In the book Secrets of the Millionaire Mindset, author T. Harv Eker shows readers the big difference between how millionaires think versus people with a poor mindset. Wealth starts in the mind, regardless of your circumstances your financial future will be more in line with your thoughts and actions. Many people start from humble beginnings to go on to create wealth while many rich children lose their inheritance by the third generation.
While a rich mindset doesn’t guarantee wealth, a poor mindset almost guarantees staying where you started in life. This book gives readers the psychology piece of the wealth puzzle, the next steps are adding financial education and doing the work needed systematically until success is achieved. The author creates a contrasting psychological mirror we can all look into.
What the chapters of the book are about:
1: Rich people believe “I create my life”. Poor people believe “Life happens to me”.
2: Rich people play the money game to win. Poor people play the money game to not lose.
3: Rich people are committed to being rich. Poor people want to be rich.
4: Rich people think big. Poor people think small.
5: Rich people focus on opportunities. Poor people focus on obstacles.
6: Rich people admire other rich & successful people. Poor people resent rich & successful people.
7: Rich people associate with positive, successful people. Poor people associate with negative or unsuccessful people.
8: Rich people are willing to promote themselves and their value. Poor people think negatively about selling and promotion.
9: Rich people are bigger than their problems. Poor people are smaller than their problems.
10: Rich people are excellent receivers. Poor people are poor receivers.
11: Rich people choose to get paid based on results. Poor people choose to get paid based on time.
12: Rich people think “both”. Poor people think “either/ or.”
13: Rich people focus on their net worth. Poor people focus on their working income.
14: Rich people manage their money well. Poor people mismanage their money well.
15: Rich people have their money work hard for them. Poor people work hard for their money.
16: Rich people act in spite of fear. Poor people let fear stop them.
17: Rich people constantly learn and grow. Poor people think they already know.