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After I Read 40 Books on Money - Here's What Will Make You Rich 

TommyBryson
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I have about 114 books just on audible and most of them I’ve read more than 2 times, and in my physical library that you see back here I have a few books also. The point is I’ve read a lot of books on money. The question is does that make a difference, the answer is yes it does.
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1. Your Money or Your Life
- Money is Time, it's your life energy
- Work is not who you are, it's what you do to get paid ( that’s it )
2. The richest Man in Babylon
- Live on less than you make
- That sounds bad doesn’t it, but the less you need the freer you can be
3. Man of the House
- Build a Home, a real one
- This book got me thinking about the reliance we have on everything
- We don’t know how to fix anything around the house, don’t know how to grow food and our families are absent because we have exported everything ( in exchange for making money to pay for those things )
Actions:
- It got me thinking instead of buying a fancy house for in a nice location with neighbors
- Buy some land, and build a house, and have some animals and learn some skills
- Imagine that a life where you can raise your children and educate them and grow your own food and your home is not just where you sleep
Tip: Homeschool is effectively better for kids, public schools and private schools are just more efficient for teaching groups. Think about 1 teacher for 20 kids or 1 mom and dad for their family, with one on one time
4. The Little Book about Common Sense Investing
- This book taught me that simplicity is key
- I took the book a little further than its idea of simplicity as I learned more about investing
In investing you need conviction to stick to a plan for the long run
- I started out with a lot of investments
- Trying to pick out stocks
- Then I learned that unless I want to be a full-time investor, the best I can do is just do index funds
- And then I learned that I don’t need to diversify into a bunch of index funds
- I only invest in the S&P 500 ( I want to be able to take 5% of my 10% profit and live off that )
5. The Barefoot investor
- Most of these books have a step-by-step plan to get rich
- And most of them work
- But I don’t care for those honestly, I’m looking for nuggets that change lives
- And what changed my life, was that you will never get out of debt unless you choice to live without debt )
Simple right?
- I had credit cards , business loans, student loans and was planning on getting into a mortgage potentially
- When I made that choice to be debt-free, and to stop playing the game
- I closed everything, paid off everything, and never thought about getting into debt anymore
6. The phycology of money
- What it takes to build wealth is not what it takes to keep wealth
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*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I'm an Accountant but I'm not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.

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21 авг 2024

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Комментарии : 54   
@CharnettWarren
@CharnettWarren 4 месяца назад
Thanks for the continuous update! I'll be forever grateful to you Mrs Susan Marie Alessio, I really don't know how to appreciate you, you change my life and my family situation.❤
@JonBosworth-dc8no
@JonBosworth-dc8no 4 месяца назад
Same here all thanks to Miss Susan Marie Alessio, she has always been there to guide me through with detailed analysis and recommendations that I wouldn't have access to otherwise.
@WoolhouseCardish-cq7hc
@WoolhouseCardish-cq7hc 4 месяца назад
How please I'm pretty new and feel I have much to learn, I would appreciate if you show me how to go about it.?
@Rachelwilliams.
@Rachelwilliams. 4 месяца назад
Susan Marie Alessio is considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.
@PaulBuriak
@PaulBuriak 4 месяца назад
Wow I'm shocked you mentioned expert Mrs Susan Marie Alessio, when someone is straight forward and good at what she does best. People will always speak for them.
@frankalex7485
@frankalex7485 4 месяца назад
I have heard about her excellent trading expertise in CNBC news, guess she's more popular in United States.
@americanpride9733
@americanpride9733 2 месяца назад
3:34 remember you gotta use the actual take home wage, not gross
@thenaturalmermaid
@thenaturalmermaid 4 месяца назад
Thank you for taking the time out to do this!
@KC_Triumphs
@KC_Triumphs 4 месяца назад
Another great book is called The Psychology Of Money By Morgan Housel very good read
@lensflare336
@lensflare336 4 месяца назад
That was the last book on his list.
@rion246
@rion246 4 месяца назад
Top best apps ? including budget,Roth ira ,mobile bank? Apps like Every dollar
@carlosmena8367
@carlosmena8367 3 месяца назад
Thank you Tommy! Very important information.
@melissagrant9823
@melissagrant9823 4 месяца назад
Good day sir I'm curious about medical health for expats in the DR. Could you do a video on that?
@Luinnycorp
@Luinnycorp 4 месяца назад
Tommy is there a way you can help me get a remote job ?
@annaahmed2564
@annaahmed2564 4 месяца назад
Great man with great idea loved thanks for sharing bro keep it up good work.
@logankue9627
@logankue9627 4 месяца назад
I really only need about 5K a month, probably less than that.
@malissawhite4569
@malissawhite4569 4 месяца назад
WHY not just study the Holy Bible scriptures on finances to say money to give to those around you who need assistance?
@jzurita6186
@jzurita6186 4 месяца назад
There's newer aspects to money that aren't spoken about in the Bible. So he can read the Bible AND newer finance books. The principles in the Bible will still apply today, but the newer books will have the details you'll need
@reedthekiddo
@reedthekiddo 4 месяца назад
Jesus is the answer bro 🙏🫂 not books on money
@thenaturalmermaid
@thenaturalmermaid 4 месяца назад
Knowledge is still power.. reading is fundamental. Self improvement isn’t a bad thing..
@reedthekiddo
@reedthekiddo 4 месяца назад
Yes this is true but without Jesus included in it what eternal value does it have
@reedthekiddo
@reedthekiddo 4 месяца назад
For it says in Matthew 16:26 and what do you benefit if you gain the whole world but lose your own soul?
@thenaturalmermaid
@thenaturalmermaid 4 месяца назад
@@reedthekiddo we still have to survive and enjoy life while here.. as long as we aren’t hurting anyone or being greedy. Having money allows for philanthropy and humanitarian work as well. Don’t look at it so negatively.
@truthhertz7
@truthhertz7 4 месяца назад
I hope Jesus can pay ya bills
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