Sunday 10 March 2019

How to achieve financial freedom through 7 simple steps?

How to achieve financial freedom through 7 simple steps?

Tony Robbins is a philanthropist and #1 New York Times bestselling author. Based on his research and one-on-one interviews with more than 50 of the most legendary financial experts in the world-from Carl Icahn to Warren Buffett. Tony Robbins has created a simple 7-step blueprint that anyone can use for financial freedom. In his book "MONEY Master the Game: 7 Simple Steps to Financial Freedom", he discussed earning more, saving more, meeting the masters, investing the difference, reducing fee & taxes,getting better returns and speeding.

The final secret is to do it, enjoy it and share it. As Wiston Churchil said "We make a living by what we get. We make a life by what we give. This book is not only about money but also about life.

"MONEY Master the Game: 7 Simple Steps to Financial Freedom" is a worthy reading if you want to know more details of the 7 steps.

Thursday 7 March 2019

How to get rich by taking the express train?

How to get rich by taking the express train?

There are many ways to get rich. They are express trains and slow trains. There is a kind of express trains called lever. A lever amplifies an input force to provide a greater output force, which is said to provide leverage.

In our actual life, there are many examples of leverage.
1) Moving a large stone: Before the invention of mechanical tools, ancient people knew to use wooden sticks to shake a large stone by means of leverage.
2) Global travel: After the invention of the aircraft, people can use the help of the aircraft to move quickly and reach the other side of the earth.
3) Development of large projects: It is difficult for one person to develop a large project alone. If many people are hired, large projects can be developed.

To achieve financial freedom, there are also many levers that can be used, such as the following examples.
1) Credit loan: Generally only need to pay 20% down payment, you can have 100% control of a house.
2) Network leverage: Once you post a product's information at Internet, lots of people will be aware the product in a few seconds.
3) Options: You will have the right to buy or sell a stock through purchasing the option of the stock.


When using leverage, be sure to understand the risks. Once you can mitigate the risks, you will be able to get rich quickly.

The author of the following book retired at age 35. If you want to use leverage and retire early, this book is worthy reading.