The number one rule to become richer is this: to understand that money IS a game. And once you get this, you will realize that you can definitely get better (and richer) by learning money rules.
Overall, there are just 3 general rich money rules (laws of money):
Table Of Contents
1) GROWTH
- It’s a doubles game. How long will it take for your money to double? Is it months? Days? Weeks? 3, 5 or 10 years?
- You want to invest into assets that puts money in your pocket (cash flow positive).
- Compound (time + reinvestment) is where the money is at.
2) You need CASH to play the MONEY GAME.
- Make more by earning more, starting and growing a business or spending less.
- Don’t buy shit that you don’t care about / don’t lose money.
3) PATIENCE In The Get Rich Game
- To let compounding do its magic, it takes time.
- To earn more, you need to learn and apply and refine.
- It takes time, patience, practice. Lots of patience.
I’m the founder and writer here at NigelChua.com; as well as serial entrepreneur, therapy business entrepreneur, digital entrepreneur, investor and also happy husband, father and Christian.
Started and sold off a business for 7-figures; built another 7-figure one and growing it further, plus building/investing into other businesses and investments as well as advisory works.
Nowadays I share and teach entrepreneurship, financial independence, retiring early as well as building and living a life you love.
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