Making Money Online Digest

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Digest #9

December 24, 2019

7 Books You Must Read To Exponentially Increase Your Chances To Become Rich

A large majority of people are looking to get rich. Since you are reading this story, I deduce that you are one of those people just like me. So I’m going to ask you a simple question:

Do you have a well-defined financial strategy for getting rich?

I imagine that you find it very difficult to answer this question positively and to be able to detail in a few lines what your financial strategy is.

In fact, you read books or articles about money and investments but you have never bothered to establish a real financial plan for your future.

You should know that to become rich, you will need to define a clear plan first. In order to help you in this first step, I am going to recommend 7 books that you must read.

These books will exponentially increase your chances of becoming rich by helping you understand money, how to make money and especially how to manage it in the best way possible.

Passion Is The Driving Force That Will Take You Forward

Moving forward in life is not always easy. We all have bad days when morale is not good.

I myself have days from time to time like this where nothing seems to be going right. You must have ambitious goals just like me, but when everything goes wrong, sometimes you feel discouraged or lost.

First of all, I will reassure you on a crucial point:

Having bad days when morale is at its lowest is something completely natural. Everyone goes through this even the most admired successful people.

The real difference is how you will react to these bad days in your life. Will you be able to bounce even harder to get back full of energy the next day? Or are you going to let yourself be defeated when morale is not there?

You have understood that you must choose to react and bounce back to get back on track as quickly as possible. To do this, there is nothing better than having a passion for what you do. It is simply the greatest force that can push you forward.

The 4 Pillars Of Warren Buffett When Investing

Warren Buffett is now known to all as one of the greatest investors of all time. He has had such consistent success over the past 60 years that his success cannot be attributed to any chance. Warren Buffett has succeeded in building a true financial empire by always remaining true to his values and in particular investing in a way that takes into account the intrinsic value of companies. In this sense, he has always followed the doctrine of the economist Benjamin Graham, which he has always held in high esteem.

Its success has earned him the nickname of “Oracle of Omaha”. Most investors are fascinated by his phenomenal success and are therefore looking to get the most out of Warren Buffett while he is here on Earth. While Warren Buffett has distilled a significant number of advice throughout his career, I have chosen to focus on his 4 investment pillars in order to present them to you in detail.

Should You Be Looking To Become Rich Absolutely?

I spend a lot of time reading. It can be articles on Medium or books. This passion for reading also leads me to read a lot of content and exchanges on sites like Reddit or Quora. My goal in this case is to find out what people think about many different and varied topics.

As I read the contents of these sites, I get more and more the impression that getting rich for retiring early at around 30 or 40 years of age is an absolute goal for many people. Of course, I understand that this makes some people fantasize, but deep down I wonder and I would like to ask you the following thing:

Should you be looking to become rich absolutely?

This question may surprise you if wealth and its conquest are obvious goals for you, but I ask you to give me your attention for a few more minutes.

“Your Money Or Your Life” — Vicki Robin and Joe Dominguez

People who get rich and manage to stay rich have a very special relationship to money. They have quickly realized that more money is not always better.

Exchanging your time for money all the time without setting a limit is detrimental to your vital energy. You work very hard for money but you have no end in mind.

The book “Your Money or Your Life” is important because it teaches you how to transform your relationship to money.
Getting more money shouldn’t come at the cost of your well-being and health.

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