Money Master The Game: 7 Simple Steps to Financial Freedom by Tony Robbins – a Book Review

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Everyone drinks for a reason.

Some like the taste; it chills others out, and there are those that grow in confidence. Then you have the oxymoron lovers believing social experiences are not worth remembering without it, and those that think a bottle of red wine removes stress caused by money. People fear not having enough; others fear losing what they have, and a select few fear about having too much.

They say money is the root of all evil. I’m not so sure. But, it’s the root of every gnarly looking tree in my backyard. I always knew my Dad was full of shit when he said money didn’t grow on trees.

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How to Become a Money Magnet Book Review

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Do you worry about money?

Does your lack of it impede progress?

Are there places in the world you would like to visit? Training courses that you would like to complete? Is there a car that you dream of owning? Do you want to give money to charity but don’t feel you earn enough? Are you deep in debt? Do you have a huge mortgage? Do you live from paycheck to paycheck?

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The Diary of the Needy Helper – Financial Milestones

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Alcohol can affect your life in a myriad of ways, one of which is financial.

I’m not talking about the cost of actually buying the poison. Instead, I am talking about the numbing effect that excessive drinking has on the brain, and how it transfers into your daily life. You don’t think in the right way. Things get out of control pretty easily, and you can’t seem to figure a way out.

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The Conspiracy of the Rich by Robert Kiyosaki a Book Review

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The one thing that I love about Robert Kiyosaki is his ability to turn a complex issue into something simple, and this is one of the reasons that I turned to The Conspiracy of the Rich after failing in my attempt to increase my financial intelligence by reading The Web of Debt by Ellen Hodgson Brown. This must be the fourth, or fifth book, that I have read from Kiyosaki and I have always learned something from each one of them – this is no exception.

Each section of the book was written entirely online during the 2007-08 economic crisis. I remember reading the specially created blog, at the time, and it was a great idea as it gave readers the opportunity to make comments which no doubt helped Kiyosaki find the right balance of direction and content when completing his book.

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Reducing Debt by Attacking Your Groceries

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The price of your favourite supermarket brands is falling by as much as 19%, as global wholesale food prices tumble. This drop in price has seen the supermarket chains locked in a battle to win the hearts of the consumer, with the introduction of a growing number of innovative discount packages, aimed at saving you even more money. In short, it’s a great time to be a supermarket shopper in the UK.

Last week, I wrote an article about the difference between good debt and bad debt, and if you read it you will recall that I said that credit cards could be used to accrue good debt if used appropriately. In that article I covered the use of the British Airways American Express card to reduce airfare costs, and its good to see that the supermarkets are joining the party with their own brand of credit card. Both Sainsburys and Tescos have credit cards that produce cash back if used in their store. I don’t advocate shopping at the same store, but if you do then you should get yourself one of these credit cards and use it purely for shopping. Set yourself a budget for groceries, withdraw the cash from your bank and place it into an envelope. Then when you go shopping make sure you do not exceed your budget, but use your credit card to pay the bill. Then at the end of the month you take the money out of your envelope and pay of your credit card balance. This way you can earn money through the cash back offers that the supermarket will provide you with for using their credit card.

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Book 2: The Web of Debt – by Ellen Hodgson Brown

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“By 2006, combined personal, corporate and federal debt in the United States had reached 44 trillion dollars – four times the collective national income, or $147,312 for every man, woman and child in the country. By September 2008, the debt of the U.S government had hit $10 trillion; and by November 2011, it was $14.98 trillion.” – Ellen Hodgson.

I am always searching for books that can improve my financial intelligence because money has always been one of the keystone elements of my relationships. When I talk about relationships I mean those with my parents, my child, my partners, my siblings and people that I am connected to in the world of business.

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Book 38 of 52 – Market Wizards by Jack D.Schwager

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Jack D.Schwager is an author, fund manager, futures and hedge fund expert and a bloody great interviewer. The idea to read the book came from Talal Shakerchi who I had met after his participation in the World Series of Poker (WSOP): Big One for One Drop: an event that cost Shakerchi $1 million just to take a seat. Shakerchi is a Hedge Fund manager based in London who views poker as nothing more than a hobby.

The idea to read the book came about after I queried Shakerchi on investment strategies. I had spent my entire life in debt, including at one point as much as £30,000 in credit card debt. Suddenly, I was debt free and was putting 10% of my income into a separate bank account. I had no idea what I was going to do with it hence by decision to talk to Shakerchi about investments.

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Help With Money – Step 4: Managing Your Money

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“Your balance on account number 6726654 is £2,765 over drawn. Main menu.”

I used to detest checking my bank account. That sentence still reverberates around my mind like a dull ache. The robotic monotonous voice of the lady changing my mood as soon as I had dialled my banks telephone helpline. Of course, it wasn’t the robots fault – it was my fault – but I hated her all the same. Everyone needs someone to blame, and when it came to my consistent lack of funds I blamed the robotic lady from Barclays Bank.

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Book 25 of 52: The Richest Man in Babylon by George S. Clason

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If you want simple and effective financial advice, in the shortest number of pages possible, then you will just love The Richest Man in Babylon by George S. Clason. A few years ago, whilst experiencing Rich Dad financial education a number of financial books were recommended by my course tutor, and one of them was The Richest Man in Babylon. It seems I forgot about the little gem until I was sorting through my library just last week.

The classic financial book weighs in at a miniscule 144-pages, but each one of them packs a financial punch soaked in rocket fuel. The point that the book quite cleverly demonstrates is that sound financial advice has been pretty much the same for an exceedingly long time. In fact, this book was originally released as a series of pamphlets way back in the early 1920’s.

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Pick of The Week: The June Personal Budget Review

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On Wednesday, I wrote The Needy Helper Financial Step 3: Don’t Spend What You Don’t Have and in this blog post I explained that I had created a budget forecast for the month of June. So how did I do? Let’s find out.

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