Today, I'm diving into three invaluable lessons I've learned from reading stacks of money, finance, and investment books.
Why am I so into books, you ask? Well, it's because they make you think. They require your full attention.
1. Money is a game.
You need to understand the rules, and the first rule is to stop attaching your self-worth to your net worth. Money is a tool, not a measure of your goodness or badness.
2. To win the money game, you've got to understand the rules.
Yet, financial literacy is often missing from our education. So, take control of your finances. Track your daily spending and earnings.
3. With money, you can only spend it, save it, or invest it.
Saving alone won't make you rich, thanks to inflation. Build a cash-generating machine (like a business) and invest the proceeds into assets that generate cash or appreciate (like real estate).
These lessons may not work for everyone, but I hope they inspire you.
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