Small Smart Choices + Consistency + Time = RADICAL DIFFERENCE

If you were given a choice between taking $3 million in cash this very instant and a single penny that doubles in value every day for 31 days,which would you choose?Now, calculate independently and see the “magic” of compounding pennies.

Magic Penny

<ol><li>Larry didn’t change his routine, he did like he was doing always.</li><li>Scott started making some small, seemingly inconsequential, positive changes like reading 10 pages of a good book per day, 20 minutes of podcasts, cutting 125 calories from his diet every day, and walking a couple of extra steps daily. No big deal of bravery or grand effort was done. Doable? Yeah.</li><li>Brad, makes some poor choices, he bought a big screen TV, so he can watch more of his favorite programs, tried out new recipes on the food channel, and installed a bar in his room which added a few drinks per week. Nothing crazy, Right?</li></ol>

3 Friends, 3 Habits

At the end of 5-10 months, we can’t see any noticeable changes in any of their lives. They continued whatever they were doing.But at about month 25, we start seeing really measurable, visible differences.After 31 months or 940 days, When a detailed examination was done<ol><li>Brad got fatty because he ate 125 calories more than Scott, so he gained 33.5 pounds weight. Now he weighs 67 pounds more than Scott.</li><li>Scott besides being slim, light & active, gained great pieces of knowledge from books and podcasts. He got good raise and got promoted. His marriage is thriving.</li><li>Larry is pretty much same as he wa<warningtag>s.</warningtag></li></ol>

Short Term & Long Term Results

To understand this, we can put only 1 bad habit of Brad under the microscope—eating rich food more frequently—to know how the compound effect can work in a negative way and can create a ripple effect that impacts the whole life.<ul><li>As we already know, he makes recipes that he learned from TV, he makes some great desserts, and the family loves that, so he makes more of that and takes some extra share from that sweet.</li><li>This extra food makes him sluggish at night and wakes up a little groggy, which makes him cranky. This crankiness and sleep deprivation impacts his work performance, so gets insulted.</li></ul>

Ripple Effect

<ul><li>As he gets discouraging feedback from his boss, his energy level is way down, his commute seems longer and more stressful than ever. All this makes him reach for more comfort food (stress has a way of doing that).</li><li>So, he is now less likely to walk with his wife, like he used to. She misses their time together.</li><li>Now with fewer shared activities with his wife and an absence of fresh air and exercise, Brad is not getting the endorphin release, that can make him feel upbeat and enthusiastic.</li><li>Because he is not happy, he starts finding fault with himself & others, stop complimenting his wife like bef<warningtag>ore</warningtag></li></ul>

Ripple Effect Continued

<ul><li>Brad’s own self-esteem goes down, he started escaping from reality and starts losing himself in late-night TV shows.</li><li>His wife starts to complain, then becomes needy. When that doesn’t work, she emotionally withdraws to protect herself. She’s lonely. She spends more time with her girlfriends to fulfill her need for companionship. Men start flirting with her, which makes her feel desirable again. She would never cheat, but Brad feels that something’s wrong.</li><li>Instead of seeing that his poor choices and behaviors are the base of all these problems, he finds fault with his wife. Relationship is now ❌.</li></ul>

Ripple Effect Results

The most challenging aspect of the Compound Effect is that we have to keep working away for a while, consistently and efficiently, before we can begin to see the payoff. Our parents & grandparents knew this, they didn’t spend their money & time binge-watching, buying unusable stuff to get thinner, etc.Wealth tends to skip a generation.Why, because overwhelming abundance often leads to a lackadaisical mentality, which brings a sedentary lifestyle. Children of the wealthy are more susceptible. They weren’t the ones who developed the discipline and character to create wealth in the first place.

Psychology Of Wealth

Understanding the compound effect will rid you of “instant-results” expectations.Promise yourself that you’re going to let go once and for all of your lottery-winner expectations because, let’s face it, you only hear stories about the one winner, not the millions of losers. That person you see jumping up and down in front of the Vegas slot machine or at the Santa Anita horse track doesn’t reveal the hundreds of times that same person lost. If we go back to our mathematical chance of a positive result, again, we have a rounding error of zero—as in, you have about zero chance of winning.

Microwave Mentality 

Harvard psychologist Daniel Gilbert, author of Stumbling on Happiness, says that if we gave lottery losers every thirty seconds on TV to announce not, “I won!” but “I lost,” it would take almost nine years to get through the losers of a single drawing!Don’t try to fool yourself into believing that a mega-successful athlete didn’t live through regular bone-crushing drills and thousands of hours of practice. He got up early to practice—and kept practicing long after all others had stopped. He faced the frustration of the failure, loneliness, hard work, and disappointment it took to become No. 1.

Winner’s Work

We all come into this world the same: naked, scared, and ignorant. After that grand entrance, the life we end up with is simply an accumulation of all the choices we make. Our choices can be our best friend or our worst enemy. They can deliver us to our goals or send us orbiting into a galaxy far, far away.Think about it. Everything in your life exists because you first made a choice about something. Choices are at the root of every one of your results. Each choice starts a behavior that over time becomes a habit.Either you choose any habit or if you don’t, you get another option automatically

Choices

Ask yourself regularly- “How many of my behaviors have I not ‘voted on’? What am I doing that I didn’t consciously choose to do, yet continue to do every day?”

-Mosquito does. It means our very small, negligible choices every day affects us more than the big ones.e.g. you inhale a soda and bag of potato chips and suddenly realize only after you polished off the last chip that you blew an entire day of healthy eating—and you weren’t even hungry. You get caught up and lose two hours watching mindless TV—scratch that, let’s give you some credit and make it an educational documentary—before realizing you spaced on preparing for an important presentation to land a valuable client.You have allowed yourself to make a choice without thinking.CHOOSE WISELY.

Elephants Don’t Bite-

We are all self-made humans, but only the successful take credit for it.In a seminar author attended, speaker asked, “What percentage of shared responsibility do you have in making a relationship work?”People blurted and yelled different answers like 50-50, 80-20, 49-51 etc etc.The speaker turned to the easel and wrote 100-0 on the paper and said “You have to be willing to give 100 percent with zero expectation of receiving anything in return.”When you don’t take 100% responsibility, you opt for finger-pointing, victimhood, blaming, and expecting someone else/government to solve your problems.

Owning 100% 

You alone are responsible for what you do, don’t do, or how you respond to what’s done to you.

Preparation (personal growth, skills, knowledge, expertise, relationships, resources) + Attitude (belief/mindset) + Opportunity (a good thing coming your way) + Action (doing something about it) = Luck.

Complete Formula For Being Lucky

For being aware of your choices, you have to Track every action that relates to the area of your life you want to improve.<ul><li>If you want to get out of your debt, you need to start tracking every penny you spend out of your pocket.</li><li>If you want to lose some extra weight, you need to start tracking every single thing you put in your mouth.</li><li>If you want to train for an athletic event, you need to track every step you take, every workout you do.</li></ul>Simply carry a notepad and a writing instrument or just phone, and that's all. But do this without fail, no excuses, no exceptions. Think Big Bro is watching you.

Secret Weapon

This process forces you to be conscious of each of your decisions.Jim Rohn says, “What’s simple to do is also simple not to do”.Magic is not the complexity of the task, but it’s in doing the simple things repeatedly and long enough to ignite the miracle of the Compound Effect.

Advantages Of Tracking

Keeping an expense log just for 2 months makes you aware of your habits. You create a completely new set of choices and disciplines around spending.Since awareness and positive behaviors compound, you find yourself more proactive with money in general, you try to find areas like where to invest, save for retirement, and also find where it's a clear waste to spend money.A horse wins by a nose but gets 10 times the prize money. Was he 10 times faster? Not at all. Those extra laps, extra efforts and a little better-disciplined nutrition his jockey provided him have made the results a bit better.

Money Trap

Or savings tree.<ul><li>Prepare your own food instead of spending money outside.</li><li>Cancel some extra subscriptions.</li><li>Spend every penny consciously (needs vs wants).</li><li>Don’t buy anything on EMIs. Go for full payment.</li><li>Follow the 50-30-20 Rule- Spend 50% of your monthly income on your needs, 30% on Hobbies and entertainment, and save or invest the last 20% for the future.</li></ul>In his book Focal Point, Brian Tracy gave a simple success formula.<ul><li>Improve yourself or your earnings by 1/10 of 1% each work day. After a week, improvement goes to 1/2%, equalling 2% each month and 26% each year, and gets double in 2.9 years.</li></ul>

Grow Your Money Tree

Why are we so irrationally enslaved by so many bad habits? Because our need for Immediate gratification can turn us into the most reactive, nonthinking animals around.<ul><li>If you took a bite of a Big Mac and immediately fell due to heart attack, you might not go back for second bite.</li><li>If your next puff of cigarette turn your face into a 90 year old person’s face, chances are you’ll pass on the cigarette.</li><li>If the first piece of cake instantly put 50 pounds, saying “no thanks” to dessert would be the true piece of cake.</li></ul>The slightest adjustments to your daily routines can dramatically alter the results.

Instant Gratification Trap

It's not so much, that you want to take out of your life, instead, add some beneficial options in advance. For example, Don't think (“I can’t eat a hamburger, chocolate, or dairy”). But Add your Healthy option so there is no place for the worse. (e.g., “Today I’m going to have a salad, steamed vegetables and fresh figs”).Fill your focus and belly with what you can have, so you no longer have attention or hunger for what you can’t.<ul><li>Choose a hobby instead of binge-watching.</li><li>Choose to play with your kids than be a couch potato.</li><li>Choose your own ADD IN rather than the choices your inactivity gives you</li></ul>

ADD IN Principle

Find a Peak Performance Partner (PPP), he/she can be your success buddy in your paths of different aspects of life. Give personal appreciation for their performance and get praise for your achievements too.

Personalise

I found that Compounding is vital across various aspects of life i.e. finance, education, health, skills, productivity, personal development, emotional well-being and relationships. In essence, compounding serves as a foundational principle that magnifies progress, allowing gradual, sustained efforts to yield remarkable results across diverse life domains.

The New York Times and Wall Street Journal bestseller, based on the principle that little, everyday decisions will either take you to the life you desire or to disaster by default. No gimmicks. No Hyperbole. No Magic Bullet. The Compound Effect is a distillation of the fundamental principles that have guided the most phenomenal achievements in business, relationships, and beyond. This easy-to-use, step-by-step operating system allows you to multiply your success, chart your progress, and achieve any desire. If you're serious about living an extraordinary life, use the power of The Compound Effect to create the success you want. You will find strategies including: <ul><li>How to win--every time! The No. 1 strategy to achieve any goal and triumph over any competitor, even if they're smarter, more talented or more experienced.</li><li>Eradicating your bad habits (some you might be unaware of!) that are derailing your progress.</li><li>The real, lasting keys to motivation--how to get yourself to do things you don't feel like doing.</li><li>Capturing the elusive, awesome force of momentum. Catch this, and you'll be unstoppable.</li><li>The acceleration secrets of superachievers. Do they have an unfair advantage? Yes they do, and now you can too! </li></ul>

Understand yourself and those around you.

psychology

Psychology

moneyandinvestments

Money & Investments

habits

Habits

problemsolving

Problem Solving

books

Books

Darren Hardy is an American author, keynote speaker, advisor, and former publisher of SUCCESS magazine. Hardy is a New York Times best-selling author, who wrote The Entrepreneur Roller Coaster, Living Your Best Year Ever and The Compound Effect. 

Darren Hardy

The Compound Effect

What’s the fastest way to become a millionaire?Take the money out of the equation; and focus on one thing only:try to find something you do very very well,and then practice the hell out of it, until you become very very very good at it. And then you don’t have competition; you’re going to be the top of your heap - whatever that heap is -and money automatically comes with being at the top.

Practice until you don’t have competition. 

Log in or sign up for an account on TikTok. Start watching to discover real people and real videos that will make your day.

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Personal Development

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Motivation & Inspiration

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Business

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Startups

How To Become A Millionaire, According to Barbara Corcoran

This is the main premise of the best selling book by Ramit Sethi. He structures his ideas into 4 buckets: <ol><li>Track your spending. This will help you see where your money is going and identify areas where you can cut back.</li><li>Set financial goals. What do you want to achieve with your money? Once you know your goals, you can start making a plan to reach them.</li><li>Pay off your debt. This is one of the most important things you can do to improve your financial situation.</li><li>Invest for your future. This will help you grow your money and reach your financial goals.</li></ol>

Anyone Can Become Rich

“Spend extravagantly on the things you love, and cut costs mercilessly on the things you don’t.”

Ramit Sethi lists his favourite approaches to money:<ol><li>Behavior trumps information. Knowing the perfect right answer is less important than taking action. Focus on small, innocuous behaviors. Like saving small every month.</li><li>Focus on getting things 85% right. You don’t need to get it perfect. But act.</li><li>Spend on what you love. Cut back on what you don’t. If you love something, spend money (or time) on it. If it’s not important, don’t.</li><li>There are 2 ways to get more money. First, you can earn more. Second, you can spend less. Cutting costs is great, but you can't become rich through savings alone.</li></ol>

4 Life-Changing Ideas About Money

Do this to get on a path to becoming rich:<ol><li>Optimize Your Credit Cards</li><li>Open high-interest, low-maintenance bank accounts</li><li>Open Investing Accounts</li><li>Start Your Conscious Spending Plan</li><li>Automate Everything</li><li>Start Investing</li></ol>

Your Six Week Plan To Become Rich

A great place to start because it can have a big impact on your finances:<ul><li>Set up autopay to pay your CC bills</li><li>Call to waive any past credit card fees</li><li>Negotiate a lower APR</li><li>Build credit history by keeping credit lines open</li><li>Increased your credit allowance</li><li>Take advantage of rewards</li><li>Build credit. This enables better rates for larger items (for example, a house).</li><li>Improve your credit utilization rate (CUR)</li><li>Use the credit card perks like warranty doubling, car rental insurance, and trip cancellation insurance.</li></ul>

Week 1: Optimize Your Credit Cards

Open a no-fee online bank account (e.g. Ally, Capital One). Avoid brick n’ mortars banksThe problem with brick n’ mortar banks (e.g. Bank of America) is they need minimum balances to avoid fees. For example, Bank of America’s “free” checking account requires a minimum $1,500 balance. This locks up your capital.

Week 2: Open high-interest, low-maintenance bank accounts

Open:<ul><li>a 401(K) account</li><li>a regular investment account.</li></ul>Next:<ul><li>If your employer offers a 401(k) match, invest to take full advantage of it. Contribute enough to get 100 percent of the match.</li><li>Pay off debts. This give you a significant instant return.</li><li>Open a Roth IRA. Contribute as much money as possible. Check the IRS website for current maximum income levels.</li><li>Money left over? Go back to your 401(k). Max this out.</li><li>Money left over? Open a regular non-retirement account. Invest as much as possible.</li></ul>

Week 3: Open 2 Investing Accounts

Use a tracking tool to see where your money is going. (e.g. Mint) Don’t just go and “create a budget”.Choose the things you love enough to spend on— and then cut costs on the things you don’t love. This leads to a happy, rich life, not living a life of frugality for no reason.Think about your goals. Ask yourself if you’d rather spend $10 on lunch or save $10 toward a house or a car. If you would rather spend the money on lunch, enjoy lunch! You save money so that you can spend it later on the things that make you happy.

Week 4: Start Your Conscious Spending Plan

Use this schedule to help you set up your own automation:If you’re paid on the 1st of the month. Switch all bills to arrive on or around that time, too.<ul><li>5th of the month. Set up an automatic transfer to your savings account and to your Roth IRA.</li><li>7th of the month. Set up automatic payments for your bills, like cable, utilities, car payments, or student loans.</li><li>Set up e-mail notifications. Get notified before your credit card is paid. So you can review it.</li><li>Before you start investing, add a savings goal of 3 months of bare-bones income.</li></ul>

Week 5: Automate Everything

Invest in index funds not individual stocks. Put your own behavioral psychology to work here. Invest automatically and over long periods of time.Once you’ve covered the basics (aka index funds), allocate 5-7% of your income to “mental outlets.” This is money for you to invest or spend however you like.After you’ve maxed out savings and investments, consider your most important investment: yourself. Take a course, learn new skills, and improve your career trajectory.

Week 6: Start Investing

THE INTERNATIONAL BESTSELLER WITH OVER 1 MILLION COPIES IN PRINT As seen on the new NETFLIX series! The groundbreaking NEW YORK TIMES and WALL STREET JOURNAL BESTSELLER that taught a generation how to earn more, save more and live a rich life - now in a revised 2nd edition! If you think financial health is beyond your reach, think again. I Will Teach You To Be Rich is the modern money classic that has revolutionised the lives of countless people all over the world, teaching them how to effectively manage their finances, demolish their debt, save better and get the most out of their bank accounts, credit cards and investments. Now, Ramit Sethi, who has been described by Forbes as a 'wealth wizard' and by Fortune as 'the new finance guru', is back with a completely revised second edition of I Will Teach You To Be Rich, updating it with new tools and insights on money and psychology, along with fantastic stories of how previous readers have used the book to enrich their lives. From crushing your debt and student loans to talking your way out of late fees, to dead simple investment strategies and negotiating that big raise at work, this is the no-guilt, no-excuses, no-BS 6-week programme that will help you get your finances where you want them to be.

Ramit Sethi

I Will Teach You To Be Rich

Is "the principle of reaping huge rewards from a series of small, smart choices, made consistently, over a long period of time.” Compounding requires enormous amounts of patience.For example: Would you rather have (A) $3 million upfront or (B) one penny that doubles in value every day for 31 days?To maximise your gains, the correct answer is (B). But it doesn’t happen quickly. After 19 days you’d still only have $5,243 and you might feel pretty foolish next to a friend who chose option (A).

“ You will never change your life until you change something you do daily. The secret of your success is found in your daily routine.”

Everything in your life exists because of a choice you made. Every choice has an impact on your life’s Compound Effect. You can not sleep-walk through life and expect good outcomes.Successful people aren’t more intelligent/talented, they just have habits that help them be more informed, knowledgeable, skilled, prepared, competent. It's your small (subconscious) habits and your (conscious) choices that in time compound to the person you are now. To change the future you have to change your habits and actions.

Your Choices & Habits Compound

Luck = Preparation + Attitude + Opportunity + ActionThe formula is attributed to Seneca, a Roman philosopher. He suggests that luck is not something that happens to us randomly, but rather is something that we create through:<ol><li>Preparation: Be ready for opportunities when they arise. Learn new skills, network ...</li><li>Attitude: Have a positive outlook & stay motivated when things get tough.</li><li>Opportunity: Be in the right place at the right time.</li><li>Action: Take action when opportunities arise.</li></ol>

The Luck Formula

Our brains aren’t designed to make you happy, but to survive. And the best way to survive is to seek out negatives. But 99% of the (negative) news has nothing to do with you. If you are worried all the time it will be impossible to become the best version of yourself. THE SOLUTION: Put yourself on a media diet. Find healthy alternatives to media:<ul><li>Instead of watching TV, you could read a book, go for a walk, or spend time with friends and family.</li><li>Instead of scrolling social media, read ideas on Deepstash.</li></ul>

Media Diet of Extraordinary People

Compound interest is a powerful force, and it can help you grow your wealth and life in general.

productivity

Productivity

Your relationship with money is shaped by many factors, including your upbringing, education, cultural background, and personal experiences. These factors create your money story, a narrative that informs your beliefs, attitudes, and behaviors regarding money.

To change your relationship with money, you need to understand your money story and how it has influenced your financial decisions.

Ask yourself☆ What messages did I receive about money growing up? ☆ How did my parents handle money? ☆ What were my earliest memories of money? ☆ How did I feel about money when I started earning it? ☆ What are my current beliefs about money and wealth?

These questions can help you uncover unconscious beliefs and patterns that may be sabotaging your financial success.

If you grew up hearing that "money is the root of all evil," you may have an underlying fear of wealth that prevents you from pursuing financial opportunities.

By understanding your money story, you can begin to challenge limiting beliefs and replace them with empowering ones. You can also identify areas where you need to develop new skills or knowledge to improve your financial situation.

Take some time to reflect on your money story and how it has shaped your financial reality.

Your money story may be sabotaging your financial success!

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﻿Develop the confidence and resilience to live lives on your own terms.The Courage to Be Disliked is a self-help book written by Ichiro Kishimi and Fumitake Koga that aims to help readers develop the confidence and resilience to live their lives on their own terms. The book is based on the philosophical ideas of Alfred Adler, a pioneering psychotherapist who believed that humans are driven by a desire to feel significant and that this desire shapes their behavior and personality.

The Courage to Be Disliked by Ichiro Kishimi and Fumitake Koga  

This part of the book introduces the philosophical ideas of Alfred Adler and provides an overview of his approach to psychology and self-improvement.

Part 1: Introduction to Adler's Philosophy

This part of the book explores the importance of self-acceptance and the idea that we are all worthy of love and respect, regardless of what others may think of us. It covers topics such as the dangers of seeking approval from others and the value of embracing our unique qualities.his part of the book focuses on the importance of developing the courage to be disliked, or the ability to stand up for ourselves and our beliefs, even in the face of criticism or rejection. It provides practical advice and strategies for cultivating this type of courage and resilience.

Part 2: The Importance of Self-Acceptance

This part of the book provides practical examples and case studies of how Adler’s philosophy can be applied in everyday life, as well as tips and strategies for implementing it in your own life.

Part 4: Applying Adler's Philosophy in Practice

We are all driven by a desire to feel significant and this desire shapes our behavior and personality. According to Adler’s philosophy, humans are driven by a deep-seated need to feel significant and meaningful, and this need shapes our behavior and personality. When we feel significant, we are more confident and resilient, and when we feel insignificant, we may feel anxious or depressed. By understanding this fundamental human desire, we can better understand our own behavior and find ways to cultivate a greater sense of meaning and purpose in our lives.

Here are some key learnings from The Courage to Be Disliked:

Self-acceptance is crucial for living an authentic and fulfilling life. According to Adler, we are all worthy of love and respect, regardless of what others may think of us. By embracing our unique qualities and accepting ourselves as we are, we can live more authentic and fulfilling lives. This requires a willingness to let go of the need for external validation or approval and to focus on our own values and goals.

Self-acceptance is crucial for living: -

Developing the courage to be disliked, or the ability to stand up for ourselves and our beliefs, is essential for living a meaningful and fulfilling life. This requires a willingness to take risks and to speak our truth, even in the face of criticism or rejection. By developing this type of courage and resilience, we can live more authentic and fulfilling lives and make a positive impact on the world.

Developing the courage to be disliked

The fear of rejection or failure can hold us back and prevent us from living our lives on our own terms. This fear is often rooted in a deep-seated fear of insignificance, and it can prevent us from pursuing our goals and dreams. By developing the courage to be disliked, we can overcome this fear and live more authentic and fulfilling lives.

The fear of rejection or failure

Adlerian psychology posits that every individual has a unique set of tasks that they must complete in order to feel fulfilled and satisfied with their lives. These tasks may be related to career, relationships, or personal growth.

The concept of "life tasks": 

Adler believed that individuals who are able to connect with others and contribute to society are more likely to be happy and successful.

The importance of social interest:

The book emphasizes the importance of taking responsibility for one’s own life and making independent choices rather than relying on others or external circumstances to dictate one’s happiness.

The power of choice:

The book encourages readers to reflect on their own thoughts, feelings, and behaviors in order to gain a better understanding of themselves and their motivations.

The importance of self-awareness: 

“An inferiority complex is a feeling of inadequacy or inferiority that arises from comparing oneself to others.”“In order to live a fulfilling life, it is necessary to face and overcome one’s own inferiority complex and to take responsibility for one’s own happiness.”“The most important thing in life is not what others think of us, but what we think of ourselves.”“The power to choose is the foundation of human dignity, and it is also the source of human happiness.”“The fear of being disliked is a fear of losing the approval or acceptance of others. It is a fear of being isolated or rejected.”

Quotes: -

The Courage to Be Disliked is a self-help book that aims to help readers understand the philosophy of Alfred Adler, a 20th-century psychiatrist and psychotherapist, and apply it to their own lives. Adler’s philosophy centers on the idea that individuals are driven by a sense of inferiority and a desire to overcome it. According to Adler, the way to overcome this feeling of inferiority and achieve personal growth is to take responsibility for one’s own life and to seek to improve oneself and one’s relationships with others.

Conclusion: - 1.

Throughout the book, Kishimi and Koga explore Adler’s ideas and provide practical advice and strategies for developing the courage to be disliked. They argue that by learning to stand up for ourselves and our beliefs, we can live more authentic and fulfilling lives.

Overall, The Courage to Be Disliked encourages readers to be brave and confident in themselves, to stand up for their beliefs and values, and to live a life that is true to who they are, rather than trying to please others or fit in with societal norms.

“Marie Kondo, but for your brain.” —HelloGiggles “Compelling from front to back. Highly recommend.” —Marc Andreessen Reading this book could change your life. The Courage to Be Disliked, already an enormous bestseller in Asia with more than 3.5 million copies sold, demonstrates how to unlock the power within yourself to be the person you truly want to be. Is happiness something you choose for yourself? The Courage to Be Disliked presents a simple and straightforward answer. Using the theories of Alfred Adler, one of the three giants of nineteenth-century psychology alongside Freud and Jung, this book follows an illuminating dialogue between a philosopher and a young man. Over the course of five conversations, the philosopher helps his student to understand how each of us is able to determine the direction of our own life, free from the shackles of past traumas and the expectations of others. Rich in wisdom, The Courage to Be Disliked will guide you through the concepts of self-forgiveness, self-care, and mind decluttering. It is a deeply liberating way of thinking, allowing you to develop the courage to change and ignore the limitations that you might be placing on yourself. This plainspoken and profoundly moving book unlocks the power within you to find lasting happiness and be the person you truly want to be. Millions have already benefited from its teachings, now you can too.

humanresources

Human Resources

A single book can change your life. Already an enormous bestseller in Asia, with more than 3 million copies sold, The Courage to be Disliked demonstrates how to unlock the power within yourself to be the person you truly want to be. Using the theories of Alfred Adler, one of the three giants of 19th century psychology alongside Freud and Jung, it follows an illuminating conversation between a philosopher and a young man. The philosopher explains to his pupil how each of us is able to determine our own lives, free of the shackles of past experiences, doubts and the expectations of others. It's a way of thinking that's deeply liberating, allowing us to develop the courage to change, and to ignore the limitations that we and those around us can place on ourselves. The result is a book that is both highly accessible and profound in its importance. Millions have already read and benefited from its wisdom. Now that The Courage to be Disliked has been published for the first time in English, so can you

Ichiro KISHIMI Philosopher, Adlerian psychologist and translator of English and German languages. Born in 1956.M.A.in philosophy from Kyoto University. Director of the Japanese Society of Adlerian psychology. Former counselor at Maeda Clinic in Kyoto and has taught philosophy and ancient Greek at various institutions such as Kyoto University of Education and Nara Women's University. He presently teaches educational psychology and clinical psychology at Meiji School of Oriental Medicine in Suita, Osaka. Kishimi now has his own private counseling office in Kameoka, Kyoto, and devotes his time to giving lectures on Adlerian Psychology and child education.

Ichiro Kishimi

Fumitake Koga is an accomplished writer whose work has resonated with readers around the world. Fumitake Koga has published several books that explore a range of topics, from fiction to nonfiction, and has received critical acclaim for the ability to weave compelling narratives. Fumitake Koga's writing style is known for its depth and authenticity, and has earned quite a loyal following of readers.

Fumitake Koga

The Courage to Be Disliked

Men of action are favoured by the goddess of good luckTo attract good luck to oneself, it is necessary to take advantage of opportunities

Meet The Goddess Of Good Luck

1. Money comes gladly and in increasing quantity to any man who will put by not less than one-tenth of his earnings to create an estate for his future and that of his family.2. Money labours diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks of the field.3. Gold clings to the protection of the cautions owner who invests it under the advice of men wise in its handling.4. Gold slips away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those skilled in its keep.

The Five Laws Of Money

5. Money flees the man who would force it to impossible earnings or who follows the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.

Lessons learnt1. If you desire to help your friend, do so in a way that will not bring your friend's burdens upon yourself.2. The wise lender wishes not the risk of the undertaking but the guarantee of safe payment.3. Money wisely lent may even double itself with its earnings before a man like you grows old.4. Better a little caution than a great regret.

The Gold Lender Of Babylon

We cannot afford to be without adequate protection

The Walls Of Babylon

1. Your debts are your enemies.2. Where the determination is, the way can be found.

The Camel Trader Of Babylon

1. 10% of what you earn shall be set aside as your own to keep.2. 70% of what you earn shall be used to provide a home, clothes to wear, and food to eat, with a bit extra to spend, that your lives be not lacking in pleasure anf and enjoyment.3. 20% of what you earn shall be divided honorably and fairly among those to whom you are indebted.

The Clay Tablets From Babylon

Remember..... Work well done does good to the man who does it.....No work to do is bad for any man.......

The Luckiest Man In Babylon 

This was a great book about money management for a person in any stage of his life.....

The Richest Man in Babylon is a book by George Samuel Clason which dispenses financial advice through a collection of parables set in ancient Babylon. Through their experiences in business and managing household finance, the characters in the parables learn simple lessons in financial wisdom. By basing these parables in ancient times, but involving situations that modern people can understand and identify with, the author presents these lessons as timeless wisdom that is as relevant today as it was back then. The book began in 1926 as a series of informational pamphlets. Banks and insurance companies began to distribute these pamphlets, and the most famous ones were eventually compiled into this book.

The Richest Man in the Babylon. This book deals with the personal success of each of us. Success means results coming from our efforts and ability. A good preparation is the key to our success. So keep a part of what you earn with yourself. From the benefits of saving to the essentials of getting rich, this collection of educative Babylonian fables gives you timeless information on how to make money. It guides to getting rich, attracting good fortune and the five golden rules. As a guide to understanding hydro-wealth and a powerhouse has been inspiring readers for generations. You know that Babylon became the richest city of the ancient civilization because it had reserved part of its earnings for the future. Thats why citizens got everything they wanted. How can you always keep your wallet heavy, the author has taught very beautifully on this topic.

George Samuel Clason, also known as George S. Clason. George Samuel Clason was born in Louisiana, Missouri, and died in Napa, California.During his eighty two years he was a soldier, businessman and writer. He served in the United States Army during the Spanish-American War.Clason started two companies, the Clason Map Company of Denver Colorado and the Clason Publishing Company. The Clason Map Company was the first to publish a road atlas of the United States and Canada, and did not survive the Great Depression.George Clason is best known for writing a series of informational pamphlets about being thrifty and how to achieve financial success. He started writing the pamphlets in 1926, using parables that were set in ancient Babylon.

George S. Clason

The Richest Man In Babylon

The Richest Man in Babylon

<ul><li>Rich people don't work for money, they hire other people to work for them. Rich people are employers not employees. Every dollar put into there assest colum is like a hard working employee who makes more money for them.</li></ul>

The Rich Don't Work For Money, They Make Money Work For Them

<ul><li>Assets is something which puts money in your pocket.</li><li>Liability is something which takes money out of your pocket</li><li>Rich people focus on building thier asset colum and minimizing their liabilities </li></ul>

Asset Vs Liability 

<ul><li class="ql-align-justify">Many people make decisions by their emotions and don't use their brain especially when it come to money</li><li class="ql-align-justify">They buy expensive things because of thier desires and when they run out of money this desire converts into fear.</li><li class="ql-align-justify">As a result the person works hard and earn more money, so their desires also increases with the money. Then they spend this money on more desires and when they run out of money their desires convert into more fear. And the cycle continues</li></ul>

Emotions Are Dangerous 

<ul><li class="ql-align-justify">The most important thing is education. Keep learning something new each day cause KNOWLEDGE IS POWER.</li></ul>

Education 

education

Learning & Education

Although we have been successful in our careers, they have not turned out quite as we expected. We both have changed positions several times-for all the right reasons-but there are no pension plans vesting on our behalf. Our retirement funds are growing only through our individual contributions. Michael and I have a wonderful marriage with three great children. As I write this, two are in college and one is just beginning high school. We have spent a fortune making sure our children have received the best education available. One day in 1996, one of my children came home disillusioned with school. He was bored and tired of studying. “Why should I put time into studying subjects I will never use in real life?” he protested. Without thinking, I responded, “Because if you don't get good grades, you won't get into college.” “Regardless of whether I go to college,” he replied, “I'm going to be rich.”

Kiyosaki is best known for his book Rich Dad, Poor Dad, the #1 New York Times bestseller. Kiyosaki followed with Rich Dad's CASHFLOW Quadrant and Rich Dad's Guide to Investing.

Robert T. Kiyosaki

Rich Dad, Poor Dad

Rich Dad Poor Dad - What the Rich Teach Their Kids About Money

Life is unpredictable and can throw unexpected expenses at us at any moment. Having a savings buffer allows us to tackle emergencies such as medical bills, car repairs, or a sudden job loss without falling into debt or financial distress.

Why do we need to save money?

The key to building wealth is patience. Understand that building wealth takes time, and try not to make it too complicated.Let's assume you make $3,000 a month, you spend $2100 and save $900.Now let us group our savings into sub-categories -<ul><li>Retirement Account</li><li>Emergency Fund</li><li>Savings</li><li>Bonds</li></ul>

The secret of building wealth

Let's say you are 30.You plan to retire at 60.Your life expectancy is 80.Your future monthly expenses are $1500 per month.Now let's calculate your retirement savings.=> Future Monthly Expenses * Months in a Year * Number of Years=> $1500*12*20 = $360,000.According to our calculations, if you save $300 per month for 30 years at a 7% compound annual return, you will have $368,126.25 waiting for you in uour retirement account.

Retirement Account

They are the expenses that may occur unexpectedly. Aim to save at least three to six month's worth of living expenses in an easily accessible account.Emergency Fund Required = Monthly Expenses * Number of Months=> $2,100 * 3 = $6,300 If we save 20% or $180/month of our savings amount for our emergency fund, in 2 years & 11 months we will have $6300 in our account.

Emergency Fund

Savings accounts often offer a modest interest rate 2.5-5% more or less , allowing your money to grow over time through compound interest. They are helpful to reach your goals or for any big investment you may have in the future.Aim to allocate 20-25% into your savings account.Assuming your bank gives 3% interest, if you save 25% or $225, after a year you will have $2,743.88 in your savings account.

Savings

Bonds are low-risk investments that provide a fixed income over time. Including bonds in your investment portfolio can provide stability and consistent returns, especially for long-term financial goals. Saving the rest of your money, $195 at 5% interest rate.Starting from July 2023, after 10 years you will have $29,493.75 .

Bonds

Building wealth is simple - It requires patience. Here are 4 simple ways to multiply your wealth and save yourself from any future financial distress.

Life is unpredictable and can throw us into financial distress at any moment. Having a savings buffer allows us to tackle emergencies such as medical bills, or a sudden job loss.

How To Build Wealth And Supercharge Your Savings?

Find 100+ Ideas and Facts about Money - Curated from interesting sources like Books, Podcasts & Articles - Genuine Insights from like-minded Users like You!

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It's time to
Read like a Pro.

The Compound Effect

How To Become A Millionaire, According to Barbara Corcoran

I Will Teach You To Be Rich

The Compound Effect

Tweet / X

The Courage to Be Disliked

The Richest Man in Babylon

Rich Dad Poor Dad - What the Rich Teach Their Kids About Money

How To Build Wealth And Supercharge Your Savings?

How Anyone Can Earn a (Much) Higher Income - Proctor Gallagher

It's time to Read like a Pro.

It's time to
Read like a Pro.