If you become a rich person and make a lot of money so today I’m going to share with you a book about saving money and these kinds of books help you with financial education
MONEY MASTER THE GAME BOOK:
So the author of this book outlines seven easy ways to create money. Anthony Robbins, better known as Tony Robbins, is the author of the book. He is a motivational speaker and is frequently referred to as the king of motivational speakers since he is a driving force in the self-improvement sector.
The 7 sections of that kind of book When you open and look through this book, you could wonder how much information you should study if you need to acquire a financial education. Although the idea of financial freedom has been around for a while, just 0.1% of individuals actively pursue it. People can become financially free, and you can do it whether you make $10,000 or $50,000. Tony Robbins, the creator of the game Money Master, has a carefully thought-out framework that you can use to gather financial data. if you choose to want this. He speaks with the most knowledgeable or experienced persons when writing this book. Cal Sober, Ray Dalio, and Warren Buffett are examples of self-made billionaires.
BOOK INTRO:
This book is almost 700 pages and the author divided it into 7 sections
Section 1 Tells About The Jungle;
The jungle is described in the first section. The same is true when you make more money—you never know who might be thieving your cash—because you never know which animals will attack you when you enter the forest. Financial advisors, bankers, and other crook instructors might deceive you with a different trap. As a result of our lack of reasoning, avarice, or sloth, we have the upper hand over our adversaries. We need to concentrate on these things and have faith in ourselves if we want to become wealthy. You gain confidence in yourself when you have experience and expertise.
Section 2 Know The Rules Before You Get In;
The author tells us to take ownership in section 2. If you don’t learn how to make money, invest, and manage finances, you can end up making a big error when you acquire a business, become a business owner, or both. Making money is your half-life, and investing it is the other half. You know the basics of investing, such as how to make the most money over the long run, and the stock market is the best place to do it. As you play more, you become more aware of how difficult it is to beat the index. The consistency Sensex infected 4% of mutual funds perform better than other indices, similar to nifty higher returns
Section 3 What’s The Price Of Your Dreams?
If you ask 10 to 20 people how much money they would need to live their perfect life, 19 will respond that they would need between 10 and 100 crores because this is a random number. Everybody wants more, or if you really desire financial freedom, you figure out the precise quantity. For instance, if your family has five members and your monthly expenses are $50,000 per month and $5,600 annually, you would have 80 lack of financial freedom. If you put 80 lacks in the bank, you would receive 6 percent interest or roughly 5 lacks. As you might have seen, this is less than most people would consider the optimal number.
You are in a rapidly developing nation where expenses seem to be high and future income of $50,000 will be reduced due to rising prices for goods. You may put some money toward trustworthy businesses or stock marketing firms.
The author who wrote this book refers to complete financial freedom as the ultimate objective:
financial security
finical vitality
financial independence
financial freedom
absolute financial freedom
Section 4 Makes The Most Important Investment Session Of Your Life:
Start treating so every investment session as the most important asset allocation of your life.
Section 5 Create A Lifetime Income Plan:
The author writes a substantial amount of information in Section 5 with the assistance of Ray Dalio, a hedge fund manager who manages the portfolios of wealthy individuals. Ray Dalio provides the author with the portfolio strategy, which is comprised of 30% stocks, 40% long-term bonds, 15% short-term bonds, 7% gold, and 7.5% commodities, and this portfolio is well-supported.
Section 6 Invests As The Top 00.001% Do:
The author provides us with several interview notes from the wealthiest people in this section. The rich investor gets less risk and more profits, such as a 5-dollar return on a dollar investment, or a 400% return, whereas the middle class risks everything for just 4% to 8% of the gain.
Section 7 Do It, Enjoy It And Share It:
The author has written lots of books and is a motivational speaker. When you put away your money in order to take different vacations, purchase leisure activities, have your money work for you while you’re at it, spend time with your special someone, and donate your money, that’s what makes you happy.
