After I Read 103 Books on Money - Here's What Will Make You Rich
Anthony Vicino
14 min, 41 sec
The speaker shares personal revelations and strategies for wealth building gleaned from reading over 100 books on money.
Summary
- The speaker discusses the mindset shifts required to approach money as a game with specific rules to learn and play.
- Three key rules of money are highlighted: paying attention to finances, not hoarding money, and understanding money can only be spent, saved, or invested.
- The importance of building a cash-generating business and investing the proceeds into cash-generating assets like real estate is emphasized.
- The speaker argues against a one-size-fits-all approach to wealth and promotes understanding personal circumstances and strategies with higher success probabilities.
- The video ends with an encouragement to treat money as a game, to learn its rules, and to master the strategies for financial success.
Chapter 1
![The speaker confesses to having a reading problem, humorously referencing a staged scenario of reading habits.](https://www.videogist.co/rails/active_storage/representations/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MTcyMjY4LCJwdXIiOiJibG9iX2lkIn19--ac16de028a870e7dabd2d25806ae35293b7b43b8/eyJfcmFpbHMiOnsiZGF0YSI6eyJmb3JtYXQiOiJqcGciLCJyZXNpemVfdG9fbGltaXQiOls3MjAsbnVsbF19LCJwdXIiOiJ2YXJpYXRpb24ifX0=--c9426325207613fdd890ee7713353fad711030c7/10065_16.jpg)
The speaker confesses to having a reading problem, humorously referencing a staged scenario of reading habits.
- The speaker confesses to reading over 100 books every year.
- Reflects on the artificiality of the video setup, acknowledging that it is constructed for viewer engagement.
![The speaker confesses to having a reading problem, humorously referencing a staged scenario of reading habits.](https://www.videogist.co/rails/active_storage/representations/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MTcyMjY4LCJwdXIiOiJibG9iX2lkIn19--ac16de028a870e7dabd2d25806ae35293b7b43b8/eyJfcmFpbHMiOnsiZGF0YSI6eyJmb3JtYXQiOiJqcGciLCJyZXNpemVfdG9fbGltaXQiOls3MjAsbnVsbF19LCJwdXIiOiJ2YXJpYXRpb24ifX0=--c9426325207613fdd890ee7713353fad711030c7/10065_16.jpg)
Chapter 2
![The speaker illustrates money as a game that society views with mixed feelings and the need to learn how to play it.](https://www.videogist.co/rails/active_storage/representations/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MTcyMjcwLCJwdXIiOiJibG9iX2lkIn19--b705e78766ac0b64039dfe3e3312421d2399fa68/eyJfcmFpbHMiOnsiZGF0YSI6eyJmb3JtYXQiOiJqcGciLCJyZXNpemVfdG9fbGltaXQiOls3MjAsbnVsbF19LCJwdXIiOiJ2YXJpYXRpb24ifX0=--c9426325207613fdd890ee7713353fad711030c7/10065_70.jpg)
The speaker illustrates money as a game that society views with mixed feelings and the need to learn how to play it.
- Money is often seen as taboo and is both idolized and demonized in society.
- The conflicting views on money result in discomfort when discussing it, leading to silence and ignorance.
- Understanding money as a game is crucial; people who are good at making money see it as neither good nor bad.
![The speaker illustrates money as a game that society views with mixed feelings and the need to learn how to play it.](https://www.videogist.co/rails/active_storage/representations/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MTcyMjcwLCJwdXIiOiJibG9iX2lkIn19--b705e78766ac0b64039dfe3e3312421d2399fa68/eyJfcmFpbHMiOnsiZGF0YSI6eyJmb3JtYXQiOiJqcGciLCJyZXNpemVfdG9fbGltaXQiOls3MjAsbnVsbF19LCJwdXIiOiJ2YXJpYXRpb24ifX0=--c9426325207613fdd890ee7713353fad711030c7/10065_70.jpg)
Chapter 3
![The speaker discusses the importance of understanding the rules of money and overcoming the belief that money is complicated.](https://www.videogist.co/rails/active_storage/representations/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MTcyMjcyLCJwdXIiOiJibG9iX2lkIn19--4eb673399e3f3e80fc3333baa4c123a0c533e8ad/eyJfcmFpbHMiOnsiZGF0YSI6eyJmb3JtYXQiOiJqcGciLCJyZXNpemVfdG9fbGltaXQiOls3MjAsbnVsbF19LCJwdXIiOiJ2YXJpYXRpb24ifX0=--c9426325207613fdd890ee7713353fad711030c7/10065_170.jpg)
The speaker discusses the importance of understanding the rules of money and overcoming the belief that money is complicated.
- Many people are held back by the belief that money is complicated, but in reality, it's been made to appear that way.
- Financial industries benefit from people's ignorance, profiting from their reluctance to manage their financial futures.
- Understanding how money works is essential for controlling your financial destiny and playing the game better.
![The speaker discusses the importance of understanding the rules of money and overcoming the belief that money is complicated.](https://www.videogist.co/rails/active_storage/representations/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MTcyMjcyLCJwdXIiOiJibG9iX2lkIn19--4eb673399e3f3e80fc3333baa4c123a0c533e8ad/eyJfcmFpbHMiOnsiZGF0YSI6eyJmb3JtYXQiOiJqcGciLCJyZXNpemVfdG9fbGltaXQiOls3MjAsbnVsbF19LCJwdXIiOiJ2YXJpYXRpb24ifX0=--c9426325207613fdd890ee7713353fad711030c7/10065_170.jpg)
Chapter 4
![The speaker reveals key principles for financial success, emphasizing the importance of attention to finances and viewing money as an abundant resource.](https://www.videogist.co/rails/active_storage/representations/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MTcyMjc0LCJwdXIiOiJibG9iX2lkIn19--362a2de81983b0647a28935f6e76ee766c68cf95/eyJfcmFpbHMiOnsiZGF0YSI6eyJmb3JtYXQiOiJqcGciLCJyZXNpemVfdG9fbGltaXQiOls3MjAsbnVsbF19LCJwdXIiOiJ2YXJpYXRpb24ifX0=--c9426325207613fdd890ee7713353fad711030c7/10065_365.jpg)
The speaker reveals key principles for financial success, emphasizing the importance of attention to finances and viewing money as an abundant resource.
- Money goes to those who pay it the most attention; implementing budgeting and daily audits can dramatically improve financial health.
- Wealthy individuals often view money as an abundant resource and are open with their time, knowledge, and resources.
![The speaker reveals key principles for financial success, emphasizing the importance of attention to finances and viewing money as an abundant resource.](https://www.videogist.co/rails/active_storage/representations/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MTcyMjc0LCJwdXIiOiJibG9iX2lkIn19--362a2de81983b0647a28935f6e76ee766c68cf95/eyJfcmFpbHMiOnsiZGF0YSI6eyJmb3JtYXQiOiJqcGciLCJyZXNpemVfdG9fbGltaXQiOls3MjAsbnVsbF19LCJwdXIiOiJ2YXJpYXRpb24ifX0=--c9426325207613fdd890ee7713353fad711030c7/10065_365.jpg)
Chapter 5
![The speaker explains the differences between spending, saving, and investing, focusing on the deceptive nature of saving due to inflation.](https://www.videogist.co/rails/active_storage/representations/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MTcyMjc2LCJwdXIiOiJibG9iX2lkIn19--7f6562abb2e353f0c41ee9409c2bafd97e3acd35/eyJfcmFpbHMiOnsiZGF0YSI6eyJmb3JtYXQiOiJqcGciLCJyZXNpemVfdG9fbGltaXQiOls3MjAsbnVsbF19LCJwdXIiOiJ2YXJpYXRpb24ifX0=--c9426325207613fdd890ee7713353fad711030c7/10065_537.jpg)
The speaker explains the differences between spending, saving, and investing, focusing on the deceptive nature of saving due to inflation.
- There are only three actions to take with money: spend it, save it, or invest it.
- Saving is often an illusion due to inflation, which diminishes the value of money over time.
- A better strategy is to spend money on investing in assets that grow in value and offer tax advantages.
![The speaker explains the differences between spending, saving, and investing, focusing on the deceptive nature of saving due to inflation.](https://www.videogist.co/rails/active_storage/representations/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MTcyMjc2LCJwdXIiOiJibG9iX2lkIn19--7f6562abb2e353f0c41ee9409c2bafd97e3acd35/eyJfcmFpbHMiOnsiZGF0YSI6eyJmb3JtYXQiOiJqcGciLCJyZXNpemVfdG9fbGltaXQiOls3MjAsbnVsbF19LCJwdXIiOiJ2YXJpYXRpb24ifX0=--c9426325207613fdd890ee7713353fad711030c7/10065_537.jpg)
Chapter 6
![The speaker acknowledges the diversity of wealth-building paths and shares his own strategy of business and real estate investment.](https://www.videogist.co/rails/active_storage/representations/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MTcyMjc4LCJwdXIiOiJibG9iX2lkIn19--a7690a72e0bc06d19bb1fd1eb2c6d51127966738/eyJfcmFpbHMiOnsiZGF0YSI6eyJmb3JtYXQiOiJqcGciLCJyZXNpemVfdG9fbGltaXQiOls3MjAsbnVsbF19LCJwdXIiOiJ2YXJpYXRpb24ifX0=--c9426325207613fdd890ee7713353fad711030c7/10065_700.jpg)
The speaker acknowledges the diversity of wealth-building paths and shares his own strategy of business and real estate investment.
- There is no one-size-fits-all approach to becoming wealthy; different strategies work for different people.
- The speaker's strategy involves creating a cash-generating business and investing in real estate for its favorable tax treatment.
![The speaker acknowledges the diversity of wealth-building paths and shares his own strategy of business and real estate investment.](https://www.videogist.co/rails/active_storage/representations/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MTcyMjc4LCJwdXIiOiJibG9iX2lkIn19--a7690a72e0bc06d19bb1fd1eb2c6d51127966738/eyJfcmFpbHMiOnsiZGF0YSI6eyJmb3JtYXQiOiJqcGciLCJyZXNpemVfdG9fbGltaXQiOls3MjAsbnVsbF19LCJwdXIiOiJ2YXJpYXRpb24ifX0=--c9426325207613fdd890ee7713353fad711030c7/10065_700.jpg)
Chapter 7
![The speaker concludes the video with gratitude and offers resources for further learning.](https://www.videogist.co/rails/active_storage/representations/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MTcyMjgwLCJwdXIiOiJibG9iX2lkIn19--8032931288f609f6783924827d13ae020f2bdbe5/eyJfcmFpbHMiOnsiZGF0YSI6eyJmb3JtYXQiOiJqcGciLCJyZXNpemVfdG9fbGltaXQiOls3MjAsbnVsbF19LCJwdXIiOiJ2YXJpYXRpb24ifX0=--c9426325207613fdd890ee7713353fad711030c7/10065_844.jpg)
The speaker concludes the video with gratitude and offers resources for further learning.
- The speaker thanks viewers for their attention and encourages them to continue learning about wealth building.
- Resources for entrepreneur insights and real estate investment knowledge are provided.
![The speaker concludes the video with gratitude and offers resources for further learning.](https://www.videogist.co/rails/active_storage/representations/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MTcyMjgwLCJwdXIiOiJibG9iX2lkIn19--8032931288f609f6783924827d13ae020f2bdbe5/eyJfcmFpbHMiOnsiZGF0YSI6eyJmb3JtYXQiOiJqcGciLCJyZXNpemVfdG9fbGltaXQiOls3MjAsbnVsbF19LCJwdXIiOiJ2YXJpYXRpb24ifX0=--c9426325207613fdd890ee7713353fad711030c7/10065_844.jpg)
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