I’ve been doing a big study?on the different views on money?that people have. ?It’s fascinated me to see the vast difference between the VERY POOR and the VERY WEALTHY.
I believe that those that prepare their fields now, will reap a huge harvest in the coming months and years.
Here’s some of my thoughts along with?my wife too….
Secrets of the Millionaire Mind
You see it really is all about how we speak, because what we speak – our subconscious hears what we speak. ?When we hear ourselves speak,?we believe that and it goes right to the heart. ?In the book, “Secrets of the Millionaire Mind” by T. Harv Eker, he describes scenarios that, until now, I never had thought about.
For instance, when a person says, “Money isn’t important to me.” ?What they are really saying is that they are broke or something to that effect. ?It’s a lazy persons way out of actually figuring out how to create more wealth. ?I also grew fond of another statement that was made.
The vast majority of people simply do not have the internal capacity to create and hold on to large amounts of money and the increased challenges that go with more money and success. That, my friends, is the primary reason they don?t have much money. A perfect example is lottery winners. Research has shown again and again that regardless of the size of their winnings, most lottery winners eventually return to their original financial state, the amount they can comfortably handle. On the other hand, the opposite occurs for self-made millionaires. Notice that when self-made millionaires lose their money, they usually have it back within a relatively short time. Donald Trump is a good example. Trump was worth billions, lost everything, and then a couple of years later, got it all back again and more.
– T. Harv Eker, “Secrets of the Millionaire Mind”, Pg. 10-11
So when it comes to separating the rich from the poor, I’d not only say it was monetarily but also in mindset as well. ?The different views are tantamount in showing how to become wealthy. This is one of the many reasons that professional sports stars end up broke if they are not smart enough to hire a financial planner or they just spend spend spend after they are too old to play.
It’s like the person just inherited a huge amount of money and they weren’t educated on how to build their wealth. ?So they just trashed it. ?Rich versus poor separated yet even further.
Are you getting the idea here? ?It’s not just easy come, easy go in the world of finances. ?Everyone has to work at least a small amount of time to keep their money.
If you’re looking for a discussion group on this book, you can join me on our google hangout for the next few weeks as we finish this amazingly insightful book.
Make it a great day!