My blog birthday is on the 13 th of October. That’s tomorrow.I have written about many books which have helped rewire my thinking.Today I will share one more book summary. If you want to be really financially free, you have to read this book.
Growing up my maternal uncles and aunts, helped when we faced financial pitfalls due to my father’s biz interests.
From those family catastrophes, I learned 3 things
1)You never risk your health, roof, or your future.For anything.Never.Some people earn a lot, lose a lot They are caught in a cycle of insecurity.The more insecure you are more money you can lose.
2)Always have a plan B.In my case I love Plan Cs too!
3)Market testing is a must before launching anything.
This book is not a “make money” hack.It’s a book which helps you redefine your attitude towards money.Your mindset is crucial if you want to be financially free.I am not talking about being rich, I am talking about Freedom!The book is 198 pages and 9 chapters.
The first chapter gives you a knockout punch.It tells you that Mother Teresa or Saint Teresa was a multimillion dollar business enterprise!She was supported by the immensely wealthy Catholic Church.
Saint Teresa was a great person and worked for the poor.But she used her energy to make the Government help .So her budget was always limitless.Since she had a quest, all her work had been blessed.When your work truly makes a difference, you have “God force” helping you.That energy of your thoughts, make things happen.
That’s the magic message in the book.If you are doing what you love, plus it’s creating value, you just need to have the right plan to be financially free !
Few questions before I jump into the book summary
*If money wasn’t a problem, what would you be doing now?
*If all your expenses were paid , upfront where would you travel to?
*If you were paid a fee for your expertise what would you charge per hour?
*Do you think earning money is a bad thing?
*Do you thing wealthy and rich is the same thing?
If I told you money was a form of energy.Would you believe me?
When I first read The Trick to Money Is Having Some By Stuart Wilde 3 and a half years back I was afraid.Afraid of earning money.Then what will happen if I don’t have it later?Afraid that people may borrow.That happens even when you don’t have money to lend!Afraid of “getting used ” to money.
Afraid of needing money.
According to Stuart Wilde
“Abundance will never be a factor of how much money one has.
Rather it’s always a factor of how one feels about what money one does have.”
The author explains how money is a form of energy.Just like the bountiful nature this energy is all around you.You just have to attract it.Powerful right?
Love , happiness, and opportunities are the other forms of abundance
To be free you have to be adaptable.
The point of the book
No amount of money will make you comfortable, if you are not comfortable with yourself.
Stuart Wilde
9 favorite lessons from the book
*Acceptance (of self) is the foundation of receiving.
*People have needs and when you meet those needs you serve them. Not only because you save them the hassle of looking elsewhere -but also because what you offer has a unique specialness.
*You have to charge properly for your product or service.Always remember value is important.
*Money is a major psychic symbol of security. Every thought you have that endorses your insecurity affects your money -making abilities.
*Money flows towards stability and away from its converse.
*You have a divine right to choose whom you will play with and under what circumstances.(my favorite)
*By eliminating any energy drag, the positive things in your life will resonate faster and faster
*There’s no other reason for being in business than to count money.
*Manufacturing, creating, selling, P.R, and shipping are not business ,collecting and counting money is the business.
After reading this book I promised myself three things
1)I will be financially free, even if it means I have to learn Chinese (I am sure it’s going to be easier than that! )
2)Avoid lending and borrowing money(but I have a home loan, couldn’t be avoided)
3)Relax and not be afraid of earning ethically. Work hard and work smart!
The metaphysical world is powerful.If you can train your mind to dream it step by step , you can do whatever your heart desires in reality.
Have you read this book?
(Updated on 17th April 2017)
What’s your opinion about money being a form of energy?Comment below to let me know.
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I am so sure this book is a great book. I hate books trying to teach us to chase money or to have as many of it. This one try to tell people, hey, try to handle your attitude towards money, afterall, money is the root of all evil, specially when mishandled.
I believe the way we handle our money says a lot about us… and finding the ways to manage it can help us better manage other areas of our lives as well. This sounds like a great book – I’ll add it to my list of books to read.
I am getting better at managing money. It doesn’t happen overnight and it takes a lot of discipline.
thanks for this great book recommendation, i will def. check it out 🙂
In some way I do think money is like energy, because if you keep saying you’re broke you will stay broke. But I tend not to focus to much on the money because sometimes you just need to give a helping hand in business.
This sounds like a great book and an informative and interesting read. I like the three items of things you learned. yes to all, especially the first one. A lot of people should always keep that in mind.
Thanks for all your tips about managing and handling money, very informative reading.
This book sounds awesome.I cant wait to check it out. Accepting the situation and managing the money is an important skill. I hope this book would be perfect for learning all those basic financial things. Thanks for sharing Amrita.
And congrats on the blog anniversary!!!!
Thank you for this book recommendation and i can’t wait to check it out. Have to say that having multiple income streams is really important. I’ve seen lifelong employees suddenly lose their jobs and not being able to find new employment. Really tough.
Yes true
Sounds like a good one. Thanks for sharing. All I avoid about such books is when they get too preachy. I hope this one isn’t.
That is a whole new way of looking at the concept of money, and a very interesting one too. I’ve never heard anyone speak of money in any manner other than monetary gain or survival. Nice to perceive a different view. Thanks for sharing the review!
Very intersting pointers. I am hearing similar points of views lately from different sources. Thank you for sharing.
Thanks Preethi.
I would love to read the book once. Actually you are successful only if you contribute to the society in some or the other way. You help others then only others help you. the law of nature.
That’s also very wise.But life is hardly an equation.Its largely unequal.Usefulness is important.But perceived value makes or breaks the situation.Thank you for a very insightful comment.
Very crucial points you mentioned up there…. ethical earning is the must, nothing can ever take the fruits away of hard work mixed up a bit of smart work today.
Worth a read.
Thanks Dipika
Sounds like an interesting read and certainly redefines the perception about money. Should grab it for a good read!
definitely read it if you want to open your money energy source
Worth read post for me. Yes I also believe to work hard rather than work smart and always avoid borrowing money thanks for sharing your experience with us 🙂
Congratulations on your blog anniversary! Saving money and investing at right time is important! I also loved the message from the book about Mother Teresa. I’ll definitely check this book out! Thanks for sharing the review with us!
Thanks Anamika. Glad you liked the review????
Money tips never sounded so powerful – thanks for sharing this well explained review of an amazing book. Added to my TBR
Thanks Shalini .Glad you liked iy
Liked the way you have summarized the book. And yes managing money well is an important lesson that everyone needs to know. Yes, money isn’t everything but it is something.
Thanks Reema.Yes it’s something ????
I must say I’m grateful I have a financially savvy husband because I don’t know anything about finances. I learned quite a bit from this article. Thanks!
Yes its good to have at least one person in the family money smart.????
Glad you found it useful
congratulation on your blog anniversary…best wishes for future 🙂
i always believe money can’t buy happiness 🙂
Thanks Bushra. You are right money can’t buy happiness.But it’s important to learn to manage happiness and money.Because without money the challenges are even more????