[SERIES] 1/7 Unpopular Belief: You Should Get Rich
[SERIES] 1/7 Unpopular Belief: You Should Get Rich
By chris danilo on Dec 26, 2018 05:00 am
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I light of the new year, let’s do something new.
This week, let’s do a 7 part series of posts.
This series will be on 7 Unpopular But Powerful Beliefs.
Some of these I’ve stolen from others. Some of these I’ve developed myself.
This post is about getting rich.
You should get rich!
And use those resources to help people.
The truth is that you can’t help anyone if you’re broke.
Just to be clear, being rich means that you have abundant resources. Specifically, I’m talking about money or a money-generating asset.
Getting rich means owning as little “stuff” as possible.
I think you know what I mean by “stuff.” I mean depreciating assets. Things that take up space and get less valuable over time.
Owning rental properties or stocks that yield dividends are good examples of things that put money in your pocket, making them worthwhile to maintain or invest in.
Getting rich means being expensive.
Money is a great, non-biased way to measure value. If you’re expensive, you’re doing something that the market is deeming as valuable! We’ll talk more about this one in the next post.
Getting rich means you can be generous.
When it comes down to it, money is a lot like oxygen. Without it, it’s difficult to survive–as a person or a business. I’m not talking about what’s right or wrong or what should or shouldn’t be. I’m just talking about the way it is.
If you can provide oxygen to people who need it, you can change lives and improve the planet.
2 Minute Action
Take 2 minutes to do one of the following:
Lookup a high-dividend index fund and make your first deposit.
Call a friend in real estate and ask them what it would take to get into the rental market
Look around 1 room in your house and pick 3 things that are taking up space without adding any value to your life. Donate them.
Raise your consulting fee, rent, subscription rate, or whatever it is you do for money.
The post [SERIES] 1/7 Unpopular Belief: You Should Get Rich appeared first on Chris Danilo.
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