13/03/2023
5 lesson learned from book-Money: Master the Game
1. Money is neutral
Money is simply a tool, it is our intentions and means that make it evil or good. Money amplifies what a person already is. It will make the greedy more greedy and it will make the generous more generous.
Money can fund a dream or start a war. — Tony Robbins
2. Be honest about your financial situation
Being too negative or too positive is dangerous.
You have to be real when it comes to managing your money.
Be honest with yourself about where you are and identity what you’re lacking so you can begin to make changes.
3. Be humble
Being overconfident with what you know is a recipe for disaster anywhere, especially with finances.
The best investors know they’re going to be wrong, no matter how smart they are. — Ray Dalio
4. Give
According to Robbins, giving is the ultimate secret to wealth.
It might be counterintuitive that giving allows you to have more. But maybe that’s just how life works, it gives to the givers.
5. Prepare
It wasn’t raining when Noah built the arc.
Build an umbrella fund while the weather is nice.
Set up health funds while you’re still healthy.
Save for retirement while you’re still young.
Losers react; leaders anticipate - Tony Robbins.
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