CREATING a HABIT of reading BOOKS took my life to the next level to achieve my GOALS and making me a MILLIONAIRE in a very short span of 6 YEARS. I heard long before about people reading books and creating SUCCESS but it never occurred to me how it’s really possible. I have read almost one complete section of books about investing, stocks and real estate from our local library. It’s so nice that all these books are available in one section, easy to find them. Some of these books are really my favorite and I have read them over and over and still finding new things to learn.
I like to share what I have learnt from these books:
RICH DAD POOR DAD by Robert T. Kiyosaki
No other book had more impact on me compared to this book. This is the book that started my whole journey into INVESTMENT. It made me understand that buying a house is not an ASSET, it’s an actual LIABILITY which is the reason I still don’t own house but I own around 20 rental units that produce income for me.
I can totally relate this to me personally as my parents always wanted me to study very hard and find good job which I did. But then I realize that 9-5 job is a trap and it’s a RAT RACE, We work and make little bit money to be spent on things or rent or mortgage payments and this vicious circle never breaks. I can’t be successful by just depending on my job. It has to change and This book helped me to take the next step.
ASSETS VS LIABILITIES
Schools never teach us the real difference between ASSETS and LIABILITIES; HOME which is the biggest investment of our life and we thinks it’s our biggest ASSET but I understood that it’s actually LIABILITY because we have to make payments every month to bank or city(Taxes) to use it for living. ASSET is something which makes money for you instead of taking from you. This is one of the main reason that I have invested in rental properties instead of buying house. Building ASSETS has been primary goal for me.
RICH DON’T WORK FOR MONEY
Just understanding ” Rich don’t work for money ” concept can let you realize how SUCCESSFUL and RICH people think about MONEY. This is how Rich differentiate from the poor because Rich works to LEARN and INVENT things. They don’t sell their TIME for money which is the main REASON Rich keep on getting Rich and Poor keep on getting Poor.
THE MAGIC OF THINKING BIG by David J. Schwartz:
HOW some people are better at everything they do or starts, it always feels like they are probably getting lucky? HOW some people make FIVE times the money compare to average salaries? HOW some build so much wealth? It’s because they think FIVE times bigger?
THINK BIGGER TO ACHIEVE BIG
This book makes me realize that I need to THINK BIGGER and plan to ACHIEVE BIGGER things in my life. BELIEVE you can SUCCEED and if you will Believe, really believe, you can move the mountain, and you can. Not many people believe that they can move mountain. So, as a result, not many people do. We need to have believe in our self, in our product or in our team to succeed.
Your mind will find a solution for you once you believe it can be done. Think BIG
We tend to sell our self short, what are our biggest GOALS of our life? We can achieve much more than what we think we can, big thinkers BELIEVES in expansion, SETS HIGH GOALS, figures way to increase income instead of cutting down, thinks about LONG TERM and focus their attention on BIG objectives.
THE COMPOUND EFFECT by Darren Hardy:
WE have all heard the story of penny doubling daily gets to around $11 million in 31 days, The main points to notice here is that it gained most of the money in the last 4-5 days.
This book really made me realize is how investing today grows so BIG over time, all INVESTMENTS look so SMALL at start and most of its life but it does get MOMENTUM towards the end. COMPOUNDING is known to be the EIGHTH wonder of the world.
SMALL, SMART CHOICES + CONSISTENCY +TIME = RADICAL DIFFERENCE
THE COMPOUND EFFECT is the principle of reaping huge rewards from a series of small, smart choices. People stop doing positive things after trying it for a few days or months, What they don’t realize is that these small, seemingly insignificant steps completed consistently over time will create a radical difference.
COMPOUND INTEREST CALCULATOR
I have lost count how many times I use this Compound Interest calculator every year, Let’s check out its compounding magic by just investing $150 per month over 40 years with 10% returns.
We get $ 1 MILLION Dolloars
THE SLIGHT EDGE by Jeff Olson
VERY small things we do will give us a SLIGHT EDGE over time. It can be avoiding bad food, doing a few minutes of exercise daily and small money saving\investing per month etc.
We don’t see the DIFFERENCE in a SHORT TIME but over time avoiding bad food can make you healthy or consuming it can make you fat. Saving and investing money can make you RICH and MILLIONAIRE by retirement or spending that little extra cash can leave you with no money. We are always on one side of the curve, either we are improving or not, that’s why it’s important to have those SMALL CHANGES in our lives which give us a slight edge.
There is no true straight line. Everything is always constantly changing including our life. If we understand and live by the law of compound interest, our lives can always move up the curve and we always end up on downward curve if we never understand this concept. We can measure our health, happiness, relationships, personal development, finances, career on the curve and see in which direction we are heading.
Are we going up or down?
UNFU*K YOURSELF by Gary John Bishop
YOU spend huge swaths of time talking to___ YOU! .
You did this while exercising, working, eating, reading, writing, walking, praying, meditating and even while having sex. This book is good to make you realize why you do what you do and how you can get out of your thoughts and start doing things.
This books helps me understand who I am, What I am thinking, Why I am think and What I should be doing instead. Sometimes, we keep on believing into wrong things because of Society or culture or how we brought up. This book helped my clear clutter from my mind to STOP BLAMING things which doesn’t have any benefit in my life and START FOCUSING on the things which really matters. Now, I just focus on my GOALS, not what other people thinks.
- BLAMING LUCK.
- BLAMING OTHER PEOPLE.
- POINTING TO OUTSIDE INFLUENCES OR CIRCUMSTANCES.
- WILLING TO DO THINGS.
- WIRED TO WIN.
- BELIEVE IN YOURSELF, YOU GOT THIS
These books has so much impact on my that I am not the same person before and after reading these BOOKS and I read these books again and again when I feel demotivated to gain CONTROL on my emotions. We all go through phases when we are not motivated to go through life and tough road to SUCCESS, these books has become my COMPANIONS and these books are keeping me on path to success.
You can make best INVESTMENT in you by buying and READING these books, Buying is important so you can read them again and again and try to buy at least 2-3 motivational books every year.
These books has been source of my SUCCESS QUOTES which I share on Instagram daily.
Check me out at Instagram @atwalspace to see cool Nature Photography and amazing SUCCESS QUOTES.
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