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If you don't believe you deserve money, you will never price highly enough to make a fair and sustainable profit.""If you pay peanuts, you get monkeys. And so if you undercharge for what you do, you get the lower quality clients.""It took me 35 years to really understand who I am. If you know who you are, you will listen to the opinion of yourself.""What got you here won't get you there. So if you're at a place in your life where things aren't going well for you, then that's what you know.""There are people out there that have done it that can show you the way." A few of the concepts that really stood out to me in this section were Vacuum prosperity and the Money paradox. Vacuum prosperity explores the idea of “ If you want to attract more material wealth into your life, then create a void that nature will fill.” As someone who is naturally a money accumulator the idea of making a void feels very counter-intuitive, however, it does reinforce some of the information I have read in money mindset books about making space for new things even before you have them. Rob explains the Money paradox as “The paradox that exists in money is that you need to save well, but no hoard. You need to share well, but not overspend.” Again it is the idea that you have to find the optimum balance. If tax is going to be paid it needs to be fair across the board. Such as one flat rate such as 20% for everyone including billionaires who often pay much less than the general population.
Podcast - Rob Moore
He also goes through the seven layers of money, which means it easy for someone to work out where they are right now and what they should be focusing on doing next. I loved this section because I love money management, but I know a lot of people struggle with this aspect and Rob sets out plans that if you aren’t as confident with managing your money you could definitely use as a starting point.The structure in this book is appalling. Of its three parts, two are little more than fodder, and the third falls woefully short of offering any advice of value at all. Moore starts with a rambling description of money and its importance in history and modern society. Expect long-winded pseudo-intellectual passages about how money is not evil but a force for good (fair enough), interspersed with Moore's anecdotes about how he used to be a useless bum and then turned himself around when he stopped viewing the pursuit of money as evil (less useful, especially after the 5th time). And as usual with this kind of book, expect the formatting to regularly break up the flow of the book, for example with the grey text boxes which, as far as I could see, had no actual value as their contents could just as easily have been included in the main body of the chapter. It's annoying to read and actually makes navigating the book harder.
Money Podcast Rob Moore - Apple Podcasts The Money Podcast Rob Moore - Apple Podcasts
Now take a look at your IGTs or income-generating tasks. These are tasks that are aligned with your KRAs and generate the best possible monetary value from your time. And remember, not all tasks are equal. In professional golf, just one club – the putter – accounts for 40 percent of shots taken. This means that practicing putting will have the biggest impact on your score. Likewise, in business, focusing on certain key tasks that bring in money will have a disproportionate impact on your wealth. It's an okay book, not exceptional though. It does give some good tips, and it made me more interested and motivated regardind the personal finance topics. Altough obviously it doesn't really provide any practical tip, there is no silver bullet in here. It does provide some good tips regarding how to manage the money you already have and try to get the best outcome out of those. Various banks have admitted to wanting to be the biggest landlords in the UK. Visa have also openly stated they want to get everyone into debt. Take personal responsibility for your wealth, start reading and learning as much as you can about money and wealth building. They own the sugar companies that poison you, the drug companies that give you the drugs to lose the weight, this is outrageous!”Believing money is bad or those with it aren’t good people is part of having a bad money mindset, you will never become rich if you believe these things. Overall, I really enjoyed Money: Know More, Make More, Give More by Rob Moore. I thought it had a wonderful balance between discussing money mindset, sharing theoretical money information and providing practical advice to generate more money. This combination of topics makes it a great book for someone new to money books, but if you have read a number of money books already you might find the book repetitive and not providing too many new ideas.
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