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Updated almost 14 years ago on . Most recent reply

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Eric James
  • Real Estate Investor
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Book "Secrets of the Millionaire Mind"

Eric James
  • Real Estate Investor
Posted

Anyone read this one? I just got a copy of Secrets of the Millionaire Mind from a friend as a gift. Any thoughts?

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Matt H
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I don't know about those millionaire mind series. Ya so maybe he did some research and found out that the very wealthy live like popers, but any data can be squed. My thought though is that he seems to promote that you should live extremely frugally, way below your means etc etc...I kinda beg to differ. I like Robert Kiosoki's concepts more like he saids he things in terms of "how can I afford it". Like what's the point of taking a path in life like realestate investing and starting to make millions of dollars but not loving yourself enough to reward yourself along the way? What kinda millionaire mind is that. I know people who live that way and they're basically "cheapo's". They've never learned to enjoy the process of spending some money. So I say if it's within your means go for it, and think in terms of "how can I afford it". That's where having a budget would come in even if it's an approximation in your mind. But ya if you're living beyond your means then you definitely got a problem. So as for millionaire mind....well why not rename is "How to be a screwdge".

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