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Lessons I learned from "Rich Dad, Poor Dad"

~ Thread ~

1. Put your money to work

You cannot get rich with your money in savings account,

Invest it in appreciating assets.

2. Amount of money retained matters

It is not the amount of money you make,

It's the amount of money you keep that matters.

3. Acquire assets

Rich people acquire assets while poor accumulates liabilities,

Your choices will determine your fate.

4. You are not born to work for others for lifetime

Most people consider this slavery as their life,

Completely forgetting the life possible beyond that.

Biggest Regrets: Lessons from a 100 Years Old

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1. You will regret not choosing your life partner carefully

Take the time to get to know someone before committing.

Make sure the person is the right one.

2. You will regret not spending time with loved ones

You feel more stressed,

When you don't spend enough with people you love.

Don't pursue professional life at cost of personal life.

3. You will regret not traveling enough

Travel when you’re able to.

It opens new perspectives of life for you.

4. You will regret settling in a condition you hate

Our human lives are very finite.

It's not so cheap to spend somewhere you hate.

Life Truths from a 100 years old

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1. When in doubt, keep moving.

Stagnation causes the most failures.

2. Your job won't take care of you when you are sick,

Your family and friends will.

3. Life is too short to do things you hate

4. You don't need to win every argument.

Just be honest to yourself.

Money Myths: Busting the lies you believe

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1. Wealth Building is mostly luck.

"I was born poor, So I can't die rich,

Millionaires just inherit their wealth"

Remember, 80% millionaires are first-generation millionaires.

2. Banks are your saviors

Banks are not there to protect your money,

Rather they lend your money to make more money.

Bank is a business model for them, not a service for you.

3. Investing in markets is too risky

$SPX price raised by 4,000% since 1980.

In long run, Stock market is money-making machine.

Don't be afraid to invest, afraid to money eaten up by inflation.

4. Looking rich will make you rich

What's the use of a Lambo purchased on debt to look rich?

Looking rich will make you poor from inside.

Only spend what you can afford comfortably.

How to Network: Must read for shy people

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1. Start with Whom You Know

Start slow by networking with relatives and friends.

Once you gain some courage, you can expand to strangers too.

2. Put on a Happy Face

SMILE

This is such a basic rule yet people just don't think about it.

3. Listen to be Heard

Everyone wants to talk about themselves.

If you are shy, be a good listener.

If you let them speak, they will remember it as a great conversation

4. Say their Name

People like to hear their own names.

Calling them by their name would make them more comfortable.

15 Powerful Philosophy Quotes From "Confucius"

Thread

1. "By three methods we may learn wisdom:

First, by reflection, which is noblest;
Second, by imitation, which is easiest;
and third by experience, which is the bitterest."

- Confucius

2. "What the superior man seeks is in himself; what the small man seeks is in others."

- Confucius

3. "It does not matter how slowly you go as long as you do not stop."

- Confucius

4. "Everything has beauty, but not everyone sees it."

- Confucious

1/6
* #Gratitude*
I keep a "memory jar" for each year wherein I write in brief the best moments of my life & lessons learnt. Even a small event which taught me something goes in it .
I strongly believe in " No regrets, only lessons learnt ".
( That's handpainted by me! :) )
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2/6
Occasionally when I have a rough day or when I am elated , I go through the chits one by one savouring the lessons learnt . It keeps me grounded. Makes me realise I am blessed to have had so many #memories & grown as a person and that life is beautiful !! 😇
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3/6
Things that happen to us, just happen. It is we who perceive it to be good or bad as per our emotions at play. It is then that practising gratitude becomes of utmost importance for we need to realign our thoughts towards #positivity& #contentment & steer away from negativity.

4/6
Life can be cruel but it is also beautiful if we learn to be thankful.
Are we thankful for the hot food on our plate ? Did we realise we can see the beauty of nature only due to the gift of vision bestowed upon us? Are we thankful each day for having a sound mind?

5/6
Let's stop complaining about all that we don't have and instead focus on all that we are fortunate to have !! For no matter how difficult our life seems for us , let's remember there will ALWAYS be someone who would gladly switch places with us and live our life happily!

https://t.co/WL7mSodjp1

You've heard of Moore's and Murphy's Law.

But did you know there are dozens of other laws that can help you better navigate life, business, relationships?

Here are 20+ powerful laws you should know:

Note:

Some of these laws are better known as principles, effects, or razors, but for the sake of simplicity, I call them all laws.

Now let's dive in!

Amara's Law:

• We overestimate technology in the short run and underestimate it in the long run.

Never forget how fast tech moves.

The first cellphone was a foot tall and could only make calls.

An iPhone today fits in your pocket and can do everything a laptop can do.

Alder's Law:

• If something cannot be settled by experiment then it is not worthy of debate.

Don't waste your time arguing if Jordan was better than LeBron or any other similar hypothetical situation that can't be tested.

There are a million better ways to spend your time.

Acton's Law:

• Power corrupts and absolute power corrupts absolutely.

Be prepared for people to change once they get a new position.

When someone becomes powerful, you'll find out their true colors and discover if they're actually a good person or were just pretending.

Saturday Motivation:-