Money Is My Friend Book Review: Financial Independence Is Here
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Money Is My Friend is in my opinion single handedly the greatest book on building wealth consciousness or prosperity/abundance consciousness ever written. The entire point of this book is that if you apply what he says you will be permanently prosperous.
First, the book helps you eliminate all and any reasons you may have that are not allowing you to live a life full of abundance.
The core concept that this book focuses on is using positive and very specific affirmations about wealth and money such as:
*It is now OK for me to be overpaid.
*It is OK for me to earn more money than my parents.
*The value of my work is going up in everyone else's opinion.
The other core concept this book focuses on is having multiple savings accounts for multiple purposes. Specifically 7 though I may even recommend that you would want to have more.
The idea is that each savings account has a specific purpose and intention.
You have to have a reason to save in order to begin to accumulate wealth.
If you save for a new car then that's exactly where all of the money you have been saving is going.
The book actually recommends AGAINST having a savings account for a rainy day, the author claims that is a self fulfilling prophecy. You must only save for what you want the money to be used for. Save for 0 rainy days and your life will have 0!
May you forever be rich and prosperous,
Lux