Have you read the book :*‘ The Rules of Wealth*’ by Richard Templar*? It’s an international bestseller – it is so good. I loved it.
It’s divided into short, 2-page articles each explaining one ‘rule’ The ‘rules’ are comprehensive yet digestible. It’s conversational and easy to read. 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) It challenges my personal finance approach – more on this below. There are 107 rules divided into the following sections: Thinking wealthy Getting wealthy Getting even wealthier Staying wealthy Sharing your wealth.
I will share one of the rules: Rule 79 – Make your money work for you This includes things like: Not letting money sitting idly in bank account if it can generate income somewhere else. Actively search for better rates, always Continuously make money passively in any way you can with what you have, whether through your assets (cars, houses) or plain cash 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.
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