‘Easy Steps to Success with Money’

[Continued from “Money Lessons: The Game - Part 1.”]
Mistake No. 2: Don’t Have a Specific Financial Goal
To reach any big goal, you have to first commit to it in writing. The goal must include a specific dollar figure and a specific deadline. Why a specific dollar figure? That forces you […]

[Continued from “Money Lessons for Nice People: Self Test.”]
What you focus on is what you get. If you’re too nice, you probably haven’t focused much on getting rich. Instead you probably focused on helping other people. That’s good!
But all things in moderation. Even helping others—if it ultimately hurts […]

Why do nice people have such a hard time making and keeping money?
Is it as simple as we don’t charge enough for our services and products, don’t negotiate enough for raises, bonuses, and promotions, and give too much of our hard-earned money to family and friends?
Yes and no.
Yes, nice […]

Life is a Texas Hold ‘Em tournament. You may think you’re not playing, but you are. As long as you’re alive, you have the stack of chips that life gave you, plus or minus whatever you’ve managed to do with that original stack, and whatever pocket cards you get dealt by the dealer […]

[Continued from “How to Be a Billionaire in 10 Steps - Part 4.”]
10. STAY ON TOP OF YOUR GAME
Donald Trump (#314 of 2007 Forbes billionaires list and worth $2.9 billion) did something very few billionaires have ever accomplished. He made it to the top of the mountain of success, fell off, and landed all the […]

[Continued from “How to Be a Billionaire in 10 Steps - Part 3.”]
8. STAY FOCUSED
Focus is important to get to the top. But, it’s even more important to keep you there, once you get there.
Focus on what? On your big idea that you love and the public will love. Constantly keep […]

[Continued from “How to Be a Billionaire in 10 Steps - Part 2.”]
6. PEOPLE SKILLS
Self-made billionaires are not lazy. But they don’t try to do all the work themselves, either—unless they had to when they were just starting. They quickly sought and secured reliable help in the form of employees and contractors […]

[Continued from “How to Be a Billionaire in 10 Steps.”]
3. FAMILY AND FRIENDS
If you believe you can make it all on your own, without the help of others’ advice or assistance, you are sadly mistaken. It’s a noble thought, even heroic. But, no one makes it alone. The most successful ones […]

The most we used to dream about accumulating in terms of wealth was a million dollars. That figure was already too high for us to even imagine, so the thought of wanting more just made us feel bad about being so greedy. But wanting to make unimaginably huge amounts of money is actually […]

GREED v. DESIRE
What is the difference between greed and desire for riches?
“Greed” is wanting something that you do not deserve or did not work for, such as overcharging for a service or product or stealing someone else’s money.
“Desire” for riches is wanting a fair price for a great service or product […]