Summary of John MacGregor's The Top 10 Reasons the Rich Go Broke , livre ebook

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24 pages

English

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Description

Please note: This is a companion version & not the original book.
Sample Book Insights:
#1 Everyone has the same problem when it comes to money: they use money to dull their pain rather than fulfill their purpose. Most people today are caught in a cycle of financial despair.
#2 The financial crisis is the greatest epidemic in our society, and it’s affecting more people than all diseases combined. I wrote this book to help you understand how you can live abundantly and no longer stress about your finances.
#3 The guidebook that comes with The Top 10 Reasons the Rich Go Broke is designed to help you understand your financial views, history, beliefs, standing, and even literacy. It will help you be more engaged in your financial education.
#4 Curiosity and a sense of satisfaction are the two reasons people get involved in this book. The stories contained in this book are personal, and they concern people I know. They provide a glimpse into the minds of highly successful people who lost almost everything.

Sujets

Money management

Personal finance

Informations

Publié par	Everest Media LLC
Date de parution	01 avril 2022
Nombre de lectures	0
EAN13	9781669376262
Langue	English
Poids de l'ouvrage	1 Mo

Informations légales : prix de location à la page 0,0150€. Cette information est donnée uniquement à titre indicatif conformément à la législation en vigueur.

Extrait

Insights on John MacGregor's The Top 10 Reasons the Rich Go Broke
Contents Insights from Chapter 1 Insights from Chapter 2 Insights from Chapter 3
Insights from Chapter 1

#1

Everyone has the same problem when it comes to money: they use money to dull their pain rather than fulfill their purpose. Most people today are caught in a cycle of financial despair.

#2

The financial crisis is the greatest epidemic in our society, and it’s affecting more people than all diseases combined. I wrote this book to help you understand how you can live abundantly and no longer stress about your finances.

#3

The guidebook that comes with The Top 10 Reasons the Rich Go Broke is designed to help you understand your financial views, history, beliefs, standing, and even literacy. It will help you be more engaged in your financial education.

#4

Curiosity and a sense of satisfaction are the two reasons people get involved in this book. The stories contained in this book are personal, and they concern people I know. They provide a glimpse into the minds of highly successful people who lost almost everything.

#5

The mistakes that matter the most when it comes to genuine, beneficial learning and real change are the ones that are made by those who are trying to achieve something.

#6

The brain loves stories. It reacts differently to stories than it does to facts and data. Stories instill images and meaning, and they explain how the world works. They tap into our imagination, which allows us to participate and build the scenes.

#7

The rich are not any different from you and me, they just have more money. They can be just as inept at handling their money as the rest of us. The only difference is that they had wealth, and maybe even some degree of power, and lost it.

#8

My grandparents, Don and Julia MacGregor, were a typical couple of their era. They survived the Great Depression, and as a result, they developed some important lessons that they passed on to their children.

#9

My grandmother was an amazing person, and she was talented in many things. She raised three children during difficult times, and she was as meticulous with her money as she was with her yardwork.

#10

My grandparents, who were born in the Great Depression, knew what it was like to go without. They cherished life but did so modestly. They knew what survival was really like.

#11

My grandparents were very frugal, and they had to be in order to save money. They never ate out, and when I went to lunch with them, I always ordered the lasagna, despite not remembering the slightest thing about it.

#12

The author’s grandparents were extremely generous people, but they also learned the value of money from a young age. They grew their wealth slowly and methodically, and were able to amass a commendable net worth by today’s standards.

#13

The B. E. A. R. Trap is an acronym that stands for the common underlying causes of financial struggle for rich and poor alike. It is a chain reaction that has powerful and consequential effects, and it is up to you to stop it.

#14

Your subconscious processes over forty million nerve impulses every second. It is the most powerful processor in the world, and it exists within each of us. These nerve impulses play the same tape over and over again like a broken record.

#15

Your beliefs are your framework for how you think and act. They are not reality, but they are your opinions of what you believe to be true. They determine your actions. When circumstances change, you rarely test your beliefs.

#16

The first step to breaking the B.