Ch.12 & Ch.13: Build wealth like crazy; live like no one else Flashcards
Is wealth an escape mechanism?
no its a huge responsibility
what three things is money good for?
Fun, investing, and giving
when do you deserve luxery?
only if you can afford it
how do you get “robbed”?
you get robbed by not using cash
will quality investments come back?
if you have quality investments with long term track records, they will come back
what should you always do?
manage your money
who should you surround yourself with?
surround yourself with people smarter than you
how do you know when you’re wealthy?
when your money makes more than you do, that’s when you’re officially wealthy
what do most if not all millionaires do?
they share the love of giving
what does money give power to?
it gives power to good intentions
what ISN’T the answer to life’s questions?
wealth