Category: Rules of Life

How to get rich

Diamond Ring

It’s actually quite simple.

1. Earn more than you spend. This one is obvious. If you don’t earn very much – cut down on your spending.

2. Passive income. You need to make money when you sleep. The easiest form of passive income is money on a bank account that carries interest, but that’s a very passive income. The most effective (but also most difficult) form of passive income is to launch a business that can run by itself without your constant attention.

3. Time. It will take time. Accept this fact and the temptation of easy money will not be as strong.

That’s it.

Stay hungry. Stay foolish.

Man, I love this speech.

Read it here.

Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. If you haven’t found it yet, keep looking. Don’t settle. As with all matters of the heart, you’ll know when you find it. And, like any great relationship, it just gets better and better as the years roll on. So keep looking until you find it. Don’t settle.

Steve Jobs is a wise man.

The best you can do

The best you can do for yourself is to love your family, stay healthy and make a lot of money.

The best you can do for others is to spend the very same money.

Spend them on luxury.

Spend them on fun.

Spend them on traveling.

Or better yet, invest them in other peoples dreams so that someone else can love their family, stay healthy and make a lot of money too.

Just, please, don’t leave them in the bank where they will do no good.

Rules of life: live light

Some words I heard at the latest Bloggforum has stuck with me. A man was asked about the favourite books he owned. He answered saying that he prefers to live light, with basically nothing more than a suitcase. Being able to move without the hassle of bringing all his possessions was more important than collecting books.

So true.

Freedom is not being able to buy whatever you want.
Freedom is being able to do whatever you want.

In fact, the more you own, the less free you are. Possessions are inertia.

Live light. Be free.