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.
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 you change 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.