If there is any thread about the book "Secrets of the Millionaire Mind" written by T Harv Eker, then just redirect this thread to that thread.
If not, anyone wanna discuss the book? Anyone read it?
I have. What I found most useful was what T Harv Eker said about the "play account". If you have cash over after having paid yourself (for investments), paid taxes and after you have paid fixed expenses then you can spend the rest on rich stuff. Just to have fun. I was hooked on the idea that it is important to live and act like a rich human being every month (of course with money you can afford to spend, not credit). Just spend a certain amount of money on rich stuff more or less. I wasn't so hooked on the importance of putting aside only 10% to play activities. If you have more than 10% to spend on play activities (after you have taken care of other obligations), then why not have really, really fun?
The point being: If you never have fun, then why live life? If you have money to play around with after you have invested 30%, paid taxes and payed fixed expenses, then why should you not do it? You only live ones and only you can give yourself the enjoyment life can offer. No one else.
T Harv Eker mentioned something about putting aside 10% to the play account, 10% to investments etc. As mentioned, I don't follow it and won't change either because my budgeting technique works exceptionally well for me.
Anyone else who wants to share something from the book that might have had an impact on that persona particularly?
If not, anyone wanna discuss the book? Anyone read it?
I have. What I found most useful was what T Harv Eker said about the "play account". If you have cash over after having paid yourself (for investments), paid taxes and after you have paid fixed expenses then you can spend the rest on rich stuff. Just to have fun. I was hooked on the idea that it is important to live and act like a rich human being every month (of course with money you can afford to spend, not credit). Just spend a certain amount of money on rich stuff more or less. I wasn't so hooked on the importance of putting aside only 10% to play activities. If you have more than 10% to spend on play activities (after you have taken care of other obligations), then why not have really, really fun?
The point being: If you never have fun, then why live life? If you have money to play around with after you have invested 30%, paid taxes and payed fixed expenses, then why should you not do it? You only live ones and only you can give yourself the enjoyment life can offer. No one else.
T Harv Eker mentioned something about putting aside 10% to the play account, 10% to investments etc. As mentioned, I don't follow it and won't change either because my budgeting technique works exceptionally well for me.
Anyone else who wants to share something from the book that might have had an impact on that persona particularly?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
