17 Lessons from the book "Rules of Wealth" and "rules of life" by Richard Templar

 

17 Lessons from the book "Rules of Wealth" and "rules of life" by Richard Templar

1. Saving is a sign of maturity; spending, a sign of mmaturity.

2. The true value of money lies not in the physical notes and coins, but in the choices and opportunities it can offer.

3. Wealth does not guarantee happiness, but it does provide freedom and options.

4. Invest in yourself - education and self-improvement are the surest ways to increase your earning potential.

5. Don't let fear of failure or making mistakes hold you back from taking calculated risks.

6. Financial success is not about luck, but about knowing your goals, planning, and taking disciplined actions to achieve them.

7. It's not how much you earn that matters, but how much you keep and how you make it grow.

8. Money is a tool; use it wisely to create a better life for yourself and those around you.

9. Be grateful for what you have while striving for what you want.

10. True wealth is not measured by possessions, but by the quality of relationships, experiences, and the impact you make on others.

Lessons From The "Rules of Life " by Richard Templar

1. Be Your Own Adviser

Deep down within all of us is a fount of wisdom. This is called intuition. Listening to your intuition is a slow-learned process.

2. Never Lend Money Unless You Are Prepared To Write It Off.

If you lend money or anything else, don't do it unless you are prepared for it to be lost, forgotten, not returned.
If you are previous about it, then don't lend it in the first place.
If it means a lot to you, keep it safe. If you do lend anything including money, then don't expect to get it back if you value the friendship or relationship. But if you do get it back then that's a bonus.

3. Be Flexible in Your Thinking

Once your thinking gets crystallized, rigid, and formed, you’ve lost the battle. Once you think you have all the answers, you might as well hang up your boots. Once you get set in your ways, you’re already part of history.

4. Accept Yourself

You can’t go back and change anything, so you’ve got to work with what you’ve got. Accepting is easy because it is exactly what it says—accepting. You don’t have to improve or change or strive for perfection. Quite the opposite. And Just accept.
That means accepting all the warts and emotional lumps and bumps, the bad parts, the weaknesses, and the rest of it. This doesn’t mean we are happy with everything about ourselves, or that we are going to be lazy and lead a bad life. We are going to accept the way we are, initially, and then build on that. What we are not going to do is beat ourselves up because we don’t like some parts.

5. You Will Get Older But Not Necessarily Wiser.

There is a saying that as we get older we will get wiser; not true. But we can carry on being just as foolish, still making plenty of mistakes. It’s just that we make new ones, different ones. We do learn from experience and may not make the same mistakes again, but there is a whole new pickle jar of fresh ones just lying in wait for us to trip up and fall into. The secret is to accept this and not to beat yourself up when you do make new ones. The Rule really is: Be kind to yourself when you do muck things up. Be forgiving, and accept that it’s all part of that growing older but no wiser routine.

6. Know What Counts and What Doesn’t.

Being here counts. Being kind and considerate counts. Getting through each day without seriously offending anyone or hurting anyone counts. Having the latest technology doesn’t. Doing something useful with your life counts. There are some things in this life that are important and a whole lot of things that aren’t.

7. Don’t Expect to Be Perfect

You’re allowed to be human, you know. In fact, you’re actively encouraged to be human. Don’t try to set yourself above everyone else—the rest of us fail from time to time.