1-Page free summary: The automatic millionare.(2023)

Favorite quote:

“Remember, inspiration unused is merely entertainment. To get new results, you need to take new actions.”

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Put clear objectives you intend to accomplish each year in writing. Setting goals in writing is effective.

You can start to accumulate riches if you own real estate.

The road to success requires failures. One is not experimenting or inventing enough if they are not failing at all.

Never is life simple. But it is a fact that leading a bad life requires just as much effort as leading a good one. Why not pursue the good life when you have to put in the work?

Wealth and money serve as a tool to assist us in achieving a specific objective; they are not an end in themselves. We won’t lead a joyful and serene existence if our financial management practices are at odds with our fundamental beliefs.

All of us eventually engage in the money game; we have no option. Whether we are on the winning or losing side is the most crucial question.

He finds money management uninteresting, which is the one real secret of an investor who does well in both good and bad economic times. Boring also works!

You only need to decide to pay yourself the first 10% of your income and set it up as automatic deductions, buy a property, and pay it off early to become a billionaire.

The oddest truth of all is that people who give back experience faster financial flow. Because givers draw wealth rather than lack into their life, this is the explanation.

More of what you give will return back to you. Giving selflessly is what fills our lives with happiness, love, and purpose.

You feel wealthier the more you offer.

You must pay off your credit card debt. Follow these five steps religiously: quit digging yourself a hole, renegotiate the interest rate, pay for the past and the future, pay off all of your debt, and set it up to be automatic.

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