Summary of Richard Templar's The Rules of Money

Please note: This is a companion version & not the original book. Book Preview:

#1 Money is a concept. You can’t really see or touch it, except for when you hold a gold bar in your hand. You can only do that with some physical symbol of it like stock certificates or a check.

#2 The only thing that can hold you back from wealth is yourself and your own money myths. Rule 7 is about challenging those myths.

#3 To become wealthy, you must first define what wealth means to you. Some people might not worry about having enough if they can pay for any emergency that might arise in their family or home. So how will you define it. By the number of cars you own. Servants. Cash in the bank. Value of your house. Portfolio of investments.

#4 Defining what you mean by wealth is the first step in setting your objectives. You must be honest and realistic with yourself when setting an objective. If you aren’t interested in learning about property, don’t have the money to get a mortgage, or anything else, then setting an objective to be a property developer isn’t realistic or achievable.

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