Rockefeller Rules!

Key Takeaways

  • Saving before you spend, using other people’s money wisely, and making compound interest work in your favor will give you a big leg up in your financial life.
  • Staying well-informed about taxes and applying time and discipline to investment management will keep you on the right track toward building wealth.
  • Saving 20 percent of what you earn is a great lifelong wealth-building discipline to have.

5 Top Retirement Regrets

Key Takeaways

  • You want to be prepared for your retirement, not side-lined by it.
  • There are 5 top regrets people have when they enter retirement, and they are all things that can be avoided with some thoughtful planning and preparation.
  • A great pre-retirement resource to read is Younger Next Year by Chris Crowley and Henry Lodge.

The 5 Principles of Financial Grit

 

Key Takeaways

  • When it comes to success in life, research shows that grit is even more important than talent or intelligence.
  • People with financial grit have a clear understanding of the value they deliver to those who pay them.
  • Financially gritty people also commit to lifelong learning, bounce back from money setbacks, always focus on their ultimate purpose, and make tough decisions.

6 Needs That Won’t Change

Key Takeaways

  • According to Tony Robbins, there are 6 deep human needs that do not change.
  • These 6 needs can apply to money and how we use it and operate with it throughout our lives.
  • Money is a tool that has the potential to help us balance between our fears and our wants.