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    Summary of Bob Lotich's Simple Money, Rich Life
    Summary of Bob Lotich's Simple Money, Rich Life
    Summary of Bob Lotich's Simple Money, Rich Life
    Ebook46 pages40 minutes

    Summary of Bob Lotich's Simple Money, Rich Life

    By IRB Media

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    Please note: This is a companion version & not the original book. Book Preview:

    #1 Sometimes you try things after others have failed, thinking that nothing will work. However, the truth is that you might have a key chain with 25 keys on it, but only one will actually unlock the door for you.

    #2 There are many financial solutions out there, but many people have struggled to find the perfect one. You may have tried all the budgets, expert financial advice, and debt-payoff plans, but nothing has worked.

    #3 Saving all you can is about reducing expenses and saving money on things you regularly purchase, which will provide you with more available income.

    #4 I am more into big wins that don't have a huge effect on my standard of living. I don't want to live like a pauper, and the good news is, we don't have to. I live and breathe this stuff.

    LanguageEnglish
    PublisherIRB Media
    Release dateMay 9, 2022
    ISBN9798822509795
    Summary of Bob Lotich's Simple Money, Rich Life
    Author

    IRB Media

    With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.

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      Book preview

      Summary of Bob Lotich's Simple Money, Rich Life - IRB Media

      Insights on Bob Lotich's Simple Money, Rich Life

      Contents

      Insights from Chapter 1

      Insights from Chapter 2

      Insights from Chapter 3

      Insights from Chapter 4

      Insights from Chapter 5

      Insights from Chapter 6

      Insights from Chapter 7

      Insights from Chapter 8

      Insights from Chapter 1

      #1

      Sometimes you try things after others have failed, thinking that nothing will work. However, the truth is that you might have a key chain with 25 keys on it, but only one will actually unlock the door for you.

      #2

      There are many financial solutions out there, but many people have struggled to find the perfect one. You may have tried all the budgets, expert financial advice, and debt-payoff plans, but nothing has worked.

      #3

      Saving all you can is about reducing expenses and saving money on things you regularly purchase, which will provide you with more available income.

      #4

      I am more into big wins that don't have a huge effect on my standard of living. I don't want to live like a pauper, and the good news is, we don't have to. I live and breathe this stuff.

      #5

      The same is true of your financial situation - the battle is the Lord’s, but you have to show up.

      #6

      The battle isn’t yours to fight. The battle is the Lord’s, but you have to show up. Don’t make the mistake of thinking that because it’s His battle, He won’t require you to do something.

      #7

      When we take the natural step while praying to God to do the supernatural, we open the door for the miraculous. When we take the practical steps laid out in this book, we allow God to do the supernatural in our lives.

      #8

      The best way to track your financial progress is by using the Assets Under Management metric. It is a single number that shows you what is really going on with your money, instead of what you think is going on.

      #9

      AUM is a better way to track your financial progress than just focusing on your debt. It will allow you to continue tracking your financial progress even if you've eliminated all your debt.

      #10

      To calculate your AUM,

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