Have You Decided To Be Rich?

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Last week while on an airplane, I finally caught up on some reading. I brought three books with me… Millionaire By Thirty, You’re Broke Because You Want To Be, and 422 Tax Deductions for Businesses and Self Employed Individuals.

While reading You’re Broke Because You Want To Be, Larry Winget wrote something that stuck with me.  Loosely paraphrased it was “if you want to be rich, you need to make the decision to be rich.” I thought that it sounded pretty obvious, perhaps a little too obvious for the average person to think about. I tried to think back to when I was 24, and I clearly hadn’t decided to be rich. I was preoccupied with trying to woo the hot girl from my Spanish class, making my boss happy, drinking a little more than I should, and just about anything other than getting rich.

Flash forward to this plane ride… I could have brought the copy of the Buffy Season 8 Comic Book which my wife got me for Christmas. I have been looking forward to reading it for some time. However, here I was with three financial books… one being possibly the most dry topic off all-time… 422 Tax Deductions… and tax time is a good 10 months away!

I don’t know when I made the decision to be rich, but it seems that I clearly did.  I have no other explanation as to why I would bring those financial book vs. a book that I’ve been looking forward to.  I obviously still have a long way to go, but I think I might be moving in the right direction.

Have you made the decision to be rich?  If so, how has the decision impacted your finances?

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Psychology

Posted by Lazy Man on June 10, 2008 You can skip to the end and leave a response. Pinging is currently not allowed.

15 Responses to “Have You Decided To Be Rich?”

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  1. 15
    The Shark Investor Says:

    All I care about is to be financially free (well, I still have to work on that). But being rich with millions, luxury cars and all that simply does not look that exciting to me.

  2. 14
    Lazy Man Says:

    Hey, be nice, Learn2Spell… I often make similar mistakes, not because I don’t know witch (ha ha) is the correct version to use, but because I write how the word sounds in my head. I really have to focus to knot (again) make mistakes like that.

  3. 13
    Learn2Spell Says:

    Tcstone- apparently it didn’t make enough of a difference to master the English language.

  4. 12
    Lazy Man Says:

    Short answer is that it’s very good… longer answer will have to wait for a more in depth review.

    I’m also only halfway through it, but it’s very much a reference book. You look up a topic like “computers” and it gives you information for when you can and can’t deduct computers and the like.

    It doesn’t replace a good tax person, but it will help you get the most of the tax person.

  5. 11
    Pamela Says:

    So, other than being very dry, how was the tax book? Is it a good read for the self-employed?

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