A1 Trading Company

Ticker tape by TradingView

September 30, 2020

3 Books Every Aspiring Millionaire Must Read

Bart Kurek

Hi everyone! I see you're here because you want to develop your interest in personal finance and entrepreneurship. I'm TraderBart with A1 Trading, and I'll be talking about three books, which helped me build my millionaire mindset.

Honourable Mention

I wouldn't say this book deserves the Top 3 list; however, I believe this book should be the first you read before getting into others. It introduces financial literacy, assets vs liabilities, and building wealth from personal finance. This book was the book that changed my life forever that taught me the principles of money and wealth, and it was the first book I was able to read since leaving high school three years ago now.

The book itself is about Kiyosaki's childhood, where he had a rich dad and a poor dad. The poor dad was his actual father, and his rich dad was his best friends dad. Overall it is a fantastic book; it's enjoyable and very educational. This isn't the best entrepreneurial book out there, but I can vouch that this book turns on that "switch" in your head. It makes you think twice about the real importance of money.

#3 - Self Made : The Definitive Guide to Business Start-Up Success

Self Made is a great comprehensive book for anyone wanting to gain success from running their own business. The book covers every tier of the business development process, from start-up to exit, offering practical, implementable and global advice on the start-up process. Additionally, it features interviews with well-known entrepreneurs, entertainers and industry experts.

The book provides straightforward advice on turning a standard business into a commercially viable proposition. It advises the common mistakes to avoid and helps you create a sustainable enterprise that will flourish in success.

#2 - The 4-Hour Work Week : Escape the 9-5, Live Anywhere and Join the New Rich

In this book, Ferriss discusses the years he has spent testing various entrepreneurial ventures and working regular jobs. He has worked extremely hard over the years to be able to earn $40,000 a month. He gets to say he works ‘four hours a week’ because he did the hard work for years, then learned how to delegate and prioritise tasks better.

Ferriss’ epiphany was that happiness primarily comes from time and freedom, which he calls the ‘new rich’ currency, and I could not agree more! Overall this book is fantastic, and I definitely recommend it.

#1 - Millionaire Next Door : The Surprising Secrets of America's Wealthy

The main idea of this book is building wealth, and how simple saving and spending habits will help you build a wealthy lifestyle over time, as we get a constant reminder that becoming wealthy does not happen overnight!

It explains why always watching money as it flows in and out of your bank account is very important, and for someone who is very frugal with money, this speaks volumes to me! I have been taught from a young age that a focus on cash flow is a critical block for financial success.

A1 Edgefinder

Smart Money Tracker
See where big money is flowing with the A1 Edgefinder's smart money tracker! With one click, see where the biggest money flows are entering and exiting through COT data.

10% off code: 'READER'

GET ACCESS NOW

VIP discord

Trade Alerts, Strategies, Chatrooms & more!

10% off code: 'READER'

LEARN MORE
What To Take Away From Powell's Remarks

Today, Fed chairman Jerome Powell spoke on the labor market and inflation. While we don't know what the future holds for the equities and currency market, we can derive certain conclusions from investors' interpretations. Here are some powerful takeaways from Powell's remarks this afternoon. Key takeaways Market Impact This caused the dollar and equities to […]

Read More
What To Expect From Today's FOMC

Today at 2:00 pm EST, the Fed will announce their latest interest rate decision. Estimates suggest a smaller hike of 25 basis points this time around. Here are some things to consider before the FOMC decision later today: The Fed has struggled to tighten their grip on inflation without causing too much disturbance in the […]

Read More
The Art of Not Trading

With the holiday season lingering on and a new year on the cusp of arrival, traders may glance at the calendar and notice there is not much economic news to anticipate on Friday to cap off a light week. In situations like these where there can be lulls in bullish and bearish momentum due to […]

Read More
DISCLAIMER: All comments made by TraderNick’s Forex Group, LLC are for educational and informational purposes only. All comments should not be construed as investment advice regarding the purchase or sale of any securities or financial instrument of any kind. Please consult with your financial adviser before making an investment decision regarding any securities or financial instruments mentioned by TraderNick’s Forex Group, LLC. TraderNick’s Forex Group, LLC assumes no responsibility for your trading and investment results. All information on any of the platforms utilized by TraderNick’s Forex Group, LLC was obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. TraderNick’s Forex Group, LLC, its employees, representatives, and affiliated individuals may have a position or effect transactions in the securities and financial instruments herein and or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies. Trading of any type involves very high risk and may not be suitable for all investors. TraderNick’s Forex Group, LLC, its subsidiaries and all affiliated individuals assume no responsibility for your trading and investment result. Read our full disclaimer here
Home
Edgefinder
VIP
Menu
homesmartphonelaptopmenu linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram