The Rich Game - What Poor People Do That Rich People Don't: Secrets the Rich Know About Money That the Poor Don’t

By Kevin Solimon and Marten Livingston

Learn The Secrets The Rich Know About Money That The Poor Don’t

The wealthy have a lot of things to consider and act on that the poor are not aware of and never take their time to understand. All these things are organized in a way that starts from the mind and ends with the actions that they take every other day. They know how to protect their wealth by taking advantage of the diverse financial strategies and solutions that are tailored to meet their long-term objectives. 
This Life Changing Financial Secrets Series teaches mindset, habits that rich people do to stay rich and also how to drop all your current poor people financial habits. In this book set you will learn: 

Why mindset is everything

How to set financial goals and achieve them

Avoiding "Shiny Object Syndrome"

How to create more than one stream of income

The problem of buying liabilities

Why not having multiple streams of income is moving in slow motion

And Much Much More

Buy this book NOW to set exciting goals, develop rock-solid habits and skyrocket your productivity!
Get your copies today by clicking the BUY NOW button at the top of this page!

• Language: English
• Publisher: Shockwave Publishing
• Release date: Mar 8, 2019

Book preview

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Table Of Contents

Table Of Contents

Introduction

Chapter 1: Mindset Is Everything

The main lesson here is, to become rich, you have to think like that rich person you think about.

The Poor and Rich Thinking Statistics

Turn Your Way of Thinking Around

Creating Your Life Vs Life Happening To You

Wanting To Win Vs Not Wanting To Lose

Your Commitment Level

Little Thinking Vs Big Thinking

Challenges Vs Opportunities

Working On Me, First

Who Do You Associate With In Your Life?

Do You Want Results or Getting Paid For Your Time?

Everything or Either

Income Vs Worth

Your Mind Can Grow You Rich

Chapter 2: Setting Financial Goals and Achieving Them

Know What You Want, Then Don’t Stop Until You Get It

What Is The First Action In Achieving Financial Prosperity?

Taking a Reality Check

Arranging Your List

Make Sure Your Goals Count

Formulate A Plan and Adhere To It

Analyze and Review Your Plan Frequently

Are You Prepared To Set Your Financial Goals?

How Important Goals Can Be

Some of the Goals You Can Aim To Achieve

Clear and Avoid Debt Completely

Here are a few reasons as to why you should get out of debt immediately:

Save For an Emergency Fund

Prepare For Early Retirement

Sustain Yourself with Less Than You Earn

Get Rid Of Any Addiction

Chapter 3: Let the Money Work for You

Getting Out Of Debt

Saving While You Can

Use Sub-Savings Accounts

Adopt Target-Date Funds

The Road towards Early Investment and Retirement

Never Lose Money

Buy Things You Don’t Need and End up Selling What You Need

Risk Involves Uncertainty

Lay Low When Everyone Is Greedy and Get Greedy When Others Are Laying Low

Not All Extraordinary Things Yield Extraordinary Results

Balance Your Investments

Buy and Hold Your Investments, Forever

Chapter 4: Passive Income Vs Active Income

Active Income

Passive Income

Benefits of Passive Income over a Working Job

There Is a Boss in Your Job

Jobs Have High Taxes

Jobs Involve What You Don’t Like About Them

Jobs Don’t Provide Enough Motivation

Jobs Make You Work with the Mediocre

Jobs Have a Report Station

Permission to take a Vacation

Jobs Give You a Title

Jobs And Company Politics

Your Job Must Work

At Some Point, You Risk Being Laid Off or Fired

Jobs Need to Be Found and there’s Competition With Others

Jobs Blind You from the Bigger Picture

Jobs Do Not Involve Your Retirement Plan

Passive Income Is Like Working Smart And Not Hard

Chapter 5: Pay Yourself First

What Is The Pay Yourself First Method?

Why Does Pay Yourself First Work?

The Beauty of Setting and Forgetting

Pay Yourself First in the Real World?

Paying Yourself First for the Self-Employed

Action

Chapter 6: Assets Vs. Liabilities

Assets Are Not Anything You Envision

House

Car

Everything else belonging to you

Let’s Look At It Differently

Rich Vs. Wealthy

The Cycle Of The Rich And Poor

A High-Level Illustration

Chapter 7: Avoiding the Shiny Object Syndrome

When the Shiny Object Syndrome is Active

It Can Get Worse

Working on it and Sticking to the New Plan

Information for Only What You Require

Fighting the Shiny Object Syndrome

Choose Your Choices

New Does Not Mean the Next Big Thing

Always Look Beyond

Balancing the Noise-To-Signal Ratio

Knowledge about Switching Costs

Wait and See

The Difference between Shiny Objects and Real Opportunities

Disregard Every Other Online Course

Meditation and Mindfulness

Analyzing Your Ideas

Conclusion

Chapter 8: Playing the Long Game

The Long Prosperity Game

Enough Hard Work to Bring the Desire

Consider a Few Micro Jobs

Negotiation

Your Hobby Can Be a Money-Making Venture

Tax Bill Reduction and Investing the Balance

Problem-Solving

Invites and Ticket Giveaways

Dull and Boring is Related to Wealth Accumulation

Wealth Takes Time

Improving Your Financial Literacy

The Long Game Includes Priorities

Chapter 9: Having A Plan Towards Early Retirement

Have a Plan

Invest In Your Financial Education

Start Today

Wealth Accumulation on Auto-Pilot

Own Your Own Home

Rental Real Estate

Tax Deferred Retirement Plans

Automatic saving plans

Joining an Investment Club

Educational Investment Newsletters

Put Your Resources into the Right Use

Risk Management

Who Is Responsible For Your Investment Results?

Hard to reach the money

Conclusion

Chapter 10: Creating Multiple Streams of Income

Earned Income

Portfolio Income

Passive Income

Solid Income References You Can Depend On

Interest and Bond Vouchers

Dividends

Property Rental Produce and Infrastructure Earnings

Financial Strategies

Capital Growth

What Can You Do With The Current Internet Of Things?

YouTube Videos

Photography

Write an eBook

Sell Your Products on the Web

Build an App

Establish Your Online Channel

Earn Cash-Back Rewards on Credit Cards

Conclusion

Introduction

Welcome and thank you for taking your time to purchase this book and read it through. In our quest to find riches, there are possible things to follow and then there’s the impossible. What will keep us away from wealth accumulation is concentrating on what will make it grow and focusing on the possible. Securing your wealth requires you to start today with a plan, but what happens when you don’t have one?

The wealthy have a lot of things to consider and act on that the poor are not aware of and never take their time to understand. All these things are organized in a way that starts from the mind and ends with the actions that they take every other day. They know how to protect their wealth by taking advantage of the diverse financial strategies and solutions that are tailored to meet their long-term objectives.

We all receive money, but how do we go about using it in our daily lives? This book is here to guide you on what the ‘rich’ man you see around uses to continue gaining wealth, while the average and poor continue to struggle. You will see how you think and how the wealthy thinks and what happens after each of these make their decisions from day to day.

If you feel like this is the time to invest in your future, look at life and investments in a different way, or simply look for a way to devise a plan that will work for your finances, then welcome to the secrets the rich know and the poor don’t!

On the other hand, if you are searching for some quick-rich methods and how to be successful within a short time span, then this book is not for you. The theories, techniques, and other aspects explained in this book are real-life examples that can relate to everyone, even if you are not familiar with them. Therefore, take your time to read this book and take notes if you can.

In the end, you will have a complete plan that reveals all the secrets of the wealthy and, by then, you will see that what really counts are the little things we do.

Once again, welcome, and thank you for taking this book as your guide towards financial success.

Chapter 1: Mindset Is Everything

We all know about brains and what they are supposed to do, right? However, surprisingly enough, we don’t utilize most of them when attending to our daily schedule. You see, there are a lot of things it has to attend to, so it will only help you remember what you need to do at the end of the day and you have to feed it that information.

How? Through our habits.

After we learn and practice what we are going to do every other day, these habits go to a small central part of the brain—the Basal Ganglia. Since its size is the same as a golf ball, maybe we can redefine what small means, here. Now, what habits are supposed to do is save our brain from having to overthink. When a way of doing things becomes your habit, it will be stored in this region so that the brain uses as little processing power as possible.

There will be no more decision making the next time you practice the habit.

With this, it means that human brains are on autopilot at particular times; a shocking statistic is that you will be on autopilot 40% of the time, if what you are working on is a daily activity. Our mode of doing things does not need the brain to be aware of it, which could be a problem going by what we reap at the end of the day. If you have not yet realized what habits can do, well, as a start, they define us.

If your thoughts are repeated and form a habit, then our state of poverty—or richness—is depicted by our habitual thinking. Poor people will have deprived thinking patterns while the rich will have sophisticated ways of doing things. Routine acts require systematic thinking and that implies the need for great actions to become great.

The main lesson here is, to become rich, you have to think like that rich person you think about.

Here is the latest research based on how the poor and rich think:

The Poor and Rich Thinking Statistics