remained the same and would never change because that is exactly what it is: a science. Just as water would boil at a 100 degrees centigrade, whether in the Sahara desert or in Quebec, once the right materials are used, so also does money answer those who know how to call its name; no matter where and when they do so.
This book aims to show you how the rich and successful use the science behind money making time and again to literarily create money and sustain it. One thing is clear and very evident with money making, though it can be lost once the rules are violated. Thats right, once rich doesnt necessarily mean always rich. Rather, it calls for more prudence, discipline, and financial engineering to stay at the top. Or what use is making money when it cannot be sustained.
E arning, saving, budgeting, controlling your expenses, and such traditional mantras are truly important in the science of making and growing money; but there is indeed more. It is that extra touch that differentiates the truly successful form those who were once rich, but now wretched, it is that edge that stands out those who rose from rags to unimaginable wealth which they grow so well and even hand over to their children and future generations.
That is the purpose of this book. To show you how to rise from squalor, bad debt, and misery, to wealth, peace of mind, and financial success. It would show you the 7 golden steps to achieving financial liberation, and how to maintain it for a lifetime. In the end, its all about choice; lead a happy life and retire into bliss; or scratch from day to day and retire into depending on social security, meagre pensions, and relatives. Today is the day you make your choice.
Happy reading!
CHAPTER 1
FINANCIAL LITERACY -THE FIRST STEPON THE ROAD TO BECOMING WEALTHY
M ost would wonder why so many are not making money, finding financial freedom, or even getting wealthy in the midst of all the opportunities and examples of millionaires that abound especially in industrialized places like USA, UK, Canada, Japan, Western Europe, Australia, etc. These places and such similar countries harbor the wealthiest people on the planet at least for the past 150 years or so. The curiosity stretches further: why do their wealth not rub off on the larger society; why cant others be as lucky as they are and join the league of millionaires, etc.?
There is only one answer to these questions: self-made millionaires are educated in financial literacy . It doesnt matter if they have a college degree or not; whether they are in manufacturing or entertainment; it all boils down to what they know about money and finance, nothing else.
In effect, while the vast majority of the people remain poor, chasing shadows, and wishing for luck to become wealthy, the rich is getting more sophisticated with numbers, more interested in the politics and economics of the world, more refined with investments and risks, etc. Is it an unfair start, one would ask? No it isnt. Remember they too started from somewhere.
In other words, it is almost certain that your ability to achieve wealth and financial success is directly proportional to how much interest and zeal you show in matters of money and money-making now that you are not yet rich and successful. Poor people are scared of numbers, easily fatigued with high-level money talk and get drowned in the analysis of how business and governments operate. Whereas, wealth-minded people find interest in these types of matters, pay close attention, and utilize the information they get to harness the innate potentials in them.
This is the bottom linein the difference between those who would make it in future, and those who would not; it is the level of understanding they have in respect to money that counts. This explains why many find great wealth and lose it rapidly. People in sports, entertainment, and some family heirs who have lost millions of dollars and gone bankrupt in recent times buttress this point perfectly. To inherit or achieve great wealth in a very short period of time is one thing, having a good grasp of financial numbers to manage it is another.
Chapter two explains more.
CHAPTER 2
FINANCIAL LITERACY - KNOWING WHAT NOT TO DO - KEY NUMBER TWO
H ighlighted below are the top five reasons (associated with a lack of financial literacy) why most people remain poor. If you can successfully avoid these 5 devils, you might just be in the class of millionaires sooner than you think.
Lack of self-realization
Most poor or average people come from a background where they grew up under unsuccessful parents, go to a school where the students are not from wealthy homes, never had closely related with any wealthy person, always socialize with poor people, work in a place filled with poor and struggling folks, and have no wealthy or rich models to look up to and learn from. This is a typical scenario for the larger percentage of humans on earth at the moment.
This state of reality is daunting and can damage the spirit of a young, struggling fellow. Because of the circumstances surrounding his/her background, the fellow finds it almost impossible to dream of wealth, let alone pursue it. Worse still, there is no opportunity to learn the intricacies and finesse in financial literacy which is best learnt in a real life situation with practical day-to-day examples witnessed in family, friends, co-workers, or role models.
Good news is that out of this seemingly impossible quagmire, many have risen to greatness.
The thief called indecision
Even when the awareness that achieving wealth is possible, most folks find it difficult to decide to become wealthy. The can-do attitude can never come into effect until that decision to become successful is made. In fact, many are too afraid of success and its attendant responsibilities and challenges that they prefer to remain in the shadows, surviving pay-check after pay-check till they reach old age and die in misery. Financial freedom is kick-started on the day when it is affirmed unequivocally, I am going to be wealthy and successful.
Not deciding early enough to commence acquiring financial literacy is a recipe for catastrophe. Even though money is made in large volumes but spent with a lack of knowledge of financial numbers, it is certain to be lost sooner than later; there is no short cut through it. Conversely, a mind that has decided to be successful should also get interested in learning how money works, how it is made and sustained through time; it would compel the fellow to seek out mentors, and opportunities to learn. Anything short of that is disaster waiting to occur.
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