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The Rich vs Poor Mindset: Which Mindset Do You Have In 2021?

January 2, 2021 by Marco Santarelli

Rich vs Poor Mindset

What is the difference between the rich vs poor mindset? How do the successful differ from the rest of us? So many people do not obtain financial freedom because they do not have one thing: the right mindset. Everything starts with how you think about money, wealth, and success. It is not a matter of luck, birth, or connections.

The biggest differences between rich and poor people can be traced back to mindset, outlook, and behavior. The rich and the poor don’t only differ in how much they have in their pocket, but also in how they think. Rich people have a way of thinking that is different from poor and middle-class people.

They think differently about money, wealth, themselves, other people, and life.  By doing so, you will have some alternative beliefs in your mind from which to choose. In this way, you can catch yourself thinking as poor people do and quickly switch over to how rich people think.

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Filed Under: Getting Started, Personal Development

Best Finance Books Of All Time That Can Make You A Millionaire In 2019

December 23, 2018 by Marco Santarelli

Books To Read To Get RichBest Finance Book Of All Time

Research shows that 88% of wealthy people devote at least 30 minutes a day to reading. If it works for them, it could work for you. For the majority of people, books are part of their everyday life. A book is like a best friend who will never walk away from you. You start out with that 15 to 20 minutes of reading every day, and the next thing you know you'll be doing an hour a day because you'll be so excited about all the information that you're learning.
Below, we've rounded up 12 best finance books. These are the best finance or money books of all time to help you get out of the rat race of debt and achieve the wealth that you truly deserve. These best get rich books of all time teach you that mastering your money has more to do with mindset and overcoming psychological barriers than anything else, and they teach you how to start thinking your way to success. A person is limited in what they can accomplish without good reading and comprehension skills. Anyone who wants to learn the art of money making and getting success must read these best finance books of all time.
[Read more…]

Filed Under: Book Reviews, Personal Development, Real Estate Investing

Why Boomers Will Continue to Struggle

March 7, 2018 by Marco Santarelli

Headlines such as this break my heart: “With $15 Left in the Bank, a Baby Boomer Makes Peace With Less.” But I predict that we’re going to see more and more like this in the coming months and years. That’s because the problems with retirement age people are bigger than anyone imagines.

This story is merely a collection of symptoms of the bigger problem. It’s the story of Kathleen Wolf, a woman trying to do the best she can. She has spent many decades living and working in Monterey, California. She built a very happy and prosperous life there. But with the subprime meltdown, her considerable wealth in real estate disappeared almost overnight. It didn’t take long for her bank balance to reflect that she had just $15.

[Read more…]

Filed Under: Getting Started, Personal Development, Real Estate Investing

Why Cheap People Will Never Get Rich

December 20, 2017 by Marco Santarelli

The other day a friend of mine approached me excitedly, saying, “I found the house of my dreams. It's in foreclosure and the bank will sell it to me for a great price.”

“How good is the price?” I asked.

“Just before the real estate market crashed, the seller was asking $780,000 for the property. Today, I can buy it from the bank for $215,000. What do you think?” she asked.

“How would I know?” I replied. “All you've given me is the price.”

“Yes!” she squealed. “Now my husband and I can afford it.”

“Only cheap people buy on price,” I replied. “Just because something is cheap doesn't mean it's worth the cost.”

[Read more…]

Filed Under: Getting Started, Personal Development, Real Estate Investing

Decide If You Want to Be Secure, Comfortable, or Rich

April 5, 2017 by Marco Santarelli

Before you can become rich, you must decide whether you want to be secure, comfortable, or rich.  These are called core values, or the reasons you want to invest.

The first reason most people invest is because they want to feel more secure.  That’s why Social Security or a retirement plan is very popular with people whose core value is the need for security.  Security is a very important aspect of investing.  You don’t want to be a destitute out on the streets with nobody taking care of you.

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Filed Under: General Real Estate, Getting Started, Personal Development, Real Estate Investing

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