After reading this great post from Bible Money Matters, it got me thinking. The author of the post is crazy about electronics, and finally decided he isn’t going to spend a ton of money on them any more. But he is inundated with info about electronics all day long. How can he manage his desire?
His solution is to remove all the info. Changing his homepage from the electronics gizmo deal site. Removing the electronics blogs from his blog reader. Etc.
So, that made me think about how he is setting himself up for financial success. Instead of just consuming all the information and then trying to avoid buying, he is eliminating the desire in the first place.
What can we do to set ourselves up for financial success?
What if you had a machine that, if you needed a hub cap for your car, you could just touch a few buttons and… poof… you had a new hub cap?
Then imagine you needed a new car…
I think you know where I’m going. Rapid prototyping is like a printer, except instead of churning out documents, it can produce for 3-D objects. It may be in its preliminary stages of development, but if you think my hubcap and auto analogies are somewhere off in the future with George and Jane Jetson, think again.
Here’s where we’re at now:
Obviously you can imagine what this does for your personal life. You want new dishes? Create some. See a statue at a museum you thought would look cool in your dining room? Whip up a miniature exact likeness. Some rapid prototyping machines can even print out circuits with more advanced models able to put together complete electronics gear.
But, think–if this continues toward mass adoption and trends along this exponential path–how the economy is revolutionized. Transportation costs: nil. Material costs: next to nil. Labor cost: Perhaps a royalty for the inventor or designer.
And you’re styling down the road with those new hub caps.
(Special thanks to my friends at Transcurve for turning me on to this video.)
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Rich Dad Poor Dad by Robert Kiyosaki. This is one of the most popular personal finance books of all time. A must read for anyone who wants to become financially successful.
The Millionaire's Secrets is one of my favorite financial books of all time. It's an allegory about a guy who has a terrible job, and how he overcomes challenges to achieve his dreams.
The One Minute Millionaire is a great book about how to become a millionaire. Written by Mark Victor Hansen and Robert G. Allen, this book combines an inspirational story with practical everyday skills.
The Art of Learning is the fascinating story of Josh Waitzkin, the world champion in both chess and Pushing Hands. His style is mesmerizing, and the strategies for learning are priceless.
The Alchemist is one of the best-selling and most inspirational books of all time. Anyone who has ever had a dream in life needs to read it. Perhaps my favorite book of all time.
Love is the Killer App is a powerful, step-by-step book about how to have a wonderful experience and spread love in any working environment. Think the office has to be a source of bad energy? Think again.
The 4-Hour Workweek is a powerful book full of strategies about how to get more done in less time. For anyone who is looking for leverage or wants to achieve success quickly, this book is absolutely invaluable.
So, that made me think about how he is setting himself up for financial success. Instead of just consuming all the information and then trying to avoid buying, he is eliminating the desire in the first place.
is one of my favorite financial books of all time. It's an allegory about a guy who has a terrible job, and how he overcomes challenges to achieve his dreams.
