5/30/08

The Secrets of the Millionaire Mind

Several posts ago the Monetizer revealed the 17 distinctions between rich and poor people, as written by T. Harv Eker in his excellent book. Eker's book "Secrets of the Millionaire Mind" is designed to put you right into the mindframe of a rich person. The basis may seem similar to other books on the subject with the motto "Think Rich, Get Rich". After all, people who think money is a problem and controls them, will have a very hard time getting rich. In Eker's book he outlines the various distinctions between rich and poor people and the end of each of them gives you some homework to do. For example jotting down phrases your parents used to say about money. Some parents might have thrown around phrases like "money doesn't grow on trees" or "you think I'm made of money?", and those impact how kids view money as they age. So if you get the book, consider getting a notebook or journal to accompany it.

Eker provides sound advice towards saving in terms of setting up various accounts for specific purposes, but overall he seems to teach positivity and money management. One technique is to get in the habit of managing every dollar you have by taking 10% of it towards investments or your savings accounts. You'll find some great tips and techniques to employ throughout. I enjoyed the book quite a bit, although at times it can get downright wacky. One example is Eker's suggestion for the reader to go out and buy a brand new tuxedo or elegant dress, then come home, put it on, get down on one knee and declare "I'm worthy from here forth!". It's silly, but it might be exactly what seem people need to get inspired for moneymaking.

I give the book a thumbs up, and if you can find a copy at the library or even buy it online at Amazon, you're doing yourself a favor. You're bound to get some interesting perspective and ideas from Eker. Also, with the more positive material you read, whether it's on money, personal development, health or any other positive subject, can only help you advance yourself. You don't necessarily have to subscribe to every word written, but there might be just one nugget of valuable advice that inspires you , so the book will pay for itself many times over.

Order Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth at Amazon.com to get yourself in the mindframe of a millionaire!

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