Merciless: newcomer depends on master

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And the master is happy. I don't really want to call myself a master, but I was left behind.

A young guy, just finished his studies, wanted to have a few tips from me, about what to look for, when it comes to finance, when starting his career/job.

Since I have been dealing with this topic for some time, I have read interesting books and I visited some of the best seminars on the subject, I have spoken to my colleague about finance. I gave him a book recommendation: Bodo Schäfer: 1 million in seven years.

And gave him the tip not to read the book.

He should study it. Bodo Schäfer is one of the most successful money coaches here in Germany. He should study the book and do the exercises that came with it.

After three months I saw him again and he had read the book and wanted more information and on the subject. I gave him the recommendation to read Robert Kiyosaki's book: Rich Dad, Poor Dad and to save and invest at least 10 percent of his income from now on.

I warned him about the devil´s vortex: earn more money, buy a bigger car, buy a bigger house, have more luxury and save nothing of Your money.

Now I see him after 6 months: He managed to save 30% of his income and now wanted to know how to invest the money wisely.

Wow! Most people run out of money at the end of the month. He managed not only 10, but 30% to cover!

Even I haven't been able to do that. Incredible. He overtook me. I am glad that he followed my advice.

If he can now learn the principles of investing, he will be rich in a few years, he will be financially free sooner than others.

I'm excited

Evangelos

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Recent Comments

12

Thank you for this post. I found it interesting and food for thought.

Greg

You are so welcome, have a great week. Cecelia 🌸

Hello Evangelos, Such a incredible post, tips from a Master to newcomer (newbie). How this student have been told what to do, and how to secure his future. It’s the same as our WA Masters, Kyle and Carson. If we as Members follow there trainings, get involved with discussion, interact with the Community which is by far the best we’ll ever find. Get involved with every aspects of WA. We will turn our life around. It will take time and hard work. We Can Do It ✔️ Here’s to Your Success in the Near Future 🥂

Very motivating to do reading more

Reading the right books and again the action piece can change lives
Great post
TIM

You've inspired me to study the book. Thanks.

Absolutely, 100% recommended.

Thanks

Evangelos

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