Author(s): Richard Templar
Money - it makes the world go round. We all secretly believe that it can make us happy. After all, wouldn't it be great to have enough of it so you don't need to worry? Enough to buy that dream house, car, or simply enough so you don't have to think about what you're spending. So how do the wealthy get rich? Is it luck? Or do they know something we don't? Yes they do, they know The Rules of Wealth. Richard Templar is back and this time he will make you richer. In his inimitable wry style, he reveals the simple golden rules that create wealth and make it grow. Forget practical "how to reduce your weekly outgoings", forget "how to choose a mortgage". The "Rules of Wealth" delves deeper, analysing the behaviours, the mind-sets, the lifestyles, and the financial know-how to becoming richer, happier and more prosperous. Are you ready to discover the Rules to becoming a richer you?
International bestselling author, Richard Templar, is back and this time he will make you richer. "The Rules of Wealth" reveals the code - the behaviours, the mind-sets and the expectations - that will set you on your way to becoming richer, happier and more prosperous.
"an indispensable guide to the nature of money and personal finance" - The Times
Richard Templar is the author of the international bestselling Rules books. Over 2 million people around the world have enjoyed and now play by Richard Templar's Rules. The complete list of titles is as follows: Rules of Life, Rules of Work, Rules of Management, Rules of Wealth, Rules of Parenting and Rules of Love.
Acknowledgements Introduction Thinking Wealthy 1. Anybody can make money it isn't selective or discriminatory 2. Decide on your definition of wealth 3. Set your objectives 4. Keep it under your hat 5. Most people are too lazy to be wealthy 6. Understand your money beliefs and where they come from 7. Understand that wealth is a consequence, not a reward 8. See wealth as a friend, not the enemy 9. Decide what you want money for 10. Understand that money begets money 11. If you see money as the solution you'll find it becomes the problem 12. You can make lots of money, you can enjoy your job, and you can sleep nights 13. Don't make money by being bad 14. Money and happiness understand their relationship 15. Know the difference between price and value 16. Know how the wealthy think 17. Don't envy what others have 18. It's harder to manage yourself than it is to manage your money Getting Wealthy 19. You've got to know where you are before you start 20. You've got to have a plan 21. Get your finances under control 22. Only by looking wealthy can you become wealthy 23. Speculate to accumulate (no, this isn't gambling) 24. Decide your attitude to risk 25. If you don't trust someone, don't do business with them 26. It's never too late to start getting wealthy 27. Start saving young (or teach your kids this one if it's too late for you) 28. Understand that your financial needs change at different stages of your life 29. You have to work hard to get rich enough not to have to work hard 30. Learn the art of deal making 31. Learn the art of negotiating 32. Small economies won't make you wealthy but they will make you miserable 33. Understand that working for others won't necessarily make you rich but it might 34. Don't waste time procrastinating make money decisions quickly 35. Work as if you didn't need the money 36. Spend less than you earn 37. Don't borrow money unless you really, really have to 38. Consider consolidating debts 39. Cultivate a skill and it'll repay you over and over again 40. Pay off your loans and debts as a priority 41. Don't be too busy earning a living to make some money 42. Save in big chunks or should you? 43. Don't rent, buy 44. Understand what investing really means 45. Build a bit of capital then invest it wisely 46. Understand that property, in the long run, will not outpace shares 47. Master the art of selling 48. Don't believe you can always win 49. Understand how the stock market really works 50. Only buy shares (or anything) you can understand 51. By all means, use the investment professionals 52. If you're going to get financial advice, pay for it 53. Don't fiddle 54. Think long term 55. Have a set time of day to work on your wealth strategy 56. Pay attention to detail 57. Create new income streams 58. Learn to play What if?' 59. Control spending impulses 60. Don't answer ads that promise get-rich-quick-schemes it won't be you who gets rich quick 61. There are no secrets 62. Don't just read this do something Get Even Wealthier 63. Carry out a finance health check regularly 64. Get some money mentors 65. Play your hunches 66. Don't sit back 67. Get someone to do the stuff you can't 68. Know yourself solo, duet or team player 69. Look for the hidden asset/opportunity 70. Don't try to get rich too quickly 71. Always ask what's in it for them 72. Make your money work for you 73. Know when to let go of investments 74. Don't chase bad luck runs 75. Know why you should be able to read a balance sheet and how 76. Be one step ahead of your tax collector 77. Learn how to make your assets work for you 78. Don't ever believe you're only worth what you are being paid 79. Don't follow the same route as everyone else Staying Wealthy 80. Shop for quality 81. Check the small print 82. Don't spend it before you've got it 83. Put something aside for your old age no, more than that! 84. Put something aside for emergencies/rainy days the contingency fund 85. You paid what for it? How to shop around 86. Never borrow money from friends or family (but you can allow them to invest) 87. Don't surrender equity 88. Know when to stop Sharing Your Wealth 89. Use your wealth wisely 90. Never lend money to friends or family unless you are prepared to write it off 91. Don't lend, take equities 92. You really, really can't take it with you 93. Know when/how to say no and yes 94. Find ways to give people money without them feeling they are in your debt 95. Don't over-protect your children from the valuable experience of poverty 96. Know how to choose charities/good causes 97. Spend your own money because no one will spend it as wisely as you 98. Take responsibility before you take advice 99. Once you've got it, don't flaunt it 100. What's next? Pacts with the devil?