You become financially free when your passive income exceeds your expenses.
T. HARV EKERMy definition of financial freedom is simple: it is the ability to live the lifestyle you desire without having to work or rely on anyone else for money.
More T. Harv Eker Quotes
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Rich people associate with positive, successful people. Poor people associate with negative or unsuccessful people.
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Whenever you feel uncomfortable, instead of retreating back into your old comfort zone, pat yourself on the back and say, “I must be growing,” and continue moving forward.
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“No thought lives in your head rent-free.” Each thought you have will either be an investment or a cost.
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Every master was once a disaster.
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Focus on all four of your net worth factors: increasing your income, increasing your savings, increasing your investment returns, and decreasing your cost of living by simplifying your lifestyle.
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Becoming rich isn’t as much about getting rich financially as about whom you become, in character and mind, to get rich. I want to share a secret with you that few people know: the fastest way to get rich and stay rich is to work on developing you!
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The biggest obstacle to wealth is fear. People are afraid to think big, but if you think small, you’ll only achieve small things.
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Rich people focus on what they want, while poor people focus on what they don’t want.
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Rich people believe “You can have your cake and eat it too.” Middle-class people believe “Cake is too rich, so I’ll only have a little piece.” Poor people don’t believe they deserve cake, so they order a doughnut, focus on the hole, and wonder why they have “nothing.”
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Make a decision that from now on, your thoughts do not run you, you run your thoughts. From now on, your mind is not the captain of your ship, you are the captain of the ship, and your mind works for you.
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The first rule of making progress in anything you do is setting goals, allowing yourself to always have a finish line in sight. This provides a boost in motivation during those moments when slogging forward seems impossible, giving you something tangible to work towards at every moment.
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Rich people are committed to enough to do whatever it takes. Period.
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In every forest, on every farm, in every orchard on earth, it’s what’s under the ground that creates what’s above the ground. That’s why placing your attention on the fruits that you have already grown is futile.
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Where attention goes, energy flows and results show.
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If you want to move to a new level in your life, you must break through your comfort zone and practice doing things that are not comfortable.
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