I was travelling on a bus and I tried to check out some ebooks that I could read while away time because I don't like sleeping Trips. I found this book and to be honest I was convinced by the title
"The Millionaire Booklet: How to get super-rich."
It Sounds really sweet, right?
I wanted to skip it because I thought, "Oh well this is another book that would not understand me from the Nigerian perspective or this is another "do as I say", the type of book somebody hy that I've made it and try to explain from their experience stop
I remember when I told edicted about the laws of power by Robert Greene and the first thing he did was check the net worth and then wrote an article about it. he made me understand that this is just someone that made his money from a large collection of sales. He appears to write like a small god but yet is stucked in the seven million dollars range.
So trust me I did the same thing I googled Grant Cardone and immediately check what his net worth is
Forgive me Grand Cardone, A man with a net worth of over $600 million...
So I was interested in reading the book and I must say I learnt a few things from the book which I'd love to share.
Save To Invest, Don't Save To Save
This sounds a bit odd however, it makes a lot of sense. Sometimes Savings can be annoying when you finally break them for something other than investing. 90℅ of the times when I save, I always break my savings to attend to something that would not yield returns.
We live in a world where there are ROI projects. You can save and earn from hour savings. A perfect example is the HBD savings system we have on Hive...
20% Return at the End of the year!
Multiple Flow Of Income!
This is as simple as it sounds. Okay, not so simple lol. I believe earning from different streams can make life a whole lot better. Maybe not super-rich, but at least quite comfortable. It's not so easy having different income streams, however, it is necessary.
Stay Broke!
Ok, this is one part I find very interesting because the author made a lot of sense. Staying broke means putting your money out of the bank and letting it do work for you. Meaning that you can calculate your expenses and then invest the rest of your money. That way, you don't have money for things that do not matter. when you check your account it doesn't tell the full story.
This makes a lot of sense when we look at cryptocurrency because you realise that so many rich people have their money in crypto and This is one of the biggest strong points in the "banks vs crypto" theme.
Many people save or invest in crypto leaving their Fiat balance very little. A
I find this very useful tip because it's something that I know already and I can relate to it too. I think generally the book made a lot of sense and resonate with me unlike like most of the "success" and "how to get rich books" I have a read.
What do you think? Who has read the Millionaire booklet and do any of these tips resonate with you? feel free to share your feedback and thank you very much for Reading