Saturday, January 16, 2021

Listening to Books Vs. Reading

My mom and I have been enjoying listening to books on audible and one book we are listening is “Padre Rico, Padre Pobre” by Robert Kiyosaki. My mom loves it so much that she wants a hard copy of the book. We stop every few minutes and discuss the book. 



 

We all want things in life, but there are some people who are better managing money than others.  People who spend money on things that they don’t need are wasting money. And to make matters worse, people spend money they don’t have and getting into credit card debt. In the United States, our society makes us feel as though we need a new car, clothes, sneakers, and so much more. 

 

People who become rich understand that it is far more important to use their extra money on investments instead of wasting it on material things. And when they treat themselves to something, it is only after setting aside the cash to buy them. 

 

Some people feel content with going to their 9-5 job and knowing that they will have a paycheck every Friday. There is nothing wrong with that. In fact, most people cannot raise a family or pay their mortgage if they don’t know how much is coming in every month. But people who become rich often sacrifice the security of a steady paycheck in order to pursue something bigger than an hourly wage. They realize that they may be taking a risk, but they feel that it’s worth trying. 

 

When you start a business, income can be completely unpredictable. There may be several months where you do not make any money at all. For some businesses, it can take several years before they are profitable. But for those who take that risk and come out on the other end, they are often very glad that they tried to get out of their comfort zone.

 

The world is always changing, especially with new technology coming out almost every day. If you are not willing to adapt to change, you are going to fall behind very quickly. For example, think about how online shopping changed the retail landscape in the past few years. Companies like Sears were so confident in their legacy and did not think it was necessary to put their products online. They believed that their customers would be so loyal, that they would continue to shop at Sears stores. Obviously, this was a huge mistake and they declared bankruptcy.

 

Even if you do not run a company, you still need to adapt to change if you want to succeed. Think about all the office workers who hesitated to learn Microsoft Word, because they preferred to use a typewriter. Or the people who still refuse to buy a smartphone. If you want to keep up with the working world, always be willing to adapt to change.

 

Successful people are usually excited to wake up in the morning, and they feel motivated to get to work. They are not forced to get up by an alarm clock or the fear of getting fired. They truly want to work, because it gets them closer to their goals. If you still feel as though you are dragging yourself out of bed each morning, it might be that you have a lack of motivation. Without a spark of joy, you are destined to stay in a situation where you may be poor.

 

Ask yourself what motivates you the most to get something done. Whatever it is, you need to channel that energy into your goal. For example, maybe you feel motivated to never have to commute to your job again. So, you really don’t need to be a millionaire to do that. All you really need is to find a work-from-home job.  Once you figure out what your personal definition of success is, you should begin to feel motivated to get started.

 

So far that is what we have discussed on the several books we have read. My mom and I love this time each afternoon. I highly recommend listening to books if you don’t have the time to sit and read. 

 

Con amor,

Vero

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