MIND-BLOWING TRUTHS ABOUT MONEY MOST PEOPLE DON’T WANT TO ACCEPT

1. It’s better to take advantage of time than timing. You may not be able to predict what will happen in any market tomorrow. But prepare yourself to take advantage of any situation in the market.  

2. Millionaires are not privileged; they have only been more skilled. Most millionaires come from the lower-middle class. Believing that rich people have been privileged is an excuse to lazy and refuse to learn and work. The difference between millionaires and those who are not is that millionaires develop more skills and know how to take advantage of any situation to make money.  

3. The easiest way to wealth is saving and investing. Many people believe that it is necessary to have a successful company or create a new entrepreneurial idea. However, most of the wealth that millionaires have comes from savings and investments.

4. You need to make more, not just spend less. There is a limit to how much you can cut back on your expenses but there is no limit to how much you can earn. In fact, as you cut back on spending, it gets increasingly harder, but as you earn more, it gets increasingly easier.

5. You don’t need personal development habits to earn money. Making money does not depend on your routine. But you need personal development habits to keep money.

6. Passive income is the “best” way to be rich. It is not by winning jackpot nor lottery. 

7. It is not too late to work on what you like. Anyone who tells you that the market is saturated does not want competition or does not want you to earn money. No market is saturated if you are the best at what you do.  

8. Only 1% of self-made millionaires got rich before age 40. The rest got rich at the older age. So, believing that your life ends at 30 or 40 and trying to overwork and take dangerous risk to get rich quickly is just a waste of your youth.

9. Working hard alone won’t get you anywhere. Just working hard by itself will exhaust you and shorten your lifespan without any benefits to you. You have to know where to put your efforts and have the knowledge to do it well.

10. “Free-time” is useless if you don’t have enough money. So, don’t waste your most productive moments by wanting to live a life that you still cannot afford. 

11. The life of most rich people can be naturally confusing. Every rich person is known after they have become rich and not before. Then people tend to observe them to emulate what they do as rich people. But what most rich people are doing when they are rich, are not what made them rich. So, you are copying the wrong thing.