Sick of Hearing
the Same Old Advice ? “ Word Hard , Control your expenses , Credit
Card is a “No ,
NO “ Do not get into Debt !!
Debunk all those assumptions that you will be
Rich if you study hard and work hard . This Book is actually
not one of those .
is all about the importance of money. The
premise of the book clearly distinguishes the difference between the thinking
of the rich and the poor. In essence, the only limitation between you and the
rich is in your own mind, and achieving success lies in breaking these walls.
At schools, you would have been stuck at algebra, Pythagorean Theorem, and
organic chemistry but you never study financial planning, making money, or
saving money. The book provides real-life examples to reprogram your thinking
to that of the rich and wealthy.
You can't just
graduate and leave formal education
and expect yourself to be
financially well equipped. Many people think that having a good education is sufficient
to the roads to acquire new
wealth , well they can't be any more
wrong! It is having the mindset of the wealthy that will make you rich. That is
why many lotto winners who becomes instant millionaires loses most of their
money because they don't have the proper mindset to maintain or grow their
money.
You’ll
discover why some of your money beliefs
might be wrong and that could be holding
you back , you need to consider what
are the principles and what behaviors the rich have , that you do
not have (Yet )
Laura Maya
takes this idea and breaks it into twelve chapters. You wouldn’t find a recipe
to turn rich overnight. Rather, the book provides a solid foundation for
setting the psychological stage for strong financial habits.
Another
feature of They don’t teach you how to get rich at school is the anecdotal
references in the book. Laura likes to use lots of anecdotes to illustrate her
points and she is quite good at it. For me, I found these references very apt
to my observations in life.
What’s Inside They Don’t Teach You How To GetRich at School
The book is
divided into eleven chapters:
Chapter 1: How you think about money really matters
Chapter 2: They don’t teach you how to be rich at school
Chapter 3: Myth or Lies , Which is True
Chapter 4: Learn How the Rich
Think to Become Wealthy
Chapter 5: Wealth
Empowering Beliefs
Chapter 6: Change Your Money Mindset with Neuro Linguistic Programming
Chapter 7: Change Your Money Mindset with Hypnotherapy
Chapter 8: Break free from Ego
Chapter 9: Strategies for Improving Your Chances to get Rich
Chapter 10:Let Money begets money
Chapter 11:Developing your money making skill, mental, emotional and
financial intelligence
The premise of
this book is straightforward – Rich people are programmed to think differently.
Essentially, there are 18 ways in which rich people and poor people think
differently. This chapter walks you through these 18 points clearly
differentiating how rich and poor people think.
Studying hard,
getting nice grades, and getting a job is not enough to be rich. That’s one lie
which we have been fed with since our childhood. There is a difference between
scholastic, professional and financial education. The book further analyzes the
root cause of why you are not rich. It all boils down to your education. You
were never taught about how to be rich at school. Forget that, you never even
learned personal finance or how to handle money. It further touches upon how
you can get smart with personal finance.
Perhaps the
biggest argument Laura makes is the fact that everything can change if youchange your mindset. Buying that expensive dress, impulsive buying, etc. are
all signs of a poor mentality. If you make changes to your lifestyle and
spending habits today, you will reap the benefits tomorrow.
On making
money, Laura’s approach is simple – she emphasizes on investing, spend less,
and plan for a long-term. This isn’t something new. We have all heard it. But
we never implement it. Laura gives real life examples of how you can start your
journey to being rich by investing for a long-term, planning your finances, and
by staying on a budget. Last but not the least, she focuses on self-investment by
developing your mental, financial, and emotional intelligence.