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After I Read 40 Books on Money - Here's What Will Make You Rich

3.9K views· 274 likes· 19:04· Apr 20, 2024

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I have about 114 books just on audible and most of them I’ve read more than 2 times, and in my physical library that you see back here I have a few books also. The point is I’ve read a lot of books on money. The question is does that make a difference, the answer is yes it does. 💲Patreon Exclusive💲 https://www.patreon.com/tommybryson 😎Call Me😎: https://bit.ly/30IBr0i 😎Second Channel😎: https://bit.ly/3c4sVPS 👨🏽‍💻Financial Freedom Course👨🏽‍💻$100 OFF CODE: LONGTERM Link: https://longtermteam.teachable.com/p/financial-freedom-steps-from-nothing-to-freedom 1. Your Money or Your Life - Money is Time, it's your life energy - Work is not who you are, it's what you do to get paid ( that’s it ) 2. The richest Man in Babylon - Live on less than you make - That sounds bad doesn’t it, but the less you need the freer you can be 3. Man of the House - Build a Home, a real one - This book got me thinking about the reliance we have on everything - We don’t know how to fix anything around the house, don’t know how to grow food and our families are absent because we have exported everything ( in exchange for making money to pay for those things ) Actions: - It got me thinking instead of buying a fancy house for in a nice location with neighbors - Buy some land, and build a house, and have some animals and learn some skills - Imagine that a life where you can raise your children and educate them and grow your own food and your home is not just where you sleep Tip: Homeschool is effectively better for kids, public schools and private schools are just more efficient for teaching groups. Think about 1 teacher for 20 kids or 1 mom and dad for their family, with one on one time 4. The Little Book about Common Sense Investing - This book taught me that simplicity is key - I took the book a little further than its idea of simplicity as I learned more about investing In investing you need conviction to stick to a plan for the long run - I started out with a lot of investments - Trying to pick out stocks - Then I learned that unless I want to be a full-time investor, the best I can do is just do index funds - And then I learned that I don’t need to diversify into a bunch of index funds - I only invest in the S&P 500 ( I want to be able to take 5% of my 10% profit and live off that ) 5. The Barefoot investor - Most of these books have a step-by-step plan to get rich - And most of them work - But I don’t care for those honestly, I’m looking for nuggets that change lives - And what changed my life, was that you will never get out of debt unless you choice to live without debt ) Simple right? - I had credit cards , business loans, student loans and was planning on getting into a mortgage potentially - When I made that choice to be debt-free, and to stop playing the game - I closed everything, paid off everything, and never thought about getting into debt anymore 6. The phycology of money - What it takes to build wealth is not what it takes to keep wealth * PRO TIP* INFORMATION IS EVERYTHING 💲Patreon Exclusive💲 https://www.patreon.com/tommybryson 👕Merch👕 https://teespring.com/stores/tommybryson ✅2 FREE AUDIOBOOKS✅ https://amzn.to/2Enayo8¬¬¬ 🎁ACORN FREE $5🎁 Link: https://acorns.com/invite/38EYSU ⚡FREE KINDLE UNLIMITED⚡ (traditional reading) Link: https://amzn.to/2VGbxt9 👨🏽‍💻DISCORD PRIVATE GROUP👨🏽‍💻 https://discord.gg/EcZEHpA My Camera Gear: https://www.amazon.com/shop/tommybryson ✔ Help Us Reach 600,000 Subscribers: https://goo.gl/0wvm6w 😎All My Social Media😎 Link: https://linktr.ee/tommybryson --- Disclosure & Educational Disclaimer: Some links in this video may be affiliate links, and I may earn a commission. Content is educational and accurate as of posting; offers may change. I’m an accountant but not your accountant; always consult your own accountant/CPA or financial advisor. No income or results are guaranteed.

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