Everyone wants to be wealthy and to retire early to be able to enjoy that wealth. But only 1% of the population ever do. Why?
Simple answer: people try hard to find reasons to avoid the discipline that goes along with becoming wealthy.
Okay. I give you the one tiny morsel of an argument that does apply in .001% of the cases of wealthy people out there: they inherited huge wealth and never had to apply work or discipline. But don’t use that .001% to paint brush all of the 1%-ers. MOST 1%-ers worked their asses off and stuck to a plan requiring discipline and time. So, contrary to popular criticism from the 99%-ers, those 1%-ers, the majority of them, DESERVE their wealth and the enjoyments that go with it.
Guess what? YOU can, TOO.
Use the search engine on this website to find more about building and protecting your wealth. It’s easier than you imagined, but it does require some organization and some commitment on your part. To go along with that, there is a recent post on a website I do want you to read, even if you insist on being part of the 99%-ers for the rest of your life. So, click into: https://www.marketwatch.com/story/self-made-millionaires-and-the-books-that-changed-their-finances-2018-07-19
Over at MARKETWATCH.com, that post suggests a number of books that are worth reading. AND…it tells you why. In square brackets, I’ll point out the suggestions I posted under “Wealth”, that you can find using the search box on this, (Boom-QA.com), website:
- BEFORE you buy something, think about how long it takes you to earn the money you will spend on that item/experience. [On MY WEBSITE–use search box for “wealth”– Here on Boom-QA.com, I teach you to think of money in terms of how hard it is to earn BEFORE TAX DOLLARS that you will spend. You aren’t spending $1.00. You are spending $1.50 BEFORE all taxes, meaning, what you have to earn at your employer to have that $1.00 to spend.]
- Make your money work for you. [I explain the powers of compound interest and making your cash work hard by investing.]
- An expensive item and a less expensive item perform the same job. [I explain the power of substitutions.]
In addition to the MarketWatch post and the books recommended there, I one-up that by strongly urging my readers to pick up a copy of ANTHONY ROBBINS book, MONEY Master the Game: 7 Simple Steps to Financial Freedom. Recognize that most of the lessons in that book apply to America, but with slight adjustments, much of the information can be applied universally, meaning, no matter what country you live in. So, this can be a useful book to any of this site’s global readers.
Good luck on your wealth-building efforts.