Ch.12 & Ch.13: Build wealth like crazy; live like no one else Flashcards

1
Q

Is wealth an escape mechanism?

A

no its a huge responsibility

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2
Q

what three things is money good for?

A

Fun, investing, and giving

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3
Q

when do you deserve luxery?

A

only if you can afford it

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4
Q

how do you get “robbed”?

A

you get robbed by not using cash

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5
Q

will quality investments come back?

A

if you have quality investments with long term track records, they will come back

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6
Q

what should you always do?

A

manage your money

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7
Q

who should you surround yourself with?

A

surround yourself with people smarter than you

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8
Q

how do you know when you’re wealthy?

A

when your money makes more than you do, that’s when you’re officially wealthy

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9
Q

what do most if not all millionaires do?

A

they share the love of giving

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10
Q

what does money give power to?

A

it gives power to good intentions

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11
Q

what ISN’T the answer to life’s questions?

A

wealth

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