The Millionaire Booklet: How to Get Super Rich – Review

The book is simple and quick read; mindset changer for those who want to do more, be more, and achieve more in how they pursue wealth and providing value for others. This is a good book to put into practice.

As the writer says, the Millionaire Booklet was created for you to keep close to you until you become a millionaire.

A quick Summary

The book presents eight strategies to be a super-rich.

  • Step 1: Make the Millionaire Decision
  • Step 2: Millionaire Math
  • Step 3: Increase Income
  • Step 4: Who’s Got my Money?
  • Step 5: Stay Broke
  • Step 6: Save to Invest, Don’t Save to Save
  • Step 7: Multiple Flows of Income
  • Step 8: Repeat, Reinforce, Hyper-focus

Where to Get Advice

Be very selective of where you get your financial advice and never get advice from a quitter or a pretender (p.11)

Happiness in Life

“If you’re going to be unhappy, be as rich as possible”(p.14)

In 2015, 500,000 households in America became millionaires (p.15)

Getting rich is mostly a game of offense, not defense (p.16)

Step 1: Make the Millionaire Decision
Nowadays, more than 80% of all millionaires are self-made. The middle class is for those who settle for just enough rather than striving for prosperity. The middle class is a compromise, and it is selfish. When you compromise your finances, you become unable to help others because you are struggling to simply take care of yourself. (p.18)

“I believe millionaire is today’s new middle class.”

Step 2: Millionaire Math
Do the math to create possibility, then create strategy.

Step 3: Increase Income

The author says, increase your income first. After that, the game of wealth creation begins. It’s about increased your income flows. Most of the times millionaires work for someone else.

Step 4: Who’s Got my Money?

Think about people who have money, and how you can provide product or service to them to get money out of their pocket.

The question you should ask is who has got my money?

Try to help the people as the saying goes, the more people you help, the more money you will have.

“The most important thing you must learn about any business is sales”- Mark Cuban

Make yourself known to the people who have your money.

Step 5: Stay Broke

Future investments are key to grow rich.

Stay broke, not poor.

“Pay the price today so you can pay any price tomorrow”

Step 6: Save to Invest, Don’t Save to Save

Investing money is a great way to get yourself rich. Because the money in your pocket will not double. Mostly, the people do not create wealth because they never invest enough stock market to get a big payoff. Significant wealth creators like Warren Buffett make big plays, not little ones. To accomplish this, you must have some amount of cash and confidence.

Step 7: Multiple Flows of Income
Try to make multiple ways to create income. Therefore, you do not have to worry about in case one of them become halt. Firstly, increase your income. Secondly, add to your income by starting a second symbiotic flow. Thirdly, expanding the on the thing you are already doing. Save the rest of money in bank for investments.

Step 8: Repeat, Reinforce, Hyper-focus
When people ask you, why you are working so hard. It is a sign that you are on your track.

Try to invest in yourself. Do not spend time and money on things for instance toys, or holidays. Invest in the surest investment of your life.

It is a great book to study, if you are serious about getting rich.

Sources

Website: Grant Cardone

Amazon: Click Here

Apple Watches in Pakistan

Apple released new watches namely apple watch series 6 and apple watch special edition (SE) which are officially available everywhere except Pakistan. However, if you want to buy an apple watch then you have to import it yourself or buy it from a third party supplier. Unfortunately, ECG feature is not available in Pakistan. But it is still a great choice for you.

Where to buy an Apple Watch

Apple watch is not officially available in Pakistan because there’s no official Apple Store in Pakistan; if you are willing to buy an apple watch you have to buy it from a third-party store. However, you can import it yourself from America, Europe or any other country.

If you buy it from an unofficial store you have to be careful because there are many fake or copies of apple watches available in the market. And people who are willing to earn more profit and trying to sell a fake or used product on the account of new.

There are Chinese variant or copy of the Apple watch available so as a new user will not be able to differentiate between an original and copy of the watch. Therefore, be careful.

You can import it yourself too, the easiest way is to ask your friend to buy it on your behalf. The cheapest watch you can import in from America.

If you want to import it from another country then Dubai should be on your priority list. Because if you compare the price from Dubai variant with American it will not be more expensive. However, Dubai variant also adds that value-added tax (VAT) on mostly all of the products. In addition to that, there will be shipping charges for or any of the products including apple watch or iPhone.

Price of the Apple watch series 6

Apple watch series 6 is the latest product of Apple it is available in two variants. Apple watch without SIM and apple watch with e-sim. If you are going to buy an e-sim variant you have to pay an extra tax to PTA  to use it in Pakistan.

Apple watch series 6 is a great choice for you because it offers an always-on display. You would have when iPhone so you can receive and calls and have other notifications on the go.

Apple watch special edition is also great to include most of the features of Series 6 but is the cheaper version of the watch. I would say if you can afford apple watch series 6, then, obviously, you should go for it because series 6 has the latest chip in it. Apple watch SE (special edition) is also fine but it does not have an always-on display so, it is not as much attractive as series 6.

The price of Apple watch Series 6 (without sim) 44mm is 82000 rupees.

The price of Apple watch Series 6 (e-sim variant) 44mm is 96000 rupees.

Price of the Apple Watch Special Edition (SE)

The price of Apple watch SE 40mm is 58000 rupees.

The price of Apple watch SE 40mm is 63000 rupees.

I imported these watches from an official store from UAE.

My experience with apple watch series 6

I bought Apple watch in October so it’s been two months that I am using it frequently in my workout routines, to monitor my sleep and measure my heart rate. Unfortunately, some of the features are not available in our country like ECG. Despite that, it is a great piece of text to track your activity to monitor your workout routine and check out your heart rate 24 hours a day. It’s been a while I am using apple watch so, honestly speaking apple watch is a great choice in the market.

It can monitor your health, heart rate track your daily activities. Most importantly, it has a variety of prebuilt workout routines in it like yoga outdoor walk, indoor walk, functional stretch, gymnastic activities, dance and many more. I would like to share some of the screen shot of my in daily activities.

Features of Apple Watch Series 6 and SE

During the workout, it can record Heartbeat and the time latitude and longitude and consumable position on the map and most importantly it will calculate the calories you have burnt during the workout. So I would recommend it if you are an athlete are a bodybuilder. It can monitor your routines very effectively.

Also, calculate the sleep time so so on, in the long run, it will be very helpful to monitor your health. Apple watch will automatically calculate your weekly monthly sleep and generate reports. How much you slept during the last week. Moreover, it suggests that you have to get more sleep to stay fit.

Sound level measurement is also a great feature with apple watch series 6 and apple watch special edition (SE) offers. It measures the sound density level so it will recommend you if you are at a nice place you have to move around and look for some quiet place. Because and noise places such as factories are dangerous and can harm your hearing.

ECG and Oxygen level measurement is not available in SE. So, if you need ECG feature; then you should go for Apple Watch Series 6.

Apple watch is so customisable you can install applications of your own choice. For instance compass. There are many prebuilt applications available in the watches i.e. weather, calculator, fitness app etc.

Conclusion

Apple watches are expensive according to the buying capacity of common citizen of Pakistan. But, it is a great product to track your fitness level, monitor your health and stay active.