Somebody just shared this with us, which I REALLY feel is applicable to my present dire state. Huhu. So now I'm sharing these rules to everyone (forgive me if it's too long). They're theorized by Richard Templar in his book of the same title.
Thinking Wealthy
1. Anybody can make money - it isn't selective or discriminatory
2. Decide on your definition of wealth
3. Set your objectives
4. Keep it under your hat
5. Most people are too lazy to be wealthy --- (ako yata, 'to)
6. Understand your money beliefs and where they come from
7. Understand that wealth is a consequence, not a reward
8. See wealth as a friend, not the enemy
9. Decide what you want money for
10. Understand that money begets money
11. If you see money as the solution you'll find it becomes the problem
12. You can make lots of money, you can enjoy your job, and you can sleep nights
13. Don't make money by being bad
14. Money and happiness - understand their relationship
15. Know the difference between price and value
16. Know how the wealthy think
17. Don't envy what others have
18. It's harder to manage yourself than it is to manage your money
Getting Wealthy
19. You've got to know where you are before you start
20. You've got to have a plan
21. Get your finances under control
22. Only by looking wealthy can you become wealthy
23. Speculate to accumulate (no, this isn't gambling)
24. Decide your attitude to risk
25. If you don't trust someone, don't do business with them
26. It's never too late to start getting wealthy
27. Start saving young (or teach your kids this one if it's too late for you)
28. Understand that your financial needs change at different stages of your life
29. You have to work hard to get rich enough not to have to work hard
30. Learn the art of deal making
31. Learn the art of negotiating
32. Small economies won't make you wealthy but they will make you miserable
33. Understand that working for others won't necessarily make you rich - but it might
34. Don't waste time procrastinating - make money decisions quickly
35. Work as if you didn't need the money
36. Spend less than you earn
37. Don't borrow money - unless you really, really have to
38. Consider consolidating debts
39. Cultivate a skill and it'll repay you over and over again
40. Pay off your loans and debts as a priority
41. Don't be too busy earning a living to make some money
42. Save in big chunks - or should you?
43. Don't rent, buy
44. Understand what investing really means
45. Build a bit of capital then invest it wisely
46. Understand that property, in the long run, will not outpace shares
47. Master the art of selling
48. Don't believe you can always win
49. Understand how the stock market really works
50. Only buy shares (or anything) you can understand
51. By all means, use the investment professionals
52. If you're going to get financial advice, pay for it
53. Don't fiddle
54. Think long term
55. Have a set time of day to work on your wealth strategy
56. Pay attention to detail
57. Create new income streams
58. Learn to play 'What if?'
59. Control spending impulses
60. Don't answer ads that promise get-rich-quick-schemes - it won't be you who gets rich quick 61. There are no secrets
62. Don't just read this - do something
Get Even Wealthier
63. Carry out a finance health check regularly
64. Get some money mentors
65. Play your hunches
66. Don't sit back
67. Get someone to do the stuff you can't
68. Know yourself - solo, duet or team player
69. Look for the hidden asset/opportunity
70. Don't try to get rich too quickly
71. Always ask what's in it for them
72. Make your money work for you
73. Know when to let go of investments
74. Don't chase bad luck runs
75. Know why you should be able to read a balance sheet - and how
76. Be one step ahead of your tax collector
77. Learn how to make your assets work for you
78. Don't ever believe you're only worth what you are being paid ---- (yes!!!)
79. Don't follow the same route as everyone else
Staying Wealthy
80. Shop for quality
81. Check the small print
82. Don't spend it before you've got it
83. Put something aside for your old age - no, more than that!
84. Put something aside for emergencies/rainy days - the contingency fund
85. You paid what for it? How to shop around
86. Never borrow money from friends or family (but you can allow them to invest)
87. Don't surrender equity
88. Know when to stop
Sharing Your Wealth
89. Use your wealth wisely
90. Never lend money to friends or family unless you are prepared to write it off
91. Don't lend, take equities
92. You really, really can't take it with you
93. Know when/how to say no - and yes
94. Find ways to give people money without them feeling they are in your debt
95. Don't over-protect your children from the valuable experience of poverty
96. Know how to choose charities/good causes
97. Spend your own money because no one will spend it as wisely as you
98. Take responsibility before you take advice
99. Once you've got it, don't flaunt it
100. Realize the giving is really better than receiving
Thinking Wealthy
1. Anybody can make money - it isn't selective or discriminatory
2. Decide on your definition of wealth
3. Set your objectives
4. Keep it under your hat
5. Most people are too lazy to be wealthy --- (ako yata, 'to)
6. Understand your money beliefs and where they come from
7. Understand that wealth is a consequence, not a reward
8. See wealth as a friend, not the enemy
9. Decide what you want money for
10. Understand that money begets money
11. If you see money as the solution you'll find it becomes the problem
12. You can make lots of money, you can enjoy your job, and you can sleep nights
13. Don't make money by being bad
14. Money and happiness - understand their relationship
15. Know the difference between price and value
16. Know how the wealthy think
17. Don't envy what others have
18. It's harder to manage yourself than it is to manage your money
Getting Wealthy
19. You've got to know where you are before you start
20. You've got to have a plan
21. Get your finances under control
22. Only by looking wealthy can you become wealthy
23. Speculate to accumulate (no, this isn't gambling)
24. Decide your attitude to risk
25. If you don't trust someone, don't do business with them
26. It's never too late to start getting wealthy
27. Start saving young (or teach your kids this one if it's too late for you)
28. Understand that your financial needs change at different stages of your life
29. You have to work hard to get rich enough not to have to work hard
30. Learn the art of deal making
31. Learn the art of negotiating
32. Small economies won't make you wealthy but they will make you miserable
33. Understand that working for others won't necessarily make you rich - but it might
34. Don't waste time procrastinating - make money decisions quickly
35. Work as if you didn't need the money
36. Spend less than you earn
37. Don't borrow money - unless you really, really have to
38. Consider consolidating debts
39. Cultivate a skill and it'll repay you over and over again
40. Pay off your loans and debts as a priority
41. Don't be too busy earning a living to make some money
42. Save in big chunks - or should you?
43. Don't rent, buy
44. Understand what investing really means
45. Build a bit of capital then invest it wisely
46. Understand that property, in the long run, will not outpace shares
47. Master the art of selling
48. Don't believe you can always win
49. Understand how the stock market really works
50. Only buy shares (or anything) you can understand
51. By all means, use the investment professionals
52. If you're going to get financial advice, pay for it
53. Don't fiddle
54. Think long term
55. Have a set time of day to work on your wealth strategy
56. Pay attention to detail
57. Create new income streams
58. Learn to play 'What if?'
59. Control spending impulses
60. Don't answer ads that promise get-rich-quick-schemes - it won't be you who gets rich quick 61. There are no secrets
62. Don't just read this - do something
Get Even Wealthier
63. Carry out a finance health check regularly
64. Get some money mentors
65. Play your hunches
66. Don't sit back
67. Get someone to do the stuff you can't
68. Know yourself - solo, duet or team player
69. Look for the hidden asset/opportunity
70. Don't try to get rich too quickly
71. Always ask what's in it for them
72. Make your money work for you
73. Know when to let go of investments
74. Don't chase bad luck runs
75. Know why you should be able to read a balance sheet - and how
76. Be one step ahead of your tax collector
77. Learn how to make your assets work for you
78. Don't ever believe you're only worth what you are being paid ---- (yes!!!)
79. Don't follow the same route as everyone else
Staying Wealthy
80. Shop for quality
81. Check the small print
82. Don't spend it before you've got it
83. Put something aside for your old age - no, more than that!
84. Put something aside for emergencies/rainy days - the contingency fund
85. You paid what for it? How to shop around
86. Never borrow money from friends or family (but you can allow them to invest)
87. Don't surrender equity
88. Know when to stop
Sharing Your Wealth
89. Use your wealth wisely
90. Never lend money to friends or family unless you are prepared to write it off
91. Don't lend, take equities
92. You really, really can't take it with you
93. Know when/how to say no - and yes
94. Find ways to give people money without them feeling they are in your debt
95. Don't over-protect your children from the valuable experience of poverty
96. Know how to choose charities/good causes
97. Spend your own money because no one will spend it as wisely as you
98. Take responsibility before you take advice
99. Once you've got it, don't flaunt it
100. Realize the giving is really better than receiving
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