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10 Books You Should Read To Get Rich

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10 Books You Should Read To Get Rich

The journey to get rich requires certain tools. Although many seem to ignore this, books can help you build your mind, zeal and knowledge to become successful and rich. Therefore I have taken the effort to look through some amazing books that can do a lot to get your financial journey oriented in the right direction.

1. The Millionaire Next Door

This classic which was first published in 1996 and written by Thomas J. Stanley and William D. Danko offers in-depth knowledge from the findings of the authors of how America’s millionaires became rich in seven key steps. One of the high points discussed was the simple and strategic method of spending less than you earn. By doing this, you could avoid impulse buying and diversify your investments.

2. Rich Dad, Poor Dad

Robert T. Kiyosaki’s book remains a stunner any day and anytime. It is a must read if you want to start crafting a path to wealth while you are young. In this book, Kiyosaki was able to bring the distinguishing factor or habits of his father, who was a highly educated man yet poor, and his other father who was a dropout but became a self-made multimillionaire. The focus follows what are termed the different “quadrants” of the different classes of people in society and how you can elevate yourself to the Investor quadrant which will make you super rich.

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3. How Rich People Think

Steve Siebold author of “How Rich People Think” has spent 30 years interviewing 1, 000 millionaires and billionaires to figure out what distinguished them from the average person. In the book, Siebold offers concrete action steps to follow as an ambitious person to building your own wealth.

4. Think and Grow Rich

Written in an era of Great Depression, author and former adviser to President Franklin Roosevelt interviewed over 500 successful people to discover the keys to good fortune. A classic and bestselling book, it discusses how you should start planning by setting your aim and desire of how much you really want to earn. It all starts from the power of your thoughts and then action.

5. ‘You’re So Money: Live Rich, Even When You’re Not’ 

Directed towards the middle class earners who are making entry level pay, author Farnoosh Torabi talks about how you can save money in certain areas of your life. The book is a great read and offers wonderful advice to young people. It has a witty, funny and concise approach to explaining to people how they can handle their finances appropriately on the road to becoming rich.

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6. The Richest Man in Babylon

Written by George S. Clason, this book unearths principles and secrets that will lead you to personal wealth. As one of the most inspirational works on the subject of thrift, financial planning and personal wealth, “The Richest Man in Babylon” identifies the solution to financial problems that will guide you to wealth. Such secrets such as keeping your money, making more by investing and always finding a way to add value makes this book a celebrated bestseller.

7.  TheScience of Getting Rich (A Thrifty Book) 

Wallace Wattle provides the intellectual framework of building personal wealth through positive thinking. The book talks about how you can create wealth through equipping your thoughts to attract wealth. For example, if you believe that money is evil, then you won’t be wealthy.

8. The Automatic Millionaire

The Automatic Millionaire written by David Bach explains that you do not need to get rich through a budget but with a well laid out plan. The Automatic Millionaire offers timeless principles including phone numbers, websites and every element that will get you started on your road to wealth within an hour.

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9. Screw It, Let’s Do It: Lessons in Life

Written by seasoned entrepreneur and billionaire, Richard Branson offers practical steps of how he became successful and how you can too. His book is based on his personal experiences and important lessons which have influenced him and will certainly influence you too if you want to become rich.

10. The Millionaire Fast Lane

The Millionaire Fast Lane helps you see the difference between what you cannot do and what you can. There is the Slowlane Road and the Fast Lane road, which involves ignoring popular advice and settling for the unconventional path to attaining wealth and financial security.

So there you have it, ten books that can define your path to being rich.

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Featured photo credit: http://www.pixabay.com via pixabay.com

More by this author

Casey Imafidon

Specialized in motivation and personal growth, providing advice to make readers fulfilled and spurred on to achieve all that they desire in life.

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Last Updated on January 5, 2022

33 Painless Ways to Save Money Now

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33 Painless Ways to Save Money Now

In a difficult economy, most of us are looking for ways to put more money in our pockets, but we don’t want to feel like misers. We don’t want to drastically alter our lifestyles either. We want it fast and we want it easy. Small savings can add up and big savings can feel like winning the lottery, just without all of the taxes.

Some easy ways to save money:

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  1. Online rebate sites. Many online sites offer cash back rebates and online coupons as well. MrRebates and Ebates are two I like, but there are many others.
  2. Sign up for customer rewards. Many of your favorite stores offer customer rewards on products you already buy. Take advantage.
  3. Switch to compact fluorescent bulbs. The extra cost up front is worth the energy savings later on.
  4. Turn off power strips and electronic devices when not in use.
  5. Buy a programmable thermostat. Set it to lower the heat or raise the AC when you’re not home.
  6. Make coffee at home. Those lattes and caramel macchiatos add up to quite a bit of dough over the year.
  7. Switch banks. Shop around for better interest rates, lower fees and better customer perks. Don’t forget to look for free online banking and ease of depositing and withdrawing money.
  8. Clip coupons: Saving a couple dollars here and there can start to add up. As long as you’re going to buy the products anyway, why not save money?
  9. Pack your lunch. Bring your lunch to work with you a few days a week, rather than buy it.
  10. Eat at home. We’re busier than ever, but cooking meals at home is healthier and much cheaper than take-out or going out. Plus, with all of the freezer and pre-made options, it’s almost as fast as drive-thru.
  11. Have leftovers night. Save your leftovers from a few meals and have a “leftover dinner.” It’s a free meal!
  12. Buy store brands: Many generic or store brands are actually just as good as name brands and considerably cheaper.
  13. Ditch bottled water. Drink tap water if it’s good quality, buy a filter if it’s not. Get 
      a reusable water bottle and refill it.
    • Avoid vending machines: The items are usually over-priced.
    • Take in a matinee. Afternoon movie showings are cheaper than evening times.
    • Re-examine your cable bill. Cancel extra cable or satellite channels you don’t watch. Watch the “on demand” movie purchases too.
    • Use online bill pay. Most banks offer free online bill paying. Save on stamps and checks, and avoid late fees by automating bill payment.
    • Buy frequently used items in bulk. You get a lower per item price and eliminate extra trips to the store later on.
    • Fully utilize the library. Borrowing books is much cheaper than buying them, but in addition to books, most local libraries now lend movies and games.
    • Cancel magazine/newspaper subscriptions: Re-evaluate your subscriptions. Cancel those you don’t read and consider reading some of the other publications online.
    • Get rid of your land-line. Do you really need a land-line anymore if everyone in the family has a cell phone? Alternatively, look into using VOIP or getting a cheaper plan.
    • Better fuel efficiency. Check the air pressure in your tires, keep up with proper auto maintenance, and slow down. Driving even 5MPH slower will result in better fuel mileage.
    • Increase your deductibles. Increasing the insurance deductibles on your homeowners and auto insurance policies lowers premiums significantly. Just make sure you choose a deductible that you can afford should an emergency happen.
    • Choose lunch over dinner. If you do want to dine out occasionally, go at lunchtime rather than dinnertime. Lunch prices are usually cheaper.
    • Buy used:  Whether it’s something small like a vintage dress or a video game or something big like a car or furniture, consider buying it used. You can often get “nearly new” for a fraction of the cost.
    • Stick to the list. Make a list before you go shopping and don’t buy anything that’s not on the list unless it’s a once in a lifetime, killer deal.
    • Tame the impulse. Use a self-enforced waiting period whenever you’re tempted to make an unplanned purchase. Wait for a week and see if you still want the item.
    • Don’t be afraid to ask. Ask to have fees waived, ask for a discount, ask for a lower interest rate on your credit card.
    • Repair rather than replace. You can find directions on how to fix almost anything on the internet. Do your homework, and then bring out your inner handyman.
    • Trade with your neighbors. Borrow tools or equipment that you use infrequently and swap things like babysitting with your neighbors.
    • Swap online. Use sites like PaperBack Swap to trade books, music, and movies with others online. Also, look for local community sites like Freecycle where people give away items they no longer need.
    • Cut back on the meat. Try eating a one or two meatless meals every week or cut back on the meat portions. Meat is usually the most expensive part of the meal.
    • Comparison shop: Get in the habit of checking prices before you buy. See if you can get a better price at another store or look online.

    Remember that saving money is not about being cheap or stingy; it’s about putting money into your bank account rather than giving it to someone else. There are many ways to save money, some you’ve never thought of, and some that won’t appeal or apply to you. Just pick a few of the ideas that sound doable and watch the savings add up. Save big, save small, but save wherever you can.

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    Featured photo credit: Damir Spanic via unsplash.com

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