“To each there comes in their lifetime a special moment when they are figuratively tapped on the shoulder and offered the chance to do a very special thing, unique to them and fitted to their talents. What a tragedy if that moment finds them unprepared or unqualified for that which could have been their finest hour.” ~ Sir Winston Churchill
I think more than anything else this book served as a firm reminder that the more time you spend on your education and, in this case, your financial education, the more financially independent you’ll be able to be. In other words, you become what you study.
One of the major topics in the book is that too many people get stuck in a rat race where they go to school to find a safe, reliable job, with a lot of benefits and promotional structure, take that type of job, save their money little by little, pay their bills and expenses first, and then spend what they have left over last, only to repeat the same cycle for the rest of their working lives… ultimately never allowing them to get ahead or become financially independent.
The real measure of your wealth is how much you’d be worth if you lost all your money.
“The will to win, the desire to succeed, the urge to reach your full potential… these are the keys that will unlock the door to personal excellence.” ~ Confucius
“I’ve got a theory that if you give 100% all of the time, somehow things will work out in the end.” ~ Larry Bird
“It’s okay to be sad when you mess up, but don’t dwell for too long. The mistake has already been made, and you can’t erase the fact that it happened. You can either learn from it or mope about it. The choice is yours, but remember, we are only human; we were born to make mistakes. Simply put, if you have never made a mistake in your life, then that means that you have never taken a risk. Taking risks means that you go outside of your comfort zone – that you go outside of your boundaries. The most successful people are the ones who are not afraid to give it their all and possibly humiliate themselves greatly in front of others. It’s like that one saying, ‘The person who asks a question is a fool for five minutes, but the person who never asks and remains silent is a fool forever.’ You choose the way you want to live your life.” ~ Cynthia Amy Tang
“Never let success get in your head, or failure get into your heart.” ~ Unknown
“All successful people learn that success is buried on the other side of frustration. Unfortunately, some people don’t get to the other side… They allow frustration to keep them from taking the necessary actions that would support them in achieving their desire. You get through this roadblock by plowing through frustration, taking each setback as feedback you can learn from, and pushing ahead.” ~ Anthony Robbins
“Money doesn’t change you; it reveals who you are when you no longer have to be nice.” ~ Timothy Ferriss, The 4-Hour Workweek
“…The final secret is that there is no secret. Devote yourself to your leader. Work hard. Be grateful. Act boldly. Some may deride such suggestions as commonplace, and they’d be right: They are common. But to see them successfully enacted in this world is rare indeed.” ~ Toyotomi Hideyoshi, The Swordless Samurai
“The body does not want you to do this. As you run, it tells you to stop but the mind must be strong. You always go too far for your body. You must handle the pain with strategy… It is not age; it is not diet. It is the will to succeed.” ~ Jacqueline Gareau, 1980 Boston Marathon Champ
…And why you should stick-to-it and keep moving forward, even when the moving forward gets tough!
“Success is about having, excellence is about being. Success is about having money and fame, but excellence is being the best you can be” ~ Mike Ditka