Secrets of the Millionaire Mind - Part 3

Millionaire Mind Notes - Part 3

Never have a ceiling on your income
The majority of millionaires became rich by being in their own business
When you own a business, you can save a small fortune in taxes by writing off portions of your expenses for car, travel, education, home, etc
Selling is one of the world's highest paid professions
You'll never get rich working on a straight salary for someone else
Rich people live in a world of abundance
You can be kind, loving, caring, generous and spiritual person - and be rich
The true measure of wealth is your net worth, NOT your income
The four net worth factors are:
1. Income
2. Savings
3. Investments
4. Simplification
Rich people take the time and energy to learn about investing and investments
Simplification = consciously creating a lifestyle in which you need less money to live on
Expenses will always rise in direct proportion to income
Know your net worth
To master money you must manage money
Rich people are good at managing their money
Start properly handling the money that you already have
You must acquire skills and habits of managing a small amount of money before you can have a large amount
When you begin to manage your money, you'll have plenty of it