Start Thinking Rich (eBook)

21 Harsh Truths to Take You from Broke to Financial Freedom

Adrian Brambila, Brad Klontz (Autoren)

eBook Download: EPUB

2024
328 Seiten
Wiley (Verlag)
978-1-394-27654-7 (ISBN)

Infos

Incisive guide to transform your relationship towards money and finally start building real wealth

Start Thinking Rich: 21 Harsh Truths to Take You from Broke to Financial Freedom delivers an inspirational, tough-love, and step-by-step guide for readers to finally start building their own legacy of wealth no matter where they're starting from. Filled with proven money-making, saving, and investment strategies, this book helps readers take an honest look at their spending habits, unconscious biases about money, and self-sabotaging money behaviors in order to start living their best lives.

Heavyweight institutional finance executive Dr. Brad Klontz and self-made millionaire Adrian Brambila combine their expertise, grit, and firsthand knowledge to provide unparalleled and eye-opening perspective on topics including:

• Your ideal path to success as either an employee, entrepreneur, or 'grinder'
• Trauma-based psychology that leads to a counterproductive 'broke mindset'
• The value of education in sidestepping common financial pitfalls
• Steps to increase and diversify income, save what you make, and grow your money in your sleep

Start Thinking Rich: 21 Harsh Truths to Take You from Broke to Financial Freedom earns a well-deserved spot on the bookshelves of all ambitious individuals who are sick of tepid, uncontroversial, and ultimately ineffective financial advice, and want to cut through the noise to discover highly effective wealth-building moves that are proven to work.

DR. BRAD KLONTZ is an expert in financial psychology, financial planning, and applied behavioral finance. He's an Associate Professor of Practice at Creighton University Heider College of Business and Managing Principal of YMW Advisors, which manages over half a billion dollars for ultra-high-net-worth clients.

ADRIAN BRAMBILA is one of the leading money and marketing influencers on social media, where he documents his lifestyle of being a millionaire who lives in his van and transparently shows how he was making over $100K a month with only a day of WiFi per week.

Textauszug

INTRODUCTION

People hate this statistic, but almost 90% of millionaires are self-made. Why do people reject this proven fact? Because it implies individual accountability if you don’t become a millionaire. Instead of embracing personal responsibility, it’s much easier to blame the system, other people, or the circumstances in which we were born and raised. Start Thinking Rich is here to blow those excuses and myths out of the water. This book serves as an invitation to learn the timeless truths about how to become rich and what pitfalls to avoid if you’re sick of being poor and want a way out. If you’re looking for a cuddly, uncontroversial book that soothes you and makes you comfortable in your situation rather than empowering you to change it, this is not the book for you. But if you’re ready to take an honest look at your spending habits, your subconscious biases about money, and your self-sabotaging money behaviors and make wealth-building moves, this book will be life-changing for you.

There is a big difference between being poor and being broke. Broke means that you have no money. It is a temporary condition. Many people have money at the beginning of the month but have none at the end. We know people making six-figures a year who are broke. They get their money, they spend their money, and then it’s all gone. We don’t want you to be broke. This book is designed to take you from broke and stuck to financial freedom. But to do that, you first need to stop being poor. When we refer to “poor” throughout this book, we are talking specifically about a “poor mindset.” While broke is temporary, an unexamined poor mindset can be permanent and keep you broke forever. If you want to get rich, you need to stop thinking poor and Start Thinking Rich.

This book is your manual to help you Start Thinking Rich. If you want to climb the socioeconomic ladder, you need to do things differently, but it all starts with having the right mindset. The first mindset shift is to take ownership of your current situation around money. In other words, it is accepting that you are where you are right now financially because of how you, or your parents, or your grandparents think about money. This concept can be a bitter pill to swallow but allow us to repeat it: if you aren’t willing to take responsibility for shifting your poor mindset to a rich mindset, you will be broke forever. This is easier said than done, in part because of all the bullshit and noise about money that surrounds you. For example, social media is full of lies about how rich people think and behave around money. We wrote this book as the manual we wish we had when we were younger. We are proud of where we are, but the fact is, we would have arrived here even faster if we had known all the things we are going to share with you in this book.

We promise to tell you the truth about yourself, money, and how to get rich – to the best of our knowledge and ability. Adrian Brambila, the son of immigrant parents from Mexico, rose to TikTok stardom by redefining “real wealth,” and showcasing his journey of earning $1.7 million in one year while living in a van.

Brad Klontz, PsyD, CFP® is a financial psychologist, professor, and researcher who has co-authored eight books on the psychology of money. He comes from a broken family and grew up poor but still became a millionaire in his 30s. Today, he is the world’s leading expert in the psychology of money.

We first met on social media in 2019, as we resonated with each other’s messages around the importance of mindset in creating wealth. Since then, we’ve learned so much from each other, so it was natural for us to become friends. In the past several years, we have collaborated on content and courses to help people become successful with money and on social media and joined forces for this book based on a shared passion to help others achieve financial freedom.

Together, we are combining our expertise, grit, and firsthand knowledge to write the most comprehensive book about money mindsets the world has seen. We use our proven money-making, saving, and investment strategies to take readers from “poor me, I’m broke,” to “I’m rich and it’s awesome!” With a combined social media following of over three million, we know how desperately people want to learn the secrets to going from broke to rich. We also know that many of the readers of Start Thinking Rich are going to find these harsh truths controversial. Even though they are backed up by statistical evidence, there will be some resistance. That’s perfectly okay. Dr. Brad is a psychologist and has mind hacks that will bypass your natural psychological resistance to getting out of your own way so you can become the millionaire you want to be.

Start Thinking Rich is not just a money strategy book. It’s a conversation about the hard lessons we’ve learned and the ways we’ve improved our financial health. It delivers actionable solutions to increase and diversify your income, save what you make, and grow your money in your sleep. It combats your inherent mental blocks to getting rich. Using Dr. Brad’s research and financial psychology expertise, and Adrian’s immigrant family upbringing and business building strategies, we’ll challenge every excuse you can think of that will keep you stuck in a poor mindset. We truly believe that you have the potential to become a millionaire. You just need to find your path and stick with it.

Dr. Brad: Growing up poor in a working-class town in Michigan, my childhood was full of financial struggles, family drama, and trauma, including the violent death of a sibling. Despite these challenges, I made three promises to myself: (1) to build a loving and enduring relationship with the future mother of my children, (2) to establish a secure and nurturing environment for my family, and (3) to attain financial success, affording me the freedom to pursue my passions, prioritize family time, and provide my children with opportunities I never had. Today, I’m proud to say that I’ve accomplished and continue to pursue these goals.

However, the toughest obstacle I faced was the lack of role models who had achieved such aspirations themselves. How could those who hadn’t succeeded in these areas teach me how to do so? How could they impart the necessary mindsets and strategies? Frankly, I wasn’t sure if achieving these goals was even possible for me, let alone how to accomplish them. So I had to learn the hard way, through trial and error, making numerous mistakes along the way.

The purpose of this book is to provide you with the guidance I wish I had received earlier in life. I aim to be the mentor I never had, speaking candidly and directly, just as I do with my coaching clients behind closed doors, free from fear of censorship. While the truths shared may initially seem harsh, I urge you to keep an open mind and be willing to challenge your beliefs. Know that I have faith in your ability to create the life you desire.

Adrian: The first time I met a really rich person was when I got invited to the auto-tune singing rap star T-Pain’s house in Atlanta, Georgia. I had just landed the opportunity of a lifetime to dance for him professionally as a robot dancer and I remember my jaw dropping when we pulled up to his house. Dozens of pimped-out vehicles, a mansion the size of a castle complete with its own salon, arcade, and club had me in shock. T-Pain was only four years older than my broke college self and that opened my eyes to believe that anyone is capable of achieving great wealth. T-Pain came from nothing and used to sell fish out of a stand in Florida. One day T-Pain showed us a song before it launched publicly. I remember when he launched it looking at the numbers and realizing within 10 minutes of launch it had over a million downloads on iTunes. Back then each iTunes download was $0.99, so in other words I watched someone make over a million dollars in minutes. It was this moment that set me on the path to discover ways where I could also launch something and make a million dollars. I haven’t replicated T-Pain’s success by any stretch, but I have radically changed my family tree having made over $100,000 in a year, in a month, in a week, and even in a day through internet entrepreneurship.

My mom grew up poor in Bakersfield, California, and my dad grew up in poverty in Jalisco, Mexico, and they did everything in their power to make sure I didn’t have the same struggles they did. They saved every penny so that I could go to college and graduate debt free. Make no mistake, this is a HUGE advantage I was given, and I’ll always be forever indebted to them in gratitude for their selfless financial act, especially considering where they came from. Sometimes I think in my head “my family didn’t suffer through decades of poverty, immigrate to the United States, and pay their life savings for my college for me to be a broke-ass Mexican American. I have no other choice but to take us all the way to the 1%.” I became a millionaire by the time I turned 30. When I first became a millionaire I hired my dad, then my mom, and now even my wife, and we all work together. This book is the tactical playbook and tough mindset you need to go from poor to rich. It’s the life lessons of two authors who started from the bottom and became multi-millionaires in different ways. It’s the data you need to help you conquer your biases and...

Produkt-Details

• Erscheint lt. Verlag: 23.10.2024
• Sprache: englisch
• Themenwelt: Sachbuch/Ratgeber ► Beruf / Finanzen / Recht / Wirtschaft ► Geld / Bank / Börse
• Themenwelt: Recht / Steuern ► Wirtschaftsrecht
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management
• Schlagworte: diversify income • Financial advice • Financial Wellbeing • increase savings • internet business • investment strategies • money biases • Passive income • personal finance • side hustles • trauma money • wealth building • Wealth Creation
• ISBN-10: 1-394-27654-0 / 1394276540
• ISBN-13: 978-1-394-27654-7 / 9781394276547