The Millionaire Mindset

116

Today

is a

GreaT

d ay

Millionaire

Wake up! That’s not true. It’s only an excuse to indulge your undisciplined

“I can’t wait for anything” mindset. If that’s the way you live your life, by refusing to put the

investment phase BEFORE the reward phase, then I pity you. Life will be hard indeed!

we buy things we don’t need.

with money we don’t have.

To impress people we don’t like.

Anonymous

“If your pattern is to spend everything you get,” says Kiyosaki, “an increase

in cash will just result in an increase in spending. Thus, the saying, ‘A fool and his

money is one big party.’ “ You’ve got to read his book Rich Dad, Poor Dad.

All this reflects Covey’s personality ethic. “Look at me, I’m important.” You

aren’t important because you qualified for a loan! You are not somebody special because

you have The Platinum Card. It just means that you qualified to get credit.

That’s not wealth, it’s debt. It’s fake. It’s superficial. You don’t need the pressure.

“The problem with money

is that it makes you do things you don’t want to do.”

The Movie: Wall Street

How to win the war on debt

sTraTeGy 4-15:

Get the right attitude about debt.

Getting your debt in line is an

attitude before it is an action. You must

see debt for what it is. It’s a trap! Plain and

simple, it’s a nice technique to kill your future,

ruin your health and ruin your marriage. It’s

bondage.

You must come to despise it.^33 It’s

too alluring otherwise. It’s intoxicating. I

remember once going in for a simple $20,000

loan. I left the bank with $70,000. I got sucked into the trap. I grew up in poverty. Getting

credit was next to impossible when we were kids, but when I applied for the $20,000 loan,

my income was sky high. The bank gave me the loan, gave me a $20,000 limit credit card

and a $30,000 line of credit. I was flabbergasted.

“If you find yourself

in a hole...stop

digging”

Robert T. Kiyosaki