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Any good book changes you. Their is a saying that rich people read an average of 60 books a year while the average person reads half a book a year tells you something. Books, in my opinion, is the one of the best investments you can ever make. Books costs around $5-$100 and can be worth millions. The best investment you can ever make is an investment for yourself. When and how I find time to read books One of the most common problems I see with reading a book is the time it requires to sit down and read....

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Passive income is my ultimate financial goal. Here is why: Passive income is a stream of money flowing to you, without you doing anything. It is like winning the $1000 a day for life lottery. How great would that be? I first got enlightened by this by reading the Smart passive income blog by Pat Flynn and then reading the 4 Hour Work Week by Tim Ferris. It expanded my mind into what was possible so let me share what I learned from it. What is passive income Passive income is ideally an income stream in which you don't have...

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So I've been looking into how money works and the value of money recently. If I want to accumulate money, I think it is important to understand it better. Here are a few things of what I learned: U.S. Dollar does not comply with the gold standard Nixon in 1971 took the U.S. Dollar off of the gold standard. Basically, the dollar is no longer backed by gold. This allowed the U.S. to keep printing money to fix short term problems with our economy. So what is the U.S. Dollar backed by? The government says "Full faith and credit". So...

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Ideas are shit. An idea is the general guide to your business. That is all it is. An idea. Most people think that they have to think REALLY hard to create a million dollar idea that they failed to execute anything. I'm here to tell you that you don't need a million dollar idea to make a million dollars. You can create a million dollars from a mediocre idea with beautiful execution. So basically, ideas are shit. Despite what I just said, you still need one to start anything so to make your life easier, here are a few ways...

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It is common misconception that the rich get richer and the poor get poorer because you need money to make money. This is simply not true. Otherwise where do rags to riches stories come about? So here let me explain the power of equity. 3 types of equity There are fundamentally 3 types of equity that is similar to money. There are: Sweat equity Information equity Money equity What equity means basically, is an asset that holds value. You can use these to exchange for things, much like money. Sweat Equity Sweat equity is the asset of putting your energy...

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