Financial Freedom Secrets Only Rich Know - Millionaires Next Door
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- Опубликовано: 13 май 2022
- Financial Freedom Secrets Only Rich Know - Millionaire Next Door Book Summary
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What do you imagine when you picture the lifestyle of the rich and the famous? Many of us are under the impression that millionaires are conspicuous consumers who purchase high-end designer items, and splash their cash with frivolous abandon.
The Millionaire Next Door, aims to dispel myths about the wealthier sector of society, and it reveals that many of us are misinformed about what it actually means to be rich. The authors studied the profiles of the rich, and provide critical insights into achieving financial independence.
There’s a popular saying about wealth; 'The first generation makes the money, the second generation builds on this, and then the third generation blows it.' Millionaires next door, tend to be happy with their lifestyle. They live within their means, always saving rather than spending.
One of the key ways to reach financial freedom, is to live below your means. One of the book’s research subjects, a qualified engineer, told the authors that she’s incredibly frugal. After college, she and her husband both got good jobs, but decided to live on one income and save the other. Every time they received a raise in salary, they saved more. She and her husband have lived in the same modest 1,900-square-foot home, for twenty years. She’s also instilling frugal values into her children. Who sometimes ask if they’re poor, because there are times their parents make them order from the $1 value menu.
Successful children from wealthy households tend not to get cash gifts from their parents. Their parents have also instilled the values of frugality, discipline, and independence. The idea is to teach your children how to invest well and to spend wisely.
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Sir aapke pass knowledge hai itna sir humari kuch help karo knowledge gain karne me sir maine aapko mail bhi kara tha aapne reply nhi kara sir please kuch toh option nikalo jisse koi begginer aapse baat karke apna plan bana sake ya knowledge gain kar sake.
Bro u said u don't take any kind of subscription plan and u are asking us to buy subscription 🤦♂️. Btw i love ur videos. ✌️
Kya yeh book hindi mein milegi?
plz make a video how to Analysis a Company ❤
Bhai pehle khud ka portfolio bata aur kitna invest kiya kitna kamaya tab public ko bhi interest ayega invest karne me : practical batao ge to acha rahega khali bolne se thodi hoga
Simple Leaving High Thinking 🤩🤩🤩
I am 12 years old and I can understand it
I started investing in mutual funds thx 💙 bro and age..... 15
How can this be possible? At the age of 15?
@@thewanderer673 magic'....
14:00 Structrual Advantage > Willpower.
Hi bro
@@subhankarimi7645 hello
Thank u for everything 🙏🏻
Thanks for the great information 😊😊😊😊😊
The very great lesson which you cannot try to ignor
Thanks for your valuable time
THANK YOU SO MUCH FOR THIS WONDERFUL INFORMATION.
Thanks for providing us Vlaueable knowledge
I will be become a millionaire in future thanku so much invest mindset♥️♥️
most valueable content in the world
Thank you !
Nice video, thank you
Thank you
Thank you my Friend. 😊
Video topic .Total guide to get financial independence
excellent clipping .god bless you
Please make a video on value investing, refering from 'Intelligent Investor' book. How to determine intrinsic value of a company?
Thank you🌹
Good stocks mae se best stocks ko kese differentiate kare, a new video on this brother :)
Your videos motivates to stay deciplined in the markets
Most knowledgeable video 🙏🙏🤗✌️👍
Next Topic should be on it some one losses his money in 40 years but want to start his investment for financial free......How would the procedure. Please .
Thanks
Very valuable video thank u
Very nice motivation 👍👍👍 sir
Thanks for Valuable Video Bro 👍👍👍 Please Make Video on entrepreneur 🔥
Superb...
Awesome Sir 🥰
This video is eye opener 😳
Sir app itna mindset karte ho peoples ka ...to app iske liye kitni mehant karte hinge
Thanks sir
Bro there is no luck only smartwork!!!
Thanks bro
Thanks sie
Upper circuit and lower circuit who to pick right right make full detail video I am waiting this topic👍👍🙏🙏🙏
please make a video on how to read company annual report and Ballance sheet
Thanks a ton yara
थैंक्स sir इतनी मेहनत करके फ्री में ज्ञान बांटने के लिए ❤ 07/04/2024
Great video
Amazing knowledge
Quality video
Ummid h hamesha ki tarah kuch sikhne ko milega
Tq bro
I want you to listen Audio book in your voice 😍
बहुत अच्छा
Very useful video
Excellent content
Good one
Current market crash how should we mamage our portfolio..
best video sir
Thanks sir ji 🙏🙏🙏🙏
Zeeshan Bhai, ki awaaj bahut achha lagta hai.
Informative video
Kise company ka share kharidne ke liye share holding jaruri h kya plz reply
Super video'
Any topic ...❣️❣️❣️
Amazing
Very good video brother
Sir ek video portfolio me kis stock me kitna waitage dena chahiye iske upar bana dijiye please
Her success stories are everywhere. How can i reach her?
Make video on metal models brother 👍👍
Hello sir please make a complete step by step course to achieve financial freedom ♥️
Next video sir
Rich log konse socialmidiya
Use karte he sir to ham unko
Follow kar sakte he, unse kuch
Niya shikh sakete he sir,
❤Thank you so much sir❤
Superb
Plz make one video on taxes and Tax filing with benefits
Mast video hai 😀😀
One of the best video 🇧🇩🇧🇩🇧🇩
I spent that 40 lacs as business purposes 😅🙂
Well done 👏
#entrepreneur
Bro if for business this is a assest
Not a liablity
1 no vidio Bhai 👍👍👍👍👍👍👍👍
Make video on fundamental analyzation of us stocks , like apple , coca cola etc. Please 🙏🙏
Bhai make video on magic formula by joel greenbelt and how to use it indian market
Kindly review the nifty, sensex and make a video
*NICE VIDEO*
Bro make video on FIRED strategy please you are the best ever
Bro how do you create videos
Sir ek option treding pr video bna plzzzzzz
Sir please fundamental analysis par puri video banao aur iski playlist banao please
Sir mane Reliance industries ka share kharida hain oo abhi dividend pay nahi kar rahi hai kya ooo bad main dividend pay karega ........ sir please reply my question ❓
Request you to make a video on Small Cases could you do it
kindly suggests some stocks
Please make a video how to valuation any company
Sir Kya analytics ke Leya Screeners sahi hai yah ticker tape sahi hai please make a separate video or sir analysis ko live ek ek chiz bariki se ticket tape yah phir screener pe dikhaw na yar 1 ghanta lagega to 1 ghante ka video v pura dekhunga yar baki kisi v youtuber ne separately nahi bataiyah or ek ek video dekhne bathunga to dhang se sab samajhmain nahi aata please make a video sir bohut help hoga
Sir face reveal karoge kab...? 😍
Bhaya muje bhi sikna hai
Investing & pawer of compounding 💫
Nice
Great learnings Bro, where to meet you
Aapki videos ke liye kafi wait karna padta hai please weekly 1 video upload kiya kijiye.
Yes
pls make an video for financial management in age of 40
Aapke video ka intejaar rahta hai
Brother please make a video on BUCKETING STRATEGY 🙏
Kya captial expenditure increase kar ne se ROCE Kam hota hai?
Bro which software you use for animation
Jay gurudev 🙏
Bhai FIRED strategy pe detailed video bana do plz aur dividend stocks bhi discuss kro plz
Make a video on how to read annual reports
Dividend investing pe video banaiye sirji
Options trading shi h ya Galt plz sir video bnao ek