Personal Finance 101: Prosperity Essentials for Beginners | Parth Sawhney | Skillshare
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Personal Finance 101: Prosperity Essentials for Beginners

teacher avatar Parth Sawhney, Author and Success Mentor

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Taught by industry leaders & working professionals
Topics include illustration, design, photography, and more

Watch this class and thousands more

Get unlimited access to every class
Taught by industry leaders & working professionals
Topics include illustration, design, photography, and more

Lessons in This Class

    • 1.

      Introduction

      2:10

    • 2.

      Personal Finance Basics

      3:39

    • 3.

      Lesson 1: Striving for Mastery

      1:52

    • 4.

      Lesson 2: Baby Steps

      1:35

    • 5.

      Lesson 3: Going With the Flow of the Universe

      1:46

    • 6.

      Lesson 4: Get Your Thoughts Dialed In

      1:47

    • 7.

      Lesson 5: Simplify Your Approach

      1:43

    • 8.

      Lesson 6: Choosing Freedom Over Luxury

      1:16

    • 9.

      Lesson 7: Reprogram Your Mind

      1:53

    • 10.

      Lesson 8: Escape the Rat Race

      1:55

    • 11.

      Lesson 9: Get in the Fastlane

      1:43

    • 12.

      Lesson 10: What's Your Plan?

      1:27

    • 13.

      Lesson 11: Wisdom From Ancient Babylon

      1:58

    • 14.

      Lesson 12: Become a Deliberate Creator

      1:33

    • 15.

      Lesson 13: Make Handling Finances an Act of Love

      1:48

    • 16.

      Lesson 14: Become a Badass

      1:47

    • 17.

      Lesson 15: Automate Your Finances

      1:52

    • 18.

      Lesson 16: Develop Big Picture Thinking

      1:55

    • 19.

      Lesson 17: Become Unshakeable

      1:45

    • 20.

      Lesson 18: Raise Your Financial IQ

      2:03

    • 21.

      Lesson 19: Embrace Nobility

      1:55

    • 22.

      Lesson 20: How to Elevate Your Life

      1:51

    • 23.

      Lesson 21: Being Honest and Ethical

      1:48

    • 24.

      Thank You Message

      0:30

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About This Class

Start learning the prosperity and financial abundance essentials today!

The fundamentals of becoming financially independent will never change and that's why it’s crucial that we learn and practice them in our day-to-day life to advance forward both personally and professionally. 

In this course, the wisdom of renowned authors and thought leaders such as Napoleon Hill, Wallace D. Wattles, Thomas J. Stanley, Dave Ramsey, Tony Robbins, T. Harv Eker, David Bach, and Robert Kiyosaki has been distilled in a form that is easy to digest and consume.

The condensed timeless knowledge in these short yet impactful lessons will assist and guide you in navigating through the complexities that come with managing personal finances in the modern world.

In this course, you’ll learn how to:

  • Grow and preserve your personal finances.
  • Eliminate debt once and for all and become financially fit.
  • Master the core principles of personal finance management.
  • Develop an abundance mindset and incorporate the attitudes of prosperous people.
  • Implement ancient wisdom as well as modern tools and techniques to solve all your financial problems.

Meet Your Teacher

Teacher Profile Image

Parth Sawhney

Author and Success Mentor

Teacher

My name is Parth Sawhney. I'm an author, storyteller, and success and lifestyle mentor to high-achievers worldwide. I'm also the creator of several online publications on Substack, where I share ideas, insights, and resources related to personal development, philosophy, success mindset, and the human condition.

My goal is to create a meaningful impact via my work and help people all across the globe live extraordinary lives and become better versions of themselves.

Every lionheart needs a mentor. If you are ready to embark on the success journey, I'm here to be your companion, your guide on the side, to help you get further every single day.

For more self-education and personal growth resources, please visit my main website: parthsawhney.com.

See full profile

Level: All Levels

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Transcripts

1. Introduction: Hi, my name is Shani. I'm an ortho forecasts and success mentor to high achievers. For my writing, podcasts, courses, and other meaningful creations, I enjoy sharing life-changing ideas and insights related to personal development, philosophy, success, mindset, and the human condition. My recent books include The Daily Apple and driving and the new normal. I also created a course called stoicism one-on-one, not too long ago. For more information and other useful resources, check out my website, but tiny.com. In this course, I discussed life-changing ideas from the best resources on finances, money management and investing into simple and digestible lessons interested in exploring key principles of financial success. And we'll put you on the road to riches, are looking for ways to understand and manage money in Virgil and are wondering what ideas and strategies can help you achieve financial freedom for the long term in this class is for you. These sessions are for all levels and you don't need any prior knowledge to lose an experience before beginning the glass. In this course, you'll learn how to grow and preserve your person. Eliminate debt once and for all, and become financially thick. Master the principles of money management that would have a positive mindset and incorporate attitudes of rich and prosperous people. Implement ancient wisdom as well as modern tools and techniques to solve audio financial problems. I've included some exercises and writing prompts, accompanying PDF worksheets as with make sure that the lessons in this course stick. I encourage you to complete these exercises and write down your unfiltered ports in those days discussed. Let's get rolling right away. See you inside. 2. Personal Finance Basics: Choosing well, just for the sake of becoming welding as an EMT pursued. But that doesn't mean becoming rich as an egg noble desire. It's true that money isn't everything. It's true that we should make money our top priority. And it's true that money doesn't buy happiness, but this is a big bud. Money plays a crucial role in living and exceptional and meaningful life. An added score, money is nothing but a tool, a tool that helps you live and give. A tool that helps you not only survive but thrive when life throws a curve ball at you. A tool that helps you honor and nurture your interior empires. A tool that gives you freedom and choices. Tool that helps you embrace and stay in touch with the abundance, beauty, and excellence around you. Zig Ziglar once remarked, money isn't everything but at ranks right up there with oxygen. It's time to wrap up that old script that's keeping you poor and go to it. Some new unhealthy beliefs around money. Money is an instrument that magnifies what within you. It all depends on how you use it. You can use money either as a force of benevolence and virtue are a source of corruption and evil. Naive to put it in a box and call it either good or bad money. It's just money. If your purpose is to live a life. And Rachel with excellence, impact, growth, joy, inner peace and freedom, and money is essential. In the following lessons, I've extracted the knowledge and wisdom from the best resources on wealth, money management and the art and science of investing in a form that is easy to digest and congeal. The repetition of the priceless gems and core principles are well building and these meditation's is intentional. In order to help you learn and internalize them in a quicker way. I'm sure the condensed timeless knowledge in the short yet impactful lessons will assist and guide you and navigating through the complexities that come with managing closer finances in the modern world, the fundamentals to becoming rich and welding will never change. And that's why it's crucial that we learn and practice them in our day-to-day life to advance forward both personally and professionally. Financial success and freedom are inevitable when we choose to align our actions with these principles. As you go through these lessons, some patterns will emerge when internalized. They will guide you in your quest to become a truly wealthy person. Once you're done watching all the lessons and the scores, I would be grateful if you pay forward by recommending it to your loved ones. As I have discussed previously, cultivating a discipline to serve and contribute not only will help humanity, but it will add immense value, meaning and purpose in your life as well. Last but not the least, keep coming back to the scores whenever you get a chance. As Tony Robbins advice, repetition is the mother of skills. I'd be honored in this course ends up becoming your quick go-to resource for recalibrating to the wealth mindset as you go ahead on your journey. I hope you enjoy watching and learning from these lessons. As much as I've enjoyed writing and recording them. As always, wishing you excellent and everlasting success. 3. Lesson 1: Striving for Mastery: Working hard for money or is the money working hard for you? In order to achieve financial freedom, we need to take a step-by-step approach. Money, gun buyers, happiness Very can help us and living the life that we truly want to live and have our desired experiences. We need to become masters of money. We have to get ourselves in a position to instruct it where to go. And on the other way around, the best way is to educate ourselves. So that'd be making the right investments. We need to take calculated risks and protect the downside that we don't sabotage our financial security. Important thing is to make investments with trustworthy people. As money gives on compounding. Eventually, we can get a consistent flow of income and live a life without ever working again. Once our basic needs are fulfilled, we can spend the rest of our money to enhance the quality of our lives. And others. Dedication and discipline will lead us to financial freedom. We have to structure our lives in such a way so that we can save money for our futures, for our future sentence. Identify all the unnecessary expenses you have and redirect that money towards saving and investment. The process will be slow. We have to keep believing and believing in it serves as you face the financial storms. We need to be consistent without any sort of doubt or feel and have grown at pace or working out for us. 4. Lesson 2: Baby Steps: How do you read an elephant? One bite at a time. That's exactly how we can make sure we have financial security. And eventually financial freedom. Debt helps us fulfill in our current desires, where he robs us of our happiness in the future. When we use current card, we create the illusion that we have unlimited money and we can spell it freely without any inhibitions. Told us that they are like ligers that linked to us and keeps sucking the money out of our bank accounts without us noticing. Within buying stuff will make us happy. And our lifestyle demands to fill it with the people around us. But spending jealously as being childish and it can be detrimental to our mental and the financial head. As they Ramsay says, financial success, every person behavior and 20% head knowledge. Or it's important that we become aware of our reckless behaviors and keep them in check. Once we do that, we'll be able to give our finances. And dad. Today, they started with the seven baby steps to get you on the path to financial security. Stopped worrying about keeping up with the Joneses and make your own financial success your priority. It's never too late to start. 5. Lesson 3: Going With the Flow of the Universe: When we focus on a particular idea or thought, the foreign substance makes sure that it comes into material expression. This gong goes with what the great inventor Thomas Edison once said. Ideas come from space. We need to be able to see things first before they manifest in the physical reality. There's gonna happen by practicing visualization on a relative basis. If you see around the wheel of nature is growth and expansion. Hence, it is natural for us to want more. The desire to be really is a sign of progress and growth. It's a way for us to reach our previous expression and unlock our highest potential. Also, money helps us to have experiences at fascinated us and bring us joy. Becoming rich is the best way to make a difference in the world and inspire others. We need to educate ourselves by buying books and hence fulfilling our intellectual potential. We have to make the most of our natural talents and abilities. So I began add value to other people's lives. If our thoughts on this increases, let me go against the natural flow of the universe. When we get into a mindset of competition and deteriorates are created. Nature never complained about Latin, already. Know and make it a focus of your attention. The universe is abundant and we have an endless flow of the ridges that we won't graduate towards things that you already have, uses flow. 6. Lesson 4: Get Your Thoughts Dialed In : Burning desire. That is what we've Degas from VBR, where we want to be. Rejections, frustrations and failures will always come your way. But it is your attitude that'll dictate your success. Amount of money that you want to make. I'm started designing a roadmap and take you there. Let your imagination soar. Understand that, understand what are the take from you to arrive at your desired destination. Even though the current situation may seem diode, have an unwavering faith in yourself that you are destined to be welding and successful. We can develop this fate and answers who auto suggestion, positive self-talk. We can persuade ourselves to believe that our thoughts can be transformed into reality and our dreams can come through our subconscious mind. Who is key to this? It becomes easier when we have it on our side. If our desire is to become welding, we need to become persistent and be ready to encounter old, troubled and obstacles they will face in our journey. We need to surround ourselves with like-minded people that are smart and support our vision. Another important prerequisite for becoming rich and successful in the true sense as to become a lifelong learner. By committing to self-education, it becomes self-aware. We began understanding our strengths and weaknesses and unlock our drop attention. 7. Lesson 5: Simplify Your Approach: Managing our finances can be effortless if you know the inner workings of the financial world and automate the flow of our money. No way your money is spending its time. I'm choose your bank accounts wisely. If you have credit card debt, now is the time to get rid of it with a discipline approach. When you prepare your budget, make sure you have a plan to spend consciously. This can be done by spending on things that you really want and reducing the expenses in the categories that are not important to you. Changing behaviors and take some time. So be patient. I said yourself, mini goals, tiny wins will help you. We'll give you on track and help you develop consistency. The best way to get the money working for you is invested in setting up a retirement account is a good place to start. Now that you save and invest every month, doesn't matter. Whereas the habit formation, I really change your game. Automation is a lifesaver. How a fixed percentage of your savings and investment automatically withdrawn from your account. Automating your regarding expenses and bill payments. Also free up a lot of your headspace in charge and simplifying your approach will eliminate your anxieties and worries about money. You are done. All you have to do is sit back, relax and watch it grow. 8. Lesson 6: Choosing Freedom Over Luxury: On the contrary to the popular belief, million in life is a modest life, despite the stereotype of having glamour, clicks and flashy gadgets and reality, millionaires are huge stables and live an intentional life. They prefer their money in bank accounts and investment rather than showing it off. Millionaires direct their funds to improving the business and seeking better investment and financial advice rather than on irrelevant expenses. Even though they are frugal, they never compromise in their health and well-being of themselves and their loved ones. Way to give more emphasis to financial independence than luxury. A prerequisite to spending smartly is to plan's market. The secret formula to becoming a millionaire is to plan and structure your expenses and spending less than what you make. If you start thinking long-term and have a great plan in place, U2 and become a millionaire. 9. Lesson 7: Reprogram Your Mind: Money mindset is dictated by the influences that we had had in our childhood. Our minds are like computers and we get programmed by the beliefs and thoughts of the people around us as they grew up. We study our parents, I've learned behaviors and their thinking gets downloaded and our brains, which are nurturing the same beliefs that limit us from making money to become aware of such faulty thinking patterns and unload them so that we can start building new healthy beliefs around money. Analyze your finances, and self-examine how your behavior is dictating your bank account value doesn't look good. And if it's not the NF standard amount that you want to see, It's time to flip this rich insight and cultivate the millionaire. My reading books and accruing knowledge is not enough. You need to reprogram your brain. If you wanted to become a millionaire, you need to be in the driver's seat. And you have to constantly, of course, correct yourself that you are on the fat to accumulate wealth. There is no harm and lighting money and removing obstacles so that it flows to us easily. Instead of harboring envy and resentment towards where people need to admire them and get pens file. Unless you do this, you will never become rich in the true sense. It's time to start having an unwavering faith in yourself or your capabilities. It's time to develop an unconditional commitment to becoming rich. 10. Lesson 8: Escape the Rat Race: Get good grades and secure a hyping job, is afforded suicidal mantra to become unwieldy. Getting involved in the rat race actually minimizes our chances of becoming wealthy. Unfortunately, a lot of us have no trading and financial well-being. When it comes to making money for my education doesn't take us too far. As general and said, formal education will make you a living. Self education will make you a fortune. We need to educate ourselves issues and gain financial intelligence. Invest in yourself and your education. Billionaire Warren Buffett, it goes as truth and his famous quote, The most important investment you can make is in yourself. We need to start acquiring skills that will elevate our income and help us and building well, when it comes to money, emotions can squares from making the right choices. That's when financial knowledge helps us in making the current decisions. When we are pleased, when we are faced by negative emotions like fear and greed, we need to learn to take risks and start investing our money in stocks and bonds. Instead of just keeping them stagnated in our bank accounts, not taking any risks can prove to be a vigorous for us. Other investments, such as real estate, also available to us. Lastly, we need to be able to distinguish between assets and liabilities. It's wise for us to enlist only an assets which put more money in our pocket and avoid liabilities which do the exact opposite. This would lead us to become financially independent in the Crusades. 11. Lesson 9: Get in the Fastlane: Going to ensure it back the width is not practical. There's always a cap on how much we can own in our digital lives. And we hit the glass ceiling sooner or later. Rather than waiting for a diamond to enjoy your life, retire young, it's wise to do the things and you're always wished for and you have the vitality and energy. Become ready. We need to come up with a business or product self-sustaining so that even when we're not working, excel generates consistent revenue condition with the mindset of being a doom. But to become really cultivate the mindset of a producer, we need to know how we can link our passions, garden demands of the customers, and how we can add value to their lives. You don't need a degree from a prestigious university on credentials to become rich. It's all about acquiring the right skills that you need for your business. Isn't it interesting that all of the most successful and VLDB, such as Bill Gates and Mark Zuckerberg never completed the college education. Is not only about having a positive cash flow, but having the three most essential component, optimum hair, I'm pregnant, meaningful relationships, and the freedom to paint that we really love to do. 12. Lesson 10: What's Your Plan?: In order to reach our Koons made to have a clear understanding of our assets and liabilities. In that way, we get to know our current network and have a clear picture of where we are right now. Once we have this information, we become better equipped to take the next action steps and our financial journey. Glutenin of what you also need to understand that our future is unpredictable. Our goals may change over time and they're not setting stone. We need to be flexible. Financial success can become a possibility if they know how to budget wisely. This involves driving your spending and measuring that against your bones and adjusted accordingly. Investments should, Is be driven to make profit and reach our financial goals. There is no one-size-fits-all approach to making a financial plan. First way to figure out what our needs are and ask ourselves some deep questions. Why is money important for me? What are the goals that I'm trying to achieve? These goals and alignment with my values and my current actions from who went with him. 13. Lesson 11: Wisdom From Ancient Babylon: Some people like saving money and are incredibly frugal. Some people are spenders and squander all the money that they made. Ancient Babylonian wisdom suggests that we should do the following two things to make money and become primarily to live below our needs. And secondly, we need to save and invest wisely are going should not be to live a luxurious life when we started, when we live below our means, they're able to direct the remainder among two savings and investments that end up making us more money in the long run, many people spend more than what they earn by accumulating debt. And that way you're paying more money for your public Jesus. And the form of additional interest among this robs you of your money and it's wealth making potential. But when you save money and during that money towards investments, you end up getting more money in return. For instance, getting dividends for your investments, stocks and bonds, and getting interest money along with, Among that you lend someone, lender non-depletable when it comes to investing, way to do it wisely. This ideas, investing exclusively and people and organizations that I've crossed worthy and not reckless with our money. We need to be content that they have the required knowledge to handle our money in the best possible way. The goal is to let money work tirelessly for you and made you time, not the opposite. 14. Lesson 12: Become a Deliberate Creator : Have you ever wondered why some people to work extremely hard all their lives never become rich, while others enjoy their riches, even though there's very little to no time working. The tortoise becoming Wendy is under your conscious control. You have to become a deliberate creator of the knife and financial, it says, you want. You may think that there are some invisible forces that are stopping you from getting the money that you need. But this is not true. If you're always feel powerlessness and victim hood, you will never be able to become the law of attraction and brings to you when you focus on, because money is such an important topic for all of us. And we spend a lot of our time focusing on thoughts on egg, must clean up our vibrations and switched to a halt that reflect abundance and prosperity. This would improve not only your financial life, when the ripple effect would improve, the aspects of your life is where your mentor live online. That is extraordinary, expansive, and enriched with good feeling movement to reclaim your borrower and commit to changing the frequency of your thoughts from lab to prosperity. 15. Lesson 13: Make Handling Finances an Act of Love: Managing your money and be a fun, I'm loving process. If you choose it to be. In order to get financial freedom, we need to change our relationship with money and take care of your finances and take care of yourself. And hence, it's an act of self. If you are an available please, when you are in control of your money and have the freedom to choose where you want to direct. It is important to pay attention to your money on a consistent basis. Wherever your attention goes, energy flows throughout your daily expenses and educate yourself on ways to save and bringing more money in your life every day. Make a monthly plan for your money, and be aware of various grueling. Make handling, finances fun and pleasurable. Whenever you sit down for a money management session, light candles and our play music that pleases you. Grab a hub, grab a hot cup of chai, and relax. Make it an act of Muda as your associated at handling money with pleasure and pain. It's not enjoying the process and having fun. You become more cognizant of your expenses, staff meetings, stupid choices. You realize that you are in better control of your finances really change the way you feel about money. It brings a revolution both your mindset and your account balance. In essence, I told about making choices that serve you read and nurturing and loving relationship with the money that comes in your life. 16. Lesson 14: Become a Badass: If you wanted to become rich and bring the amount of money you desire in your life. What service are you willing to provide an exchange? What shove that. I most importantly, what's holding you back? You need to give Josh off your thoughts and actions. It yourself up for financial success. As running barefoot rightly says, the only thing standing between you and your goal is a ******** story. You keep telling yourself as to why you can't achieve it. Be careful about who you surround yourself with as they can influence your thoughts. Enough big red. As we grow, we start accruing various limiting beliefs around money, dissect them, and become aware of your worries in fields and vision, your ideal life and your most authentic self. What does that person about? What role money plays and his or her life? You have to find out what being rich it means to you. Only then will be truly inspired to become where the struggle become the new, start accruing the wealthy low you this. Once you have fired up and have an action plan in place, it's time to let grew up on fields and all it. Sometimes you need to start running. You can walk anything's way or determination, Refresh on this aspect of your life. Believe in yourself and the service you provide, and have faith that the universe is bringing your desire to you. 17. Lesson 15: Automate Your Finances : Many times this bearing money half consciously on trivial things, whether it be our morning coffee, having lunch outside or by unnecessarily stuff on Amazon. These may seem innocuous expenses, but the Adam and constants are locked in the long term. They like those thousand small cut that kids are future financial will be someone who's struggling with managing finances and making payments on time. There is an easier and effortless way to be on top of all of it. All you have to do, simply switched from this impulsive autopilot mode, more deliberate, conscious one at support or financial group. This can be achieved by automation. What do we have? Current goal is right now, whether it be saving, investing on paying off your debt, make it automatic. This will free up your time, as well as the energy that you spend and igniting your willpower, your place that we have the privilege of automating our finances online with minimum effort made paying yourself. It's a priority. When you automate it, this is already taken care of before your paycheck among gets deposited in your bank. Imaginary started to live below your means. Humans are incredible and adapting when we need to. If you leave the savings and investments to manage yourself, requires a lot of discipline and resilience, but when you automate them, it's much easier. And then 0 words, if we let your mental faculties, which can be used for other purposes. 18. Lesson 16: Develop Big Picture Thinking : If you're a millennial, then there's a high chance that giving money aside for retirement is not a priority for you. But if you do it, you have a major advantage because time is on your side. If you are someone who believes and saving money, you're on the right track, but you need to trigger approach. Saving is fine. But if you really wanted to see your money grow, the best way to get ahead in the team is to invest it. Him, your money loses value because of low interest rates in a savings account where you invest your money in the stock market, you get higher gains overall, the average life expectancy has increased tremendously. And it's wise to not rely on the government or any benefits after their Diamond Age. The best plan is to be self-reliant and invest your money in stocks. If our money across different markets and countries, international currency is changing value differently from the one in your own country. You may set yourself up for huge returns. The bulk when you're in this and don't go with the hood, do your research and make choices. Profit is, look for the best bargains that you can find and understand when uploading this talk is riding a wave of momentum in West at the right time, you maximize your future to control your fields in pulses and greenness and pay of the state of nature. Avoiding instant gratification, reserve yogurt. 19. Lesson 17: Become Unshakeable : The money game is not only about surviving and also about driving. Saving and investing can be two things that you can do right now for the betterment of the future. You. Compound interest is magical. And who got to invest even a small amount of money every month, day-by-day, it will keep growing and you don't have to worry about it. The sooner you start, the more your money will grow. We have to study the patterns of the financial market. Distinguish good investment from the bad one, is wise for us to educate ourselves with regard to how we can protect the downside and minimize the risks. The higher risk and reward equation is true for the stock market. To become a good investor. We have to master the art of asymmetric risk slash reward to see IT investments that are low-risk and offer us higher rewards. Along with that, being aware of the taxes and fees annual income makes us better and smarter investors. Even the experts and the superstars of the stock market don't know what the future holds. So beware of the glues and abundance who claim to know all the secrets of how it works as an antidote to the unpredictability of the stock market. Diversify a portfolio. Feel free to explore, as this can be done across different asset classes, countries, and currencies, or time. 20. Lesson 18: Raise Your Financial IQ: Imagine the stock market as a person who has gutted with highly susceptible to other people's influence and has unpredictable and mood swings. You know, trusting this person can have dangerous consequences. The best way to invest is to never react to what this person is doing and make intelligent needs. Success in the stock market can only be measured by long-term analysis. And diligent investors research will only invest when they know that they can have safe and steady return. You don't follow trends, but rather only in West where the pricing is below the intrinsic value. Intelligent investors only care about making a profit for themselves and don't worry about outperforming others or staying ahead of the competition. Good at avoid temptations and greed, as I don't believe in fast money, but in getting rich slowly, the easiest way to invest without risks is to study the investment funds that have had a long term success and model them. Automate your investments in every month so that you are investing of text among no matter what. This will cultivate discipline as well as radio, emotionally strong, when you get tempted to invest more, research and monitoring of portfolios will make the profit blue coming. If you are a big enough. Great strategy will be to make online investment and study the different investment options. This way, you will train yourself to find bargains and learn the inner workings of the stock market. Your goal is to make investments, generate gradual and steady profits. 21. Lesson 19: Embrace Nobility: The Torah, the Holy Book that defines Jewish law, refers to business as a noble pursuit and hence, earning money as an honest and genuine endo to better lives. According to the Jewish tradition, a business should not be driven by greed or any other negative emotions. Whereas also important to sustain themselves. They've got to continue helping others. They believe money is an entity that strengthens the bone between people. Make symbolizes trust where it flows from one person to another during the transaction. Money is something that needs to be, that needs to keep moving between people, not to be hidden. The more active your money is, the more prosperity you will have. The Jewish emphasize giving them money for charitable causes as most effectively to increase your income. The giver is always at a spiritual advantage as compared to the receiver. And people are more inspired to do business with the person was established as a giggle. The Jewish also believe there is nothing called for Diamond. The gloves. When you retire, you stop adding value to others. It is better to continue working as you grow because you are more in touch with our video spirituality and has a wealth of experience to share. You can offer guidance to others and own money in exchange. Also, as you grow older, you gather more connections and hence your earning potential keeps growing as well. That was all about the journey, not the destination. And hence, we shouldn't never stop earning money. 22. Lesson 20: How to Elevate Your Life: Those are current work and lifestyle reflect your most important values. In reality, most people work so that they can earn money, not because they love doing it. The light, the need for self actualization. I'm direction in their lives. We all work 40 plus hour work weeks in order to have money who enjoy life and spent on material possessions and luxury. On the contrary, it would be wise to buy less so that we can save and invest enough money to retire In early retreat are precious time for money so that we can live a life of luxury and buy stock. This transaction fields meaningless and shallow to you. Then maybe it's best to start thinking about the alternative option, the grading your lifestyle, reducing your living expenses, finding ways to increase your income and investing their difference. This will serve you in getting your boring job and retiring early. Drag your income and all your expenses. Work on widening the gap between the income that you make and your total expenses and invest the difference. Once the income from your investments is greater than your living expenses, you reach a significant point. You are free to put your jaw if you like, live the way you want to live. It's not much about money, but rather about the relationship that you have with money. The best way to improve your life, and your relationship with money as to align yourself with your core values. 23. Lesson 21: Being Honest and Ethical: Elite education from a business school or university is not very effective. Teachers how to solve problems based on theories. Rather than teaching the skills necessary to solve real world problems. The harsh drug is that jobs in the real world it may force you to build against so-called values and ethics, other people's actions and difficult circumstances. It does make them due to choose the easy way out by manipulating people. Instead of using honest methods to gain business. We need to understand that these past mistakes don't define us. Get started with a blank slate if we choose. The value investing philosophy teaches you to have, I'm wearing, failing our investments and focus on the bigger picture. The risk is minimum and the athletes are some, hence a double advantage. This is a long-term process. Positive thinking will take you far. Your attitude determines your oil, G2D, developing emotional intelligence, discipline, and prioritizing attacks or profit will make you much happier and fulfill. We need to build credibility and trust with the people we work with. They generate honest and helpful as far as people's interest in you and your business. When we focus on giving without selfish gains and building relationships, we're crack success, well enforced parity. With value investing. The goal is to not only become a better investor, but also a therapist.