The Rules of Wealth: A personal code for prosperity and plenty

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Pair this with Rule 104 – Spend your own money because no one can spend it as wisely as you. Another mental explosion. Of course I deserve to spend my own money, duh Suraya. New Rule 3 under The Rules of other people’s wealth (available in 2015 edition) – Other people’s money belongs to them Because money loves speed, money loves to circulate, and money loves to hang out in sizable groups. If you wonder what are the rules of wealth that successful people know, keep reading and you will find out… For instance, most of us have friends who already follow the rather dubious Rule 22 (‘Only by looking wealthy can you become wealthy’) but who remain up to their eyeballs in store card debt. Equally, plenty of the rich ignore Rule 50 (‘Only buy shares (or anything) you can understand’), as evidenced by the ostrich farms, offshore scams and pyramid schemes some regularly lose money to.

There are many individuals out there that're supremely intelligent when it comes to general knowledge and book smarts... but financial literacy is a whole different ball game. I know there are a shit ton of funds to choose from. If you can’t get ASNB for whatever reason, there’s a fund selector tool from Fundsupermart that I quite like (note: not sponsored to say this). Before we delve into The Rules Of Wealth let's clear up the old 'Money can't buy happiness' argument. This goes well with Rule 101 – Find ways to give people money without them feeling they are in your debt.

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The simple truth is that wealthy people tend to understand and do things the rest of us don’t. From mindsets to actual actions, they follow behavioural rules when it comes to their wealth and these rules are what separate them from everybody else.” What I mean by exchange here is that you have to have some skills or do something that you can exchange for money. Just look around the street and have a look at all those big businesses. They are actually exchanging their skill or value to the world in a return for money. That is exactly what you must do, don’t chase money but get a money magnet skill that will attract many funds to you. It sounds wired, right? Just read these rules of money below and you will get the whole concept. I know you might think this sounds bullshit or wired but is not. It actually more than a positive thought and the universe delivering the idea to you. There are a lot of people who are so hungry at getting rich. But what most people don’t understand is the hidden rules of money am about to show you. The secret is this “For you to earn money, there should be some form of exchange” You see money is a very discipline thing, follow it rules and it will come to you, follow your own rules and you will get it not. Don't look or wait for permission because that time will never arrive. Make the decision and put in the work.But it’s is stupid to think that just because you have a key, you can break into a break wall if there is no door inside. If you are poor, all you see is money problems, once you overcome these you realize that there are other types of problems out there where money has no power over it. Poor people always judge when someone’s success can make him suicide because that is all that they can see, an abundance of money. And how could anybody need anything more than money? However, you cannot expect a rich mindset from poor minded people. Do what you want with your money. Give it all away. Burn it. Whatever. I’m going to try and be Switzerland about this and be super neutral. Conclusion It doesn't matter who you are, where you were born or how old you are - money doesn't discriminate. Here is a very important distinction we have to make when it comes to learning. Learning is about acquiring knowledge that can be transformed into value in your life and others. That is what learning is, nobody cares if you know all the meaning of words in the dictionary, as long as you are not making any good use of such knowledge, it’s not valuable. Someone once said “Stop reading books! If you’re not going to implement the theories and concepts that are taught in books and courses, then it’s not worth spending the time and money to buy the resources and information.” Learning is not the only part. Without execution, the whole plan will go to fail. So from now on, stop reading and start implementing. 6. Never be a slave to money become the master (Secret rule of money) If you're 25 years old and have no dependents and a chunk of cash stashed aside in case of an emergency do you think you'll be able to subject yourself to a more lucrative investment opportunity than the 60 year old man that's winding up his career, about to enter the retirement stage of his life?

It includes moral and ethical values that I believe in (including a reminder that you can’t take money to the grave, so don’t hold money too tightly) Listen to me, you must get rid of them and reprogram your subconscious mind only on enabling beliefs. Here come the secret rules of money I have been waiting to show you… 11. Money is your personal army, it should go out and bring prisoners P/s- Still have to keep Rule 80 in mind – Know when to let go of investments. PublicDomainPictures / Pixabay Rule 79 – Make your money work for you By setting money to work, it will keep growing instead of losing value via inflation. This rule made me happy – most of my money is generating more money as we speak, I have very little in my bank account. I talked about this in my passive income guide. Rule 90 – Put something aside for your old age – no, more than that!

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A few days ago, I went to a bookstore to expand my knowledge, but most importantly to absorb the atmosphere of endless wisdom. Every investment vehicle comes with a level of risk and a rate of return, generally the higher the risk the more lucrative the return... Will money help then? I have no idea, maybe yes, maybe not. I’d like to keep the yes option open anyway in case I need it.