Gracie J Owen
Bio
Stories (39)
Filter by community
Learn the good habits of the rich throughout their lives
The book "The Habits of the Rich" talks about the behavioural habits that rich people often have. The rich care about their health. 76% of them exercise more than 4 times a week. 75% of them don't eat at fast food restaurants.
By Gracie J Owen3 years ago in Lifehack
Robert Kiyosaki's Rich Dad Poor Dad (financial literacy condensed, recommended for collection) (3)
Lesson 8 Getting Started I have two mindsets and it is rare to be able to use more than one to analyse an issue or trend. Today I often ask myself, "What would Warren Buffett do about this? Or what would Peter Lynch have done?" The only way I could get into their deep thinking was to humbly read or listen to what they had to say. People who are proud and arrogant or fussy are often those who lack the confidence to take risks. The reason for this is that if you want to learn something new, then you have to make some mistakes in order to fully understand what you are learning.
By Gracie J Owen3 years ago in Trader
Robert Kiyosaki: You'll never make more money than you know
Robert Kiyosaki, a Japanese-American, has written a fabulous book on money thinking, Poor Dad Rich Dad. He came to Shanghai when the book was selling like crazy in the Western Hemisphere. Many people were willing to pay at least 30,000 RMB to hear him talk face to face about the logic of making money.
By Gracie J Owen3 years ago in Trader
Robert Kiyosaki's Rich Dad Poor Dad (financial literacy condensed, recommended for collection) (2)
Lesson 5: Investment for the Rich Today, I find many people working hard and struggling, largely because they remain entrenched in stereotypes. They want things to remain as they were before and they resist any change. Those who have lost their jobs or houses are always complaining about technological advances, about the poor state of the economy and about their bosses. Unfortunately, they don't realise that the problem is actually their own. Old-fashioned thinking is their biggest debt. The reason for this is simple: they don't realise that an existing idea or method that was an asset yesterday has become a liability today.
By Gracie J Owen3 years ago in Trader
Robert Kiyosaki's Rich Dad Poor Dad (financial literacy condensed, recommended for collection) (1)
Lesson 1: The rich do not work for money "If you give up, you will only be poor. The most important thing is that you have tried. Most people just boast and dream of becoming rich and wealthy, while you have already given action. I am so proud of you and I will say it again: keep trying and don't give up."
By Gracie J Owen3 years ago in Trader
A handy guide on how to progress from poor to rich
I often see people writing articles or books that teach us to spend a fraction of our monthly income on spending, a fraction on investing, a fraction on something or other. There are even, for many, people who keep a daily account in order to achieve this plan. I pay little attention to these figures because I have a set of principles in my head for the use of money. If you internalise these principles, you don't have to go through the trouble of dividing your income into smaller portions. Don't worry, you will have more money left over than you expected.
By Gracie J Owen3 years ago in Trader
Your time at work is only your responsibility
-1- Most people these days are in the habit of managing their money, and it is common to start by "saving" in order to accumulate your first bucket of money. Warren Buffett is an example of a very frugal person, but apart from "saving money", your biggest task is to make money. It is important not to spend money mindlessly, to develop the right habits and to learn the right values about money from life.
By Gracie J Owen3 years ago in Journal
