The middle class is a scam and you have been lied to your entire life. They sold you on going to college, investing in a 401k, save your way to financial security, and buy a house that you will never really own. You did everything that they told you to do, but your constantly struggling to make ends meet. Continue reading
The 10 Pillars Of Wealth is a very well written and easily read book for anyone looking to become successful. I firmly believe that a good book easily hold your attention. If a book is a good read, i can usually knock it out in just a few days. I finished it in four days because it provided solid information and was very entertaining. Alex Becker explains in-depth concepts on accumulating wealth in ways anybody can relate to.
Some of the examples he uses to teach are a little on the extreme side. Some of his stories that he uses as examples are downright hilarious. Either way, he does a fantastic job of relating these concepts through his examples. Somehow, he rides the line between pure genius and a perverted cartoon character. The thing that I like the most about Becker’s writing is his blatant honesty. He tells you exactly why most people don’t succeed and that there’s a chance you will not succeed either. Unless, you understand and implement the pillars that he discusses into your daily life.
The best description that I could give this book, is to call it a modern version of Think and Grow Rich.
Things that produce passive income, are the smartest investments you can make to achieve financial freedom.
One of the most important aspects of achieving financial freedom is separating time from money. To do this, you must have your money work for you rather than you work for your money. The greatest way to do this is to have multiple flows of income through passive income.
Passive income is the ability to accumulate money without actively putting in consistent time to earn it. You see, when the majority of people need extra money, they decide to get a part time job. Then, they are paid in accordance to the amount of hours they have labored.
Passive income can be earned while you sleep or take a shower. You put some form of initial investment of time or money at first. Then cash flow is created without constant labor to produce income.