Young, Rich and Wise

Rich Dad Poor Dad

Favorite Quote “The main reason that over 90 percent of the American public struggles financially is because they play not to lose. They don’t play to win.” — Robert T. Kiyosaki The Book in One Sentence Rich Dad Poor Dad tells the story of a boy with two fathers, one rich, one poor, to help you develop the mindset and financial […]

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The Richest Man in Babylon

Favorite Quote “Advice is one thing that is freely given away, but watch that you only take what is worth having.” — George S. Clason The Book in One Sentence The Richest Man In Babylon gives common-sense financial advice which you can apply today, told through tales and parables from the times of ancient Babylon. Why should you read

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Total Money Makeover

Favorite Quote “We buy things we don’t need with money we don’t have to impress people we don’t like.” — Dave Ramsey The Book in One Sentence The Total Money Makeover shows you how to stop accepting debt as normal, eliminate it forever in small increments, and build the financial future you deserve in seven steps. Why should you

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The Automatic Millionaire

Favorite Quote “The fact is, none of us really has a choice: We are all playing the money game whether we want to or not. The only question is: Are we winning?” — David Bach The Book in One Sentence The Automatic Millionaire is an actionable, step-by-step plan for building wealth without being disciplined by relying on fixed percentages,

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Ronald and Richard’s Story | Wealth Building Strategies Shared

This is a remarkable story of financial journeys that took two very different paths: The key takeaway from these two stories is that anyone can achieve wealth, and anyone can lose it. The difference lies in financial education and the choices made. The lesson isn’t necessarily to live a frugal life like Ronald but to

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Negative Media Headlines

If you, like me, sometimes find yourself getting worried due to negative media headlines, I have some valuable information to share that will help put your mind at ease and potentially make you a more successful investor. First, let’s talk about understanding stock market fluctuations. There are several levels of market movements to be aware

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The Magic of Compounding

In this post, I want to emphasize the incredible power of compounding, not only in terms of money but in every aspect of our lives. I firmly believe that our daily choices and habits are the building blocks of our future, and compounding has a profound influence on various facets of our existence. Let’s take

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Frank’s Story

In this post, the author discusses the critical importance of making sound financial decisions and avoiding emotional reactions when it comes to investing. They begin by recounting an encounter with a man named Frank during the Great Global Recession, who made a significant mistake by selling his investments due to fear and never bought back

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Compound Interest

In this post, I discuss the concept of compound interest and its remarkable power to build wealth over time. I present a thought experiment where you have to choose between two options: a million dollars in cash or a single penny that doubles every day for 30 days. What do you think is more money?

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